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Economy of Afghanistan vs East Timor compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $1.87B for East Timor, ranking 137/197 and 181/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $249M (13.3% of GDP) in East Timor.

Afghanistan vs East Timor GDP by year

Afghanistan
East Timor
1x
Year GDP, current $
Afghanistan East Timor
2024 - $1,865,608,515
2023 $17,152,234,637 $2,079,767,170
2022 $14,497,243,872 $3,208,599,889
2021 $14,259,995,441 $3,625,024,341
2020 $19,955,929,052 $2,162,619,241
2019 $18,799,444,490 $2,032,550,389
2018 $18,053,222,687 $1,555,988,614
2017 $18,753,456,498 $1,584,878,440
2016 $18,116,572,395 $1,640,464,612
2015 $19,134,221,645 $1,590,282,371
2014 $20,497,128,556 $1,447,535,183
2013 $20,146,416,758 $1,395,727,421
2012 $19,907,329,778 $1,160,555,040
2011 $17,805,098,206 $1,042,534,598
2010 $15,856,668,556 $881,909,347
2009 $12,416,152,732 $726,937,836
2008 $10,109,297,048 $648,523,571
2007 $9,747,886,187 $542,795,447
2006 $6,971,758,282 $453,792,415
2005 $6,203,256,539 $462,267,954
2004 $5,224,896,719 $440,771,962
2003 $4,520,946,819 $490,439,116
2002 $3,825,701,439 $469,455,491
2001 $2,813,571,754 $477,359,253
2000 $3,521,418,060 $366,924,277
1999 - $225,357,600
1998 - $325,729,800
1997 - $319,972,700
1996 - $306,956,900
1995 - $262,819,900
1994 - $239,040,500
1993 - $216,914,400
1992 - $187,891,500
1991 - $147,713,000
1990 - $128,210,142

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/east-timor | CC BY

GDP per capita in Afghanistan vs East Timor by year

Afghanistan
GDP per capita

GDP per capita, PPP
East Timor
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan East Timor
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $1,332 $4,423
2023 $414 $2,202 $1,502 $4,807
2022 $357 $2,123 $2,343 $5,730
2021 $356 $2,144 $2,685 $6,825
2020 $511 $2,562 $1,631 $6,132
2019 $497 $2,583 $1,562 $4,557
2018 $491 $2,432 $1,219 $3,561
2017 $525 $2,336 $1,266 $3,463
2016 $522 $2,213 $1,336 $3,391
2015 $566 $2,284 $1,320 $3,108
2014 $625 $2,224 $1,225 $2,860
2013 $637 $2,133 $1,205 $2,566
2012 $651 $1,988 $1,023 $2,386
2011 $607 $1,744 $939 $2,066
2010 $561 $1,766 $813 $1,955
2009 $452 $1,571 $687 $1,810
2008 $382 $1,334 $628 $1,675
2007 $376 $1,287 $540 $1,516
2006 $274.2 $1,122 $465 $1,377
2005 $254.2 $1,076 $487 $1,435
2004 $221.8 $972 $474 $1,379
2003 $198.9 $967 $535 $1,355
2002 $179 $927 $534 $1,417
2001 $138.7 $748 $588 $1,619
2000 $174.9 $814 $492 $1,483
1999 - - $270 $819
1998 - - $346 $1,108
1997 - - $349 $1,149
1996 - - $344 $1,116
1995 - - $303 $1,043
1994 - - $283.1 $985
1993 - - $264.1 $925
1992 - - $235.1 $843
1991 - - $189.8 $766
1990 - - $168.6 $685

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/east-timor | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $1,332 in East Timor, ranking 167/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while East Timor ranks 163rd at $4,423.

Economic indicators

Afghanistan East Timor
Gross domestic product
$17.2B
2023
$1.87B
2024
GDP rank
137/197
2023
181/197
2024
GDP growth
2.27%
2022-2023
-9.1%
2023-2024
GDP per capita
$414
2023
$1,332
2024
GDP per capita rank
196/197
2023
167/197
2024
GDP per capita, PPP
$2,202
2023
$4,423
2024
GDP per capita PPP rank
184/197
2023
163/197
2024
Government debt
$1.44B
2023
$249M
2024
Debt-to-GDP ratio
8.8%
2024
13.3%
2024
Government debt per person
$34.8
2023
$177.5
2024
Government debt per person rank
185/185
2023
182/185
2024
Average annual personal income after taxes
$1,869
2026
$1,440
2026
Income share by richest 10% n/a
24%
2014
Income share by poorest 10% n/a
4%
2014
Government expenditure, % of GDP
19.4%
2024
90.8%
2024
Consumer prices inflation
-4.3%
2023-2024
2.1%
2023-2024
Central bank interest rate
6%
2021
n/a
Unemployment rate
5.68%
2021
1.54%
2022
Population
45409324
1441764

