Timor-Leste GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$1,331.97

Source: world bank Nominal/PPP
Summary:

Timor-Leste GDP Per Capita expanded from 1990 to 2024, increasing from $168.62 to $1,331.97 .The compound annual growth rate (CAGR) averaged 6.27% over the period. The economy recorded its peak level in 2021 and its lowest level in 1990. Growth volatility remained high. The maximum drawdown reached 50.39%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of Timor-Leste 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 1,331.97 dollars$ 4,422.78 Int dollars
Growth (YoY)-11.344%-7.99%
Net Change vs Previous Year$ -170.44 dollars$ -384.04 Int dollars
% of World GDP Per Capita1.20%2.21%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Timor-Leste GDP | Timor-Leste GDP Growth

Timor-Leste Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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1990168.62--685.28--
1991189.7921.1712.557 %766.2981.0111.821 %
1992235.0645.2723.852 %842.9476.6510.003 %
1993264.072912.338 %925.3782.439.779 %
1994283.0618.997.192 %984.8159.446.423 %
1995302.7419.686.952 %1043.4158.65.951 %
1996344.0141.2813.634 %1116.2972.886.985 %
1997348.864.851.41 %1148.8932.612.921 %
1998345.59-3.27-0.938 %1107.95-40.94-3.564 %
1999269.99-75.6-21.877 %818.97-288.98-26.082 %
2000492.46222.4782.4 %1483.17664.281.101 %
2001587.795.2419.34 %1618.59135.429.131 %
2002533.98-53.72-9.14 %1416.89-201.71-12.462 %
2003534.90.920.172 %1355.19-61.7-4.355 %
2004474.42-60.48-11.307 %1378.8523.671.746 %
2005487.4613.042.749 %1434.8255.974.059 %
2006464.67-22.8-4.677 %1377.11-57.71-4.022 %
2007540.1575.4916.246 %1515.71138.610.064 %
2008628.158816.291 %1675.05159.3410.512 %
2009686.5858.439.301 %1810.19135.148.068 %
2010813.06126.4818.422 %1955.33145.148.018 %
2011939.05125.9915.495 %2065.96110.635.658 %
20121022.6283.578.9 %2386.14320.1815.498 %
20131204.57181.9517.792 %2566.03179.897.539 %
20141224.7520.181.675 %2859.86293.8311.451 %
20151319.5994.847.744 %3107.57247.718.662 %
20161335.5415.951.209 %3390.76283.199.113 %
20171266.18-69.37-5.194 %3463.1272.362.134 %
20181219.47-46.71-3.689 %3561.2998.172.835 %
20191562.36342.928.119 %4556.61995.3327.949 %
20201630.8768.54.385 %6132.081575.4734.575 %
20212684.931054.0664.632 %6825.05692.9611.301 %
20222343.25-341.68-12.726 %5729.81-1095.23-16.047 %
20231502.41-840.84-35.883 %4806.82-922.99-16.109 %
20241331.97-170.44-11.344 %4422.78-384.04-7.99 %

Timor-Leste Economic Phases (1990 - 2024)

From 1990 to 2024, Timor-Leste economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1991–1996) indicating robust economic expansion
  • High Growth (2000–2001) indicating robust economic expansion
  • High Growth (2007–2013) indicating robust economic expansion
  • Contraction (2017–2018) indicating temporary slowdown
  • Crisis (2022–2024) indicating severe economic downturn

The most remarkable growth occurred in 2000 with an increase of 82.4%, while the largest decline was in 2023 at -35.883%.