East Timor vs Serbia: Economic Indicators Comparison

Serbia with a GDP of $50.6B ranked the 84th largest economy in the world, while East Timor ranked 171st with $2.6B. By GDP 5-years average growth and GDP per capita, Serbia and East Timor ranked 131st vs 137th and 90th vs 146th, respectively.

Gross Domestic Product & Income

StatEast TimorSerbia
GDP$2.6B$50.6B
GDP growth, 1 year0.8%4.4%
GDP growth, 5-years average1.9%2%
Population1.3M7M
GDP per capita$2k$7.2k
GDP per capita growth0.81%4.97%
Purchasing Power Parity conversion factor0.2741.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.42
GDP per capita, PPP adjusted$5.2k$18k
GNI, Atlas method$2.3B$44.6B
GNI per capita$1.8k$6.4k
GNI, PPP adjusted$8.9B$115.5B
GNI per capita, PPP adjusted$7k$17k

Financial system and Human development

StatEast TimorSerbia
Income Tax Rate10%10%
Corporate Tax Rate10%15%
Inflation, consumer prices2.3%2%
Inflation, GDP deflator0.9%2.1%
Unemployment3%13.5%
Economic Freedom Index45.966
Personal Freedom Index7.197.84
Human Freedom Index6.417.19
Property Rights Index45.255.4
Judical Effectiveness Index12.646.8
Business Freedom Index6472.6
Fiscal Health Index19.994.1
Labor Freedom Index58.966.9
Investment Freedom Index4570
Financial Freedom Index2050
Trade Freedom Index7578
Monetary Freedom Index76.580.7
Government Spending Index5.349.7
Tax Burden Index96.383.7
Government Integrity Index32.544
Corruption Perceptions Index3539
Life expectancy at birth, years6976.1
Suicide mortality rate, per 100,000 people4.615.6
Mortality caused by road traffic injury, per 100,000 people12.77.4
Intentional homicides, per 100,000 people41.1
International tourism, number of arrivals75k1.7M

Government debt & reserves

StatEast TimorSerbia
Central government debt, % of GDP5.4%54.3%
External debt stocks, % of GNI6.7%71.7%
External debt stocks$158.1M$34.3B
Short-term debt, % of total reserves0.4%16.4%
Total debt service, % of exports and primary income0.3%22.3%
Adjusted net savings including particulate emission damage, % of GNI-14.6%-3.2%
Gross savings, % of GDP12.3%18.6%
Gross capital formation, % of GDP22.5%22.7%
Total reserves including gold$673.9M$12.9B
Foreign direct investment net inflows$47.9M$4.1B

Exports, imports and economic structure

StatEast TimorSerbia
Exports of goods and services, % of GDP61.1%50.8%
Imports of goods and services, % of GDP59.9%59.3%
Current account balance (balance of payments)-$191.1M-$2.6B
Revenue excluding grants, % of GDP38.4%32.8%
Grants excluding technical cooperation, BoP$119.1M$334.6M
Personal remittances received$96.3M$4.3B
Industry including construction value added, % of GDP45.8%25.5%
Agriculture, forestry and fishing value added, % of GDP10.4%6.3%
Charges for the use of intellectual property, payments BoP$33k$289.7M
Charges for the use of intellectual property, receipts BoPN/A$57.9M
Expense, % of GDP36.4%36.9%
Government Expenditure, % of GDP56.2%40.9%

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

Serbia vs

CountryGDP
per capita
Population
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M