External sectors, trade and payments | Balance of income, value in USD, balance of payments basis | | -17 310 719 349.460 | -24 057 398 145.883 | -17 773 928 250.811 | -22 785 259 814.862 | -23 287 087 247.724 | -22 465 256 077.671 | -18 221 607 353.728 | -18 555 714 968.914 | -19 320 899 091.344 |
Current account balance, value in USD | | 11 162 318 540.969 | 3 587 558 482.677 | -40 331 732 591.796 | -56 630 296 127.305 | -49 085 177 247.910 | -62 259 392 848.545 | -55 576 157 544.658 | -54 300 311 267.385 | -47 848 727 841.936 |
Current account balance, as a percentage of GDP | | 0.779 | 0.116 | -2.920 | -3.513 | -2.754 | -3.419 | -3.054 | -2.925 | -2.468 |
Competitiveness indicator, relative consumer prices (CPI), overall weights | | 108.994 | 106.126 | 101.570 | 110.348 | 111.993 | 111.527 | 108.239 | 106.273 | 106.273 |
Contribution to world trade volume, goods and services expressed in USD, 2005 prices | | 0.023 | -0.048 | -0.031 | 0.055 | 0.035 | -0.002 | 0.021 | 0.030 | 0.032 |
Nominal effective exchange rate, chain-linked, overall weights | | 110.681 | 109.566 | 105.061 | 114.508 | 116.692 | 117.238 | 114.758 | 112.611 | 112.611 |
Exchange rate, National currency per USD | | 1.074 | 1.068 | 1.141 | 1.030 | 0.989 | 0.999 | 1.028 | 1.046 | 1.046 |
Net exports of goods and services, value, National Accounts basis, USD | | 30 503 732 109.760 | 28 261 925 294.669 | -20 214 928 956.422 | -30 642 098 839.292 | -22 274 624 255.703 | -36 234 010 497.975 | -34 304 346 180.040 | -32 875 155 839.360 | -25 658 388 291.482 |
Imports of goods and services, volume, USD, 2005 prices | | 428 965 871 048.962 | 432 471 090 631.948 | 378 991 922 695.268 | 430 615 736 511.133 | 455 131 852 358.878 | 469 317 589 604.332 | 476 883 667 602.907 | 496 282 310 455.269 | 517 935 766 713.879 |
Import penetration, goods and services | | 0.243 | 0.243 | 0.225 | 0.242 | 0.249 | 0.252 | 0.251 | 0.255 | 0.258 |
Share of value imports of good and services in world imports, USD | | 2.813 | 2.634 | 2.688 | 2.739 | 2.644 | 2.687 | 2.615 | 2.510 | 2.445 |
Net current international transfers, value, balance of payments basis, USD | | -2 029 139 061.214 | -614 020 341.845 | -2 344 112 115.739 | -3 209 712 116.215 | -3 526 531 764.597 | -3 551 040 173.687 | -3 051 195 458.712 | -2 869 440 459.110 | -2 869 440 459.110 |
Goods and services trade volume, USD, 2005 prices | | 434 242 134 587.219 | 426 055 317 956.169 | 371 871 136 061.660 | 410 206 131 416.460 | 431 638 729 945.364 | 441 777 749 691.376 | 449 572 123 799.766 | 469 063 955 625.154 | 492 522 298 237.117 |
Competitiveness indicator, relative unit labour costs, overall economy | | 112.478 | 110.939 | 107.362 | 116.685 | 119.019 | 120.409 | 118.705 | 116.872 | 116.872 |
Exports of goods and services, volume, USD, 2005 prices | | 439 518 398 125.476 | 419 639 545 280.389 | 364 750 349 428.052 | 389 796 526 321.788 | 408 145 607 531.850 | 414 237 909 778.421 | 422 260 579 996.625 | 441 845 600 795.039 | 467 108 829 760.355 |
