Myanmar: 2-year forecast summary
EIU ViewsWire Myanmar
FROM THE ECONOMIST INTELLIGENCE UNIT
|(% unless otherwise indicated)|
|Real GDP growth(c)||3.9||3.3||3.4||3.6|
|Gross fixed investment growth(c)||5.0||6.0||8.0||10.0|
|Gross agricultural production growth(c)||3.0||1.4||2.0||2.0|
|Consumer price inflation (av)||20.0(d)||43.1||36.4||37.6|
|Consumer price inflation (year-end)||28.4(d)||49.9||38.0||34.2|
|Short-term interbank rate||15.7||16.0||16.0||16.0|
|Government budget balance (% of GDP)(c)||-2.9||-3.1||-3.4||-3.6|
|Exports of goods fob (US$ bn)||4.6(d)||6.0||6.8||6.8|
|Imports of goods fob (US$ bn)||2.3(d)||3.1||3.8||4.0|
|Current-account balance (US$ bn)||0.8(d)||1.3||1.3||0.8|
|Current-account balance (% of GDP)(e)||7.0||8.5||6.1||3.0|
|External debt (year-end; US$ bn)||6.8(d)||7.1||7.4||7.5|
|Official exchange rate Kt:US$ (av)(f)||5.8(d)||5.5||5.4||5.5|
|Exchange rate Kt:US$ (av)(g)||1,280.0||1,290.0||1,340.0||1,500.0|
|Exchange rate Kt:Â¥100 (av)(g)||1,101.4||1,095.3||1,276.2||1,558.4|
|Exchange rate Kt:Bt (av)(g)||33.8||37.3||39.7||44.7|
|(a) Economist Intelligence Unit estimates.(b) Economist Intelligence Unit forecasts.
(c) Fiscal years (beginning April 1st of year shown).
(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.
SOURCE: Country Report