Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growth | 2.8 | 3.7 | 4.8 | 3.8 | 3.6 | 4.0 |
Gross agricultural production growth | 3.5 | 4.0 | 3.7 | 3.3 | 3.5 | 3.2 |
Consumer price inflation (av) | 4.4 | 4.5 | 5.3 | 4.8 | 4.5 | 4.8 |
Consumer price inflation (end-period) | 3.5 | 5.2 | 5.7 | 4.4 | 4.3 | 4.9 |
Lending rate (av) | 9.8 | 9.2 | 9.7 | 10.1 | 10.5 | 10.5 |
Government balance (% of GDP) | -5.3 | -4.6 | -4.0 | -3.2 | -3.1 | -2.7 |
Exports of goods fob (US$ bn) | 85.3 | 78.8 | 80.3 | 82.9 | 85.2 | 87.6 |
Imports of goods fob (US$ bn) | 84.3 | 80.6 | 82.5 | 85.3 | 86.1 | 88.3 |
Current-account balance (US$ bn) | -14.2 | -21.1 | -22.6 | -21.0 | -17.3 | -14.8 |
Current-account balance (% of GDP) | -3.9 | -5.6 | -6.2 | -5.8 | -4.6 | -3.8 |
External debt (end-period; US$ bn) | 45.5 | 47.0 | 48.6 | 47.1 | 45.2 | 43.6 |
Exchange rate R:US$ (av) | 7.32 | 7.64 | 8.37 | 9.01 | 9.30 | 9.50 |
Exchange rate R:US$ (end-period) | 6.59 | 8.05 | 8.75 | 9.25 | 9.40 | 9.60 |
Exchange rate R:¥100 (av) | 8.36 | 9.27 | 10.16 | 11.12 | 11.32 | 11.38 |
Exchange rate R:€ (end-period) | 8.82 | 9.65 | 10.41 | 10.82 | 10.95 | 11.26 |
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. |
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