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Country Report Maldives July 2021
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HTMLOutlook for 2021-22: International assumptions
| International assumptions summary | ||||
| (% unless otherwise indicated) | ||||
| 2019 | 2020 | 2021 | 2022 | |
| GDP growth | ||||
| World | 2.3 | -3.8 | 5.3 | 4.0 |
| US | 2.2 | -3.5 | 6.0 | 3.7 |
| China | 6.1 | 2.3 | 8.5 | 5.5 |
| EU27 | 1.6 | -6.3 | 4.3 | 4.2 |
| Exchange rates | ||||
| US$ effective (2000=100) | 116.2 | 117.8 | 113.7 | 114.5 |
| ¥:US$ | 109.0 | 106.8 | 105.4 | 103.7 |
| US$:€ | 1.12 | 1.14 | 1.21 | 1.19 |
| Financial indicators | ||||
| US$ 3-month commercial paper rate | 2.17 | 0.56 | 0.10 | 0.12 |
| ¥ 3-month money market rate | 0.00 | 0.05 | 0.04 | 0.05 |
| Commodity prices | ||||
| Oil (Brent; US$/b) | 64.0 | 42.3 | 66.0 | 71.0 |
| Gold (US$/troy oz) | 1,392.5 | 1,770.3 | 1,784.4 | 1,600.0 |
| Food, feedstuffs & beverages (% change in US$ terms) | -4.3 | 7.8 | 27.1 | -2.0 |
| Industrial raw materials (% change in US$ terms) | -8.6 | -3.2 | 31.7 | -1.0 |
| Note. GDP growth rates are at market exchange rates. | ||||
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