Export market for goods and services, volume, USD, 2005 prices | | 467 053 076 966.153 | 461 263 447 018.606 | 402 050 702 755.357 | 454 013 726 758.172 | 477 959 943 943.855 | 490 321 139 935.956 | 500 602 710 306.654 | 526 990 593 139.767 | 559 816 684 557.015 |
Export performance for goods and services, volume | | 0.941 | 0.910 | 0.907 | 0.859 | 0.854 | 0.845 | 0.844 | 0.838 | 0.834 |
Share of value exports of good and services in world exports expressed in USD | | 2.905 | 2.703 | 2.478 | 2.498 | 2.464 | 2.442 | 2.371 | 2.290 | 2.267 |
Government accounts | General government gross financial liabilities, as a percentage of GDP | | 70.354 | 74.732 | 87.379 | 89.519 | 93.626 | 96.106 | 97.005 | 97.092 | 96.555 |
General government net financial liabilities, as a percentage of GDP | | 26.999 | 28.850 | 34.602 | 37.362 | 42.483 | 43.624 | 42.830 | 43.467 | 42.930 |
Net government interest payments, as a percentage of GDP | | 0.587 | 0.044 | 0.868 | 0.620 | 0.395 | 0.536 | 0.494 | 0.375 | 0.313 |
Government net lending, as a percentage of GDP | | 1.458 | -0.302 | -4.521 | -4.928 | -3.720 | -3.367 | -3.009 | -2.165 | -1.299 |
Total disbursements, general government, as a percentage of GDP | | 38.631 | 39.218 | 43.668 | 43.259 | 41.949 | 41.468 | 41.359 | 40.810 | 40.230 |
Total receipts general government, as a percentage of GDP | | 40.089 | 38.916 | 39.147 | 38.330 | 38.230 | 38.101 | 38.350 | 38.645 | 38.932 |
Expenditure and GDP | Government final consumption expenditure, volume | | 306 283 000 000.000 | 320 400 500 000.000 | 331 006 750 000.000 | 339 993 250 000.000 | 342 655 000 000.000 | 346 311 000 000.000 | 350 852 237 800.707 | 354 845 293 449.805 | 358 393 746 384.303 |
Private final consumption expenditure, volume | | 852 352 000 000.000 | 877 079 250 000.000 | 880 212 513 991.010 | 909 762 055 456.041 | 930 437 815 781.333 | 947 668 359 865.042 | 969 212 511 023.372 | 991 804 189 487.648 | 1 018 962 045 511.370 |
Gross domestic product, value, market prices | | 1 565 900 000 000.000 | 1 645 974 000 000.000 | 1 567 007 000 000.000 | 1 662 757 000 000.000 | 1 760 011 000 000.000 | 1 819 967 000 000.000 | 1 871 757 372 470.780 | 1 940 991 943 656.020 | 2 026 602 022 263.470 |
Gross domestic product, volume, market prices | | 1 565 900 250 000.000 | 1 584 305 500 000.000 | 1 541 347 500 000.000 | 1 593 356 500 000.000 | 1 633 640 000 000.000 | 1 661 558 750 000.000 | 1 689 851 143 556.070 | 1 729 216 521 422.510 | 1 774 137 446 158.610 |
Private non-residential gross fixed capital formation, volume | | 197 305 500 000.000 | 204 992 500 000.000 | 163 918 500 000.000 | 186 886 500 000.000 | 205 530 000 000.000 | 215 987 250 000.000 | 217 972 014 115.120 | 225 353 684 869.598 | 235 494 600 688.730 |
