East Timor recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2018.

Government Budget in East Timor averaged -3.55 percent of GDP from 2004 until 2018, reaching an all time high of 65.10 percent of GDP in 2014 and a record low of -47.40 percent of GDP in 2016. This page provides - East Timor Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Budget in East Timor is expected to be -30.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the East Timor Government Budget is projected to trend around -26.90 percent of GDP in 2020, according to our econometric models.


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East Timor Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-4.80 -18.20 65.10 -47.40 2004 - 2018 percent of GDP Yearly

East Timor Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

East Timor Government Last Previous Highest Lowest Unit
Government Budget -4.80 -18.20 65.10 -47.40 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 20.20 25.40 55.20 15.70 USD Million [+]
Government Budget Value -268413.00 -100099.00 169589.00 -1410245.00 USD Thousand [+]
Government Revenues 48353.00 41627.00 583425.00 4368.00 USD Thousand [+]
Fiscal Expenditure 316766.00 141726.00 1605392.00 53472.00 USD Thousand [+]