External sectors, trade and payments | Balance of income, value in USD, balance of payments basis | | 100 606 000 000.000 | 146 145 000 000.000 | 123 579 000 000.000 | 177 661 000 000.000 | 232 648 000 000.000 | 223 928 000 000.000 | 206 983 543 873.125 | 199 573 477 377.501 | 193 170 834 235.768 |
Current account balance, value in USD | | -713 390 000 000.000 | -681 343 000 000.000 | -381 639 000 000.000 | -449 472 000 000.000 | -457 726 000 000.000 | -440 417 000 000.000 | -422 026 908 094.243 | -501 154 262 406.637 | -577 652 608 201.980 |
Current account balance, as a percentage of GDP | | -4.927 | -4.629 | -2.647 | -3.005 | -2.947 | -2.711 | -2.517 | -2.856 | -3.121 |
Competitiveness indicator, relative consumer prices (CPI), overall weights | | 94.986 | 91.578 | 95.574 | 91.355 | 87.221 | 89.198 | 89.759 | 89.662 | 89.662 |
Contribution to world trade volume, goods and services expressed in USD, 2005 prices | | 0.136 | -0.138 | -0.093 | 0.312 | 0.118 | 0.034 | 0.108 | 0.155 | 0.171 |
Nominal effective exchange rate, chain-linked, overall weights | | 93.973 | 90.836 | 96.225 | 92.723 | 88.817 | 91.322 | 92.136 | 91.798 | 91.798 |
Exchange rate, National currency per USD | | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 |
Net exports of goods and services, value, National Accounts basis, USD | | -709 825 000 000.000 | -713 250 000 000.000 | -392 225 000 000.000 | -518 425 000 000.000 | -568 750 000 000.000 | -547 200 000 000.000 | -511 387 148 329.585 | -563 022 603 231.274 | -630 440 504 482.955 |
Imports of goods and services, volume, USD, 2005 prices | | 2 199 493 049 029.680 | 2 141 367 900 393.670 | 1 848 800 753 858.760 | 2 084 669 566 271.460 | 2 185 996 787 153.230 | 2 234 438 309 416.880 | 2 270 365 633 273.310 | 2 391 415 808 556.680 | 2 542 056 888 857.380 |
Import penetration, goods and services | | 0.136 | 0.133 | 0.121 | 0.131 | 0.134 | 0.134 | 0.134 | 0.136 | 0.140 |
Share of value imports of good and services in world imports, USD | | 14.212 | 13.281 | 12.896 | 12.943 | 12.414 | 12.636 | 12.408 | 12.228 | 12.145 |
Net current international transfers, value, balance of payments basis, USD | | -114 932 000 000.000 | -125 187 000 000.000 | -121 562 000 000.000 | -127 751 000 000.000 | -133 537 000 000.000 | -129 688 000 000.000 | -135 229 303 637.783 | -137 705 136 552.864 | -140 382 937 954.793 |
Goods and services trade volume, USD, 2005 prices | | 1 877 094 390 763.760 | 1 892 637 417 767.420 | 1 671 783 094 445.950 | 1 875 495 688 224.320 | 1 985 134 014 615.220 | 2 040 924 357 639.880 | 2 081 351 913 972.910 | 2 186 143 258 483.390 | 2 311 311 730 351.660 |
Competitiveness indicator, relative unit labour costs, overall economy | | 94.829 | 89.860 | 91.291 | 87.229 | 82.508 | 83.302 | 83.682 | 83.504 | 83.504 |
Exports of goods and services, volume, USD, 2005 prices | | 1 554 695 732 497.840 | 1 643 906 935 141.170 | 1 494 765 435 033.130 | 1 666 321 810 177.180 | 1 784 271 242 077.210 | 1 847 410 405 862.860 | 1 892 338 194 672.510 | 1 980 870 708 410.090 | 2 080 566 571 845.950 |
