Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growth | 7.3 | 5.2 | 5.7 | 5.6 | 5.5 | 5.7 |
Gross agricultural production growth | -0.5 | 3.3 | 1.3 | 3.0 | 2.2 | 3.0 |
Unemployment rate (av) | 7.3 | 7.2 | 7.0 | 6.8 | 6.6 | 6.3 |
Consumer price inflation (av) | 3.8 | 5.3 | 4.6 | 4.7 | 4.6 | 4.7 |
91-day Treasury-bill rate | 4.0c | 4.5 | 4.8 | 5.1 | 5.1 | 5.0 |
Government balance (% of GDP) | -3.7 | -2.8 | -2.6 | -2.5 | -2.3 | -2.2 |
Exports of goods fob (US$ bn) | 52.2c | 58.0 | 65.6 | 72.6 | 80.9 | 90.8 |
Imports of goods fob (US$ bn) | 61.8c | 73.1 | 80.5 | 88.8 | 98.6 | 109.6 |
Current-account balance (US$ bn) | 9.7c | 7.4 | 8.8 | 9.1 | 9.5 | 10.5 |
Current-account balance (% of GDP) | 5.2c | 3.2 | 3.5 | 3.2 | 3.0 | 3.0 |
External debt (year-end; US$ bn) | 63.7c | 63.8 | 62.9 | 62.6 | 62.6 | 63.1 |
Exchange rate P:US$ (av) | 45.11 | 43.35 | 43.90 | 43.48 | 42.95 | 42.45 |
Exchange rate P:US$ (end-period) | 43.89 | 43.63 | 43.69 | 43.21 | 42.70 | 42.20 |
Exchange rate P:¥100 (av) | 51.33 | 53.19 | 54.20 | 53.68 | 52.30 | 50.84 |
Exchange rate P:€ (end-period) | 59.60 | 54.97 | 53.30 | 52.29 | 53.16 | 54.39 |
a Actual. b Economist Intelligence Unit forecasts. c Economist Intelligence Unit estimates. |
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