Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growth | 3.3 | -24.6 | 15.9 | 6.7 | 7.5 | 4.4 |
Oil production ('000 b/d) | 1,550c | 600 | 1,100 | 1,260 | 1,474 | 1,561 |
Oil exports (US$ bn) | 45.0 | 20.7 | 36.4 | 38.2 | 42.4 | 44.2 |
Consumer price inflation (av) | 2.5 | 6.8 | 5.2 | 2.7 | 3.1 | 3.2 |
Consumer price inflation (end-period) | 4.0 | 9.0 | 1.8 | 3.2 | 3.1 | 3.2 |
Deposit rate | 2.5 | 3.0 | 3.5 | 4.0 | 4.0 | 4.0 |
Government balance (% of GDP) | 8.7 | -25.4 | -1.1 | 2.5 | 8.0 | 10.6 |
Exports of goods fob (US$ bn) | 46.3 | 22.0 | 37.8 | 39.6 | 43.9 | 45.8 |
Imports of goods fob (US$ bn) | 24.6 | 20.2 | 22.0 | 23.0 | 24.2 | 25.4 |
Current-account balance (US$ bn) | 16.2 | 1.2 | 13.8 | 14.7 | 17.6 | 17.7 |
Current-account balance (% of GDP) | 20.3 | 2.1 | 17.7 | 18.0 | 19.7 | 18.4 |
External debt (end-period; US$ bn) | 6.4 | 6.1 | 6.8 | 6.8 | 6.7 | 6.6 |
Exchange rate LD:US$ (av) | 1.26c | 1.23 | 1.25 | 1.28 | 1.28 | 1.26 |
Exchange rate LD:US$ (end-period) | 1.23c | 1.25 | 1.26 | 1.28 | 1.27 | 1.26 |
Exchange rate LD:€ (av) | 1.67c | 1.68 | 1.62 | 1.57 | 1.57 | 1.61 |
Exchange rate LD:¥100 (av) | 1.43c | 1.50 | 1.55 | 1.58 | 1.56 | 1.51 |
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual. |
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