Inflation Timor-Leste 2024

Average inflation: 2.1%

Current Inflation

Inflation is normal at 2.1%, around the ECB target.

Peak and Trough

The highest inflation was in January at 4.3%. The lowest inflation was in December at -0.4%.

Highest month
January: 4.3%
Lowest month
December: -0.4%
Difference
4.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of -0.7%. The lowest price increase was in Energy with an average of -0.7%.

Highest increase
Energy: -0.7%
Lowest increase
Energy: -0.7%

Historical Context

Current inflation is 2.2% lower than the 5-year average of 4.3%.

5-year average
4.3%
10-year average
2.5%
All-time high (2011)
13.5%
All-time low (2016)
-1.3%

Trend

Inflation shows a downward trend. Compared to 2023, inflation has fallen by +6.3 percentage point.

Change vs. previous year
-6.3 percentage points
Largest monthly swing
November: -9.2 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2024

Month overview

Month Inflation Difference vs. 2023
January 4.3% -5.5
February 3.9% -5.7
March 2.7% -6.9
April 3.4% -4.7
May 3.5% -3.6
June 2.8% -4.2
July 2.4% -4.7
August 1.8% -5.9
September 0.6% -8.1
October 0.2% -8.5
November -0.2% -9.2
December -0.4% -9.1
Average 2.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also