Current Account Balance in Timor-Leste
In the year 2023, the current account balance in Timor-Leste was -8.51%, compared to 171.4% in 2013 and 12.72% in 2022. It averaged 26.65% over the last decade. For more current account information, visit our dedicated page.
Timor-Leste Current Account Chart
Note: This chart displays Current Account (% of GDP) for Timor-Leste from 2013 to 2023.
Source: Macrobond.
Timor-Leste Current Account Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | 23.8 | 46.8 | 12.7 | -8.5 | - |
| Current Account Balance (USD bn) | 0.5 | 1.7 | 0.4 | -0.2 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects East Timorese current account 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 current account forecast available for East Timorese current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our East Timorese current account projections.
Want to get access to the full dataset of East Timorese current account forecasts? Send an email to info@focus-economics.com.