East Timor | Economic Forecasts | 2017-2020 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 Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 4.30 5.1 5.1 5.3 5.3 5.9 percent [+]
GDP 1.44 1.42 1.4 1.4 1.39 1.7 USD Billion [+]
GDP per capita 986.70 1012 1015 1021 1027 1128 USD [+]
GDP per capita PPP 2151.10 2207 2214 2226 2239 2459 USD [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 4.00 5 5 4 4 7 percent [+]
Population 1.27 1.28 1.29 1.3 1.3 1.34 Million [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 0.70 1.3 2 2.7 2.9 3.5 percent [+]
Inflation Rate Mom -0.40 0.03 0.1 0.1 0.1 0.2 percent [+]
Food Inflation 1.00 1.89 1.9 2.15 2.19 3.2 percent [+]
Consumer Price Index Cpi 103.50 104 104 104 104 104 Index Points [+]
Core Consumer Prices 104.30 104 104 104 104 104 Index Points [+]
Core Inflation Rate 1.20 1.28 1.37 1.38 1.38 1.37 percent [+]
CPI Housing Utilities 101.30 101 101 101 101 101 Index Points [+]
CPI Transportation 88.90 88.97 88.95 88.97 88.97 88.97 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Deposit Interest Rate 0.80 0.8 0.8 0.8 0.8 0.8 percent [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -42654.39 -37356 -37154 -37182 -37178 -37178 USD Thousand [+]
Exports 1323.30 7150 7230 7255 7247 7249 USD Thousand [+]
Imports 45162.88 57150 57111 57109 57109 57109 USD Thousand [+]
Current Account -523.00 -476 -638 -638 -638 -626 USD Million [+]
Current Account to GDP -40.80 -35 -35 -28 -28 -10 percent [+]
Terrorism Index 0.00 -0.14 -0.13 -0.15 -0.17 0.46 [+]
Tourist Arrivals 21307.00 16000 15300 16300 15900 15700 [+]
Crude Oil Production 48.00 48.91 48.93 48.93 48.93 48.93 BBL/D/1K [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Budget -76.10 -17.57 -13.42 -10.44 -7.45 -1.96 percent of GDP [+]
Military Expenditure 25.80 28.1 28.07 29.86 31.65 33.25 USD Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Ease Of Doing Business 175.00 171 171 171 172 172 [+]
Competitiveness Index 3.17 3.2 3.2 3.2 3.2 3.21 Points [+]
Competitiveness Rank 136.00 140 141 140 139 133 [+]
Corruption Index 35.00 32 33 33 32 32 Points [+]
Corruption Rank 101.00 119 117 118 120 126 [+]