Export market for goods and services, volume, USD, 2005 prices | | 1 564 806 577 479.000 | 1 624 248 184 160.230 | 1 446 126 131 763.580 | 1 650 300 604 539.600 | 1 758 872 408 140.680 | 1 821 960 143 983.800 | 1 883 763 071 856.830 | 1 974 690 030 825.640 | 2 087 574 462 255.850 |
Export performance for goods and services, volume | | 0.994 | 1.012 | 1.034 | 1.010 | 1.014 | 1.014 | 1.005 | 1.003 | 0.997 |
Share of value exports of good and services in world exports expressed in USD | | 9.648 | 9.348 | 10.028 | 9.809 | 9.474 | 9.803 | 9.743 | 9.537 | 9.385 |
Government accounts | General government gross financial liabilities, as a percentage of GDP | | 63.777 | 72.597 | 85.804 | 94.553 | 98.759 | 102.123 | 104.086 | 106.265 | 106.519 |
General government net financial liabilities, as a percentage of GDP | | 44.334 | 50.279 | 61.952 | 69.583 | 76.105 | 79.994 | 81.803 | 83.982 | 84.237 |
Net government interest payments, as a percentage of GDP | | 2.628 | 2.568 | 2.831 | 2.927 | 3.092 | 3.093 | 2.508 | 2.963 | 3.026 |
Government net lending, as a percentage of GDP | | -3.701 | -7.174 | -12.817 | -12.165 | -10.717 | -9.278 | -6.543 | -5.823 | -4.623 |
Total disbursements, general government, as a percentage of GDP | | 36.669 | 38.736 | 42.672 | 42.344 | 41.126 | 39.719 | 38.676 | 37.307 | 35.911 |
Total receipts general government, as a percentage of GDP | | 32.968 | 31.562 | 29.855 | 30.179 | 30.409 | 30.441 | 32.133 | 31.483 | 31.288 |
Expenditure and GDP | Government final consumption expenditure, volume | | 2 295 725 000 000.000 | 2 353 875 000 000.000 | 2 442 075 000 000.000 | 2 444 850 000 000.000 | 2 379 425 000 000.000 | 2 374 375 000 000.000 | 2 333 208 366 012.180 | 2 322 617 760 618.470 | 2 309 211 282 275.190 |
Private final consumption expenditure, volume | | 10 035 525 000 000.000 | 9 999 250 000 000.000 | 9 842 925 000 000.000 | 10 035 850 000 000.000 | 10 291 300 000 000.000 | 10 517 600 000 000.000 | 10 713 440 917 630.800 | 10 959 078 105 504.600 | 11 275 997 390 272.600 |
Gross domestic product, value, market prices | | 14 480 350 000 000.000 | 14 720 250 000 000.000 | 14 417 950 000 000.000 | 14 958 300 000 000.000 | 15 533 825 000 000.000 | 16 244 575 000 000.000 | 16 765 285 026 220.900 | 17 547 081 942 596.000 | 18 509 826 775 970.300 |
Gross domestic product, volume, market prices | | 14 876 800 000 000.000 | 14 833 575 000 000.000 | 14 417 925 000 000.000 | 14 779 350 000 000.000 | 15 052 375 000 000.000 | 15 470 725 000 000.000 | 15 731 382 304 379.900 | 16 180 362 481 600.800 | 16 726 764 535 591.200 |
Private non-residential gross fixed capital formation, volume | | 1 948 400 000 000.000 | 1 934 450 000 000.000 | 1 633 450 000 000.000 | 1 673 800 000 000.000 | 1 800 425 000 000.000 | 1 931 775 000 000.000 | 1 978 507 537 756.740 | 2 140 698 799 526.740 | 2 361 178 439 338.570 |
