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Economy of East Timor vs Yemen compared: GDP & Debt

Updated on by Georank team

East Timor has a GDP of $1.87B compared to $21.6B for Yemen, ranking 181/197 and 125/197 by economy size, respectively.

East Timor has $249M in government debt (13.3% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

East Timor vs Yemen GDP by year

East Timor
Yemen
1x
Year GDP, current $
East Timor Yemen
2024 $1,865,608,515 -
2023 $2,079,767,170 -
2022 $3,208,599,889 -
2021 $3,625,024,341 -
2020 $2,162,619,241 -
2019 $2,032,550,389 -
2018 $1,555,988,614 $21,606,160,663
2017 $1,584,878,440 $26,842,229,045
2016 $1,640,464,612 $31,317,825,274
2015 $1,590,282,371 $42,444,490,074
2014 $1,447,535,183 $43,228,585,321
2013 $1,395,727,421 $40,415,233,436
2012 $1,160,555,040 $35,401,331,610
2011 $1,042,534,598 $32,726,417,878
2010 $881,909,347 $30,906,749,533
2009 $726,937,836 $25,130,278,213
2008 $648,523,571 $26,910,855,807
2007 $542,795,447 $21,650,528,674
2006 $453,792,415 $19,063,143,370
2005 $462,267,954 $16,731,566,717
2004 $440,771,962 $13,867,634,371
2003 $490,439,116 $11,777,532,662
2002 $469,455,491 $10,693,430,511
2001 $477,359,253 $9,852,990,693
2000 $366,924,277 $9,679,316,770
1999 $225,357,600 $7,639,325,296
1998 $325,729,800 $6,322,175,566
1997 $319,972,700 $6,838,298,531
1996 $306,956,900 $6,496,163,616
1995 $262,819,900 $12,796,345,679
1994 $239,040,500 $28,019,483,764
1993 $216,914,400 $21,736,802,664
1992 $187,891,500 $17,959,367,194
1991 $147,713,000 $14,665,445,462
1990 $128,210,142 $12,643,821,569

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

GDP per capita in East Timor vs Yemen by year

East Timor
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
East Timor Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,332 $4,423 - -
2023 $1,502 $4,807 - -
2022 $2,343 $5,730 - -
2021 $2,685 $6,825 - -
2020 $1,631 $6,132 - -
2019 $1,562 $4,557 - -
2018 $1,219 $3,561 $634 -
2017 $1,266 $3,463 $811 -
2016 $1,336 $3,391 $975 -
2015 $1,320 $3,108 $1,362 -
2014 $1,225 $2,860 $1,430 -
2013 $1,205 $2,566 $1,379 $3,164
2012 $1,023 $2,386 $1,245 $3,005
2011 $939 $2,066 $1,186 $3,113
2010 $813 $1,955 $1,155 $3,603
2009 $687 $1,810 $969 $3,411
2008 $628 $1,675 $1,072 $3,370
2007 $540 $1,516 $890 $3,294
2006 $465 $1,377 $810 $3,205
2005 $487 $1,435 $734 $3,113
2004 $474 $1,379 $628 $2,949
2003 $535 $1,355 $549 $2,844
2002 $534 $1,417 $513 $2,768
2001 $588 $1,619 $487 $2,702
2000 $492 $1,483 $493 $2,624
1999 $270 $819 $401 $2,492
1998 $346 $1,108 $343 $2,442
1997 $349 $1,149 $383 $2,351
1996 $344 $1,116 $375 $2,268
1995 $303 $1,043 $764 $2,201
1994 $283.1 $985 $1,735 $2,115
1993 $264.1 $925 $1,397 $2,013
1992 $235.1 $843 $1,198 $1,963
1991 $189.8 $766 $1,016 $1,843
1990 $168.6 $685 $910 $1,742

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

East Timor's GDP per capita is $1,332, ranking 167/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), East Timor ranks 163rd at $4,423, while Yemen ranks 178th at $3,164.

