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) $9,710,681,139 (2018)
GDP Growth Rate (annual %) 2.814% (2018)
GDP Per Capita, PPP (current international) $7,658 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 155/196 (2018)

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 %) 0.557% (2017)
External debt stocks, total (DOD, current US$) $158,056,457 (2018)
Total tax rate (% of commercial profits) 17.3% (2019)
Real Interest Rate (5 year average %) 12.413% (2018)
Manufacturing, value added (% of GDP) 0.998% (2017)
Current Account Balance (BoP, current US$) ($191,147,185) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 314,523 (2019)
Employment in Agriculture (% of total employment) 49.94% (2019)
Employment in Industry (% of total employment) 9.407% (2019)
Employment in Services (% of total employment) 40.653% (2019)
Unemployment Rate 3.008% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $1,490,279,600 (2017)
Exports of goods and services (current US$) $1,519,433,100 (2017)
Total Merchandise Trade (% of GDP) 23.712% (2018)
FDI, net inflows (BoP, current US$) $47,926,000 (2018)
Commercial Service Exports (current US$) $81,604,422 (2018)
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


  1. The World Bank