2006a | 2007a | 2008a | 2009a | 2010a | 2011b | 2012b | |
GDP | |||||||
Nominal GDP (US$ m) | 156.6 | 186.8 | 222.3 | 192.8 | 237.8 | 281.9 | 312.0 |
Nominal GDP (M$ bn) | 574.4 | 642.0 | 740.9 | 679.7 | 766.0 | 844.8 | 908.7 |
Real GDP growth (%) | 5.8 | 6.5 | 4.7 | -1.7 | 7.2 | 5.1 | 5.5 |
Expenditure on GDP (% real change) | |||||||
Private consumption | 6.8 | 10.5 | 8.5 | 0.7 | 6.6 | 6.2 | 6.4 |
Government consumption | 5.0 | 6.6 | 10.7 | 3.1 | 0.1 | 6.1 | 3.7 |
Gross fixed investment | 7.5 | 9.4 | 0.7 | -5.6 | 9.4 | 7.1 | 6.6 |
Exports of goods & services | 6.6 | 4.1 | 1.6 | -10.4 | 9.8 | 7.5 | 8.5 |
Imports of goods & services | 8.1 | 5.9 | 2.2 | -12.3 | 14.7 | 6.7 | 9.3 |
Origin of GDP (% real change) | |||||||
Agriculture | 5.2 | 1.3 | 4.3 | 0.4 | 1.7 | 2.3 | 2.5 |
Industry | 4.5 | 3.0 | 0.7 | -7.0 | 8.6 | 4.0 | 4.2 |
Services | 7.5 | 10.3 | 7.5 | 2.6 | 6.8 | 6.3 | 6.8 |
Population and income | |||||||
Population (m) | 26.8 | 27.2 | 27.5 | 27.9 | 28.3 | 28.6 | 29.0 |
GDP per head (US$ at PPP) | 12,274 | 13,276 | 14,024c | 13,731c | 14,670c | 15,459 | 16,536 |
Fiscal indicators (% of GDP) | |||||||
Public-sector balance | -3.3 | -3.2 | -4.8 | -7.0 | -5.5c | -5.6 | -4.7 |
Public-sector debt interest payments | 2.2 | 2.0 | 1.7 | 2.1 | 2.5c | 2.7 | 2.9 |
Public-sector primary balance | -1.2 | -1.2 | -3.1 | -4.9 | -3.0c | -2.8 | -1.8 |
Net public debt | 42.2 | 41.5 | 41.4 | 53.3 | 52.2c | 53.3 | 54.5 |
Prices and financial indicators | |||||||
Exchange rate M$:US$ (end-period) | 3.53 | 3.31 | 3.46 | 3.42 | 3.08 | 2.97 | 2.93 |
Consumer prices (end-period; % change) | 3.1 | 2.3 | 4.5 | 1.0 | 2.1 | 3.6 | 3.3 |
Producer prices (av; % change) | 6.7 | 5.5 | 10.2 | -7.3 | 5.6 | 7.4 | 5.2 |
Stock of money M1 (% change) | 13.8 | 19.8 | 8.2 | 9.9 | 11.7 | 13.0 | 9.9 |
Stock of money M2 (% change) | 16.6 | 11.0 | 13.3 | 9.5 | 7.1 | 10.9 | 13.8 |
Lending interest rate (end-period; %) | 6.6 | 6.3 | 5.9 | 4.8 | 5.1 | 5.3 | 5.7 |
Current account (US$ m) | |||||||
Trade balance | 37,441 | 37,727 | 51,261 | 40,254 | 42,322c | 41,706 | 43,632 |
Goods: exports fob | 160,916 | 176,220 | 199,733 | 157,655 | 198,702c | 227,743 | 247,161 |
Goods: imports fob | -123,474 | -138,493 | -148,472 | -117,402 | -156,380c | -186,037 | -203,529 |
Services balance | -1,970 | 794 | 51 | 1,297 | 285c | 606 | 1,110 |
Income balance | -4,712 | -4,082 | -7,137 | -4,169 | -7,842c | -7,597 | -7,914 |
Current transfers balance | -4,560 | -4,668 | -5,262 | -5,580 | -6,803c | -7,609 | -8,109 |
Current-account balance | 26,200 | 29,770 | 38,914 | 31,801 | 27,962c | 27,106 | 28,719 |
External debt (US$ m) | |||||||
Debt stock | 55,026 | 61,567 | 66,182 | 58,316c | 62,119c | 69,252 | 73,815 |
Debt service paid | 7,630 | 10,436 | 8,772 | 11,506c | 10,878c | 9,467 | 8,179 |
Principal repayments | 5,269 | 7,818 | 6,258 | 9,629c | 8,828c | 7,384 | 6,198 |
Interest | 2,362 | 2,618 | 2,515 | 1,877c | 2,050c | 2,083 | 1,981 |
Debt service due | 7,630 | 10,436 | 8,772 | 11,506c | 10,878c | 9,467 | 8,179 |
International reserves (US$ m) | |||||||
Total international reserves | 82,426 | 101,313 | 91,528 | 96,713 | 106,498 | 122,893 | 133,898 |
a Actual. b Economist Intelligence Unit forecasts. c Economist Intelligence Unit estimates. | |||||||
Source: IMF, International Financial Statistics. |
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