Private Sector Credit Statistics in Timor-Leste (2026)
In 2024, domestic credit to the private sector in Timor-Leste stood at 34.8% of GDP, according to World Bank World Development Indicators data. Up from 23.7% of GDP in 2023 to 34.8% of GDP in 2024 (+11.1 percentage points). Timor-Leste ranks #21 of 25 economies in East Asia & Pacific on this measure, and #96 of 160 globally.
Key Statistics
- Latest value (2024)
- 34.8% of GDP (2024)
- Private Sector Credit in Timor-Leste as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +11.1 pp (2024)
- Up from 23.7% of GDP in 2023 to 34.8% of GDP in 2024 (+11.1 percentage points).
- Earliest value in this dataset (2002)
- 1.4% of GDP (2002)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 1.4% of GDP in 2002 to 34.8% of GDP in 2024.
- Record high (2024)
- 34.8% of GDP (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Timor-Leste.
- Rank in East Asia & Pacific
- #21 of 25 (2024)
- Timor-Leste ranks 21 of 25 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #96 of 160 (2024)
- Timor-Leste ranks 96 of 160 countries with data globally.
- East Asia & Pacific average
- 96.2% of GDP (2024)
- Timor-Leste (34.8% of GDP) is below the average of 96.2% of GDP across the 25 countries in East Asia & Pacific with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 34.7% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2023)
- 21.1% (2023)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Timor-Leste (2021)
- 35% (2021)
- 35% of the population in Timor-Leste used the internet in 2021 (World Bank); shown for context only.
- Population (2024)
- 1.4 million (2024)
- Timor-Leste had a population of 1.4 million in 2024 (World Bank); shown for scale only.
Trend, 2002–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 34.8% | +11.1 pp |
| 2023 | 23.7% | +11.0 pp |
| 2022 | 12.7% | +4.3 pp |
| 2021 | 8.4% | −5.0 pp |
| 2020 | 13.4% | +0.5 pp |
| 2019 | 13% | −3.1 pp |
| 2018 | 16.1% | −0.3 pp |
| 2017 | 16.4% | +3.7 pp |
| 2016 | 12.7% | −0.6 pp |
| 2015 | 13.3% | +0.1 pp |
| 2014 | 13.2% | +0.2 pp |
| 2013 | 13% | −0.8 pp |
| 2012 | 13.8% | +1.1 pp |
| 2011 | 12.7% | +0.3 pp |
| 2010 | 12.4% | −1.8 pp |
| 2009 | 14.2% | −1.6 pp |
| 2008 | 15.8% | −2.7 pp |
| 2007 | 18.5% | −6.0 pp |
| 2006 | 24.6% | +1.7 pp |
| 2005 | 22.9% | +2.9 pp |
| 2004 | 20.1% | +14.7 pp |
| 2003 | 5.4% | +4.0 pp |
| 2002 | 1.4% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Timor-Leste?
Domestic credit to the private sector in Timor-Leste stood at 34.8% of GDP in 2024, according to World Bank World Development Indicators data.
Where does Timor-Leste rank globally on private sector credit?
Timor-Leste ranks 96 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the private sector credit data for Timor-Leste?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Timor-Leste.
Where does the private sector credit data for Timor-Leste come from?
The data comes from the World Bank World Development Indicators (indicator FS.AST.PRVT.GD.ZS). The latest observation for Timor-Leste is from 2024; the snapshot was retrieved on 2026-06-10.
How has private sector credit in Timor-Leste changed over time?
World Bank World Development Indicators data show a rise from 1.4% of GDP in 2002 to 34.8% of GDP in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .