Despite its size, Timor-Leste achieved rapid growth, reaching 3.9% in 2022 outpacing East Asia and Pacific (3.4%) and global GDP growth (3.0%). Growth is projected at 3.5% in 2024.
Preferential market access to +2bn people in 56 countries with world class port infrastructure
2nd most competitive salary in Southeast Asia (US$115/month), with 66% of its population under 30 years old surpassing East Asia & Pacific (40%) & World average (49%)
Lowest taxes in Southeast Asia (10% income tax), with incentives such as full tax exemptions for up to 10 years, legal stability agreements, and preferential land leasing for investors
2nd most democratic and 4th best in political stability & absence of violence in Southeast Asia