East Timor

East Timor : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$689 million (2011 est.)
$439.1 million (2010 est.)

Exports

$18 million (2011 est.)
$17.8 million (2010 est.)
note: excludes oil

Inflation rate (consumer prices)

12.3% (2011 est.)
6.8% (2010 est.)

Unemployment rate

18.4% (2010 est.)
20% (2006 est.)

GDP - per capita (PPP)

$8,800 (2011 est.)
$8,200 (2010 est.)
$7,600 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

8% (2010 est.)
7.5% (2009 est.)
12.8% (2008 est.)

Internet users

2,100 (2009)

Telephones - mobile cellular

600,600 (2009)

Population growth rate

1.957% (2012 est.)

Population

1,201,255
note: other estimates range as low as 800,000 (July 2012 est.)

Historical background

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.

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East Timor

Economic overview

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.

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