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Economy of East Timor vs Myanmar compared: GDP & Debt

Updated on by Georank team

East Timor has a GDP of $1.87B compared to $74.1B for Myanmar, ranking 181/197 and 85/197 by economy size, respectively.

East Timor has $249M in government debt (13.3% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

East Timor vs Myanmar GDP by year

East Timor
Myanmar
1x
Year GDP, current $
East Timor Myanmar
2024 $1,865,608,515 $74,068,349,524
2023 $2,079,767,170 $66,757,619,000
2022 $3,208,599,889 $62,253,049,903
2021 $3,625,024,341 $66,345,291,149
2020 $2,162,619,241 $79,006,113,670
2019 $2,032,550,389 $75,065,106,243
2018 $1,555,988,614 $67,860,515,993
2017 $1,584,878,440 $66,053,040,475
2016 $1,640,464,612 $63,298,361,984
2015 $1,590,282,371 $59,607,290,408
2014 $1,447,535,183 $65,531,374,210
2013 $1,395,727,421 $60,269,732,855
2012 $1,160,555,040 $59,937,796,648
2011 $1,042,534,598 $59,977,326,086
2010 $881,909,347 $49,540,813,342
2009 $726,937,836 $36,906,181,381
2008 $648,523,571 $31,862,554,102
2007 $542,795,447 $20,182,477,481
2006 $453,792,415 $14,502,553,710
2005 $462,267,954 $11,986,972,419
2004 $440,771,962 $10,567,354,056
2003 $490,439,116 $10,467,109,978
2002 $469,455,491 $6,777,632,512
2001 $477,359,253 $6,477,790,688
2000 $366,924,277 $8,905,066,164
1999 $225,357,600 $8,486,832,801
1998 $325,729,800 $6,459,461,639
1997 $319,972,700 $4,722,288,496
1996 $306,956,900 $6,123,556,717
1995 $262,819,900 $5,289,174,943
1994 $239,040,500 $4,432,257,174
1993 $216,914,400 $3,163,020,035
1992 $187,891,500 $2,411,552,289
1991 $147,713,000 $2,069,832,687
1990 $128,210,142 $2,115,193,513
1989 - $2,013,448,229
1988 - $1,541,088,312
1987 - $1,562,448,077
1986 - $1,582,873,750
1985 - $1,478,908,173
1984 - $1,304,063,253
1983 - $1,381,573,615
1982 - $1,481,165,468
1981 - $1,111,000,765
1980 - $1,038,225,167
1979 - $952,265,043
1978 - $935,408,775
1977 - $873,579,932
1976 - $1,204,699,849
1975 - $1,061,107,354
1974 - $1,225,589,878
1973 - $719,754,655
1972 - $662,213,083
1971 - $587,448,405
1970 - $563,555,631
1969 - $571,854,215
1968 - $559,956,130
1967 - $420,359,036
1966 - $293,103,479
1965 - $367,053,117
1964 - $411,419,906
1963 - $598,998,419
1962 - $634,528,872
1961 - $605,581,577
1960 - $545,098,448

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in East Timor vs Myanmar by year

East Timor
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
East Timor Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,332 $4,423 $1,359 $5,997
2023 $1,502 $4,807 $1,233 $5,953
2022 $2,343 $5,730 $1,158 $5,732
2021 $2,685 $6,825 $1,243 $5,178
2020 $1,631 $6,132 $1,490 $5,741
2019 $1,562 $4,557 $1,426 $6,101
2018 $1,219 $3,561 $1,298 $5,581
2017 $1,266 $3,463 $1,273 $4,706
2016 $1,336 $3,391 $1,229 $4,460
2015 $1,320 $3,108 $1,167 $4,459
2014 $1,225 $2,860 $1,293 $4,376
2013 $1,205 $2,566 $1,199 $4,144
2012 $1,023 $2,386 $1,203 $3,845
2011 $939 $2,066 $1,214 $3,579
2010 $813 $1,955 $1,011 $3,348
2009 $687 $1,810 $758 $3,040
2008 $628 $1,675 $658 $2,748
2007 $540 $1,516 $419 $2,459
2006 $465 $1,377 $303 $2,153
2005 $487 $1,435 $252.7 $1,860
2004 $474 $1,379 $224.5 $1,601
2003 $535 $1,355 $224.3 $1,385
2002 $534 $1,417 $146.6 $1,204
2001 $588 $1,619 $141.5 $1,069
2000 $492 $1,483 $196.6 $949
1999 $270 $819 $189.5 $825
1998 $346 $1,108 $146 $742
1997 $349 $1,149 $108 $702
1996 $344 $1,116 $141.9 $661
1995 $303 $1,043 $124.1 $618
1994 $283.1 $985 $105.4 $573
1993 $264.1 $925 $76.2 $529
1992 $235.1 $843 $58.9 $494
1991 $189.8 $766 $51.2 $447
1990 $168.6 $685 $53.1 $441
1989 - - $51.3 -
1988 - - $39.9 -
1987 - - $41.1 -
1986 - - $42.4 -
1985 - - $40.4 -
1984 - - $36.3 -
1983 - - $39.3 -
1982 - - $43 -
1981 - - $32.8 -
1980 - - $31.2 -
1979 - - $29.2 -
1978 - - $29.3 -
1977 - - $27.9 -
1976 - - $39.2 -
1975 - - $35.2 -
1974 - - $41.4 -
1973 - - $24.8 -
1972 - - $23.3 -
1971 - - $21.1 -
1970 - - $20.7 -
1969 - - $21.5 -
1968 - - $21.5 -
1967 - - $16.5 -
1966 - - $11.8 -
1965 - - $15.1 -
1964 - - $17.3 -
1963 - - $25.8 -
1962 - - $27.9 -
1961 - - $27.3 -
1960 - - $25.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

