Forecast summary | ||||
(% unless otherwise indicated) | ||||
2009a | 2010b | 2011c | 2012c | |
Real GDP growth | 5.3 | 6.1 | 6.3 | 7.0 |
Consumer price inflation (av) | 12.7 | 4.9 | 9.5 | 8.5 |
Consumer price inflation (end-period) | 11.0 | 3.1 | 8.5 | 8.0 |
Lending rate (av) | 21.0 | 20.0 | 20.5 | 21.0 |
Government balance (% of GDP)d | -1.7 | -3.0 | -2.1 | -3.2 |
Exports of goods fob (US$ m) | 2,987.7 | 2,971.9 | 3,275.8 | 3,559.5 |
Imports of goods fob (US$ m) | 3,787.3 | 4,273.9 | 4,623.3 | 5,441.6 |
Current-account balance (US$ m) | -451.1 | -780.2 | -843.3 | -1,349.7 |
Current-account balance (% of GDP) | -2.7 | -4.4 | -4.4 | -6.2 |
External debt (end-period; US$ bn) | 2.6b | 2.9 | 3.2 | 3.6 |
Exchange rate USh:US$ (av) | 2,030.3 | 2,169.1 | 2,303.3 | 2,335.6 |
Exchange rate USh:US$ (end-period) | 1,903.5 | 2,252.0 | 2,231.7 | 2,324.2 |
Exchange rate USh:¥100 (av) | 2,166.7 | 2,465.2 | 2,795.0 | 2,834.9 |
Exchange rate USh:€ (end-period) | 2,728.1 | 3,006.4 | 2,678.0 | 2,765.8 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. d Fiscal years (July 1st-June 30th). Ratio calculated using government/IMF figures of GDP for the fiscal year. |
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