This page has economic forecasts for East Timor including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the East Timor economy.


GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate -0.50
percent		 2.8 5.7 5.7 5.7 4.8
GDP 2.95
USD Billion		 3.07 3.2 3.2 3.2 3.4
GDP per capita 2672.10
USD		 2685 2699 2699 2699 2750
GDP per capita PPP 6570.10
USD		 6582 6594 6594 6594 6250
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 3.40
percent		 3.5 3.5 3.5 3.5 3.4
Population 1.30
Million		 1.32 1.34 1.34 1.34 1.35
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 2.90
percent		 2.1 2.3 2.5 2.8 4
Inflation Rate Mom 0.10
percent		 0.2 0.3 0.4 0.2 0.2
Food Inflation 2.10
percent		 1.5 1.6 1.8 1.7 2.2
Consumer Price Index Cpi 106.50
Index Points		 107 108 109 109 114
Core Consumer Prices 106.60
Index Points		 107 109 109 109 112
Core Inflation Rate 2.60
percent		 2.6 2.7 2.5 2.2 1.8
CPI Housing Utilities 102.70
Index Points		 104 105 105 106 112
CPI Transportation 92.60
Index Points		 90.66 92.38 93.89 95.19 97.12
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Deposit Interest Rate 1.40
percent		 1.4 1.4 1.4 1.4 1.4
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -49837.51
USD Thousand		 -46090 -45892 -45712 -46201 -46722
Exports 3294.50
USD Thousand		 710 2008 2788 2999 5778
Imports 53132.01
USD Thousand		 46800 47900 48500 49200 52500
Current Account -283.50
USD Million		 -638 -750 -750 -750 -811
Current Account to GDP -16.10
percent		 -2.5 -3.7 -3.7 -3.7 -15
Terrorism Index 0.00
 0 0 0 0 0
Tourist Arrivals 15636.00
 16500 16100 16800 16700 16200
Crude Oil Production 33.00
BBL/D/1K		 31 31 30 30 30
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Budget -29.00
percent of GDP		 -15 -12 -12 -12 -5
Military Expenditure 25.19
USD Million		 26.5 25.8 25.8 25.8 24.6
Government Budget Value -132483.00
USD Thousand		 -965822 -315858 -196624 -168321 -580853
Government Revenues 44237.00
USD Thousand		 129089 58921 71079 79548 84313
Fiscal Expenditure 176719.00
USD Thousand		 560032 561657 561555 561561 561561
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Ease Of Doing Business 178.00
 181 184 184 184 186
Electricity Production 113.40
Gigawatt-hour		 114 111 115 113 116
Car Registrations 296.00
 377 358 347 351 354
Competitiveness Index 3.17
Points		 3.67 3.67 3.67 3.67 6.17
Competitiveness Rank 136.00
 136 136 136 136 136
Corruption Index 38.00
Points		 38 38 38 38 38
Corruption Rank 91.00
 91 91 91 91 91
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Private Sector Credit 199165.00
USD Thousand		 206523 211899 216000 211680 219615



East Timor - Economic Forecasts - 2018-2020 Outlook