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  1. More Images

    Economy of Timor-Leste

    Economy of the country

    The economy of Timor-Leste is a low-income economy as ranked by the World Bank. It is placed 140th on the Human Development Index, indicating a medium level of human development. 20% of the population is unemployed, and 52.9% live on less than $1.25 a day. About half of the population is illiterate. At 27%, Timor-Leste's urbanisation rate is one of the lowest in the world. In 2007, a bad harvest caused a "major food crisis" in Timor-Leste. By November, eleven sub-districts still needed food supplied by international aid. According to data gathered in the 2010 census, 87.7% of urban and 18.9% of rural households have electricity, for an overall average of 36.7%. Wikipedia

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  2. en.wikipedia.org

    The economy of Timor-Leste is a low-income economy as ranked by the World Bank. [15] It is placed 140th on the Human Development Index, indicating a medium level of human development. [16] 20% of the population is unemployed, [1] and 52.9% live on less than $1.25 a day. [16]About half of the population is illiterate. [16] At 27%, Timor-Leste's urbanisation rate is one of the lowest in the world.
  3. worldbank.org

    Feb 27, 2024DILI, February 27, 2024—Timor-Leste's economic growth is forecast to accelerate to an average of 4.1% in 2024 and 2025 as easing inflation pressures and a stable fiscal outlook contribute to growth, according to the World Bank's semi-annual Timor-Leste Economic Report.. The government's focus on capital expenditure and infrastructure investment, increasing the budget from 18.4% of GDP in ...
    • Timor-Leste Economic Reports

      A second wave of COVID-19 infections is a key external risk to the outlook, while political instability remains the main internal risk. Strengthening health preparedness and building a durable political consensus are important preconditions for a robust and sustained economic recovery. April 2020 Timor-Leste Economic Report: A Nation Under Pressure

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  5. worldbank.org

    A second wave of COVID-19 infections is a key external risk to the outlook, while political instability remains the main internal risk. Strengthening health preparedness and building a durable political consensus are important preconditions for a robust and sustained economic recovery. April 2020 Timor-Leste Economic Report: A Nation Under Pressure
  6. thedocs.worldbank.org

    The Timor-Leste Economic Report (TLER) is a bi-annual World Bank report that assesses recent macroeconomic developments, outlook, and risks, as well as specific development challenges for the Timorese economy. In doing so, the TLER aims to inform the public policy debate and is geared towards a wide audience, including the general public, the ...
  7. worldbank.org

    The World Bank In Timor-Leste . Timor-Leste has made great strides in securing lasting peace and stability. The nation continues to face challenges, with economic growth reliant on government spending and revenues from natural resources. The country's key challenge is to translate this financial wealth into sustained prosperity.
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  9. TIMOR-LESTE This chapter was written by Kavita Iyengar of the Timor-Leste Resident Mission (TLRM), ADB, Dili, and Anthony Baluga, TLRM consultant. Economic Performance The economy grew by an estimated 3.2% in 2022. A presidential election in the first quarter of 2022 instilled confidence that the economy would return to normal.
  10. The latest available economic data for Timor-Leste compared to countries in Southeast Asia. More resources. Asian Development Bank and Timor-Leste: Fact Sheet. The Fact Sheets summarize ADB's partnerships with member economies, providing key facts and figures and an overview of activities and future directions.
  11. data.worldbank.org

    Timor-Leste from The World Bank: Data. Free and open access to global development data. Data. ... Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. ...
  12. data.worldbank.org

    Data for Timor-Leste, East Asia & Pacific from The World Bank: Data. Free and open access to global development data. Data. ... Economic. Indicator. Most recent value. Trend. GDP (current US$) GDP (current US$) Most recent value (2022 billion) Timor-Leste 3.2. East Asia & Pac ...
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