Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growth | 3.4c | 0.8 | 3.3 | 3.6 | 3.9 | 4.1 |
Industrial production growth | 7.8 | 0.0 | 3.0 | 3.2 | 3.3 | 3.4 |
Gross agricultural production growth | -7.9c | 1.0 | 2.5 | 2.5 | 2.5 | 2.5 |
Unemployment rate (av) | 13.0 | 16.6 | 15.9 | 14.9 | 13.5 | 13.2 |
Consumer price inflation (av) | 4.4 | 5.3 | 4.7 | 4.0 | 3.5 | 3.3 |
Consumer price inflation (end-period) | 4.0 | 5.4 | 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) | -4.3c | -9.2 | -5.7 | -4.2 | -3.3 | -3.1 |
Exports of goods fob (US$ bn) | 16.7c | 17.9 | 18.9 | 20.8 | 23.4 | 28.0 |
Imports of goods fob (US$ bn) | 20.3c | 23.7 | 22.8 | 23.6 | 26.6 | 31.6 |
Current-account balance (US$ bn) | -0.6c | -4.8 | -2.4 | 0.0 | 0.2 | 0.4 |
Current-account balance (% of GDP) | -1.5c | -10.3 | -4.8 | 0.0 | 0.3 | 0.6 |
External debt (end-period; US$ bn) | 21.5c | 25.4 | 26.9 | 26.7 | 26.3 | 27.9 |
Exchange rate TD:US$ (av) | 1.43 | 1.41 | 1.40 | 1.30 | 1.29 | 1.29 |
Exchange rate TD:US$ (end-period) | 1.44 | 1.40 | 1.34 | 1.34 | 1.29 | 1.29 |
Exchange rate TD:€ (av) | 1.90 | 1.93 | 1.77 | 1.57 | 1.59 | 1.65 |
Exchange rate TD:€ (end-period) | 1.95 | 1.84 | 1.64 | 1.62 | 1.61 | 1.67 |
a Actual. b Economist Intelligence Unit forecasts. c Economist Intelligence Unit estimates. |
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