East Timor vs Mongolia: Economic Indicators Comparison

Mongolia with a GDP of $13.1B ranked the 134th largest economy in the world, while East Timor ranked 171st with $2.6B. By GDP 5-years average growth and GDP per capita, Mongolia and East Timor ranked 39th vs 137th and 118th vs 146th, respectively.

Gross Domestic Product & Income

StatEast TimorMongolia
GDP$2.6B$13.1B
GDP growth, 1 year0.8%6.9%
GDP growth, 5-years average1.9%4.7%
Population1.3M3.1M
GDP per capita$2k$4.1k
GDP per capita growth0.81%5.32%
Purchasing Power Parity conversion factor0.27738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.3
GDP per capita, PPP adjusted$5.2k$13k
GNI, Atlas method$2.3B$11.6B
GNI per capita$1.8k$3.7k
GNI, PPP adjusted$8.9B$39.6B
GNI per capita, PPP adjusted$7k$13k

Financial system and Human development

StatEast TimorMongolia
Income Tax Rate10%10%
Corporate Tax Rate10%25%
Inflation, consumer prices2.3%7.7%
Inflation, GDP deflator0.9%8.1%
Unemployment3%6.3%
Economic Freedom Index45.955.9
Personal Freedom Index7.197.63
Human Freedom Index6.417.17
Property Rights Index45.250.3
Judical Effectiveness Index12.623
Business Freedom Index6463.6
Fiscal Health Index19.99.3
Labor Freedom Index58.975.7
Investment Freedom Index4550
Financial Freedom Index2060
Trade Freedom Index7574
Monetary Freedom Index76.574.2
Government Spending Index5.366.6
Tax Burden Index96.387.4
Government Integrity Index32.536.9
Corruption Perceptions Index3537
Life expectancy at birth, years6969.5
Suicide mortality rate, per 100,000 people4.613
Mortality caused by road traffic injury, per 100,000 people12.716.5
Intentional homicides, per 100,000 people46.2
International tourism, number of arrivals75k529k

Government debt & reserves

StatEast TimorMongolia
Central government debt, % of GDP5.4%73.3%
External debt stocks, % of GNI6.7%253.9%
External debt stocks$158.1M$29.4B
Short-term debt, % of total reserves0.4%87.3%
Total debt service, % of exports and primary income0.3%101.6%
Adjusted net savings including particulate emission damage, % of GNI-14.6%-10.3%
Gross savings, % of GDP12.3%30.3%
Gross capital formation, % of GDP22.5%43.1%
Total reserves including gold$673.9M$3.5B
Foreign direct investment net inflows$47.9M$2B

Exports, imports and economic structure

StatEast TimorMongolia
Exports of goods and services, % of GDP61.1%58.7%
Imports of goods and services, % of GDP59.9%64.2%
Current account balance (balance of payments)-$191.1M-$1.9B
Revenue excluding grants, % of GDP38.4%24.9%
Grants excluding technical cooperation, BoP$119.1M$115.6M
Personal remittances received$96.3M$440.6M
Industry including construction value added, % of GDP45.8%38.7%
Agriculture, forestry and fishing value added, % of GDP10.4%10.8%
Charges for the use of intellectual property, payments BoP$33k$16.1M
Charges for the use of intellectual property, receipts BoPN/A$1.4M
Expense, % of GDP36.4%23.8%
Government Expenditure, % of GDP56.2%33.4%

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

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k