Flag description: red, with a black isosceles triangle (based on the hoist side) superimposed on a slightly longer yellow arrowhead that extends to the center of the flag; there is a white star in the center of the black triangle

Economy East Timor

Economy - overview: In late 1999, about 70% of the economic infrastructure of East Timor was laid waste by Indonesian troops and anti-independence militias, and 260,000 people fled westward. Over the next three years, however, a massive international program, manned by 5,000 peacekeepers (8,000 at peak) and 1,300 police officers, led to substantial reconstruction in both urban and rural areas. By mid-2002, all but about 50,000 of the refugees had returned. The country faces great challenges in continuing the rebuilding of infrastructure and the strengthening of the infant civil administration. One promising long-term project would be development of oil resources in nearby waters.

GDP: purchasing power parity - $415 million (2001 est.)

GDP - real growth rate: 18% (2001 est.)

GDP - per capita: purchasing power parity - $500 (2001 est.)

GDP - composition by sector: agriculture: 25.4% industry: 17.2% services: 57.4% (2001)

Population below poverty line: 42% (2002 est.)

Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%

Distribution of family income - Gini index: 38