Other Information

Prices

Annual Average Rate of Change of the Consumer Price Index (IPC), 2009 to 2019

Year Total Total (except housing price)
2019 0.9 1.4
2018 2.3 2.6
2017 0.6 0.6
2016 -1.3 -1.7
2015 -0.6 -0.8
2014 2.1 0.7
2013 4.0 4.2
2012 11.8 12.2
2011 15.5 14.2
2010 6.8 7.1
2009 0.7 0.3

Source: Directorate General of Statistics – Dili in Numbers 2019


Labour

With one of the lowest minimum wage rates in the world (US $115/month), Timor-Leste presents an attractive business environment for any investor looking to employ local workers. Timor-Leste has nearly 300,000 people active in the workforce (mainly agriculture), which is expected to increase over the next few years.


The country has an established labour code with clear guidelines for employers and the following labour laws apply:

Fixed Term Contracts Max 3 years
Probationary Periods Contract (Max 8-15 days) and Permanent (1-3 months)
Work Time Max 8 hours/week or 44 days/week. Overtime rates apply
Annual Leave Min 12 days/year + 3 days special leave (bereavement etc.)
National Holidays 17/calendar year
Remuneration Fixed or variable (performance) paid by cash, cheque, bank transfer
Employment Termination 30 days notice
Parenthood Leave Min 12 weeks (female), 5 days (male)
Minimum Work Age 15 years
Medical Tests Requires written consent of job applicant or employee
Foreign Workers Any citizen who is not a Timorese national but work/lives in Timor

 

Source: TradeInvest Timor-Leste, Labour