Timor-Leste

Continent

Asia

Capital

Dili

Population

1,506,909

Sub-Zones

General Information

Basic details about Timor-Leste

Population:: 1,506,909
Area:: 14,874 sq km
Currency:: the US dollar is used
Languages:: Tetun Prasa 30.6, Mambai 16.6, Makasai 10.5, Tetun Terik 6.1, Baikenu 5.9, Kemak 5.8, Bunak 5.5, Tokodede 4, Fataluku 3.5, Waima'a 1.8

Economic Overview

Key economic indicators for Timor-Leste

GDP:: $5.992 billion
GDP per Capita:: $4,300
GDP Growth:: -18.12%
Inflation:: 8.42%
Unemployment:: 1.52%
Public Debt:: 3.8% of GDP

Political System

Governance structure of Timor-Leste

Government Type:: semi-presidential republic
Head of State:: President José RAMOS-HORTA (since 20 May 2022)
Head of Government:: Prime Minister Kay Rala Xanana GUSMAO (since 1 July 2023)
Judiciary:: Court of Appeals (consists of the court president and NA judges)
Administrative Divisions:: 12 municipalities (municipios, singular municipio) and 1 special adminstrative region* (regiao administrativa especial); Aileu, Ainaro, Baucau, Bobonaro (Maliana), Covalima (Suai), Dili, Ermera (Gleno), Lautem (Lospalos), Liquica, Manatuto, Manufahi (Same), Oe-Cusse Ambeno* (Pante Macassar), Viqueque

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
EU Member:: No
Diplomatic Presence:: 4201 Connecticut Avenue NW, Suite 504, Washington, DC 20008

Major Alliances and Organizations

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

16.9% (2023 est.)

Industry

23.9% (2023 est.)

Services

61% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $701.808 million
Imports:: $1.204 billion

Major Trading Partners

China 46

Singapore 25

Japan 15

Indonesia 5

USA 3

Economic Outlook

Timor-Leste has a -18.12% GDP growth rate with 8.42% inflation. The economy is characterized by a strong agriculture sector.