Gross fixed capital formation, housing, volume | | 654 800 000 000.000 | 497 700 000 000.000 | 392 275 000 000.000 | 382 425 000 000.000 | 384 250 000 000.000 | 433 750 000 000.000 | 495 195 905 434.982 | 566 242 564 120.889 | 651 178 948 739.022 |
Gross fixed capital formation, total, volume | | 3 231 050 000 000.000 | 3 074 550 000 000.000 | 2 672 725 000 000.000 | 2 702 625 000 000.000 | 2 795 800 000 000.000 | 2 950 050 000 000.000 | 3 039 661 740 830.880 | 3 273 523 976 931.920 | 3 576 583 399 848.220 |
Total domestic expenditure, volume | | 15 600 775 000 000.000 | 15 391 975 000 000.000 | 14 810 175 000 000.000 | 15 244 474 124 976.400 | 15 501 123 819 672.600 | 15 902 248 789 129.100 | 16 152 614 859 792.300 | 16 639 050 507 359.800 | 17 243 473 596 116.100 |
Selected variables: ready-made growth rates | Government final consumption expenditure growth (volume) | | 1.395 | 2.533 | 3.747 | 0.114 | -2.676 | -0.212 | -1.734 | -0.454 | -0.577 |
Headline inflation | | 2.871 | 3.815 | -0.320 | 1.640 | 3.141 | 2.076 | 1.518 | 1.799 | 1.919 |
Private final consumption expenditure growth (volume) | | 2.248 | -0.361 | -1.563 | 1.960 | 2.545 | 2.199 | 1.862 | 2.293 | 2.892 |
Total employment, growth | | 1.130 | -0.463 | -3.769 | -0.584 | 0.579 | 1.850 | 1.104 | 1.446 | 1.647 |
Final domestic expenditure growth (volume) | | 1.368 | -0.876 | -3.047 | 1.507 | 1.846 | 2.404 | 1.529 | 2.889 | 3.637 |
GDP growth (volume) | | 1.790 | -0.291 | -2.802 | 2.507 | 1.847 | 2.779 | 1.685 | 2.854 | 3.377 |
Gross fixed capital formation growth (volume) | | -1.240 | -4.844 | -13.069 | 1.119 | 3.448 | 5.517 | 3.038 | 7.694 | 9.258 |
Imports of goods and services growth (volume) | | 2.272 | -2.643 | -13.663 | 12.758 | 4.861 | 2.216 | 1.608 | 5.332 | 6.299 |
Core inflation | | 2.157 | 2.060 | 1.190 | 1.287 | 1.437 | 1.838 | 1.264 | 1.592 | 1.806 |
Private final consumption expenditure, deflator, growth | | 2.504 | 3.051 | -0.062 | 1.654 | 2.392 | 1.848 | 1.168 | 1.628 | 1.816 |
Gross domestic product, deflator, market prices, annualised rate | | 2.654 | 1.953 | 0.770 | 1.211 | 1.964 | 1.748 | 1.495 | 1.759 | 2.041 |
Total domestic expenditure growth (volume) | | 1.141 | -1.338 | -3.780 | 2.932 | 1.684 | 2.588 | 1.574 | 3.011 | 3.633 |
Goods and services trade growth, USD, 2005 prices, annualised rate | | 4.923 | 0.828 | -11.669 | 12.185 | 5.846 | 2.810 | 1.981 | 5.035 | 5.726 |
Exports of goods and services growth (volume) | | 8.918 | 5.738 | -9.072 | 11.477 | 7.078 | 3.539 | 2.432 | 4.678 | 5.033 |
Export performance for total goods and services growth | | 0.995 | 1.869 | 2.127 | -2.315 | 0.469 | -0.047 | -0.929 | -0.142 | -0.647 |
Supply block | Output gap of the total economy | | 2.800 | 0.287 | -4.245 | -3.482 | -3.398 | -2.611 | -2.991 | -2.446 | -1.596 |
Potential output of total economy, volume | | 14 471 658 796 263.200 | 14 791 120 083 785.600 | 15 057 116 477 322.100 | 15 312 531 055 013.600 | 15 581 907 364 958.500 | 15 885 515 330 109.000 | 16 216 452 821 399.100 | 16 586 052 466 284.900 | 16 998 025 436 034.500 |
