East Timor recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2019. Government Budget in East Timor averaged -3.58 percent of GDP from 2004 until 2019, 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. source: National Statistics Directorate, Timor



East Timor Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-4.00 -4.80 65.10 -47.40 2004 - 2019 percent of GDP Yearly