Fiscal Balance in Timor-Leste
The fiscal balance averaged -14.4% of GDP in the decade to 2023, same level as the average of % of GDP. The fiscal balance in Timor-Leste in 2023 was -36.9% of GDP. For more information on fiscal balance, visit our dedicated page
Timor-Leste Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Timor-Leste from 2023 to 2022.
Source: Macrobond.
Timor-Leste Fiscal Balance Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -18.8 | -20.0 | -31.4 | -36.9 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects East Timorese fiscal balance projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for East Timorese fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our East Timorese fiscal balance projections.
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