Timor-Leste

Timor-Leste's economy is smaller than any U.S. metro area, at 75% of Eagle Pass, TX. GDP of US$1.9 billion in 2025 is well short of its 2021 peak of US$3.6 billion, and the country held at 179th, unchanged, between San Marino and Sint Maarten.

Real growth reached +7.0% in 2025, but US$ GDP rose only +2.0%; the shortfall was mostly exchange-rate and price effects, not output. Services account for 71.6% of output and agriculture 20.2%, with industry at 11.8% and manufacturing at just 1.9%, all as of 2024. Inflation was 0.4%, unemployment 1.6% and government gross debt 13.3% of GDP.

With 1.4 million people, output per person is US$1,341, 170th of 196, and $4,809 international dollars on a purchasing-power basis, 164th. GDP has grown 5.2x since 2000, when it stood at US$367 million and ranked 182nd of 194. The IMF projects US$2.8 billion by 2030, a rise of +47% that would place Timor-Leste 171st among economies with forecasts.