Timor-Leste’s economy is forecast to contract by 6.8 percent in 2020 – the sharpest fall since the country’s independence in 2002 – due to the impact of COVID-19 and delays in the approval of the 2020 state budget.
The Timor-Leste Economic Report provides an up-to-date assessment of key economic developments, presents the World Bank's forecasts and outlook for Timor-Leste and provides an in-depth examination of selected policy issues relevant to Timor-Leste.