2006a | 2007a | 2008a | 2009a | 2010b | 2011c | 2012c | |
GDP | |||||||
Nominal GDP (US$ m) | 36,804 | 41,901 | 60,566 | 46,865 | 55,082 | 62,964 | 66,205 |
Nominal GDP (OR m) | 14,151 | 16,111 | 23,288 | 18,020 | 21,179 | 24,210 | 25,456 |
Real GDP growth (%) | 5.5 | 6.7 | 12.8 | 1.1 | 4.5 | 4.7 | 5.0 |
Expenditure on GDP (% real change) | |||||||
Private consumption | 9.7 | 23.5 | 23.9 | -1.9 | 0.3 | 5.0 | 5.7 |
Government consumption | 5.0 | 5.8 | 3.5 | 7.6 | 2.0 | 10.0 | 6.5 |
Gross fixed investment | 14.0 | 36.9 | 28.0 | -8.5 | 3.5 | 6.0 | 7.2 |
Exports of goods & services | -1.0 | 6.2 | 4.7 | 4.1 | 4.8 | 9.4 | 4.8 |
Imports of goods & services | 12.5 | 35.4 | 19.8 | -10.3 | 20.0 | 12.0 | 7.6 |
Origin of GDP (% real change) | |||||||
Agriculture | -4.6 | 4.6 | 7.2 | 3.6 | 1.6 | 1.6 | 2.6 |
Industry | -1.7 | 3.6 | 11.5 | 6.1 | 4.6 | 5.1 | 5.5 |
Services | 12.2 | 9.3 | 14.2 | -1.6 | -1.2 | 4.4 | 4.5 |
Population and income | |||||||
Population (m) | 2.58 | 2.74 | 2.87 | 3.17 | 3.29 | 3.43 | 3.58 |
GDP per head (US$ at PPP) | 21,639 | 22,360 | 24,640 | 22,714 | 23,160 | 23,786 | 24,539 |
Fiscal indicators (% of GDP) | |||||||
Public-sector revenued | 35.2 | 36.7 | 32.8 | 37.5 | 37.6 | 37.2 | 36.1 |
Public-sector expenditure | 34.9 | 36.5 | 32.4 | 41.2 | 36.2 | 35.1 | 35.4 |
Public-sector balanced | 0.3 | 0.2 | 0.4 | -3.8 | 1.4 | 2.1 | 0.7 |
Net public debt | 3.8 | 3.1b | 2.6b | 5.4b | 4.1 | 3.7 | 3.5 |
Prices and financial indicators | |||||||
Exchange rate OR:US$ (end-period) | 0.385 | 0.385 | 0.385 | 0.385 | 0.385a | 0.385 | 0.385 |
Exchange rate €:OR (end-period) | 0.483 | 0.526 | 0.565 | 0.536 | 0.510a | 0.503 | 0.481 |
Stock of money M1 (% change) | 8.9 | 45.5 | 4.1 | 18.5 | 21.6a | 14.8 | 17.8 |
Stock of money M2 (% change) | 24.5 | 34.7 | 23.3 | 4.7 | 11.3a | 8.9 | 12.7 |
Lending interest rate (end-period; %) | 7.4 | 7.3 | 7.1 | 7.4 | 7.2 | 7.3 | 7.4 |
Current account (US$ m) | |||||||
Trade balance | 11,707 | 10,349 | 17,012 | 11,600 | 15,843 | 20,441 | 17,653 |
Goods: exports fob | 21,587 | 24,692 | 37,719 | 27,652 | 35,158 | 43,430 | 42,475 |
Goods: imports fob | -9,880 | -14,343 | -20,707 | -16,052 | -19,315 | -22,989 | -24,822 |
Services balance | -2,592 | -3,411 | -4,050 | -3,763 | -5,157 | -6,442 | -6,263 |
Income balance | -666 | -804 | -2,761 | -2,810 | -3,409 | -3,748 | -3,327 |
Current transfers balance | -2,788 | -3,670 | -5,181 | -5,313 | -5,324 | -5,431 | -5,566 |
Current-account balance | 5,661 | 2,464 | 5,020 | -286 | 1,953 | 4,820 | 2,497 |
External debt (US$ m) | |||||||
Debt stock | 4,819 | 5,962b | 7,779b | 7,169b | 8,211 | 9,253 | 9,830 |
Debt service paid | 310 | 626b | 541b | 480b | 469 | 553 | 631 |
Principal repayments | 139 | 406b | 256b | 206b | 152 | 150 | 200 |
Interest | 171 | 220b | 285b | 274b | 317 | 403 | 431 |
Debt service due | 310 | 626b | 541b | 480b | 469 | 553 | 631 |
International reserves (US$ m) | |||||||
Total international reserves | 5,014 | 9,524 | 11,582 | 12,204 | 13,025a | 14,224 | 15,424 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. d Excludes State General Reserve Fund operations. | |||||||
Source: IMF, International Financial Statistics. |
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