Timor-Leste
Timor-Leste Economy
The Timor Leste economy with approximately 1.2 million population (Est 2013) ranks 116th in the world with a GDP PPP of 25.8 billion and GDP PPP per capita of 21,705 vs 53,101 (United States) according to the IMF in 2013.
The nationwide currency is the United States Dollar (USD). Major bank websites offer products in both English as well as Portuguese with offerings for savings accounts and term deposits (Depósito a Prazo). According to CIA.gov its inflation was 4.5% in 2013 and 11.8% in 2012.