Forecast summary | ||||
(% unless otherwise indicated) | ||||
2009a | 2010a | 2011b | 2012b | |
Real GDP growth | -5.4 | 7.5 | 6.3 | 6.0 |
Industrial production growth | -19.9 | 18.9 | 8.2 | 6.6 |
Gross fixed investment growth | 4.9 | 13.0 | 7.6 | 8.0 |
Consumer price inflation (av) | 8.1c | 7.0c | 7.5 | 6.3 |
Consumer price inflation (end-period) | 5.8c | 7.4c | 7.7 | 6.0 |
Commercial bank prime rate (av) | 13.8c | 10.8 | 11.3 | 11.8 |
Government balance (% of GDP)d | -10.3 | -9.7 | -6.3 | -1.9 |
Exports of goods fob (US$ m) | 3,337 | 4,690 | 5,286 | 5,682 |
Imports of goods fob (US$ m) | -4,091 | -4,826 | -5,216 | -5,319 |
Current-account balance (US$ m) | -526 | -341 | 1 | 540 |
Current-account balance (% of GDP) | -4.3 | -2.3 | 0.0 | 3.1 |
External debt (year-end; US$ m) | 1,680 | 2,504 | 2,604 | 2,570 |
Exchange rate P:US$ (av) | 7.16c | 6.79c | 6.98 | 7.57 |
Exchange rate P:¥100 (av) | 7.64c | 7.73c | 8.51 | 9.35 |
Exchange rate P:€ (end-period) | 9.56c | 8.69c | 8.87 | 9.26 |
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual. d Fiscal years April-March. |
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