Country Report Syria March 2011

Outlook for 2011-12: Forecast summary

Forecast summary
(% unless otherwise indicated)
 2009a2010a2011b2012b
Real GDP growth6.04.54.84.5
Oil production ('000 b/d)375.0c386.0389.9393.8
Gross agricultural production growth12.0-4.02.02.1
Consumer price inflation (av)2.6c4.4c7.12.4
Government balance (% of GDP)-3.9c-4.5-1.7-5.3
Exports of goods fob (US$ bn)10.911.913.113.4
Imports of goods fob (US$ bn)13.915.216.216.9
Current-account balance (US$ bn)-1.2-1.1-0.4-0.4
Current-account balance (% of GDP)-2.3-1.9-0.6-0.6
External debt (year-end; US$ bn)7.27.57.88.2
Exchange rate S£:US$ (av)46.7c46.446.947.0
Exchange rate S£:US$ (end-period)45.7c46.746.947.0
Exchange rate S£:¥100 (av)49.8c52.756.957.1
Exchange rate S£:€ (av)65.1c61.558.656.4
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual.

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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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