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 Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 5.00
percent
5.3 5.3 5.92 5.3 5.9
GDP 1.44
USD Billion
1.47 1.45 1.42 1.5 1.7
GDP per capita 986.70
USD
971 973 974 976 842
GDP per capita PPP 2151.10
USD
2118 2121 2124 2127 1836
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.00
percent
4 4 4.45 4 7
Population 1.27
Million
1.27 1.28 1.28 1.29 1.34
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 0.80
percent
1.8 2.6 3.3 3.6 4
Inflation Rate Mom 0.50
percent
0.27 0.13 0.1 0.2 0.2
Food Inflation 0.80
percent
1.5 1.6 1.5 1.5 3.2
Consumer Price Index Cpi 104.50
Index Points
105 104 104 104 104
Core Consumer Prices 104.70
Index Points
105 105 104 104 104
Core Inflation Rate 0.70
percent
0.85 1.2 1.62 2 2.15
CPI Housing Utilities 102.10
Index Points
102 102 102 102 102
CPI Transportation 88.80
Index Points
89.06 89.37 89.68 89.97 92.25
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Deposit Interest Rate 0.80
percent
0.78 0.78 0.78 0.77 0.81
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -58740.07
USD Thousand
-44873 -38785 -36210 -34985 -33685
Exports 1161.59
USD Thousand
6155 5652 5703 5700 5699
Imports 59901.65
USD Thousand
48520 43941 42000 41134 40379
Current Account -523.00
USD Million
-6.39 -88.62 -171 -253 2325
Current Account to GDP -40.80
percent
-28 -28 -8.45 -28 -10
Terrorism Index 0.00
0.17 0.16 0.16 0.15 0.46
Tourist Arrivals 20556.00
17000 16200 16500 16500 15900
Crude Oil Production 48.00
BBL/D/1K
52.71 53.54 54.31 55.02 60.5
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Budget -29.00
percent of GDP
-39.26 -28.03 -16.8 -5.57 9.39
Military Expenditure 25.80
USD Million
33.96 33.84 33.72 33.6 37.57
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Ease Of Doing Business 178.00
174 175 175 175 173
Competitiveness Index 3.17
Points
3.21 3.21 3.2 3.2 3.21
Competitiveness Rank 136.00
137 139 140 141 135
Corruption Index 35.00
Points
29 30 30 31 28
Corruption Rank 101.00
124 124 123 122 128