Country Report Uzbekistan June 2011

Outlook for 2011-12: Forecast summary

Forecast summary
(% unless otherwise indicated)
 2009a2010a2011b2012b
Real GDP growth8.1c8.5c8.68.7
Consumer price inflationd (av)14.115.016.014.0
Consumer price inflationd (end-period)10.616.017.314.0
Government balance (% of GDP)0.2c0.3c-0.2-0.3
Exports of goods fob (US$ m)10,73512,01013,54012,760
Imports of goods fob (US$ m)-9,023-8,030-8,190-8,400
Current-account balance (US$ m)3,5455,8437,4546,269
Current-account balance (% of GDP)10.815.016.412.0
External debt (year-end; US$ bn)3.83.94.04.1
Exchange rate Som:US$ (av)1,467c1,587c1,7171,844
Exchange rate Som:US$ (end-period)1,510c1,638c1,7851,896
Exchange rate Som:€ (av)2,043c2,104c2,3472,329
Exchange rate Som:€ (end-period)2,164c2,224c2,3472,313
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual. d The data are based on the IMF's inflation measure.

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