East Timor vs Eritrea: Economic Indicators Comparison

Eritrea with a GDP of $2.6B ranked the 170th largest economy in the world, while East Timor ranked 171st with $2.6B. By GDP 5-years average growth and GDP per capita, Eritrea and East Timor ranked 79th vs 137th and 178th vs 146th, respectively.

Gross Domestic Product & Income

StatEast TimorEritrea
GDP$2.6B$2.6B
GDP growth, 1 year0.8%4.2%
GDP growth, 5-years average1.9%3.3%
Population1.3M3.5M
GDP per capita$2k$811
GDP per capita growth0.81%7.21%
Purchasing Power Parity conversion factor0.275.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.39
GDP per capita, PPP adjusted$5.2k$1.7k
GNI, Atlas method$2.3B$2.3B
GNI per capita$1.8k$720
GNI, PPP adjusted$8.9B$6.7B
GNI per capita, PPP adjusted$7k$2.1k

Financial system and Human development

StatEast TimorEritrea
Income Tax Rate10%30%
Corporate Tax Rate10%30%
Inflation, consumer prices2.3%9%
Inflation, GDP deflator0.9%13.3%
Unemployment3%6.5%
Economic Freedom Index45.938.5
Personal Freedom Index7.194.8
Human Freedom Index6.414.8
Property Rights Index45.232.5
Judical Effectiveness Index12.614.3
Business Freedom Index6418.2
Fiscal Health Index19.90
Labor Freedom Index58.969.7
Investment Freedom Index450
Financial Freedom Index2020
Trade Freedom Index7569.2
Monetary Freedom Index76.561
Government Spending Index5.374.7
Tax Burden Index96.381.4
Government Integrity Index32.521.4
Corruption Perceptions Index3524
Life expectancy at birth, years6965.5
Suicide mortality rate, per 100,000 people4.67.9
Mortality caused by road traffic injury, per 100,000 people12.725.3
Intentional homicides, per 100,000 people48
International tourism, number of arrivals75k142k

Government debt & reserves

StatEast TimorEritrea
Central government debt, % of GDP5.4%129.4%
External debt stocks, % of GNI6.7%40.8%
External debt stocks$158.1M$791.2M
Short-term debt, % of total reserves0.4%16%
Total debt service, % of exports and primary income0.3%4.3%
Adjusted net savings including particulate emission damage, % of GNI-14.6%0.5%
Gross savings, % of GDP12.3%15.8%
Gross capital formation, % of GDP22.5%10%
Total reserves including gold$673.9M$114.8M
Foreign direct investment net inflows$47.9M$61M

Exports, imports and economic structure

StatEast TimorEritrea
Exports of goods and services, % of GDP61.1%14.4%
Imports of goods and services, % of GDP59.9%23.2%
Current account balance (balance of payments)-$191.1M-$104.7M
Revenue excluding grants, % of GDP38.4%N/A
Grants excluding technical cooperation, BoP$119.1M$82M
Personal remittances received$96.3M$3.3M
Industry including construction value added, % of GDP45.8%21.8%
Agriculture, forestry and fishing value added, % of GDP10.4%14.1%
Charges for the use of intellectual property, payments BoP$33k$281k
Charges for the use of intellectual property, receipts BoPN/A$94k
Expense, % of GDP36.4%N/A
Government Expenditure, % of GDP56.2%29.1%

Compare with countries close by GDP per capita

East Timor vs

CountryGDP
per capita
Population
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M

Eritrea vs

CountryGDP
per capita
Population
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M