Country Report Maldives October 2020

Outlook for 2021-22: International assumptions

International assumptions summary
(% unless otherwise indicated)
 2019202020212022
GDP growth
World2.2-5.24.53.3
US2.2-5.34.02.6
China6.11.77.35.5
EU271.5-8.05.23.1
Exchange rates
US$ effective (2000=100)116.1120.1119.1116.1
¥:US$109.0107.3108.3107.7
US$:€1.121.131.151.14
Financial indicators
US$ 3-month commercial paper rate2.170.610.200.25
¥ 3-month money market rate0.000.050.030.04
Commodity prices
Oil (Brent; US$/b)64.042.245.055.5
Gold (US$/troy oz)1,392.51,765.91,756.31,527.5
Food, feedstuffs & beverages (% change in US$ terms)-4.30.61.72.2
Industrial raw materials (% change in US$ terms)-8.6-6.35.02.6
Note. GDP growth rates are at market exchange rates.

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