Country Report Mauritania April 2011

Outlook for 2011-12: Forecast summary

Mauritania: forecast summary
(% unless otherwise indicated)
	2009a	2010a	2011b	2012b
Real GDP growth	-1.0	5.0	6.0	6.3
Consumer price inflation (av)	2.2c	6.0	6.5	6.0
Money market interest rate	11.5	9.0	9.0	10.0
Government balance (% of GDP)	-5.1	-4.1	-1.3	-0.6
Exports of goods fob (US$ m)	1,370.1	2,039.8	2,571.4	2,514.7
Imports of goods fob (US$ m)	1,450.0	1,972.1	2,436.0	2,520.6
Current-account balance (US$ m)	-412.7	-304.4	-210.3	-299.0
Current-account balance (% of GDP)	-13.7	-8.8	-5.0	-6.2
External debt (year-end; US$ bn)	1,994	2,391	2,784	3,116
Exchange rate UM:US$ (av)	262.4c	274.8c	273.3	267.8
Exchange rate UM:¥100 (av)	280.0c	312.7c	335.3	330.6
Exchange rate UM:€ (av)	365.5c	364.4c	357.3	334.7
Exchange rate UM:SDR (av)	406.3c	421.4c	423.5	408.5
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual.

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