Country Report Maldives January 2019

Outlook for 2019-20: International assumptions

International assumptions summary
(% unless otherwise indicated)
 2017201820192020
GDP growth
World3.02.92.72.4
US2.22.92.31.3
China6.96.66.36.1
EU282.52.01.81.7
Exchange rates
US$ effective (2000=100)117.5116.2117.9115.3
¥:US$112.1110.2111.5108.6
US$:€1.131.181.191.22
Financial indicators
US$ 3-month commercial paper rate1.072.092.922.30
¥ 3-month money market rate0.060.040.070.14
Commodity prices
Oil (Brent; US$/b)54.471.770.067.5
Gold (US$/troy oz)1,257.61,266.51,186.31,255.0
Food, feedstuffs & beverages (% change in US$ terms)-1.01.80.25.2
Industrial raw materials (% change in US$ terms)20.22.2-0.41.7
Note. GDP growth rates are at market exchange rates.

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