2006a | 2007a | 2008a | 2009a | 2010b | 2011c | 2012c | |
GDP | |||||||
Nominal GDP (US$ m) | 11,011 | 13,549 | 16,377 | 16,828 | 17,339 | 19,187 | 21,825 |
Nominal GDP (USh bn) | 20,166 | 23,351 | 28,176 | 34,166 | 37,758 | 44,013 | 50,767 |
Real GDP growth (%) | 7.1 | 8.1 | 10.4 | 5.3 | 6.1 | 6.3 | 7.0 |
Expenditure on GDP (% real change) | |||||||
Private consumption | 12.3 | 2.9 | 8.2 | 11.5 | 7.1 | 7.0 | 7.0 |
Government consumption | 3.7 | -1.5 | 1.7 | -1.9 | 3.0 | 3.2 | 3.5 |
Gross fixed investment | 11.0 | 15.1 | 5.9 | 6.0 | 6.0 | 7.0 | 7.0 |
Exports of goods & services | -6.3 | 53.9 | 45.0 | -12.0 | 10.0 | 13.0 | 16.0 |
Imports of goods & services | 17.2 | 15.7 | 17.5 | 4.6 | 10.0 | 12.2 | 15.0 |
Origin of GDP (% real change) | |||||||
Agriculture | -1.8 | 1.7 | 2.3 | 2.4 | 2.5 | 3.5 | 4.0 |
Industry | 6.4 | 7.9 | 15.4 | 0.7 | 6.0 | 6.0 | 6.0 |
Services | 10.3 | 7.7 | 10.5 | 6.4 | 9.2 | 9.8 | 10.0 |
Population and income | |||||||
Population (m) | 29.7 | 30.6 | 31.7 | 32.7 | 33.8 | 34.9 | 36.1 |
GDP per head (US$ at PPP) | 1,106b | 1,183b | 1,274b | 1,391b | 1,431 | 1,478 | 1,544 |
Fiscal indicators (% of GDP) | |||||||
Central government budget revenue | 17.7 | 18.8 | 16.3 | 15.5 | 15.4 | 17.7 | 17.2 |
Central government budget expenditure | 19.9 | 20.7 | 18.1 | 17.2 | 18.4 | 19.8 | 20.4 |
Central government budget balance | -2.2 | -1.8 | -1.9 | -1.7 | -3.0 | -2.1 | -3.2 |
Public debt | 18.2 | 20.3 | 18.8 | 20.2b | 20.6 | 22.3 | 21.5 |
Prices and financial indicators | |||||||
Exchange rate USh:US$ (av) | 1,831 | 1,723 | 1,720 | 2,030 | 2,178a | 2,294 | 2,326 |
Exchange rate USh:€ (av) | 2,300 | 2,359 | 2,529 | 2,828 | 2,887a | 2,902 | 2,791 |
Consumer prices (av; %) | 7.3 | 6.1 | 11.6 | 13.4 | 4.1a | 9.5 | 8.5 |
Stock of money M1 (% change) | 17.7 | 5.3 | 45.2 | 12.6 | 35.1a | 11.3 | 24.6 |
Stock of money M2 (% change) | 16.9 | 13.8 | 40.2 | 16.6 | 39.5a | 7.7 | 23.4 |
Lending interest rate (av; %) | 18.7 | 19.1 | 20.5 | 21.0 | 20.2a | 20.5 | 21.0 |
Current account (US$ m) | |||||||
Trade balance | -1,028 | -959 | -1,335 | -800 | -1,279 | -1,346 | -1,875 |
Goods: exports fob | 1,188 | 1,999 | 2,704 | 2,988 | 2,972 | 3,289 | 3,581 |
Goods: imports fob | -2,216 | -2,958 | -4,039 | -3,787 | -4,251 | -4,635 | -5,456 |
Services balance | -245 | -382 | -454 | -456 | -515 | -624 | -672 |
Income balance | -239 | -243 | -245 | -329 | -287 | -341 | -413 |
Current transfers balance | 1,115 | 1,108 | 1,240 | 1,133 | 1,347 | 1,478 | 1,628 |
Current-account balance | -396 | -477 | -794 | -451 | -734 | -834 | -1,332 |
External debt (US$ m) | |||||||
Debt stock | 1,260 | 1,611 | 2,249 | 2,557b | 2,892 | 3,207 | 3,644 |
Debt service paid | 113 | 65 | 74 | 86b | 89 | 99 | 103 |
Principal repayments | 84 | 50 | 52 | 60b | 65 | 72 | 77 |
Interest | 29 | 16 | 22 | 27b | 25 | 27 | 27 |
International reserves (US$ m) | |||||||
Total international reserves | 1,811 | 2,560 | 2,301 | 2,995 | 2,960a | 3,404 | 3,983 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. | |||||||
Source: IMF, International Financial Statistics. |
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