Insurance and financial services in Timor-Leste
Timor-Leste: Insurance and financial services was 12.4% in 2025. ◆ Volatile
Insurance and financial services in Timor-Leste, 2006–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Timor-Leste recorded 12.4% for insurance and financial services in 2025.
Compared with earlier readings it is down 5.1% on the previous year and up 54.8% over ten years.
Over the whole period, insurance and financial services in Timor-Leste peaked at 22.2% in 2008 and was at its lowest, 2.2%, in 2011.
Timor-Leste ranks 33rd of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Timor-Leste, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2006 | 11.0% | — |
| 2007 | 18.4% | +67.9% |
| 2008 | 22.2% | +20.1% |
| 2009 | 3.6% | -83.8% |
| 2010 | 2.4% | -33.7% |
| 2011 | 2.2% | -8.4% |
| 2012 | 2.8% | +29.6% |
| 2013 | 5.0% | +78.7% |
| 2014 | 2.6% | -48.6% |
| 2015 | 8.0% | +209.5% |
| 2016 | 5.5% | -31.0% |
| 2017 | 8.7% | +56.3% |
| 2018 | 7.6% | -11.8% |
| 2019 | 4.8% | -37.3% |
| 2020 | 2.5% | -48.3% |
| 2021 | 4.3% | +75.5% |
| 2022 | 5.9% | +35.2% |
| 2023 | 7.9% | +34.6% |
| 2024 | 13.1% | +65.5% |
| 2025 | 12.4% | -5.1% |
Timor-Leste compared with similar countries
- Timor-Leste's 12.4% is above the median for lower middle income countries, which is 6.5%, 1.9× the median. (47 countries reporting)
- Timor-Leste's 12.4% is above the median for East Asia & Pacific, which is 5.2%, 2.4× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.8% | 3.6% | 22.2% | 4 |
| 2010s | 5.0% | 2.2% | 8.7% | 10 |
| 2020s | 7.7% | 2.5% | 13.1% | 6 |
Countries ranked near Timor-Leste
More private sector data for Timor-Leste
- Merchandise trade 56.9% (2025)
- Food imports 28.1% (2023)
- Manufactures imports 49.6% (2023)
- Merchandise imports 979.00 million current US$ (2025)
- Food exports 10.5% (2023)
- Manufactures exports 21.9% (2023)
- Merchandise exports 103.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 72.61 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0541 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 19.77 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Timor-Leste?
- Insurance and financial services in Timor-Leste was 12.4% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Timor-Leste?
- The highest recorded value was 22.2% in 2008.
- What is the lowest insurance and financial services recorded in Timor-Leste?
- The lowest recorded value was 2.2% in 2011.
- How does Timor-Leste rank for insurance and financial services?
- Timor-Leste ranks 33rd out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Timor-Leste?
- Over the last ten years it is up 54.8%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.