Economic indicators

East Timor Yemen
Gross domestic product
$1.87B
2024
$21.6B
2018
GDP rank
181/197
2024
125/197
2018
GDP growth
-9.1%
2023-2024
0.75%
2017-2018
GDP per capita
$1,332
2024
$634
2018
GDP per capita rank
167/197
2024
191/197
2018
GDP per capita, PPP
$4,423
2024
$3,164
2013
GDP per capita PPP rank
163/197
2024
178/197
2013
Government debt
$249M
2024
$18.8B
2018
Debt-to-GDP ratio
13.3%
2024
70.9%
2024
Government debt per person
$177.5
2024
$551
2018
Government debt per person rank
182/185
2024
165/185
2018
Average annual personal income after taxes
$1,440
2026
$1,127
2026
Income share by richest 10%
24%
2014
29.4%
2014
Income share by poorest 10%
4%
2014
3%
2014
Government expenditure, % of GDP
90.8%
2024
8.91%
2024
Consumer prices inflation
2.1%
2023-2024
33.9%
2023-2024
Unemployment rate
1.54%
2022
13.5%
2014
Population
1441764
43325643

Spending and national debt comparison by year

East Timor
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
East Timor Yemen
Government spending Government debt Government spending Government debt
2024 90.8% 13.3% 8.91% 70.9%
2023 78.6% 12.4% 11.8% 77.9%
2022 59.9% 7.9% 12.2% 65.3%
2021 45.7% 6.53% 8.22% 75.9%
2020 61.7% 10.1% 10.6% 87%
2019 68.8% 9.51% 13.2% 91.5%
2018 85.5% 9.31% 14.3% 86.9%
2017 87.3% 6.71% 8.39% 83.8%
2016 112.2% 4.71% 16.1% 76.5%
2015 98.1% 2.95% 19.4% 57.7%
2014 111% 1.52% 27.8% 48.9%
2013 96.1% 0.46% 30.8% 48.4%
2012 129.3% 0.002% 36.2% 47.6%
2011 133.3% 0% 29.8% 45.7%
2010 121.3% 0% 30.2% 42.4%
2009 121.8% 0% 35.2% 49.8%
2008 122.4% 0% 41.2% 36.4%
2007 75.8% 0% 40.3% 40.4%
2006 59.8% 0% 37.4% 40.8%
2005 58.3% 0% 36.8% 43.8%
2004 74.2% 0% 34.2% 52.1%
2003 80.1% 0% 35.3% 56.8%
2002 93.5% 0% 30.8% 57.8%
2001 95.7% 0% 30.5% 60.6%
2000 - - 31.7% 60.8%
1999 - - 28.2% 96.1%
1998 - - 34.3% 110.6%
1997 - - 34.2% 74.2%
1996 - - 30.7% 114.9%
1995 - - 24.1% 84.1%
1994 - - 25.2% 73.3%
1993 - - 25.8% 76.7%
1992 - - 24.6% 78%
1991 - - 24.7% 82.7%
1990 - - 26.6% 91.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

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

In 2024, East Timor's government spending was $1.69B, accounting for 90.8% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 13.3% in East Timor and 70.9% in Yemen, ranking 178/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
East Timor

Yemen
1x
Year Deficit/surplus, % of GDP
East Timor Yemen
2024 -43.5% -2.48%
2023 -34.7% -5.63%
2022 -29.5% -2.15%
2021 -20.1% -0.89%
2020 -18.9% -4.3%
2019 -25.4% -5.89%
2018 -26.9% -7.85%
2017 -33.8% -4.9%
2016 -55.7% -8.51%
2015 -33.2% -8.75%
2014 -37.5% -4.14%
2013 -14.4% -6.9%
2012 -38.7% -6.32%
2011 -25.4% -4.51%
2010 -19.8% -4.06%
2009 -17.2% -10.2%
2008 -18.6% -4.53%
2007 -29.9% -7.18%
2006 41% 1.19%
2005 -10.5% -1.82%
2004 -7.48% -2.15%
2003 -8.24% -4.2%
2002 -7.64% -0.56%
2001 3.24% 2.79%
2000 - 6.09%
1999 - 0.06%
1998 - -7.77%
1997 - -1.5%
1996 - -0.92%
1995 - -5.74%
1994 - -14%
1993 - -12.8%
1992 - -10.9%
1991 - -5.76%
1990 - -10.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2018, East Timor's government deficit, the difference between spending and revenue, was $419M, equivalent to 26.9% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 18 years, East Timor recorded a fiscal deficit in 16 of those years, while Yemen ran a deficit in 16 years. On average, East Timor posted an annual deficit equal to 18.9% of GDP, compared to deficit of 4.59% of GDP for Yemen.

