Other Information
Other Information
Prices
Annual Average Rate of Change of the Consumer Price Index (IPC), 2009 to 2019
| Year | Total | Total (except housing price) |
| 2019 | 0.9 | 1.4 |
| 2018 | 2.3 | 2.6 |
| 2017 | 0.6 | 0.6 |
| 2016 | -1.3 | -1.7 |
| 2015 | -0.6 | -0.8 |
| 2014 | 2.1 | 0.7 |
| 2013 | 4.0 | 4.2 |
| 2012 | 11.8 | 12.2 |
| 2011 | 15.5 | 14.2 |
| 2010 | 6.8 | 7.1 |
| 2009 | 0.7 | 0.3 |
Source: Directorate General of Statistics – Dili in Numbers 2019
Labour
With one of the lowest minimum wage rates in the world (US $115/month), Timor-Leste presents an attractive business environment for any investor looking to employ local workers. Timor-Leste has nearly 300,000 people active in the workforce (mainly agriculture), which is expected to increase over the next few years.
The country has an established labour code with clear guidelines for employers and the following labour laws apply:
| Fixed Term Contracts | Max 3 years |
| Probationary Periods | Contract (Max 8-15 days) and Permanent (1-3 months) |
| Work Time | Max 8 hours/week or 44 days/week. Overtime rates apply |
| Annual Leave | Min 12 days/year + 3 days special leave (bereavement etc.) |
| National Holidays | 17/calendar year |
| Remuneration | Fixed or variable (performance) paid by cash, cheque, bank transfer |
| Employment Termination | 30 days notice |
| Parenthood Leave | Min 12 weeks (female), 5 days (male) |
| Minimum Work Age | 15 years |
| Medical Tests | Requires written consent of job applicant or employee |
| Foreign Workers | Any citizen who is not a Timorese national but work/lives in Timor |
Source: TradeInvest Timor-Leste, Labour