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 4.00
percent
5.75 5.3 5.82 5.85 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
3.6 4 3.65 3.7 7
Population 1.30
Million
1.31 1.32 1.33 1.33 1.38
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.50
percent
1.9 2.1 2.5 2.2 4
Inflation Rate Mom 0.70
percent
0.57 0.2 0.57 0.57 0.2
Food Inflation 1.90
percent
1.5 1.5 1.8 1.74 3.2
Consumer Price Index Cpi 106.50
Index Points
105 107 106 108 114
Core Consumer Prices 106.80
Index Points
108 109 110 111 117
Core Inflation Rate 2.60
percent
3.74 3.84 3.84 3.84 3.83
CPI Housing Utilities 102.30
Index Points
103 104 105 105 112
CPI Transportation 90.90
Index Points
90.18 90.66 92.56 92.36 97.12
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Deposit Interest Rate 1.40
percent
0.8 0.8 0.8 0.8 0.8
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -43838.10
USD Thousand
-44915 -44918 -44907 -44911 -44910
Exports 1478.52
USD Thousand
5938 5915 5933 5930 5930
Imports 45316.62
USD Thousand
50852 50841 50840 50840 50840
Current Account -283.50
USD Million
-287 -119 -113 -108 -93.74
Current Account to GDP -16.10
percent
-28 -28 -15 -15 -10
Terrorism Index 0.00
0 0 0 0 0.46
Tourist Arrivals 16177.00
17500 17000 16900 16900 16900
Crude Oil Production 35.00
BBL/D/1K
35.69 35.72 35.71 35.71 35.71
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Budget -29.00
percent of GDP
-16.8 -15 -8.6 -11.62 -5
Military Expenditure 25.19
USD Million
31.52 32.71 31.23 29.75 34.6
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Ease Of Doing Business 178.00
175 175 175 175 173
Competitiveness Index 3.17
Points
3.2 3.2 3.2 3.2 3.21
Competitiveness Rank 136.00
137 137 137 136 136
Corruption Index 38.00
Points
36 37 37 37 37
Corruption Rank 91.00
107 106 109 112 126