Imports$689 million (2011 est.)
Exports$18 million (2011 est.)
Inflation rate (consumer prices)12.3% (2011 est.)
Unemployment rate18.4% (2010 est.)
GDP - per capita (PPP)$8,800 (2011 est.)
National product real growth rate8% (2010 est.)
Internet users2,100 (2009)
Telephones - mobile cellular600,600 (2009)
Population growth rate1.957% (2012 est.)
The Portuguese began to trade with the island of Timor in the early 16th century and colonized it in mid-century.
Skirmishing with the Dutch in the region eventually resulted in an 1859 treaty in which Portugal ceded the western portion of the island.
Imperial Japan occupied Portuguese Timor from 1942 to 1945, but Portugal resumed colonial authority after the Japanese defeat in World War II....
In late 1999, about 70% of the economic infrastructure of Timor-Leste was laid waste by Indonesian troops and anti-independence militias.
Three hundred thousand people fled westward.
Over the next three years a massive international program, manned by 5,000 peacekeepers (8,000 at peak) and 1,300 police officers, led to substantial reconstruction in both urban and rural areas....
Growth is forecast to ease to 8% this year and 6-7% in 2014 as the new government gradually tightens the budget to bring it within oil-fund revenues. Targeted spending is down 8.8% to US$1.6bn in 2013; ...
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