Skip to content

East Timor vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while East Timor ranked 171st with $2.6B. By GDP 5-years average growth and GDP per capita, Spain and East Timor ranked 104th vs 137th and 34th vs 146th, respectively.

Gross Domestic Product & Income

StatEast TimorSpain
GDP$2.6B$1.4T
GDP growth, 1 year0.8%2.5%
GDP growth, 5-years average1.9%2.7%
Population1.2M46.5M
GDP per capita$2k$30k
GDP per capita growth0.81%2.07%
Purchasing Power Parity conversion factor0.270.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.76
GDP per capita, PPP adjusted$5.2k$40k
GNI, Atlas method$2.3B$1.4T
GNI per capita$1.8k$29k
GNI, PPP adjusted$8.9B$1.9T
GNI per capita, PPP adjusted$7k$40k

Financial system and Human development

StatEast TimorSpain
Income Tax Rate10%45%
Corporate Tax Rate10%25%
Inflation, consumer prices2.3%1.7%
Inflation, GDP deflator0.9%1.1%
Unemployment3%15.5%
Economic Freedom Index45.966.9
Personal Freedom Index7.198.95
Human Freedom Index6.418.22
Property Rights Index45.274.9
Judical Effectiveness Index12.651.8
Business Freedom Index6466.8
Fiscal Health Index19.962.6
Labor Freedom Index58.957.7
Investment Freedom Index4585
Financial Freedom Index2070
Trade Freedom Index7586.4
Monetary Freedom Index76.582
Government Spending Index5.348.3
Tax Burden Index96.362.1
Government Integrity Index32.555.1
Corruption Perceptions Index3558
Life expectancy at birth, years6983.3
Suicide mortality rate, per 100,000 people4.68.7
Mortality caused by road traffic injury, per 100,000 people12.74.1
Intentional homicides, per 100,000 people40.7
International tourism, number of arrivals75k82.8M

Government debt & reserves

StatEast TimorSpain
Central government debt, % of GDP5.4%97%
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%9.1%
Gross savings, % of GDP12.3%22.3%
Gross capital formation, % of GDP22.5%20.4%
Total reserves including gold$673.9M$70.6B
Foreign direct investment net inflows$47.9M$49.1B

Exports, imports and economic structure

StatEast TimorSpain
Exports of goods and services, % of GDP61.1%35.1%
Imports of goods and services, % of GDP59.9%32.4%
Current account balance (balance of payments)-$191.1M$27.3B
Revenue excluding grants, % of GDP38.4%15.7%
Grants excluding technical cooperation, BoP$119.1MN/A
Personal remittances received$96.3M$3.4B
Industry including construction value added, % of GDP45.8%20%
Agriculture, forestry and fishing value added, % of GDP10.4%2.8%
Charges for the use of intellectual property, payments BoP$33k$6.6B
Charges for the use of intellectual property, receipts BoPN/A$2.5B
Expense, % of GDP36.4%18.8%
Government Expenditure, % of GDP56.2%41.5%

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
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M
Cambodia
$1.5k
15.1M

Spain vs

CountryGDP
per capita
Population
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M