Forecast summary | ||||
(% unless otherwise indicated) | ||||
2009a | 2010b | 2011c | 2012c | |
Real GDP growth | 2.9 | -1.4a | 4.0 | 5.0 |
Exports of gold ('000 kg) | 17.4 | 18.8 | 19.2 | 19.6 |
Consumer price inflation (av) | 6.9 | 8.0a | 19.0 | 6.3 |
Lending rate | 21.7 | 29.4 | 32.0 | 28.0 |
Government balance (% of GDP) | -1.5 | -6.2 | -8.3 | -8.3 |
Exports of goods fob (US$ m) | 1,700 | 2,056 | 2,465 | 2,463 |
Imports of goods fob (US$ m) | -2,814 | -3,283 | -4,232 | -4,323 |
Current-account balance (US$ m) | -300 | -408 | -744 | -802 |
Current-account balance (% of GDP) | -6.4 | -9.1 | -13.3 | -13.1 |
Exchange rate Som:US$ (av) | 42.90 | 45.97a | 47.43 | 48.45 |
Exchange rate Som:US$ (end-period) | 44.09 | 47.10a | 47.82 | 48.98 |
Exchange rate Som:€ (av) | 59.77 | 60.94a | 59.99 | 58.14 |
Exchange rate Som:Rb (av) | 1.35 | 1.52a | 1.57 | 1.61 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. |
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