Inflation comparison by year

Inflation
East Timor

Yemen
1x
Year Consumer prices inflation
East Timor Yemen
2024 2.1% 33.9%
2023 8.4% 0.9%
2022 7% 29.5%
2021 3.8% 31.5%
2020 0.5% 21.7%
2019 0.9% 15.7%
2018 2.3% 33.6%
2017 0.5% 30.4%
2016 -1.5% 21.3%
2015 0.6% 22%
2014 0.8% 8.2%
2013 9.5% 11%
2012 10.9% 9.9%
2011 13.2% 19.5%
2010 5.2% 11.2%
2009 -0.2% 3.7%
2008 7.4% 19%
2007 8.6% 7.9%
2006 5.2% 10.8%
2005 1.6% 9.9%
2004 2.2% 12.5%
2003 8% 10.8%
2002 4.1% 12.2%
2001 3.6% 11.9%
2000 - 11%
1999 - 7.9%
1998 - 11.5%
1997 - 4.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 24 years, East Timor has recorded an average annual inflation rate of 4.36%, compared with 16.6% in Yemen. In 2024, inflation was 2.1% in East Timor and 33.9% in Yemen.

Balance of trade

East Timor Yemen
Current account balance
-$587M
2024
-$2.42B
2016
Current account balance ranking
108/190
2024
148/190
2016
Current account balance, % of GDP
-31.5%
2024
-7.72%
2016
Goods imports
$839M
2024
$6.8B
2016
Goods exports
$196M
2024
$473M
2016
Service imports
$432M
2024
$1.46B
2016
Service exports
$82.1M
2024
$466M
2016
Imports of goods and services, % of GDP
84.9%
2024
47.3%
2018
Exports of goods and services, % of GDP
10.6%
2024
8.76%
2018

Economic freedom indices

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

East Timor Yemen
Economic freedom 47.9 53.7
Economic freedom ranking 173/197 138/197
Property rights 43.5 3.5
Government integrity 43.9 6.2
Judicial effectiveness 34.5 9.9
Tax burden 97.1 93.7
Government spending 0 0
Fiscal health 19.6 71.2
Business freedom 62.7 31.3
Labor freedom 56.5 31.2
Monetary freedom 72.2 48.1
Trade freedom 79.8 67.4
Investment freedom 45 50
Financial freedom 20 30

Economic freedom comparison by year

East Timor
Yemen
1x
Year Economic freedom index
East Timor Yemen
2026 47.9 -
2025 47.9 -
2024 50.2 -
2023 47.2 -
2022 46.3 -
2021 44.7 -
2020 45.9 -
2019 44.2 -
2018 48.1 -
2017 46.3 -
2016 45.8 -
2015 45.5 53.7
2014 43.2 55.5
2013 43.7 55.9
2012 43.3 55.3
2011 42.8 54.2
2010 45.8 54.4
2009 50.5 56.9
2008 - 53.8
2007 - 54.1
2006 - 52.6
2005 - 53.8
2004 - 50.5
2003 - 50.3
2002 - 48.6
2001 - 44.3
2000 - 44.5
1999 - 43.3
1998 - 46.1
1997 - 48.4
1996 - 49.6
1995 - 49.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for East Timor is 47.9, ranking 173/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

East Timor Yemen
Services, % of GDP
71.6%
2024
41.8%
2018
Industry, % of GDP
11.8%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
20.2%
2024
28.7%
2018
GNI, Atlas method
$2.31B
2024
$25.3B
2018
GNI per capita, PPP
$5,040
2024
$3,020
2013
Total reserves including gold
$737M
2024
$1.25B
2022
Total reserves ranking
147/177
2024
139/177
2022
Net foreign direct investment
-$211M
2024
$15.4M
2015
Net inflows of foreign direct investment
$216M
2024
-$371M
2019
Net outflows of foreign direct investment
$4.5M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.23%
2024
0.53%
2018
Poverty at national poverty lines
41.8%
2014
48.6%
2014
Gross capital formation, % of GDP
30.1%
2024
6.18%
2018

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/yemen | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20)
  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.