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Country Report Myanmar January 2011
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HTMLOutlook for 2011-12: Forecast summary
| Forecast summary | ||||
| (% unless otherwise indicated) | ||||
| 2009a | 2010a | 2011b | 2012b | |
| Real GDP growthc | 1.8 | 3.1 | 4.0 | 4.4 |
| Gross fixed investment growthc | 5.0 | 7.5 | 10.2 | 13.0 |
| Gross agricultural production growthc | 2.5 | 3.2 | 3.0 | 3.2 |
| Consumer price inflation (av) | 1.5d | 8.5 | 12.1 | 12.7 |
| Consumer price inflation (end-period) | 2.2d | 11.7 | 12.7 | 12.7 |
| Short-term interbank rate | 17.0d | 17.0 | 17.0 | 17.0 |
| Government budget balance (% of GDP)c | -4.8 | -5.1 | -5.1 | -5.2 |
| Exports of goods fob (US$ bn) | 6.9 | 8.7 | 9.5 | 9.9 |
| Imports of goods fob (US$ bn) | 4.0 | 4.9 | 6.0 | 7.0 |
| Current-account balance (US$ bn) | 0.7 | 0.9 | 0.4 | -0.4 |
| Current-account balance (% of GDP)e | 2.7 | 2.8 | 1.0 | -1.0 |
| External debt (year-end; US$ bn) | 7.1 | 7.3 | 7.2 | 7.2 |
| Official exchange rate Kt:US$ (av)f | 5.5d | 5.6 | 5.6 | 5.7 |
| Exchange rate Kt:US$ (av)g | 1,055.0 | 970.0 | 1,000.0 | 1,045.0 |
| Exchange rate Kt:¥100 (av)g | 1,125.9 | 1,102.4 | 1,213.5 | 1,268.4 |
| Exchange rate Kt:Bt (av)g | 30.8 | 30.6 | 33.6 | 35.5 |
| a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Fiscal years (beginning April 1st of year shown). d Actual. e Fiscal years (beginning April 1st of year shown); at free-market exchange rate (which understates the size of GDP). f Official rate (there is a wide differential between the official and free-market rates). g Free-market rate. | ||||
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