East Timor recorded a Current Account deficit of 18 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Timor-Leste

Current Account to GDP in East Timor averaged 71.19 percent of GDP from 2006 until 2020, reaching an all time high of 252 percent of GDP in 2012 and a record low of -32.20 percent of GDP in 2016. This page provides - East Timor Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. East Timor Current Account to GDP - values, historical data and charts - was last updated on October of 2021.

Current Account to GDP in East Timor is expected to reach -0.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the East Timor Current Account to GDP is projected to trend around -12.50 percent of GDP in 2022, according to our econometric models.

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East Timor Current Account to GDP


East Timor Last Unit Reference Previous Highest Lowest
Current Account to GDP -18.00 percent of GDP Dec/20 7.00 252.00 -32.20
Current Account -302.00 USD Million Dec/20 133.00 2736.00 -544.50


East Timor Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.