Strong Growth in Timor-Leste’s Non Oil GDP confirmed by the 2012 National Accounts « Government of Timor-Leste
The “Timor-Leste National Accounts 2000-2012”
were officially released on Friday the 25th July at the Timor-Leste
Development Partners Meeting. Compiled in accordance with the United Nations
System of National Accounts 2008, this set of macroeconomic accounts provides
comprehensive and consistent data that is important for policymaking, analysis
and research.
were officially released on Friday the 25th July at the Timor-Leste
Development Partners Meeting. Compiled in accordance with the United Nations
System of National Accounts 2008, this set of macroeconomic accounts provides
comprehensive and consistent data that is important for policymaking, analysis
and research.
This edition of the National Accounts is the
fourth published by the General Directorate of Statistics and allows for
accurate comparisons of economic activity over the period 2000-2012.
fourth published by the General Directorate of Statistics and allows for
accurate comparisons of economic activity over the period 2000-2012.
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| Timor Plaza. Photo: Google.com |
The 2014 edition confirms the strong growth of
Timor-Leste’s non-oil Gross Domestic Product [GDP]. In 2012 Timor-Leste’s
Non-Oil GDP in constant prices grew by 7.8% with a growth in household final
consumption expenditure of 13.1% associated with a significant increase in
subsistence agriculture in 2012.
Timor-Leste’s non-oil Gross Domestic Product [GDP]. In 2012 Timor-Leste’s
Non-Oil GDP in constant prices grew by 7.8% with a growth in household final
consumption expenditure of 13.1% associated with a significant increase in
subsistence agriculture in 2012.
Industry sectors that grew in 2012 were
Information and Communication, up 19.6%, Agriculture, Forestry and Fishing, up
14.6%, Real Estate activities, up 14.4%, Public Administration, up 11.0%, other
Mining and Quarrying, up 7.9% and Wholesale and Retail Trade, up 7.3%.
Information and Communication, up 19.6%, Agriculture, Forestry and Fishing, up
14.6%, Real Estate activities, up 14.4%, Public Administration, up 11.0%, other
Mining and Quarrying, up 7.9% and Wholesale and Retail Trade, up 7.3%.
The Total GDP in current prices for Timor-Leste
in 2012 was $5,579 Million with the oil sector accounting for 77.2% and the
non-oil sector accounting for 22.8% of the total GDP, an increase in the
proportion of the non-oil contribution to GDP compared to 2011 figures.
in 2012 was $5,579 Million with the oil sector accounting for 77.2% and the
non-oil sector accounting for 22.8% of the total GDP, an increase in the
proportion of the non-oil contribution to GDP compared to 2011 figures.
Timor-Leste’s National Accounts 2000-2012 are
available for download at the website of the General Directorate of Statistics
[http://www.dne.mof.gov.tl].
available for download at the website of the General Directorate of Statistics
[http://www.dne.mof.gov.tl].
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