Economic Trivia

Timor-Leste's economy achieved a real growth of 10% per year for the past few years, giving it one of the highest sustained growth rates in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2013): Indonesia, Malaysia, and Singapore
Top 3 Exported Goods (2013): Textile Articles, Coffee & Spices, and Electrical Machinery

Top Industries Source: CIA World Factbook

Printing; Soap Manufacturing; Handicrafts; Woven Cloth

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $9,350,313,375 (2017)
GDP Growth Rate (annual %) -8% (2017)
GDP Per Capita, PPP (current international) $7,213 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 155/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) -1.221% (2016)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 11.2% (2017)
Real Interest Rate (5 year average %) -11.072% (2017)
Manufacturing, value added (% of GDP) 0.718% (2016)
Current Account Balance (BoP, current US$) ($339,080,240) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 283,478 (2017)
Employment in Agriculture (% of total employment) 24.998% (2017)
Employment in Industry (% of total employment) 15.209% (2017)
Employment in Services (% of total employment) 59.793% (2017)
Unemployment Rate 3.431% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $932,600,000 (2016)
Exports of goods and services (current US$) $57,600,000 (2016)
Total Merchandise Trade (% of GDP) 31.735% (2016)
FDI, net inflows (BoP, current US$) $6,715,937 (2017)
Commercial Service Exports (current US$) $61,712,800 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Timor-Leste’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank