East Timor vs Luxembourg: Economic Indicators Comparison

Luxembourg with a GDP of $70.9B ranked the 72nd largest economy in the world, while East Timor ranked 171st with $2.6B. By GDP 5-years average growth and GDP per capita, Luxembourg and East Timor ranked 88th vs 137th and 3rd vs 146th, respectively.

Gross Domestic Product & Income

StatEast TimorLuxembourg
GDP$2.6B$70.9B
GDP growth, 1 year0.8%3%
GDP growth, 5-years average1.9%3%
Population1.3M626k
GDP per capita$2k$117k
GDP per capita growth0.81%1.18%
Purchasing Power Parity conversion factor0.270.87
Price level ratio of PPP conversion factor GDP to market exchange rate0.271.03
GDP per capita, PPP adjusted$5.2k$107k
GNI, Atlas method$2.3B$43.1B
GNI per capita$1.8k$71k
GNI, PPP adjusted$8.9B$43.9B
GNI per capita, PPP adjusted$7k$72k

Financial system and Human development

StatEast TimorLuxembourg
Income Tax Rate10%42%
Corporate Tax Rate10%18%
Inflation, consumer prices2.3%2%
Inflation, GDP deflator0.9%2.5%
Unemployment3%5.5%
Economic Freedom Index45.975.8
Personal Freedom Index7.199.1
Human Freedom Index6.418.46
Property Rights Index45.286.4
Judical Effectiveness Index12.674.4
Business Freedom Index6466.8
Fiscal Health Index19.999
Labor Freedom Index58.945.3
Investment Freedom Index4595
Financial Freedom Index2080
Trade Freedom Index7586.4
Monetary Freedom Index76.576.4
Government Spending Index5.345.4
Tax Burden Index96.364.1
Government Integrity Index32.590.3
Corruption Perceptions Index3581
Life expectancy at birth, years6982.7
Suicide mortality rate, per 100,000 people4.613.5
Mortality caused by road traffic injury, per 100,000 people12.76.3
Intentional homicides, per 100,000 people40.3
International tourism, number of arrivals75k1M

Government debt & reserves

StatEast TimorLuxembourg
Central government debt, % of GDP5.4%21.8%
External debt stocks, % of GNI6.7%N/A
External debt stocks$158.1MN/A
Short-term debt, % of total reserves0.4%N/A
Total debt service, % of exports and primary income0.3%N/A
Adjusted net savings including particulate emission damage, % of GNI-14.6%20.9%
Gross savings, % of GDP12.3%17.4%
Gross capital formation, % of GDP22.5%17.6%
Total reserves including gold$673.9M$938.9M
Foreign direct investment net inflows$47.9M-$5.6B

Exports, imports and economic structure

StatEast TimorLuxembourg
Exports of goods and services, % of GDP61.1%211.6%
Imports of goods and services, % of GDP59.9%175.5%
Current account balance (balance of payments)-$191.1M$3.4B
Revenue excluding grants, % of GDP38.4%40.9%
Grants excluding technical cooperation, BoP$119.1MN/A
Personal remittances received$96.3M$2.1B
Industry including construction value added, % of GDP45.8%11.8%
Agriculture, forestry and fishing value added, % of GDP10.4%0.2%
Charges for the use of intellectual property, payments BoP$33k$5B
Charges for the use of intellectual property, receipts BoPN/A$2.4B
Expense, % of GDP36.4%38.7%
Government Expenditure, % of GDP56.2%42.7%

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

Luxembourg vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k