Economic Statistics

Economic Statistics, 2020

Item	2014	2015	2016	2017	2018	2019	2020	2021	Source
POPULATION
Total Population (in million)	1.212	1.183	1.221	1.214	1.261	1.293	1.299	1.328	NSD
Population annual average growth rate, (in %)	2.4	-2.4	3.2	1.6	1.6	2.5	0.5	2.2	NSD
OUTPUT AND PRICES
GDP, Oil and non-oil at current prices(in million US Dollars)	1,447	1,594	1,651	1,616	1,548	2,048	1.902		NSD
GDP, non-oil, at constant prices ( in million US Dollars)	1,552	1,594	1,648	1,598	1,587	1,897	2.093		NSD
Growth rate of non- oil GDP at constant prices (in %)	4.5	2.8	3.4	-3.1	-0.7	2.1	-8.6		NSD
GDP per capita current prices (in million US Dollars)	1,232	1,333	1,354	1,299	1,249	1,584	1,443		NSD
GDP per capita constant prices (in million US Dollars)	1,321	1,333	1,352	1,285	1,251	1,467	1,588		NSD
Consumer Price Index (Base year 2018=100)	98.1	97.5	97.5	98.1	100.2	101.5	102.5	108.3	NSD
Price indexes annual change, % (Dec-Dec)	-0.1	-0.6	0.1	0.6	2.1	0.9	1.0	5.7	NSD
MONEY AND BANKING
Money Supply (M1) (in million US Dollars)	342.9	397.7	464.3	465	525.4	432	496	619	BCTL
Money Supply (M2) (in million US Dollars)	599.8	642.4	734.0	823	848.6	788	869	1119	BCTL
Money supply (M1) annual change, %(Dec-Dec)	32	16	17	0.1	13.02	-18	15	25	BCTL
Money supply (M2) annual change, %(Dec-Dec)	20	7	14	12.1	3.1	-7	10	29	BCTL
INTEREST RATE (in % weighted averages)
Demands Deposits	0.54	0.54	0.54	0.06	0.07	0.06	0.07	0.10	BCTL
Savings Deposits	0.75	0.75	0.75	0.27	0.48	0.47	0.46	0.48	BCTL
Time: 6 months	1.24	1.15	1.14	0.66	0.66	0.66	0.66	0.69	BCTL
12 months	1.31	1.25	1.25	0.71	0.67	0.66	0.64	0.64	BCTL
Bank Lending + LIBOR	13.11	13.88	14.46	12.1	11.94	11.98	11.28	11.03	BCTL
GENERAL BUDGET OF GOVERNMENT
Total Domestic Revenues (Million US Dollar)	168	170	197	187	190	187	182.07	161	MoF
Total Expenditure  (in Billions US Dollar)	1,339	1,312	1,599	1,185	1,156	1,194	1,356	1.442	MoF
Finance :
Petroleum Fund (in Millions US Dollar)	0,732	1,279	1,245	1,079	0.982	0.969	0.866	1.148	BCTL
Exports and Import, fob (in Millions US Dollar)
Exports	14	16	18	15	22	24	16	31	NSD
Imports	553	579.7	443	554	520	535	497	588	NSD
Trade balance	-539	-563.7	-425	-539	-498	-511	-481	-556	NSD
BALANCE OF PAYMENTS (in Million US dollars)
Current account	1	203	-545	-284	-191	80	-57	1003	BCTL
Capital account	14	29	47	34	52	26	12	13	BCTL
Financial account	-1,378	32	485	499	249	-116	272	194	BCTL
Errors and omissions	105	-45	-145	14	20	-8	-227	932	BCTL
Overall balance	-376	219	-157	249	129.5	-18	243	278	BCTL

Explanatory Notes:
1. Pupulation: National Statistics Department
2. Output and prices: National Statistics Department (National Account,2020)
3. Monetary Agregate: Central Bank of Timor-Leste
4. Balance of Payments refer to BPM6 : Central Bank of Timor-Leste
5. General budget of government of finance: Minsitry of Finance (Mof),Budget Books 1, 2018,2019,2020,2021
6. General budget of government of finance from petroleum fund refer to BCTL transfer to government budget
7. *The amount import exclude USD notes.