Gross fixed capital formation, housing, volume | | 111 788 250 000.000 | 107 264 250 000.000 | 100 486 279 388.799 | 108 486 915 378.945 | 110 636 697 792.276 | 116 440 032 922.300 | 117 364 971 453.207 | 121 455 179 547.394 | 119 855 358 280.589 |
Gross fixed capital formation, total, volume | | 366 111 000 000.000 | 372 053 500 000.000 | 329 317 000 000.000 | 367 027 250 000.000 | 382 455 500 000.000 | 398 940 500 000.000 | 401 868 830 605.079 | 413 744 272 975.438 | 422 686 629 634.198 |
Total domestic expenditure, volume | | 1 533 684 000 000.000 | 1 577 598 028 288.880 | 1 532 730 100 557.390 | 1 615 233 664 309.460 | 1 651 830 068 731.500 | 1 688 364 401 618.650 | 1 715 643 822 657.390 | 1 752 774 667 458.460 | 1 791 700 002 570.010 |
Selected variables: ready-made growth rates | Government final consumption expenditure growth (volume) | | 2.759 | 4.609 | 3.310 | 2.715 | 0.783 | 1.067 | 1.311 | 1.138 | 1.000 |
Headline inflation | | 2.131 | 2.385 | 0.299 | 1.769 | 2.905 | 1.516 | 1.011 | 1.601 | 1.976 |
Private final consumption expenditure growth (volume) | | 4.257 | 2.901 | 0.357 | 3.357 | 2.273 | 1.852 | 2.273 | 2.331 | 2.738 |
Total employment, growth | | 2.382 | 1.663 | -1.559 | 1.371 | 1.540 | 1.159 | 1.272 | 1.112 | 1.313 |
Final domestic expenditure growth (volume) | | 3.698 | 2.936 | -1.933 | 4.964 | 2.391 | 2.256 | 1.701 | 2.221 | 2.227 |
GDP growth (volume) | | 2.008 | 1.175 | -2.711 | 3.374 | 2.528 | 1.709 | 1.703 | 2.330 | 2.598 |
Gross fixed capital formation growth (volume) | | 3.175 | 1.623 | -11.487 | 11.451 | 4.204 | 4.310 | 0.734 | 2.955 | 2.161 |
Imports of goods and services growth (volume) | | 5.752 | 0.817 | -12.366 | 13.621 | 5.693 | 3.117 | 1.612 | 4.068 | 4.363 |
Core inflation | | 2.131 | 1.677 | 1.761 | 1.702 | 1.716 | 1.687 | 1.334 | 1.600 | 1.919 |
Private final consumption expenditure, deflator, growth | | 1.600 | 1.563 | 0.249 | 1.349 | 2.085 | 1.414 | 0.871 | 1.106 | 1.440 |
Gross domestic product, deflator, market prices, annualised rate | | 3.238 | 3.892 | -2.144 | 2.647 | 3.239 | 1.669 | 1.124 | 1.338 | 1.767 |
Total domestic expenditure growth (volume) | | 3.568 | 2.863 | -2.844 | 5.383 | 2.266 | 2.212 | 1.616 | 2.164 | 2.221 |
Goods and services trade growth, USD, 2005 prices, annualised rate | | 3.367 | -1.885 | -12.718 | 10.309 | 5.225 | 2.349 | 1.764 | 4.336 | 5.001 |
Exports of goods and services growth (volume) | | 1.140 | -4.523 | -13.080 | 6.867 | 4.707 | 1.493 | 1.937 | 4.638 | 5.718 |
Export performance for total goods and services growth | | -2.172 | -3.324 | -0.279 | -5.364 | -0.539 | -1.066 | -0.157 | -0.601 | -0.481 |
Supply block | Output gap of the total economy | | 2.046 | 1.259 | -2.918 | -1.151 | -0.368 | -0.543 | -0.821 | -0.621 | -0.280 |
Potential output of total economy, volume | | 1 534 508 138 112.680 | 1 564 602 194 336.120 | 1 587 681 429 110.530 | 1 611 915 827 686.420 | 1 639 680 641 035.860 | 1 670 632 170 236.930 | 1 703 848 242 724.850 | 1 740 028 215 714.950 | 1 779 127 581 328.250 |
