Forecast summary | ||||
(% unless otherwise indicated) | ||||
2009a | 2010a | 2011b | 2012b | |
Real GDP growth | 3.0 | 4.3 | 4.4 | 4.0 |
Gross agricultural production growth | 8.8 | -1.5 | 0.5 | 3.2 |
Unemployment rate (av) | 7.3 | 7.8 | 7.4 | 7.2 |
Consumer price inflation (av) | 2.5 | 2.9 | 7.6 | 5.2 |
Short-term interbank rate | 19.3 | 19.3 | 20.3 | 20.8 |
Government balance (% of GDP)c | -2.9 | -4.6d | -4.2 | -4.4 |
Exports of goods fob (US$ m) | 1,942 | 2,237 | 2,584 | 2,681 |
Imports of goods fob (US$ m) | -3,499 | -4,154 | -5,057 | -5,119 |
Current-account balance (US$ m) | -675 | -824 | -1,215 | -1,131 |
Current-account balance (% of GDP) | -7.6 | -8.5 | -10.8 | -10.0 |
External debt (year-end; US$ bn) | 3.7 | 4.7d | 5.8 | 6.1 |
Exchange rate MRs:US$ (av) | 31.96 | 30.78 | 28.94 | 31.02 |
Exchange rate MRs:US$ (end-period) | 30.29 | 30.39 | 29.87 | 32.01 |
Exchange rate MRs:¥100 (av) | 34.11 | 35.03 | 35.18 | 38.30 |
Exchange rate MRs:€ (end-period) | 43.41 | 41.27 | 39.27 | 39.05 |
a Actual. b Economist Intelligence Unit forecasts. c Fiscal years ending June 30th until 2009; from 2010 fiscal year is same as calendar year. d Economist Intelligence Unit estimates. |
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