Productive capital stocks, volume | | 31 697 113 218 254.400 | 32 367 724 780 560.500 | 32 661 878 487 766.900 | 32 921 888 435 209.800 | 33 233 684 142 542.600 | 33 708 070 891 060.100 | 34 260 330 159 044.400 | 35 022 927 901 464.400 | 35 960 411 261 632.700 |
NAIRU - Unemployment rate with non-accelerating inflation rate | | 5.706 | 5.814 | 5.995 | 6.054 | 6.092 | 6.103 | 6.098 | 6.083 | 6.062 |
Cyclically adjusted government net lending, as a percentage of potential GDP | | -4.770 | -7.436 | -11.206 | -10.534 | -9.228 | -8.128 | -5.428 | -4.895 | -4.029 |
Underlying government net lending, as a percentage of potential GDP | | -4.746 | -7.125 | -10.421 | -10.187 | -8.967 | -8.065 | -5.498 | -4.985 | -4.127 |
Underlying government primary balance, as a percentage of potential GDP | | -2.044 | -4.550 | -7.710 | -7.362 | -5.980 | -5.052 | -3.065 | -2.095 | -1.149 |
Household sector accounts | Household and non-profit institutions serving households net saving ratio | | 3.019 | 5.014 | 6.132 | 5.641 | 5.668 | 5.613 | 4.514 | 4.439 | 3.870 |
Prices and deflators | Consumer price index | | 0.966 | 1.003 | 1.000 | 1.016 | 1.048 | 1.070 | 1.086 | 1.106 | 1.127 |
Private final consumption expenditure, deflator | | 0.971 | 1.001 | 1.000 | 1.017 | 1.041 | 1.060 | 1.072 | 1.090 | 1.110 |
Gross domestic product, deflator, market prices | | 0.973 | 0.992 | 1.000 | 1.012 | 1.032 | 1.050 | 1.066 | 1.084 | 1.107 |
Imports of goods and services, deflator, National Accounts basis | | 1.011 | 1.117 | 1.000 | 1.060 | 1.143 | 1.149 | 1.139 | 1.148 | 1.160 |
Exports of goods and services, deflator, National Accounts basis | | 1.011 | 1.058 | 1.000 | 1.044 | 1.111 | 1.122 | 1.124 | 1.130 | 1.143 |
Labour markets | Total employment | | 146 050 166.667 | 145 373 250.000 | 139 893 750.000 | 139 077 250.000 | 139 881 916.667 | 142 469 083.333 | 144 041 833.333 | 146 124 726.893 | 148 531 245.217 |
Labour force | | 153 123 083.333 | 154 321 583.333 | 154 188 500.000 | 153 887 500.000 | 153 618 916.667 | 154 965 833.333 | 155 638 083.333 | 156 932 531.374 | 158 531 358.449 |
Labour productivity of the total economy | | 1.018 | 1.022 | 1.038 | 1.071 | 1.080 | 1.093 | 1.097 | 1.112 | 1.130 |
Unit labour cost in total economy | | 1.066 | 1.094 | 1.085 | 1.083 | 1.105 | 1.118 | 1.128 | 1.134 | 1.142 |
Unemployment, level | | 7 072 916.667 | 8 948 333.333 | 14 294 750.000 | 14 810 250.000 | 13 737 000.000 | 12 496 750.000 | 11 596 250.000 | 10 807 804.482 | 10 000 113.231 |
Unemployment rate | | 4.619 | 5.798 | 9.271 | 9.624 | 8.942 | 8.064 | 7.451 | 6.887 | 6.308 |
Compensation rate, total economy | | 56 882.016 | 58 490.569 | 58 953.377 | 60 696.070 | 62 300.735 | 63 736.504 | 64 405.420 | 65 520.859 | 67 139.310 |
Monetary data | Long-term interest rate on government bonds | | 4.629 | 3.667 | 3.257 | 3.214 | 2.786 | 1.803 | 2.318 | 3.071 | 3.823 |
Short-term interest rate | | 5.281 | 3.203 | 0.938 | 0.528 | 0.419 | 0.420 | 0.331 | 0.274 | 1.042 |