Productive capital stocks, volume | | 3 261 626 924 207.120 | 3 394 926 639 804.960 | 3 487 683 015 400.380 | 3 596 610 495 545.380 | 3 720 095 942 449.020 | 3 852 932 660 325.490 | 3 986 329 127 381.720 | 4 126 312 633 827.450 | 4 271 490 442 403.380 |
NAIRU - Unemployment rate with non-accelerating inflation rate | | 7.055 | 7.095 | 7.282 | 7.318 | 7.302 | 7.278 | 7.226 | 7.146 | 7.083 |
Cyclically adjusted government net lending, as a percentage of potential GDP | | 0.669 | -0.877 | -3.581 | -4.321 | -3.525 | -3.187 | -2.760 | -1.957 | -1.205 |
Underlying government net lending, as a percentage of potential GDP | | 0.688 | -0.933 | -3.492 | -4.283 | -3.503 | -3.182 | -2.774 | -1.957 | -1.205 |
Underlying government primary balance, as a percentage of potential GDP | | 1.287 | -0.888 | -2.649 | -3.670 | -3.110 | -2.649 | -2.284 | -1.584 | -0.893 |
Household sector accounts | Household and non-profit institutions serving households net saving ratio | | 2.953 | 3.986 | 5.334 | 4.291 | 4.437 | 5.003 | 4.960 | 4.897 | 4.880 |
Prices and deflators | Consumer price index | | 1.000 | 1.024 | 1.027 | 1.045 | 1.075 | 1.092 | 1.103 | 1.120 | 1.143 |
Private final consumption expenditure, deflator | | 1.000 | 1.016 | 1.018 | 1.032 | 1.053 | 1.068 | 1.078 | 1.090 | 1.105 |
Gross domestic product, deflator, market prices | | 1.000 | 1.039 | 1.017 | 1.044 | 1.077 | 1.095 | 1.108 | 1.122 | 1.142 |
Imports of goods and services, deflator, National Accounts basis | | 1.000 | 1.060 | 1.052 | 1.017 | 1.052 | 1.057 | 1.069 | 1.080 | 1.090 |
Exports of goods and services, deflator, National Accounts basis | | 1.000 | 1.106 | 0.999 | 1.014 | 1.083 | 1.079 | 1.092 | 1.102 | 1.114 |
Labour markets | Total employment | | 16 802 633.333 | 17 082 066.667 | 16 815 750.000 | 17 046 366.667 | 17 308 875.000 | 17 509 558.333 | 17 732 305.213 | 17 929 433.450 | 18 164 773.559 |
Labour force | | 17 884 625.000 | 18 200 683.333 | 18 334 725.000 | 18 525 825.000 | 18 702 600.000 | 18 885 691.667 | 19 079 736.091 | 19 276 057.803 | 19 507 370.497 |
Labour productivity of the total economy | | 1.005 | 1.000 | 0.988 | 1.008 | 1.018 | 1.023 | 1.028 | 1.040 | 1.053 |
Unit labour cost in total economy | | 1.077 | 1.111 | 1.137 | 1.135 | 1.166 | 1.198 | 1.220 | 1.241 | 1.270 |
Unemployment, level | | 1 081 991.667 | 1 118 616.667 | 1 518 975.000 | 1 479 458.333 | 1 393 725.000 | 1 376 133.333 | 1 347 430.878 | 1 346 624.353 | 1 342 596.938 |
Unemployment rate | | 6.050 | 6.146 | 8.285 | 7.986 | 7.452 | 7.287 | 7.062 | 6.986 | 6.883 |
Compensation rate, total economy | | 55 141.726 | 56 499.709 | 57 553.534 | 58 385.688 | 60 365.608 | 62 201.306 | 63 708.795 | 65 619.800 | 67 982.219 |
Monetary data | Long-term interest rate on government bonds | | 4.270 | 3.630 | 3.216 | 3.251 | 2.809 | 1.875 | 2.235 | 2.950 | 3.628 |
Short-term interest rate | | 4.567 | 3.204 | 0.456 | 0.798 | 1.190 | 1.193 | 1.192 | 1.198 | 2.065 |