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Country Report The Gambia January 2011
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HTMLOutlook for 2011-12: Forecast summary
| The Gambia: forecast summary | ||||
| (% unless otherwise indicated) | ||||
| 2009a | 2010a | 2011b | 2012b | |
| Real GDP growth | 5.6 | 5.6 | 5.3 | 5.5 |
| Groundnuts exports ('000 tonnes) | 20.0 | 21.6 | 25.4 | 29.4 |
| Consumer price inflation (av) | 4.6c | 5.1 | 4.7 | 4.5 |
| Lending interest rate (%) | 27.0c | 28.0 | 27.0 | 26.5 |
| Government balance (% of GDP) | -1.5 | -1.7 | -1.5 | -1.0 |
| Exports of goods fob (US$ m) | 94.8 | 108.9 | 123.9 | 142.0 |
| Imports of goods fob (US$ m) | 280.3 | 318.6 | 349.5 | 375.4 |
| Current-account balance (US$ m) | -70.6 | -107.1 | -107.2 | -105.9 |
| Current-account balance (% of GDP) | -7.3 | -10.6 | -9.0 | -8.4 |
| External debt (year-end; US$ bn) | 0.5 | 0.5 | 0.6 | 0.6 |
| Exchange rate D:US$ (av) | 26.64c | 28.13 | 29.75 | 30.88 |
| Exchange rate D:¥100 (av) | 28.43c | 31.97 | 36.10 | 37.48 |
| Exchange rate D:€ (av) | 37.12c | 37.24 | 37.19 | 37.05 |
| Exchange rate D:SDR (av) | 41.26c | 43.11 | 45.09 | 46.05 |
| a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual. | ||||
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