Economic Indicators

Economic forecasts - General economic indicators - Investments - Foreign trade

Economic forecasts

Indicators	2007	2008
GDP (USD billion)	171.738	182.142
GDP (constant prices, annual % change)	6.6	4.8
GDP per capita (USD)	3 614	3 773
Inflation rate (consumer prices, annual % change)	5.5	4.6

Source : IMF - World Economic Outlook Database

General economic indicators

Indicators	2004	2005	2006
GDP (USD billion)⁽¹⁾	98.059	122.9	135.883
GDP (constants prices, annual % change)⁽¹⁾	4.9	4.7	6.8
GPD per capita (USD)⁽¹⁾	2163.459	2669.478	2905.213
Inflation (consumer prices, annual % change)⁽¹⁾	5.9	5	4.3
Unemployment rate (%)⁽²⁾
External debt (USD billion)⁽³⁾	37909.95	37656.27	..
Official exchange rate per USD (period average)⁽³⁾	2628.613	2320.834	2361.139

Source : (1) IMF - World Economic Outlook Database,
(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators

GDP per activity sector	2004	2005	2006
Agriculture and fishing (%)	12.21	12.31	12.06
Industry and mining (%)	33.66	34.42	33.61
Services (%)	54.13	53.27	54.34

Source : World Bank - World Development Indicators

Investments

Foreign Direct Investments	2004	2005	2006	World rank ^(*) 2006
FDI inflows (USD million)	3,084	10,255	6,295	40/141

Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index.
It is a measure of the extend to which a host country receives inward FDI relative to its economic size.
It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.

Foreign Trade

General indicators

Indicators (USD billion)	2004	2005	2006
Imports of goods	15.88	20.13	24.86
Exports of goods	17.22	21.73	25.18
Trade balance	1.35	1.60	0.32
Current account	-0.91	-1.89	-2.91

Source : World Bank - World Development Indicators

Indicators (%)	2004	2005	2006
Share of foreign trade in GDP	43.6	43.6	40.7
Share of imports of goods and services in GDP	22.1	22.2	19.9
Share of exports of goods and services in GDP	21.5	21.4	20.8
Imports of goods and services (annual % change)	19.8	21.7	2.4
Exports of goods and services (annual % change)	10.0	5.5	4.4

Source : World Bank - World Development Indicators

Trade in goods/services by major category

2005	Imports	Exports
Total Trade in Goods (USD billion):	20.13	21.73
Agricultural raw materials	2	4.6
Food products	10.6	17.5
Hydrocarbons	1.6	38.2
Manufactured products (chemicals, machines,...)	82.3	38.4
Ores and metals	2.4	1.3

Source : World Bank - World Development Indicators

2005	Imports	Exports
Total Trade in Services (USD billion):	3.9	2.2
Transport	41.7	31.1
Tourism	28.6	48.4

Source : World Bank - World Development Indicators

Trade Data, by HS Code
Import Statistics	Export Statistics

Source : www.intracen.org, last available data

Trade by partner countries

Main Customers (% of exports)
USA	40,80%
Venezuela	11,10%
Ecuador	5,10%
Peru	3,00%
Mexico	2,80%

Main suppliers (% of imports)
USA	26,60%
Mexico	8,80%
China	8,50%
Brazil	7,20%
Venezuela	5,70%

Source : Comtrade, 2006.