Attribute | Value |
---|---|
Geography | |
Area | 14,874 km² |
Continent | Asia |
Land area | 14,874 km² |
Water area | 0 km² |
Land boundaries | 253 km |
Border countries |
|
Coastline | 706 km |
Mean elevation | Add |
Lowest point | 0 m |
Highest point | 2,963 m |
People | |
Population | 1,383,723 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Democratic Republic of Timor-Leste |
Short country name | Timor-Leste |
Long local name | Republika Demokratika Timor Lorosa'e [Tetum]; Republica Democratica de Timor-Leste [Portuguese] |
Short local name | Timor Lorosa'e [Tetum]; Timor-Leste [Portuguese] |
Former name |
|
Government type | Semi-presidential republic |
Capital | Dili |
Economy | |
GDP (PPP) | 7,426,000,000 USD |
GDP (OER) | 2,775,000,000 USD |
GDP (real growth rate) | -4.6 % |
GDP - per capita (PPP) | 6,000 USD |
Gross national saving | Add |
Labor force | 286,700 |
Unemployment rate | 4.4 % |
Population below poverty line | 41.8 % |
Budget revenues | 300,000,000 USD |
Budget expenditures | 2,400,000,000 USD |
Military expenditures | 0.61 % of GDP |
Taxes and other revenues | 10.8 % of GDP |
Budget surplus or deficit | -75.7 % of GDP |
Public debt | 3.8 % of GDP |
Inflation rate | 0.6 % |
Central bank discount rate | Add |
Commercial bank prime lending rate | 13.29 % |
Stock of narrow money | 563,300,000 USD |
Stock of broad money | 563,300,000 USD |
Stock of domestic credit | -213,000,000 USD |
Market value of publicly traded shares | Add |
Current account balance | -284,000,000 USD |
Exports | 16,700,000 USD |
Imports | 681,200,000 USD |
Reserves of foreign exchange and gold | 544,400,000 USD |
External debt | 311,500,000 USD |
National currency | US Dollar |
National currency (code) | USD |
National currency (symbol) | $ |
National currency rate to USD | Add |
The Portuguese began to trade with the island of Timor in the early 16th century and colonized it in mid-century. Skirmishing with the Dutch in the region eventually resulted in an 1859 treaty in which Portugal ceded the western portion of the island. Imperial Japan occupied Portuguese Timor from 1942 to 1945, but Portugal resumed colonial authority after the Japanese defeat in World War II. East Timor declared itself independent from Portugal on 28 November 1975 and was invaded and occupied by Indonesian forces nine days later. It was incorporated into Indonesia in July 1976 as the province of Timor Timur (East Timor). An unsuccessful campaign of pacification followed over the next two decades, during which an estimated 100,000 to 250,000 people died. In an August 1999 UN-supervised popular referendum, an overwhelming majority of the people of Timor-Leste voted for independence from Indonesia. However, in the next three weeks, anti-independence Timorese militias - organized and supported by the Indonesian military - commenced a large-scale, scorched-earth campaign of retribution. The militias killed approximately 1,400 Timorese and forced 300,000 people into western Timor as refugees. Most of the country's infrastructure, including homes, irrigation systems, water supply systems, and schools, and nearly all of the country's electrical grid were destroyed. On 20 September 1999, Australian-led peacekeeping troops deployed to the country and brought the violence to an end. On 20 May 2002, Timor-Leste was internationally recognized as an independent state. In 2006, internal tensions threatened the new nation's security when a military strike led to violence and a breakdown of law and order. At Dili's request, an Australian-led International Stabilization Force (ISF) deployed to Timor-Leste, and the UN Security Council established the UN Integrated Mission in Timor-Leste (UNMIT), which included an authorized police presence of over 1,600 personnel. The ISF and UNMIT restored stability, allowing for presidential and parliamentary elections in 2007 in a largely peaceful atmosphere. In February 2008, a rebel group staged an unsuccessful attack against the president and prime minister. The ringleader was killed in the attack, and most of the rebels surrendered in April 2008. Since the attack, the government has enjoyed one of its longest periods of post-independence stability, including successful 2012 elections for both the parliament and president and a successful transition of power in February 2015. In late 2012, the UN Security Council ended its peacekeeping mission in Timor-Leste and both the ISF and UNMIT departed the country. Early parliamentary elections in the spring of 2017 finally produced a majority goovernment after months of impasse. Currently, the government is a coalition of three parties and the president is a member of the opposition party. In 2018, this configuration stymied nominations for key ministerial positions and slowed progress on certain policy issues.