Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growth | 3.4 | 2.0 | 3.3 | 3.6 | 3.9 | 4.1 |
Industrial production growth | 3.6 | 0.6 | 3.0 | 3.2 | 3.3 | 3.4 |
Gross agricultural production growth | -1.0 | 1.0 | 2.5 | 2.5 | 2.5 | 2.5 |
Unemployment rate (av) | 13.0c | 14.1 | 14.0 | 13.7 | 13.5 | 14.3 |
Consumer price inflation (av) | 4.4 | 4.9 | 5.2 | 4.0 | 3.5 | 3.3 |
Consumer price inflation (end-period) | 4.0 | 3.6 | 3.5 | 3.4 | 3.4 | 3.4 |
Money market rate | 4.4 | 5.0 | 5.5 | 5.5 | 6.0 | 6.0 |
Government balance (% of GDP) | -5.0 | -9.4 | -6.5 | -5.1 | -4.1 | -3.8 |
Exports of goods fob (US$ bn) | 16.7 | 14.9 | 16.3 | 18.0 | 21.0 | 26.0 |
Imports of goods fob (US$ bn) | 20.2 | 19.9 | 21.7 | 24.2 | 27.9 | 32.6 |
Current-account balance (US$ bn) | -0.9 | -3.4 | -3.2 | -3.0 | -3.0 | -2.0 |
Current-account balance (% of GDP) | -2.3 | -8.6 | -7.3 | -6.4 | -6.0 | -3.8 |
External debt (end-period; US$ bn) | 21.4 | 22.0 | 21.6 | 22.1 | 21.6 | 23.6 |
Exchange rate TD:US$ (av) | 1.43 | 1.45 | 1.44 | 1.40 | 1.39 | 1.39 |
Exchange rate TD:US$ (end-period) | 1.44 | 1.44 | 1.41 | 1.44 | 1.39 | 1.39 |
Exchange rate TD:€ (av) | 1.90 | 1.81 | 1.72 | 1.66 | 1.62 | 1.63 |
Exchange rate TD:€ (end-period) | 1.93 | 1.73 | 1.68 | 1.68 | 1.62 | 1.64 |
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual. |
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