Spending and national debt comparison by year

Afghanistan
Spending

Debt
East Timor
Spending

Debt
1x
Year % of GDP
Afghanistan East Timor
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 90.8% 13.3%
2023 17% 8.42% 78.6% 12.4%
2022 16.1% 10.8% 59.9% 7.9%
2021 17.9% 11.2% 45.7% 6.53%
2020 27.9% 7.33% 61.7% 10.1%
2019 28% 6.14% 68.8% 9.51%
2018 28.9% 7.38% 85.5% 9.31%
2017 27.7% 8% 87.3% 6.71%
2016 28% 8.44% 112.2% 4.71%
2015 25.9% 9.15% 98.1% 2.95%
2014 25.4% 8.7% 111% 1.52%
2013 25% 6.92% 96.1% 0.46%
2012 25% 6.77% 129.3% 0.002%
2011 21.9% 7.52% 133.3% 0%
2010 20.8% 7.71% 121.3% 0%
2009 21.2% 16.2% 121.8% 0%
2008 20.9% 19.1% 122.4% 0%
2007 21.4% 20.1% 75.8% 0%
2006 18.3% 23% 59.8% 0%
2005 15.7% 206.4% 58.3% 0%
2004 15.1% 245% 74.2% 0%
2003 11.9% 270.6% 80.1% 0%
2002 6.94% 346% 93.5% 0%
2001 - - 95.7% 0%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2001–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/east-timor | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while East Timor spent $1.69B, or 90.8% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 13.3% in East Timor, ranking 181/185 and 178/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

East Timor
1x
Year Deficit/surplus, % of GDP
Afghanistan East Timor
2024 -0.54% -43.5%
2023 -1.33% -34.7%
2022 -1% -29.5%
2021 -0.48% -20.1%
2020 -2.24% -18.9%
2019 -1.06% -25.4%
2018 1.63% -26.9%
2017 -0.67% -33.8%
2016 0.13% -55.7%
2015 -1.38% -33.2%
2014 -1.72% -37.5%
2013 -0.63% -14.4%
2012 0.18% -38.7%
2011 -0.67% -25.4%
2010 0.93% -19.8%
2009 -1.76% -17.2%
2008 -3.86% -18.6%
2007 -2.46% -29.9%
2006 0.68% 41%
2005 -0.92% -10.5%
2004 -2.39% -7.48%
2003 -2.1% -8.24%
2002 -0.1% -7.64%
2001 - 3.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2001–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/east-timor | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to East Timor's deficit of $722M, or 34.7% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while East Timor ran a deficit in 21 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to deficit of 21.5% of GDP for East Timor.

Inflation comparison by year

Inflation
Afghanistan

East Timor
1x
Year Consumer prices inflation
Afghanistan East Timor
2024 -4.3% 2.1%
2023 -7.7% 8.4%
2022 10.6% 7%
2021 7.8% 3.8%
2020 5.6% 0.5%
2019 2.3% 0.9%
2018 0.6% 2.3%
2017 5% 0.5%
2016 4.4% -1.5%
2015 -0.7% 0.6%
2014 4.7% 0.8%
2013 7.4% 9.5%
2012 6.4% 10.9%
2011 11.8% 13.2%
2010 2.2% 5.2%
2009 -6.8% -0.2%
2008 26.4% 7.4%
2007 8.7% 8.6%
2006 6.8% 5.2%
2005 10.6% 1.6%
2004 16.4% 2.2%
2003 35.7% 8%
2002 - 4.1%
2001 - 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (2001–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/east-timor | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 4.41% in East Timor. In 2024, inflation was -4.3% in Afghanistan and 2.1% in East Timor.

Balance of trade

Afghanistan East Timor
Current account balance
-$3.14B
2020
-$587M
2024
Current account balance ranking
159/190
2020
108/190
2024
Current account balance, % of GDP
-15.7%
2020
-31.5%
2024
Goods imports
$5.88B
2020
$839M
2024
Goods exports
$777M
2020
$196M
2024
Service imports
$1.11B
2020
$432M
2024
Service exports
$700M
2020
$82.1M
2024
Imports of goods and services, % of GDP
50.7%
2023
84.9%
2024
Exports of goods and services, % of GDP
16.9%
2023
10.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan East Timor
Economic freedom 53 47.9
Economic freedom ranking 142/197 173/197
Property rights 3.6 43.5
Government integrity 13.5 43.9
Judicial effectiveness 0 34.5
Tax burden 92 97.1
Government spending 90.8 0
Fiscal health 98.4 19.6
Business freedom 33.7 62.7
Labor freedom 44.4 56.5
Monetary freedom 84.9 72.2
Trade freedom 68.6 79.8
Investment freedom 10 45
Financial freedom 10 20

Economic freedom comparison by year

Afghanistan
East Timor
1x
Year Economic freedom index
Afghanistan East Timor
2026 - 47.9
2025 - 47.9
2024 - 50.2
2023 - 47.2
2022 - 46.3
2021 53 44.7
2020 54.7 45.9
2019 51.5 44.2
2018 51.3 48.1
2017 48.9 46.3
2016 - 45.8
2015 - 45.5
2014 - 43.2
2013 - 43.7
2012 - 43.3
2011 - 42.8
2010 - 45.8
2009 - 50.5

Data sources: The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/east-timor | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 47.9 for East Timor, ranking 173/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan East Timor
Services, % of GDP
46.4%
2023
71.6%
2024
Industry, % of GDP
13.4%
2023
11.8%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
20.2%
2024
GNI, Atlas method
$15.5B
2023
$2.31B
2024
GNI per capita, PPP
$2,210
2023
$5,040
2024
Total reserves including gold
$9.75B
2020
$737M
2024
Total reserves ranking
78/177
2020
147/177
2024
Net foreign direct investment
$24.3M
2020
-$211M
2024
Net inflows of foreign direct investment
$0
2024
$216M
2024
Net outflows of foreign direct investment
$0
2024
$4.5M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
1.23%
2024
Poverty at national poverty lines
47.1%
2019
41.8%
2014
Gross capital formation, % of GDP
15.3%
2023
30.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/east-timor | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (2001–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.