Country Report Zambia April 2010

Outlook for 2010-11: Forecast summary

Forecast summary
(% unless otherwise indicated)
 2008a2009b2010c2011c
Real GDP growth5.76.36.86.4
Gross industrial growth4.111.012.48.8
Gross agricultural production growth2.67.13.04.5
Consumer price inflation (av)12.413.4a10.09.3
Consumer price inflation (year-end)16.69.9a9.610.0
Short-term interbank rate19.122.1a19.218.5
Government balance (% of GDP)-1.5-3.5-2.7-2.4
Exports of goods fob (US$ m)4,957.04,375.06,118.36,874.2
Imports of goods fob (US$ m)4,555.03,735.14,706.25,412.2
Current-account balance (US$ m)-618.9-102.1-53.8-201.3
Current-account balance (% of GDP)-4.2-0.8-0.3-1.0
External debt (year-end; US$ bn)3.1b3.33.53.8
Exchange rate ZK:US$ (av)3,7465,046a4,5154,615
Exchange rate ZK:¥100 (av)3,6245,385a4,9685,128
Exchange rate ZK:€ (av)5,5067,029a6,1636,426
Exchange rate ZK:SDR (av)5,9527,815a6,9477,194
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts.

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Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information
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