Timor-Leste: Trade (% of GDP)
In , Timor-Leste's Trade (% of GDP) was 95.45.
That's up 6.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Timor-Leste ranks #63 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #14 of 24.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 157.69
- Trough
- 58.63
- 1-year change
- +6.9%
- 5-year change
- +35.2%
- +6.2% / yr
- 10-year change
- +15.4%
- +1.4% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 95.4485 | |
| 89.3047 | |
| 97.6211 | |
| 99.8600 | |
| 84.7503 | |
| 70.6142 | |
| 64.8192 | |
| 58.6348 | |
| 60.3106 | |
| 60.0769 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Timor-Leste's Trade (% of GDP) in 2024?
- In 2024, Timor-Leste's Trade (% of GDP) was 95.45, according to World Bank Open Data.
- Is Timor-Leste's Trade (% of GDP) rising or falling?
- Timor-Leste's Trade (% of GDP) rose 6.9% from 2023 to 2024.
- How does Timor-Leste rank globally on Trade (% of GDP)?
- In 2024, Timor-Leste ranked #63 out of 160 countries reporting Trade (% of GDP).
- How does Timor-Leste's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Timor-Leste is above the world average. Within East Asia & Pacific, it ranks #14 of 24.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.