Timor-Leste 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$2.08 billion
↓ 35.18% vs 2022GDP per Capita
$1,502.52
↓ 35.88% vs 2022GDP Growth (Annual %)
-18.12%
↑ 2.47pp vs 2022Inflation Rate (CPI %)
8.42%
↑ 1.42pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $3.21 billion | $2.08 billion | -35.18% |
| GDP per Capita | $2,343.25 | $1,502.52 | -35.88% |
| GDP Growth (Annual %) | -20.58% | -18.12% | +2.47pp |
| Inflation (CPI %) | 7.01% | 8.42% | +1.42pp |
| Unemployment Rate (%) | 1.54% | 1.52% | -0.02pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $2.08 billion
- GDP per Capita
- $1,502.52
- GDP Growth (Annual %)
- -18.12%
- Gross National Income
- $2.44 billion
Prices & Employment
- Inflation (CPI %)
- 8.42%
- Inflation (GDP Deflator %)
- -20.83%
- Unemployment Rate (%)
- 1.52%
- Interest Rate (Real %)
- 39.86%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.83%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Timor-Leste's Gross Domestic Product (GDP) is $2.08 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Timor-Leste for 2023 is $1,502.52. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Timor-Leste for 2023 is 8.42%. This measures the annual percentage change in the cost of consumer goods and services.
Timor-Leste's annual GDP growth rate for 2023 is -18.12%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Timor-Leste for 2023 is 1.52%. This represents the percentage of the labor force that is unemployed and actively seeking employment.