Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growth | 6.8 | 7.0 | 7.1 | 7.3 | 7.3 | 7.4 |
Industrial production growth | 14.0 | 14.0 | 15.5 | 15.5 | 15.0 | 15.0 |
Gross agricultural production growth | 2.8 | 3.5 | 3.4 | 3.2 | 3.1 | 3.3 |
Consumer price inflation (av) | 9.0 | 14.3 | 9.7 | 7.9 | 7.5 | 6.1 |
Consumer price inflation (end-period) | 11.8 | 12.6 | 8.2 | 7.8 | 7.5 | 6.2 |
Lending rate | 13.1c | 13.8 | 12.5 | 12.0 | 11.5 | 11.5 |
Government balance (% of GDP) | -5.9c | -5.5 | -5.3 | -5.7 | -5.7 | -5.4 |
Exports of goods fob (US$ bn) | 71.7c | 86.1 | 94.3 | 104.9 | 119.4 | 136.9 |
Imports of goods fob (US$ bn) | 79.2c | 95.0 | 103.5 | 115.9 | 131.5 | 150.2 |
Current-account balance (US$ bn) | -5.6c | -6.6 | -5.7 | -6.6 | -6.1 | -6.6 |
Current-account balance (% of GDP) | -5.4c | -6.3 | -5.2 | -5.4 | -4.4 | -4.2 |
External debt (end-period; US$ bn) | 30.8c | 33.7 | 36.5 | 40.2 | 44.5 | 49.4 |
Exchange rate D:US$ (av) | 19,127 | 21,234 | 22,487 | 22,920 | 23,376 | 23,873 |
Exchange rate D:US$ (end-period) | 19,498 | 21,861 | 22,700 | 23,148 | 23,625 | 24,122 |
Exchange rate D:¥100 (av) | 21,677 | 24,199 | 25,922 | 26,651 | 27,182 | 27,970 |
Exchange rate D:€ (end-period) | 23,982 | 25,249 | 25,991 | 26,389 | 27,019 | 27,754 |
a Actual. b Economist Intelligence Unit forecasts. c Economist Intelligence Unit estimates. |
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