Country Report Liberia June 2011

Economic structure: Quarterly indicators

	2009				2010
	1 Qtr	2 Qtr	3 Qtr	4 Qtr	1 Qtr	2 Qtr	3 Qtr	4 Qtr
Financial indicators
Exchange rate L$:US$ (av)	64.62	67.88	71.73	68.91	71.57	70.82	72.21	72.50
Exchange rate L$:US$ (end-period)	65.50	70.50	72.00	70.50	71.50	72.25	72.50	72.50
Deposit rate (av; %)	3.8	4.3	4.2	4.2	4.1	4.1	3.3	n/a
Lending rate (av; %)	14.1	14.2	14.2	14.2	14.2	14.3	14.3	n/a
Treasury bill rate (av; %)	2.1	2.0	2.0	2.0	2.0	2.1	2.2	n/a
M1 (end-period; L$ bn)	13.7	15.5	16.8	18.3	18.2	20.3	21.6	n/a
M1 (% change, year on year)	33.9	46.0	41.3	44.2	33.7	31.1	28.9	n/a
M2 (end-period; L$ bn)	18.1	20.8	22.8	24.2	24.2	27.1	29.0	n/a
M2 (% change, year on year)	33.3	43.6	44.3	43.3	33.3	30.3	27.3	n/a
Foreign trade (US$ m)a
Exports fob	156	272	233	524	197	153	139	370
Imports fob	2,942	3,005	3,499	3,447	4,072	4,161	4,264	4,495
Trade balance	-2,786	-2,733	-3,266	-2,924	-3,875	-4,008	-4,125	-4,125
Foreign reserves (US$ m)
Reserves excl gold (end-period)	170.0	194.0	351.2	372.5	386.8	393.7	418.7	n/a
a DOTS estimates.
Sources: IMF, International Financial Statistics; Direction of Trade Statistics.

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