2006a | 2007a | 2008a | 2009a | 2010b | 2011c | 2012c | |
GDP | |||||||
Nominal GDP (US$ bn) | 117.2 | 135.1 | 171.4 | 137.9 | 151.1 | 168.5 | 187.4 |
Nominal GDP (AD bn) | 8,515 | 9,363 | 11,069 | 10,018 | 11,241 | 12,890 | 13,460 |
Real GDP growth (%) | 1.8 | 3.1 | 4.5b | 2.1b | 4.1 | 3.7 | 4.2 |
Expenditure on GDP (% real change) | |||||||
Private consumption | 4.0b | 5.7b | 12.4b | 3.5b | 4.1 | 3.1 | 3.8 |
Government consumption | 4.8 | 7.1 | 8.8b | 10.4b | 11.2 | 15.0 | 10.0 |
Gross fixed investment | 7.2 | 9.8 | 8.1b | 5.0b | 7.0 | 7.1 | 6.0 |
Exports of goods & services | -2.4 | -0.6 | 4.3b | 0.3b | 0.5 | 0.5 | 3.8 |
Imports of goods & services | -1.8 | 7.6 | 15.0b | 8.2b | 7.6 | 9.7 | 12.2 |
Origin of GDP (% real change) | |||||||
Agriculture | 1.8b | 1.0b | 1.9b | 4.8b | 3.0 | 2.2 | 2.2 |
Industry | 0.9b | 1.7b | 3.1b | 1.1b | 4.8 | 4.7 | 5.8 |
Services | 2.1b | 7.7b | 7.1b | 2.5b | 3.2 | 2.5 | 2.2 |
Population and income | |||||||
Population (m) | 33.5 | 34.2 | 34.7 | 35.4 | 35.9 | 36.3 | 36.8 |
GDP per head (US$ at PPP) | 7,281b | 7,569b | 7,967b | 8,047b | 8,371 | 8,759 | 9,261 |
Recorded unemployment (av; %) | 12.3 | 13.8 | 11.3 | 10.2 | 10.0a | 9.9 | 9.4 |
Fiscal indicators (% of GDP) | |||||||
Public-sector balance | 13.9 | 6.1 | 9.0 | -5.5 | -3.0 | -2.0 | -1.9 |
Public-sector debt interest payments | 0.8 | 0.9 | 0.6 | 0.4 | 0.3 | 0.3 | 0.3 |
Public debt | 21.7 | 11.8 | 6.6 | 8.1 | 8.4 | 8.0 | 8.1 |
Prices and financial indicators | |||||||
Exchange rate AD:US$ (av) | 72.65 | 69.29 | 64.58 | 72.65 | 74.39a | 76.50 | 71.81 |
Exchange rate AD:€ (av) | 91.22 | 94.84 | 94.94 | 101.20 | 98.62a | 100.02 | 89.76 |
Consumer prices (av; %) | 2.5 | 3.5 | 1.8 | 5.7 | 3.9a | 4.8 | 4.6 |
Stock of money M1 (% change) | 31.0 | 33.7 | 17.3 | -0.4 | 14.8a | 23.5 | 11.6 |
Stock of money M2 (% change) | 20.1 | 20.5 | 16.0 | 3.1 | 14.3a | 17.4 | 11.5 |
Lending interest rate (end-period; %) | 8.0 | 8.0 | 8.0 | 8.0 | 8.0a | 8.0 | 8.0 |
Current account (US$ m) | |||||||
Trade balance | 34,060 | 34,240 | 40,600 | 7,780 | 17,766 | 25,390 | 22,381 |
Goods: exports fob | 54,740 | 60,590 | 78,590 | 45,180 | 56,050 | 71,850 | 74,545 |
Goods: imports fob | -20,680 | -26,350 | -37,990 | -37,400 | -38,284 | -46,460 | -52,164 |
Services balance | -2,200 | -4,090 | -7,590 | -8,690 | -10,213 | -13,565 | -16,531 |
Income balance | -4,520 | -1,830 | -1,340 | -1,310 | -3,365 | -1,956 | -1,893 |
Current transfers balance | 1,610 | 2,220 | 2,780 | 2,630 | 1,037 | 1,072 | 1,099 |
Current-account balance | 28,950 | 30,540 | 34,450 | 410 | 5,224 | 10,941 | 5,056 |
External debt (US$ m) | |||||||
Debt stock | 5,722 | 5,794 | 5,825 | 5,345b | 4,075 | 4,510 | 4,970 |
Debt service paid | 13,417 | 1,394 | 1,279 | 1,517b | 1,254 | 1,159 | 1,099 |
Principal repayments | 12,792 | 1,159 | 1,085 | 1,409b | 1,160 | 1,037 | 972 |
Interest | 626 | 235 | 194 | 109b | 94 | 122 | 126 |
Debt service due | 5,417 | -106 | 279 | 1,517b | 1,254 | 1,159 | 1,099 |
International reserves (US$ m) | |||||||
Total international reserves | 78,208 | 110,627 | 143,544 | 149,347 | 162,915a | 192,695 | 210,850 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. | |||||||
Source: IMF, International Financial Statistics. |
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