East Timor FlagEast Timor

Unity, Action, Progress

 

General


Population: 1,201,542 (2014), 1,172,390 (2013)
Land Area: 15,007 sq km
Natural Resources: Gold, petroleum, natural gas, manganese, marble
Capital: Dili
Political System: Republic
State Leader: Taur Matan Ruak (May 20th 2012)
Head of Government: Xanana Gusmao (August 8th 2007)
Languages: Tetum, Portuguese, Indonesian, English
Currency: US Dollar (USD)
Major Religions: Roman Catholic 98%, Muslim 1%, Protestant 1%
Major Ethnicities: Austronesian, Papuan, Chinese
Life Expectancy: 67.39 years (2014), 67.06 years (2013)

Economy


GDP Official Exchange Rate: 6.129 billion (2013), 4.173 billion (2012)
GDP Purchasing Power Parity: 25.41 billion (2013), 11.23 billion (2012)
GDP Per Capita (PPP): 21,400 (2013), 10,000 (2012)
GDP Growth Rate: 8.1% (2013), 10% (2012)
GDP Structure: Agriculture 2.6%, Industry 81.6%, Services 15.8% (2013)
Labour Force By Occupation: Agriculture 64%, Industry 10%, Services 26% (2010)
Industries: Printing, soap manufacturing, handicrafts, woven cloth
Agriculture Products: Coffee, rice, corn, cassava, sweet potatoes, soybeans, cabbage, mangoes, bananas, vanilla
Human Development Index: 0.620 (128th)(2014), 0.576 (134th)(2013)
Tourism Revenue: NA
Unemployment Rate: 18.4% (2010)

MilitaryEast Timor Map


Army Size: 1 250 (2004)
Budget: NA

Current Situation

 

East Timor is located in Southeast Asia, East Timor is bordered by Indonesia. East Timor declared independence in 1975, but was invaded by Indonesia, in 2002 it obtained its full independence and became the first new sovereign state of the twenty-first century. East Timor is a lower-middle income economy, and has the lowest score on the Human Development Index in Asia.

(2013) East Timor's economy has been growing steadily due to new wealth generated from oil and gas production, this new revenue is helping the government improve basic infrastructure and reduce poverty.

(2014) East Timor's economy continues to grow at an exceptional rate in large part due to the wealth generated by the exploitation of oil resources which accounts for nearly all of the government's revenues. Major investments are still required in every aspect in order to lift the population out of poverty.

Thoughts & Comments

 

Sources

CIA World Factbook: East Timor
Wikipedia: East Timor
http://hdrstats.undp.org/en/countries/profiles/TLS.html

Updated on: August 23rd, 2014