Economy of East Timor

The economy of East Timor is a low-income economy as ranked by the World Bank. It is placed 133rd on the Human Development Index, indicating a medium level of human development. 20% of the population is unemployed, and 52.9% live on less than $1.25 a day. About half of the population is illiterate. East Timor continues to suffer the after-effects of a decades-long independence struggle against Indonesia, which damaged infrastructure and displaced thousands of civilians.

Economy of East Timor

The economy of East Timor is a low-income economy as ranked by the World Bank. It is placed 133rd on the Human Development Index, indicating a medium level of human development. 20% of the population is unemployed, and 52.9% live on less than $1.25 a day. About half of the population is illiterate. East Timor continues to suffer the after-effects of a decades-long independence struggle against Indonesia, which damaged infrastructure and displaced thousands of civilians.