East Timor's GDP per capita is $1,332, ranking 167/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), East Timor ranks 163rd at $4,423, while Myanmar ranks 153rd at $5,997.

Economic indicators

East Timor Myanmar
Gross domestic product
$1.87B
2024
$74.1B
2024
GDP rank
181/197
2024
85/197
2024
GDP growth
-9.1%
2023-2024
-0.97%
2023-2024
GDP per capita
$1,332
2024
$1,359
2024
GDP per capita rank
167/197
2024
165/197
2024
GDP per capita, PPP
$4,423
2024
$5,997
2024
GDP per capita PPP rank
163/197
2024
153/197
2024
Government debt
$249M
2024
$44B
2024
Debt-to-GDP ratio
13.3%
2024
59.3%
2024
Government debt per person
$177.5
2024
$806
2024
Government debt per person rank
182/185
2024
150/185
2024
Average annual personal income after taxes
$1,440
2026
$1,646
2026
Income share by richest 10%
24%
2014
25.5%
2017
Income share by poorest 10%
4%
2014
3.8%
2017
Government expenditure, % of GDP
90.8%
2024
20.7%
2024
Consumer prices inflation
2.1%
2023-2024
8.83%
2018-2019
Unemployment rate
1.54%
2022
1.48%
2020
Population
1441764
55292116

Spending and national debt comparison by year

East Timor
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
East Timor Myanmar
Government spending Government debt Government spending Government debt
2024 90.8% 13.3% 20.7% 59.3%
2023 78.6% 12.4% 21.4% 59.1%
2022 59.9% 7.9% 21.3% 56.1%
2021 45.7% 6.53% 20.9% 63.4%
2020 61.7% 10.1% 21.3% 49.1%
2019 68.8% 9.51% 20.5% 37.6%
2018 85.5% 9.31% 18.7% 39.9%
2017 87.3% 6.71% 19.7% 41.9%
2016 112.2% 4.71% 21.3% 35.7%
2015 98.1% 2.95% 23.7% 36.6%
2014 111% 1.52% 24.7% 34.5%
2013 96.1% 0.46% 23.9% 44.8%
2012 129.3% 0.002% 20% 48%
2011 133.3% 0% 15.6% 49.9%
2010 121.3% 0% 15.8% 54.4%
2009 121.8% 0% 14.4% 56.4%
2008 122.4% 0% 14.4% 59.8%
2007 75.8% 0% 15.7% 77.4%
2006 59.8% 0% 15.6% 103.1%
2005 58.3% 0% 14.6% 119%
2004 74.2% 0% 14.6% 126.6%
2003 80.1% 0% 14.3% 146%
2002 93.5% 0% 15.3% 190.6%
2001 95.7% 0% 19.1% 262%
2000 - - 21.4% 164.5%
1999 - - 22.8% 150.7%
1998 - - 25.2% 208.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, East Timor's government spending was $1.69B, accounting for 90.8% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 13.3% in East Timor and 59.3% in Myanmar, ranking 178/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
East Timor

Myanmar
1x
Year Deficit/surplus, % of GDP
East Timor Myanmar
2024 -43.5% -5.06%
2023 -34.7% -5.18%
2022 -29.5% -2.82%
2021 -20.1% -2.47%
2020 -18.9% -6.5%
2019 -25.4% -4.7%
2018 -26.9% -2.77%
2017 -33.8% -3.42%
2016 -55.7% -2.53%
2015 -33.2% -4.33%
2014 -37.5% -1.06%
2013 -14.4% -1.53%
2012 -38.7% -2.7%
2011 -25.4% -4.82%
2010 -19.8% -5.4%
2009 -17.2% -3.55%
2008 -18.6% -2.73%
2007 -29.9% -3.52%
2006 41% -3.42%
2005 -10.5% -3.49%
2004 -7.48% -4.62%
2003 -8.24% -4.24%
2002 -7.64% -4.01%
2001 3.24% -6.34%
2000 - -6.03%
1999 - -4.46%
1998 - -4.89%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, East Timor's government deficit, the difference between spending and revenue, was $812M, equivalent to 43.5% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 24 years, East Timor recorded a fiscal deficit in 22 of those years, while Myanmar ran a deficit in 24 years. On average, East Timor posted an annual deficit equal to 21.4% of GDP, compared to deficit of 3.8% of GDP for Myanmar.

