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. East Timor Government Budget - values, historical data and charts - was last updated on July of 2020.
Government Budget in East Timor is expected to reach -30.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the East Timor Government Budget is projected to trend around -25.00 percent of GDP in 2021 and -26.90 percent of GDP in 2022, according to our econometric models.