Economic Indicators

Economic forecasts - General economic indicators - Investments - Foreign trade

Economic forecasts

Indicators	2007	2008
GDP (USD billion)	219.542	232.863
GDP (constant prices, annual % change)	1.8	1.8
GDP per capita (USD)	20 665	21 852
Inflation rate (consumer prices, annual % change)	2.5	2.4

Source : IMF - World Economic Outlook Database

General economic indicators

Indicators	2004	2005	2006
GDP (USD billion)⁽¹⁾	179.195	185.433	194.79
GDP (constants prices, annual % change)⁽¹⁾	1.5	0.5	1.3
GPD per capita (USD)⁽¹⁾	17060.011	17554.766	18400.903
Inflation (consumer prices, annual % change)⁽¹⁾	2.5	2.1	3
Unemployment rate (%)⁽²⁾	6.7	7.6	7.7
External debt (USD billion)⁽³⁾	..	..	..
Official exchange rate per USD (period average)⁽³⁾	0.805365	0.80412	0.7971408

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 (%)	3.26	2.87
Industry and mining (%)	25.03	24.65
Services (%)	71.70	72.49

Source : World Bank - World Development Indicators

Investments

Foreign Direct Investments	2004	2005	2006	World rank ^(*) 2006
FDI inflows (USD million)	2,327	3,965	7,371	86/141

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	55.67	59.07	64.45
Exports of goods	36.96	38.24	43.58
Trade balance	-18.72	-20.84	-20.87
Current account	-13.85	-18.05	-18.28

Source : World Bank - World Development Indicators

Indicators (%)	2004	2005	2006
Share of foreign trade in GDP	65.0	65.9
Share of imports of goods and services in GDP	36.5	37.4
Share of exports of goods and services in GDP	28.5	28.5
Imports of goods and services (annual % change)	6.8	1.8
Exports of goods and services (annual % change)	4.5	0.9

Source : World Bank - World Development Indicators

Trade in goods/services by major category

2005	Imports	Exports
Total Trade in Goods (USD billion):	59.07	38.24
Agricultural raw materials	2	2.3
Food products	12.2	7.7
Hydrocarbons	11.2	2.7
Manufactured products (chemicals, machines,...)	72.1	84.8
Ores and metals	2.4	2.2

Source : World Bank - World Development Indicators

2005	Imports	Exports
Total Trade in Services (USD billion):	9.5	14.6
Transport	30.5	19.7
Tourism	29	53.3

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)
Spain	26,50%
Germany	12,80%
France	11,90%
United Kingdom	6,60%
USA	6,10%

Main suppliers (% of imports)
Spain	28,90%
Germany	13,10%
France	8,10%
Italy	5,60%
Netherlands	4,40%

Source : Comtrade, 2006.