Economic Indicators
| 2019(a) | 2020(a) | 2021(b) | 2022(c) | |
| Population (million) | 1.3 | 1.3 | 1.3 | – |
| GDP (US$ billion) | 2.0 | 1.9 | 2.0 | – |
| Real GDP growth rate (%) | 19.5 | 10.4 | 4.0 | 4.5 |
| Total exports (US$ million) | 26.0 | 17.4 | – | – |
| Total imports (US$ million) | -592.5 | -527.4 | – | – |
| Consumer Price Index (%) | 1.0 | 0.5 | 3.5 | 2.1 |
| Current account balance (US$ million) | 134.0 | -356.7 | – | – |
| Exchange Rate | US dollar is used; also issued Centavo the nation coin, with 1:1 with US dollar | |||
Remarks: (a) actual value; (b) estimated value of Economist Intelligence Unit (EIU); (c) predicted value of Economist Intelligence Unit (EIU).
Source: Country Report Q4 2021 (Timor-Leste) by the British Economist Intelligence Unit
Main export and import goods destinations
| Main export destinations (2020) | Proportion in total value of exports goods (%) |
| Japan | 27.0 |
| Malaysia | 20.9 |
| Singapore | 18.3 |
| Thailand | 10.5 |
| Others | 23.3 |
| Main source of import (2020) | Proportion in total value of imports goods (%) |
| Indonesia | 37.4 |
| China | 15.7 |
| Singapore | 10.4 |
| Hong Kong (China) | 7.8 |
| Others | 28.7 |
Source: Statistics Timor-Leste
Main export and import goods
| Major export goods (2020) | Proportion in total value of exports goods (%) |
| Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 80.5 |
| Coffee, tea, mate and spices | 12.9 |
| Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder | 1.6 |
| Others | 5.0 |
| Major import goods (2020) | Proportion in total value of imports goods (%) |
| Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 12.4 |
| Vehicles other than railway or tramway rolling-stock and parts and accessories thereof | 8.3 |
| Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 7.2 |
| Steel product | 6.0 |
| Others | 66.1 |
Source: International Trade Center (ITC)
Statistics on Trade in Services
| Main Exports Services (2020) | Proportion in total value of exports services (%) |
| Tourism | 55.9 |
| Government procurement on goods and services | 27.2 |
| Transportation | 15.1 |
| Other | 1.8 |
| Main Imports Services (2020) | Proportion in total value of imports services (%) |
| Government procurement on goods and services | 34.6 |
| Transportation | 17.5 |
| Construction | 17.5 |
| Other | 30.4 |
Remarks：The above content is the estimated data of UNCTAD, WTO and ITC.
Source: International Trade Centre
Statistics on the trade in Goods between Mainland China and Timor-Leste (US$ 10,000)
| Year | Total trade | Total exports value * | Total imports value ** |
| 2020 | 19,162.7 | 19,041.7 | 121.1 |
| 2019 | 16,751.0 | 14,294.6 | 2,456.4 |
| 2018 | 13,550.3 | 13,248.9 | 301.4 |
| 2017 | 13,395.6 | 13,259.7 | 135.9 |
| 2016 | 16,448.5 | 16,419.4 | 29.2 |
Remarks: * Value of goods exported to Timor-Leste from Mainland China; **Value of goods imported from Timor-Leste to Mainland China
Source of Data: General Administration of Customs of the People’s Republic of China
Statistics on the trade between Macao and Timor-Leste (US$) (1 USD»8 MOP)
| Year | Total trade | Total exports value* | Total imports value ** |
| 2020 | 219,383.9 | – | 219,383.9 |
| 2019 | – | – | – |
| 2018 | 20,356.5 | 20,356.5 | – |
| 2017 | – | – | – |
| 2016 | – | – | – |
Remarks: * Value of goods exported to Timor-Leste from Macao; **Value of goods imported from Timor-Leste to Macao.
Source: Statistics and Census Service (DSEC), Macao SAR Government
Source:
- Country (region) guide for foreign investment co-operation (Timor-Leste)by the Ministry of Commerce the People’s Republic of China
- “2020 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China
- General Administration of Customs of the People’s Republic of China
- SinoMaps Press
- Statistics and Census Service (DSEC), Macao SAR Government
- Statistics Timor-Leste
- International Trade Center (ITC)
- Country Report Q4 2021 (Timor-Leste) by the British Economist Intelligence Unit
- 2021 World Investment Report by the UNCTAD
Updated in October 2021.
