Timor-Leste’s natural resources include gold, petroleum, natural gas, manganese and marble. Oil production has increased significantly since 2005 with the advent of projects such as the Joint Petroleum Development Area that it shares with Australia. Timor-Leste is one of the world’s most extractive dependent countries with 75% of GDP in 2009 coming from government petroleum revenues. It is estimated that 89% of the government’s budget in 2011 will come from petroleum revenues.
EITI Status: Compliant
Visit Timor-Leste’s EITI Page
Sources: Revenue Watch Institute, US State Gov