
Digital Imperative: Q&A With IBM's Likhit Wagle
Likhit Wagle, general manager of Global Banking & Financial Markets at IBM, speaks to Global Finance about the industry urgency to digitize and counter the threat from Big Tech.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Timor-Leste economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Timor-Leste best banks and safest banks are also available.
Central and Eastern Europe Composed of 14 countries: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Estonia, Hungary, Latvia, Lithuania, Former Yugoslav Republic of Macedonia, Montenegro, Poland, Romania, Serbia and Turkey. Commonwealth of Independent States Composed of 11 CIS countries: Armenia, ...
USD 0.7 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
USD 3.1 billion (2018, estimate)
Intl$ 6.7 billion (2018, estimate)
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
9.8% | 11.4% | 9.9% | 8.5% | 7.7% | 5.5% | 2.5% |
2014 | 2015 | 2016* | 2017* | 2018* | ||
4.1% | 4% | 5.3% | -4.6% | 0.8% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
N/A | N/A | 0.00% | 0.01% | 0.005% |
*Estimate
(2017 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
0.6% | -1.5% | 0.5% | 2.3% | 2.5% |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
1.5% | 3.1% | 4.3% | 6.1% | N/A |
*Estimate
2015 | 2016 | 2017* | 2018* | 2019* |
-17.1% | -35.3% | -20.9% | -15.2% | -24.3% |
*Estimate
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
-7.0 % (2018 estimate)
61.1% (2017)
0.0002% (2018)
0.004% (2018)
Food, gasoline, kerosene, machinery
2016 | 2017 | 2018 |
USD 5.5 million | USD 6.7 million | USD 47.9 million |
2016 | 2017 | 2018 |
USD 13 million | N/A | N/A |
2015 | 2016 | 2017 | 2018 |
N/A | N/A | N/A | N/A |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
181 out of 190 countries
Subcategories:
Starting a Business: 68 out of 190 countries
Dealing with Construction Permits: 159 out of 190 countries
Getting Electricity: 126 out of 190 countries
Registering Property: 187 out of 190 countries
Getting Credit: 173 out of 190 countries
Protecting Minority Investors: 157 out of 190 countries
Paying Taxes: 136 out of 190 countries
Trading across Borders: 107 out of 190 countries
Enforcing Contracts: 190 out of 190 countries
Resolving Insolvency: 168 out of 190 countries
Ranking: 172 / Score: 44.2 (Repressed)
(100=totally free 0=totally repressed)
Tetum (official), Portuguese (official), Indonesian, English
Note: there are about 16 indigenous languages; Tetum, Galole, Mambae, and Kemak are spoken by a significant portion of the population
Roman Catholic 96.9%, Protestant/Evangelical 2.2%, Muslim 0.3%, other 0.6% (2005)
1990 | 2000 | 2010 | 2016* | 2021* |
N/A | 0.897 million | 1.066 million | 1.188 million | 1.299 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
10% | 17% | 24% | 33% |
Total population: 67.5%
Male: 71.5%
Female: 63.4% (2015 est.)
(age 15 and over can read and write)
Political Rights: 3
Civil Liberties: 3 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 0.23% Mobile 117.40% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)