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Timor-Leste Trade (% GDP)

Timor-Leste's trade (% GDP) fell to 89.3% in 2023, down from 97.62% in 2022, according to World Bank. This represents a decrease of 8.32% from the previous year. Timor-Leste has trade (% GDP) higher than the global median (89.30% vs median 84.49%). Compared with the median in Asia, Timor-Leste is higher (89.30% vs regional median 82.69%) and ranks 21st out of 45 countries in Asia.

Yearly Historical Data (2000-2023)

(in %)
Year Trade (% GDP)
2023 89.3%
2022 97.62%
2021 99.87%
2020 84.75%
2019 70.61%
2018 64.82%
2017 58.63%
2016 60.31%
2015 60.08%
2014 82.74%
2013 79.63%
2012 128.5%
2011 140.77%
2010 134.4%
2009 157.69%
2008 135.25%
2007 128.76%
2006 98.88%
2005 74.67%
2004 107.33%
2003 122.31%
2002 180.4%
2001 166.7%
2000 175.65%
Timor-Leste Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Timor-Leste divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $163.72M $471.77M 2023
Annual Imports $909.44M $933.46M 2023
Exports (% GDP) 22.93% 55.61% 2023
FDI Inflows (% GDP) 12.34% 3.05% 2024
Imports (% GDP) 66.38% 42.01% 2023
Net Trade (Goods & Services, BoP) -$919.26M -$467.4M 2024
Tariff Rate 2.5% 2.5% 2021