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) $4,000,349,657 (2018)
GDP Growth Rate (annual %) -0.78% (2018)
GDP Per Capita, PPP (current international) $3,155 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 169/196 (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 %) 2.636% (2018)
External debt stocks, total (DOD, current US$) $158,056,457 (2018)
Total tax rate (% of commercial profits) 17.3% (2019)
Real Interest Rate (5 year average %) 15.518% (2018)
Manufacturing, value added (% of GDP) 1.678% (2018)
Current Account Balance (BoP, current US$) $133,979,915 (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 545,438 (2019)
Employment in Agriculture (% of total employment) 44.482% (2019)
Employment in Industry (% of total employment) 9.666% (2019)
Employment in Services (% of total employment) 45.852% (2019)
Unemployment Rate 4.548% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $945,341,851 (2018)
Exports of goods and services (current US$) $42,986,086 (2018)
Total Merchandise Trade (% of GDP) 36.019% (2018)
FDI, net inflows (BoP, current US$) $74,580,323 (2019)
Commercial Service Exports (current US$) $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