Inflation comparison by year

Inflation
East Timor

Myanmar
1x
Year Consumer prices inflation
East Timor Myanmar
2024 2.1% -
2023 8.4% -
2022 7% -
2021 3.8% -
2020 0.5% -
2019 0.9% 8.83%
2018 2.3% 6.87%
2017 0.5% 4.57%
2016 -1.5% 6.93%
2015 0.6% 9.45%
2014 0.8% 4.95%
2013 9.5% 5.64%
2012 10.9% 1.47%
2011 13.2% 5.02%
2010 5.2% 7.72%
2009 -0.2% 1.47%
2008 7.4% 26.8%
2007 8.6% 35%
2006 5.2% 20%
2005 1.6% 9.37%
2004 2.2% 4.53%
2003 8% 36.6%
2002 4.1% 57.1%
2001 3.6% 21.1%
2000 - -0.11%
1999 - 18.4%
1998 - 51.5%
1997 - 29.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (2001–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2019, retrieved 2026-04-06).

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

Over the past 19 years, East Timor has recorded an average annual inflation rate of 4.36%, compared with 14.4% in Myanmar. In 2019, inflation was 2.1% in East Timor and 8.83% in Myanmar.

Top exports between countries

East Timor
Export category Export value
Metals $10K
Textiles & consumer goods $9K
Wood & paper products $2K
Myanmar
Export category Export value
Raw agricultural goods $1.91M
Metals $1.19M
Chemicals & pharma $33K
Wood & paper products $23K

Balance of trade

East Timor Myanmar
Current account balance
-$587M
2024
$67.7M
2019
Current account balance ranking
108/190
2024
71/190
2019
Current account balance, % of GDP
-31.5%
2024
+0.09%
2019
Goods imports
$839M
2024
$13.7B
2019
Goods exports
$196M
2024
$10.8B
2019
Service imports
$432M
2024
$3.66B
2019
Service exports
$82.1M
2024
$6.68B
2019
Imports of goods and services, % of GDP
84.9%
2024
n/a
Exports of goods and services, % of GDP
10.6%
2024
24.3%
2025

Economic freedom indices

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

East Timor Myanmar
Economic freedom 47.9 44.5
Economic freedom ranking 173/197 180/197
Property rights 43.5 5.7
Government integrity 43.9 18.1
Judicial effectiveness 34.5 3.9
Tax burden 97.1 88.6
Government spending 0 86.6
Fiscal health 19.6 62.7
Business freedom 62.7 37.9
Labor freedom 56.5 53.2
Monetary freedom 72.2 57.5
Trade freedom 79.8 69.4
Investment freedom 45 30
Financial freedom 20 20

Economic freedom comparison by year

East Timor
Myanmar
1x
Year Economic freedom index
East Timor Myanmar
2026 47.9 44.5
2025 47.9 43.7
2024 50.2 42.2
2023 47.2 46.5
2022 46.3 49.6
2021 44.7 55.2
2020 45.9 54
2019 44.2 53.6
2018 48.1 53.9
2017 46.3 52.5
2016 45.8 48.7
2015 45.5 46.9
2014 43.2 46.5
2013 43.7 39.2
2012 43.3 38.7
2011 42.8 37.8
2010 45.8 36.7
2009 50.5 37.7
2008 - 39.5
2007 - 41
2006 - 40
2005 - 40.5
2004 - 43.6
2003 - 44.9
2002 - 45.5
2001 - 46.1
2000 - 47.9
1999 - 46.4
1998 - 45.7
1997 - 45.4
1996 - 45.1

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for East Timor is 47.9, ranking 173/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

East Timor Myanmar
Services, % of GDP
71.6%
2024
41.4%
2024
Industry, % of GDP
11.8%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
20.2%
2024
20.8%
2024
GNI, Atlas method
$2.31B
2024
$65.9B
2024
GNI per capita, PPP
$5,040
2024
$5,890
2024
Total reserves including gold
$737M
2024
$9.34B
2023
Total reserves ranking
147/177
2024
81/177
2023
Net foreign direct investment
-$211M
2024
-$1.74B
2019
Net inflows of foreign direct investment
$216M
2024
$1.1B
2024
Net outflows of foreign direct investment
$4.5M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.23%
2024
1.31%
2024
Poverty at national poverty lines
41.8%
2014
24.8%
2017
Gross capital formation, % of GDP
30.1%
2024
n/a

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/east-timor/myanmar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.