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TOOL · GROSS COST

How much would a basic income cost in Timor-Leste?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 910,448child population 473,838year 2023World Bank WDI

GROSS ANNUAL COST

11,015 million

in US dollars$11,014,723,200

Equal to 529.6% of reference GDP

Population covered: 1,384,286 people

Adults: 910,448 × $800 × 12 = $8,740,300,800

Children: 473,838 × $400 × 12 = $2,274,422,400

$8,740,300,800 + $2,274,422,400 = $11,014,723,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $2,079,767,200 · World Bank WDI

Currency USD · exchange rate 1.0000 USD/USD (2023)