Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growth | 3.4 | 0.8 | 3.3 | 3.6 | 3.9 | 4.1 |
Industrial production growth | 7.8c | 0.0 | 3.0 | 3.2 | 3.3 | 3.4 |
Gross agricultural production growth | -7.3 | 1.0 | 2.5 | 2.5 | 2.5 | 2.5 |
Unemployment rate (av) | 13.0c | 16.6 | 15.9 | 14.9 | 13.5 | 13.2 |
Consumer price inflation (av) | 4.4c | 5.3 | 4.7 | 4.0 | 3.5 | 3.3 |
Consumer price inflation (end-period) | 4.0 | 3.6 | 3.5 | 3.4 | 3.4 | 3.4 |
Money market rate | 4.4 | 5.0 | 5.5 | 5.5 | 6.0 | 6.0 |
Government balance (% of GDP) | -5.0 | -9.5 | -6.5 | -5.1 | -4.2 | -3.9 |
Exports of goods fob (US$ bn) | 16.8 | 16.0 | 17.1 | 18.8 | 21.3 | 26.1 |
Imports of goods fob (US$ bn) | 20.3 | 22.5 | 24.3 | 27.0 | 30.8 | 35.4 |
Current-account balance (US$ bn) | -0.9 | -5.7 | -5.9 | -5.9 | -6.3 | -5.6 |
Current-account balance (% of GDP) | -2.4 | -14.2 | -13.7 | -12.6 | -12.6 | -10.6 |
External debt (end-period; US$ bn) | 21.5 | 22.4 | 22.5 | 22.3 | 21.4 | 22.9 |
Exchange rate TD:US$ (av) | 1.43c | 1.43 | 1.41 | 1.38 | 1.37 | 1.37 |
Exchange rate TD:US$ (end-period) | 1.44c | 1.42 | 1.39 | 1.42 | 1.37 | 1.37 |
Exchange rate TD:€ (av) | 1.90c | 1.95 | 1.83 | 1.69 | 1.68 | 1.75 |
Exchange rate TD:€ (end-period) | 1.95c | 1.87 | 1.76 | 1.71 | 1.71 | 1.77 |
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual. |
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