East Timor - Economic Forecasts - 2018-2020 Outlook

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 Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate -0.50
percent		 2.8 2.8 5.7 5.7 5.9
GDP 2.95
USD Billion		 3.07 3.07 3.2 3.2 3.4
GDP per capita 2672.10
USD		 2685 2685 2699 2699 2750
GDP per capita PPP 6570.10
USD		 6582 6582 6594 6594 6250
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.40
percent		 3.5 3.5 3.5 3.5 3.4
Population 1.30
Million		 1.32 1.32 1.34 1.34 1.35
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.50
percent		 1.9 2.1 2.3 2.5 4
Inflation Rate Mom 0.10
percent		 0.1 0.2 0.3 0.4 0.2
Food Inflation 1.60
percent		 1.7 1.5 1.6 1.8 2.2
Consumer Price Index Cpi 106.50
Index Points		 105 107 108 109 114
Core Consumer Prices 106.80
Index Points		 106 107 109 109 112
Core Inflation Rate 2.40
percent		 2.5 2.6 2.7 2.5 1.8
CPI Housing Utilities 102.60
Index Points		 103 104 105 105 112
CPI Transportation 92.40
Index Points		 90.18 90.66 92.38 93.89 97.12
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Deposit Interest Rate 1.40
percent		 1.4 1.4 1.4 1.4 1.4
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -42383.74
USD Thousand		 -44891 -46090 -45892 -45712 -46722
Exports 4308.45
USD Thousand		 782 710 2008 2788 5778
Imports 46692.20
USD Thousand		 45673 46800 47900 48500 52500
Current Account -283.50
USD Million		 -638 -638 -750 -750 -811
Current Account to GDP -16.10
percent		 -23 -23 -28 -28 -15
Terrorism Index 0.00
 0 0 0 0 0
Tourist Arrivals 14888.00
 16800 16500 16100 16800 16300
Crude Oil Production 34.00
BBL/D/1K		 33 31 31 30 30
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Budget -29.00
percent of GDP		 -15 -15 -12 -12 -5
Military Expenditure 25.19
USD Million		 26.5 26.5 25.8 25.8 24.6
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Ease Of Doing Business 178.00
 181 181 184 184 186
Competitiveness Index 3.17
Points		 3.2 3.2 3.21 3.21 3.19
Competitiveness Rank 136.00
 137 137 136 136 135
Corruption Index 38.00
Points		 36 36 37 37 34
Corruption Rank 91.00
 90 90 94 94 91