Economy
Human development indicators place Timor-Leste
among the 10 poorest countries on earth. It has a per capita GDP
of approximately US$ 478, which is slightly more than half of the
GDP of Rwanda. While significantly better than Rwanda's (at 40),
life expectancy of 57 to 58 years puts Timor-Leste on par with countries
such as the Democratic Republic of Congo and Eritrea.
Maternal mortality rates are similar to those in Cambodia and Madagascar.
Available data show that more than 40% of the population live below
the poverty line of US$ 0.55 per day, with significant variations
between districts. Commercially produced crops include coffee, coconuts,
cloves, and cacao. The rural population still practices shifting
cultivation. Commercial forestry is viable in some areas. Oil exploration
indicates that there are good prospects for revenue from oil.
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