East Timor recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2018. source: National Statistics Directorate, Timor

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. East Timor Government Budget - values, historical data and charts - was last updated on December of 2021.

Government Budget in East Timor is expected to reach -25.00 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 Government Budget is projected to trend around -26.90 percent of GDP in 2022, according to our econometric models.

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East Timor Government Budget

Related Last Previous Unit Reference
Government Budget -4.80 -18.20 percent of GDP Dec/18
Government Revenues 42084.00 35161.00 USD Thousand Jun/21
Government Budget Value -178495.00 -281081.00 USD Thousand Jun/21
Fiscal Expenditure 220579.00 316242.00 USD Thousand Jun/21
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.