ter
of the black triangle

Economy East Timor

Economy - overview: In late 1999, about 70% of the economic
infrastructure of East Timor was laid waste by Indonesian troops and
anti-independence militias, and 260,000 people fled westward. Over the
next three years, however, 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. By mid-2002,
all but about 50,000 of the refugees had returned. The country faces
great challenges in continuing the rebuilding of infrastructure and the
strengthening of the infant civil administration. One promising long-term
project would be development of oil resources in nearby waters.

GDP: purchasing power parity - $415 million (2001 est.)

GDP - real growth rate: 18% (2001 est.)

GDP - per capita: purchasing power parity - $500 (2001 est.)

GDP - composition by sector: agriculture: 25.4% industry: 17.2% services:
57.4% (2001)

Population below poverty line: 42% (2002 est.)

Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%

Distribution of family income - Gini index: 38

Inflation rate (consumer prices): NA%

Labor force: NA

Labor force - by occupation: NA

Unemployment rate: 50% (including underemployment)

Budget: revenues: $NA expenditures: $NA

Industries: printing, soap manufacturing, handicrafts, woven cloth

Industrial production growth rate: 8.5%

Electricity - production: NA kWh

Electricity - production by source: fossil fuel: 100% hydro: 0% other:
0% nuclear: 0%

Electricity - consumption: NA kWh

Electricity - exports: 0 kWh

Electricity - imports: 0 kWh

Agriculture - products: coffee, rice, maize, cassava, sweet potatoes,
soybeans, cabbage, mangoes, bananas, vanilla

Exports: $8 million (2001 est.)

Exports - commodities: coffee, sandalwood, marble; note - the potential
for oil and vanilla exports

Exports - partners: NA

Imports: $237 million (2001 est.)

Imports - commodities: NA

Imports - partners: NA

Debt - external: $NA

Economic aid - recipient: $2.2 billion (1999-2002 est.)

Currency: US dollar (USD)

Currency code: USD

Fiscal year: 1 July - 30 June

Communications East Timor

Telephones - main lines in use: NA

Telephones - mobile cellular: NA

Telephone system: NA

Radio broadcast stations: AM NA, FM NA, shortwave NA

Radios