2008 | 2009 | 2010 | ||||||
4 Qtr | 1 Qtr | 2 Qtr | 3 Qtr | 4 Qtr | 1 Qtr | 2 Qtr | 3 Qtr | |
Prices | ||||||||
Consumer prices (2003=100) | 126.8 | 127.7 | 125.5 | 125.4 | 128.2 | 128.7 | 129.2 | 129.6 |
Consumer prices (% change, year on year) | 8.8 | 5.8 | 2.5 | 0.6 | 1.1 | 0.8 | 3.0 | 3.4 |
Financial indicators | ||||||||
Exchange rate LD:US$ (end-period) | 1.25 | 1.29 | 1.24 | 1.22 | 1.23 | 1.27 | 1.31 | 1.24 |
Deposit rate (av; %) | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 |
Lending rate (av; %) | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 |
Money market rate (av; %) | 4.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 |
M1 (end-period; LD m) | 33,323 | 31,099 | 34,939 | 40,013 | 37,381 | 37,260 | 34,068 | 36,549 |
M1 (% change, year on year) | 51.4 | 37.9 | 17.0 | 22.0 | 12.2 | 19.8 | -2.5 | -8.7 |
M2 (end-period; LD m) | 38,653 | 37,182 | 40,661 | 45,270 | 45,372 | 45,363 | 40,936 | 41,492 |
M2 (% change, year on year) | 49.2 | 39.8 | 18.4 | 20.6 | 17.4 | 22.0 | 0.7 | -8.3 |
Sectoral trends | ||||||||
Crude oil production (m barrels/day) | 1.72 | 1.59 | 1.54 | 1.55 | 1.52 | 1.56 | 1.58 | 1.59 |
Crude oil production (% change, year on year) | -1.1 | -9.8 | -11.6 | -7.7 | -11.4 | -1.5 | 2.7 | 2.8 |
Foreign trade & reserves (US$ m) | ||||||||
Exports fob | 10,789 | 6,754 | 7,704 | 9,654 | 10,415 | 10,494 | 9,935 | n/a |
Imports foba | -4,820 | -4,632 | -5,212 | -5,615 | -5,814 | -5,051 | -5,337 | n/a |
Trade balance | 5,969 | 2,122 | 2,492 | 4,039 | 4,600 | 5,442 | 4,598 | n/a |
Reserves excl gold (end–period) | 92,313 | 91,075 | 94,626 | 103,856 | 98,725 | 95,043 | 97,144 | 98,800 |
a Data do not include defence imports. | ||||||||
Sources: International Energy Agency, Monthly Oil Market Report; IMF, International Financial Statistics, Direction of Trade Statistics. |
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