Forecast summary | ||||
(% unless otherwise indicated) | ||||
2009a | 2010b | 2011c | 2012c | |
Real GDP growth | -3.8 | 6.1 | 4.3 | 5.2 |
Consumer price inflation (av) | 1.7 | 7.1a | 8.4 | 5.0 |
Lending rate (%) | 25.5 | 24.2a | 20.8 | 20.3 |
Government balance (% of GDP) | -9.2 | -6.3 | -4.4 | -3.1 |
Exports of goods fob (US$ bn) | 1.9 | 2.4 | 2.8 | 3.1 |
Imports of goods fob (US$ bn) | -4.3 | -4.8 | -5.4 | -5.6 |
Current-account balance (US$ bn) | -1.3 | -1.2 | -1.3 | -1.2 |
Current-account balance (% of GDP) | -11.7 | -10.6 | -10.3 | -8.3 |
Exchange rate Lari:US$ (av) | 1.67 | 1.78a | 1.77 | 1.72 |
Exchange rate Lari:€ (av) | 2.33 | 2.36 | 2.24 | 2.06 |
Exchange rate Lari:Rb (av) | 0.05 | 0.06a | 0.06 | 0.06 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. |
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