TIMOR-LESTE

Fact sheets are updated biannually; August and February

General information
Capital: Dili Head of State
Land area: 14,870 sq km President HE Dr Francisco Guterres Lú Olo
Official language(s): Portuguese, Tetum Head of Government
Population: 1.3 million (2019) Prime Minister HE Mr Jose Maria 'Taur Matan Ruak' Vasconcelos
Currency: United States dollar

Economic indicators (a) 2015 2016 2017 2018 2019 2020

GDP (US$b) (current prices) 1.6 1.7 1.6 1.6 1.6 1.9
GDP per capita (US$) 1,334.7 1,358.2 1,294.7 1,237.1 1,252.4 1,456.0
GDP PPP (Int'l $b) 3.5 3.8 3.9 4.0 4.2 5.3
GDP per capita PPP (Int'l $) 2,916.8 3,140.9 3,165.8 3,153.8 3,245.3 4,031.5
Real GDP growth (% change yoy) 3.1 3.6 -3.8 -0.8 3.1 -6.8
Current account balance (US$b) 0.2 -0.5 -0.3 -0.2 0.1 -0.3
Current account balance (% GDP) 12.8 -32.9 -21.1 -12.2 8.2 -13.7
Inflation (% change yoy) 0.6 -1.5 0.5 2.3 0.9 0.9
Unemployment (% labour force) na na na na na na

Australia's trade and investment relationship with Timor-Leste (b)

Australian merchandise trade with Timor-Leste, 2019-20 (A$000) Total share Rank Growth (yoy)
Exports to Timor-Leste 71,817 0.0% 65th 308.9%
Imports from Timor-Leste 1,259 0.0% 149th -47.3%
Total merchandise trade (exports + imports) 73,076 0.0% 95th 266.3%

Major Australian exports, 2019-20 (A$000) Major Australian imports, 2019-20 (A$000)
Civil engineering equipment & parts 23,043 Coffee & substitutes 1,063
Aircraft, spacecraft & parts 18,242 Clothing accessories, nes 46
Passenger motor vehicles 5,509 Iron, steel, aluminium structures 23
Trailers, semi-trailers & containers 4,009 Furniture, mattresses & cushions 18
Australia's trade in services with Timor-Leste, 2019-20 (A$m) Total share Rank Growth (yoy)
Exports of services to Timor-Leste 49 0.1% 71st 6.5%
Imports of services from Timor-Leste 144 0.2% 48th 25.2%

Australia's investment relationship with Timor-Leste, 2019 (A$m) Total FDI

Australia's investment in Timor-Leste np np
Timor-Leste's investment in Australia 14 0
Timor-Leste's global merchandise trade relationships
Timor-Leste's principal export destinations, 2018 Timor-Leste's principal import sources, 2018
1 Indonesia 49.4% 1 China 22.2%
2 United States 15.7% 2 Singapore 17.7%
3 China 11.5% 3 Hong Kong 14.9%
6 Australia 1.7% 8 Australia 2.5%

Compiled by the Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources
(a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable.
(b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December.
All data may be subject to future revisions.
GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures
ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified