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 Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 4.30 5.1 5.1 5.1 5.3 5.9 percent [+]
GDP 1.44 1.43 1.42 1.4 1.4 1.7 USD Billion [+]
GDP per capita 983.50 989 993 998 997 1005 USD [+]
GDP per capita PPP 2253.17 2307 2314 2320 2334 2586 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 4.00 12 12 12 10 10 percent [+]
Population 1.24 1.25 1.25 1.26 1.27 1.34 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.50 1.3 1.3 2 2.7 3.5 percent [+]
Inflation Rate Mom 0.00 0.2 0.07 0.1 0.08 0.2 percent [+]
Cpi Housing Utilities 101.00 101 101 101 101 101 Index Points [+]
Food Inflation 0.90 0.8 1.22 1.9 1.3 3.2 percent [+]
Consumer Price Index Cpi 103.20 103 103 103 103 103 Index Points [+]
Core Consumer Prices 104.10 104 104 104 104 104 Index Points [+]
Core Inflation Rate 0.70 0.9 1.03 1.05 1.05 1.04 percent [+]
Cpi Transportation 88.60 88.78 88.83 88.84 88.84 88.84 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Deposit Interest Rate 0.80 0.8 0.8 0.8 0.8 0.8 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -40626.00 -34826 -34974 -34991 -34991 -34991 USD Thousand [+]
Exports 1253.00 7134 7134 7134 7134 7134 USD Thousand [+]
Imports 41879.00 59358 59341 59345 59345 59345 USD Thousand [+]
Current Account -523.00 -314 -476 -638 -638 -626 USD Million [+]
Current Account to GDP -40.80 -41 -54.96 -68.92 -72.05 -89.47 percent [+]
Terrorism Index 0.00 0.2 -0.14 -0.13 -0.15 0.46 [+]
Tourist Arrivals 16145.00 15339 16091 15413 15072 15405 [+]
Crude Oil Production 58.00 58.58 58.6 58.6 58.59 58.6 BBL/D/1K [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Budget -29.70 -21.71 -17.57 -13.42 -10.44 -1.96 percent of GDP [+]
Military Expenditure 36.60 35.11 31.83 28.54 28.91 32.76 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease Of Doing Business 175.00 171 171 171 171 172 [+]
Competitiveness Index 3.17 3.21 3.2 3.2 3.2 3.21 Points [+]
Competitiveness Rank 136.00 139 140 141 140 133 [+]
Corruption Index 35.00 30 32 33 33 32 Points [+]
Corruption Rank 101.00 121 119 117 118 126 [+]