Country Report Maldives July 2019

Outlook for 2019-20: International assumptions

International assumptions summary
(% unless otherwise indicated)
 2017201820192020
GDP growth
World3.12.92.52.5
US2.22.92.21.7
China6.86.66.36.1
EU282.62.01.41.5
Exchange rates
US$ effective (2000=100)114.1113.0116.1114.7
¥:US$112.1110.4110.0108.7
US$:€1.131.181.131.18
Financial indicators
US$ 3-month commercial paper rate1.072.052.452.21
¥ 3-month money market rate0.040.110.060.06
Commodity prices
Oil (Brent; US$/b)54.471.168.062.0
Gold (US$/troy oz)1,257.61,269.21,311.11,348.8
Food, feedstuffs & beverages (% change in US$ terms)-1.01.6-4.34.4
Industrial raw materials (% change in US$ terms)20.22.2-4.63.1
Note. GDP growth rates are at market exchange rates.

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