2006a | 2007a | 2008a | 2009b | 2010b | 2011c | 2012c | |
GDP | |||||||
Nominal GDP (US$ bn) | 117.2 | 135.1 | 171.4b | 137.9 | 151.7 | 161.9 | 189.0 |
Nominal GDP (AD bn) | 8,515 | 9,363 | 11,069b | 10,018 | 11,398 | 12,388 | 13,572 |
Real GDP growth (%) | 1.8 | 3.1 | 3.6b | 2.2 | 3.9 | 3.5 | 4.1 |
Expenditure on GDP (% real change) | |||||||
Private consumption | 4.0b | 5.7b | 9.6b | 3.5 | 3.6 | 3.6 | 4.9 |
Government consumption | 4.8 | 7.1 | 8.8b | 10.4 | 11.2 | 12.0 | 6.0 |
Gross fixed investment | 7.2 | 9.8 | 8.1b | 5.0 | 7.0 | 7.1 | 6.0 |
Exports of goods & services | -2.4 | -0.6 | 3.8b | 0.7 | 0.2 | 1.3 | 3.4 |
Imports of goods & services | -1.8 | 7.6 | 14.1b | 8.5 | 7.5 | 10.2 | 9.3 |
Origin of GDP (% real change) | |||||||
Agriculture | 1.8b | 1.0b | 1.9b | 4.8 | 3.0 | 2.2 | 2.2 |
Industry | 0.9b | 1.7b | 3.1b | 1.1 | 4.8 | 4.7 | 5.8 |
Services | 2.1b | 7.7b | 4.5b | 2.8 | 2.6 | 1.8 | 2.0 |
Population and income | |||||||
Population (m) | 33.5 | 34.2 | 34.7 | 35.4a | 35.9 | 36.3 | 36.8 |
GDP per head (US$ at PPP) | 7,281b | 7,569b | 7,894b | 7,983 | 8,224 | 8,561 | 8,991 |
Recorded unemployment (av; %) | 12.3 | 13.8 | 11.3 | 10.2a | 9.9 | 10.0 | 9.4 |
Fiscal indicators (% of GDP) | |||||||
Public-sector balance | 13.9 | 6.2 | 9.0b | -5.4 | -1.9 | -1.1 | -2.8 |
Public-sector debt interest payments | 0.8 | 0.9 | 0.6b | 0.4 | 0.3 | 0.3 | 0.4 |
Public debt | 21.7 | 11.8 | 6.6b | 8.1 | 7.3 | 6.4 | 7.1 |
Prices and financial indicators | |||||||
Exchange rate AD:US$ (av) | 72.65 | 69.29 | 64.58 | 72.65a | 75.13 | 76.50 | 71.81 |
Exchange rate AD:€ (av) | 91.22 | 94.84 | 94.94 | 101.20a | 99.46 | 95.63 | 86.17 |
Consumer prices (av; %) | 2.5 | 3.5 | 4.4 | 5.7a | 4.4 | 4.2 | 4.3 |
Stock of money M1 (% change) | 31.0 | 33.7 | 17.3 | -0.3a | 10.7 | 14.2 | 14.4 |
Stock of money M2 (% change) | 20.1 | 20.5 | 16.0 | 3.2a | 6.2 | 15.7 | 14.4 |
Lending interest rate (end-period; %) | 8.0 | 8.0 | 8.0 | 8.0a | 8.0 | 8.0 | 8.0 |
Current account (US$ m) | |||||||
Trade balance | 34,060 | 34,240 | 40,600 | 7,780a | 19,369 | 20,853 | 25,073 |
Goods: exports fob | 54,740 | 60,590 | 78,590 | 45,180a | 55,830 | 59,253 | 66,509 |
Goods: imports fob | -20,680 | -26,350 | -37,990 | -37,400a | -36,461 | -38,400 | -41,436 |
Services balance | -2,200 | -4,090 | -7,590 | -8,690a | -10,221 | -11,755 | -13,834 |
Income balance | -4,520 | -1,830 | -1,340 | -1,310a | -3,544 | -4,208 | -4,900 |
Current transfers balance | 1,610 | 2,220 | 2,780 | 2,630a | 1,041 | 1,030 | 1,108 |
Current-account balance | 28,950 | 30,540 | 34,450 | 410a | 6,646 | 5,920 | 7,447 |
External debt (US$ m) | |||||||
Debt stock | 5,721 | 5,757 | 5,476 | 4,907 | 3,836 | 3,719 | 3,688 |
Debt service paid | 13,417 | 1,394 | 1,279 | 1,517 | 1,254 | 1,158 | 1,060 |
Principal repayments | 12,792 | 1,159 | 1,085 | 1,409 | 1,160 | 1,036 | 992 |
Interest | 626 | 235 | 194 | 109 | 94 | 122 | 68 |
Debt service due | 5,417 | -106 | 279 | 1,517 | 1,254 | 1,158 | 1,060 |
International reserves (US$ m) | |||||||
Total international reserves | 78,208 | 110,627 | 143,544 | 149,347a | 152,264 | 155,638 | 164,688 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. | |||||||
Source: IMF, International Financial Statistics. |
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