Markets Actual Q3 Q4 Q1 Q2 2023
Stock Market (points) 1245.17 1212 1212 1212 1212 1212
Currency 111.99 114 116 117 118 121

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 0.41 0.6 0.9 0.6 0.5 0.5
GDP Annual Growth Rate (%) 3.80 2.2 3.8 3.1 2.3 2.5
Unemployment Rate (%) 5.40 4.9 4.5 4.3 4.1 4
Inflation Rate (%) 3.77 4.03 4.17 3.88 3.15 3
Interest Rate (%) 8.09 9 9.5 10 10 10
Balance of Trade (USD Thousand) 21969.00 -83700 16881 13828 10775 4669
Current Account (USD Million) 808.05 -50 -50 -50 -50 -50
Current Account to GDP (% of GDP) 2.90 0.5 0.5 0.5 0.5 -0.2
Government Debt to GDP (% of GDP) 59.00 61 61 61 61 61
Government Budget (% of GDP) -8.90 -2.5 -2.5 -2.5 -2.5 -2.3
Business Confidence (points) 1623.80 1560 1560 1510 1490 1500
Consumer Confidence (points) 35.10 35.5 36.3 37.1 37.6 40
Corporate Tax Rate (%) 25.00 22 22 22 22 22
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 0.41 0.6 0.9 0.6 0.5 0.5
GDP Annual Growth Rate (%) 3.80 2.2 3.8 3.1 2.3 2.5
GDP (USD Billion) 106.17 113 113 119 119 119
GDP Constant Prices (USD THO) 17564317.00 17761388 18158086 18108811 17968296 18612038
Gross Fixed Capital Formation (USD THO) 3625581.00 3548325 3616702 3737974 3708969 3707120
GDP per Capita (USD) 5464.63 5622 5622 5774 5774 5774
GDP per Capita PPP (USD) 10614.64 10850 10850 10850 10850 11900
GDP from Agriculture (USD Thousand) 1365128.00 1375227 1453111 1407447 1396526 1489439
GDP from Construction (USD Thousand) 1100307.00 1116978 1142947 1134417 1125614 1171521
GDP from Manufacturing (USD Thousand) 2031436.00 2106658 2143525 2094411 2078159 2197113
GDP from Mining (USD Thousand) 1508791.00 1575778 1382067 1555564 1543493 1416619
GDP from Public Administration (USD Thousand) 1152910.00 1183023 1207896 1188650 1179427 1238093
GDP from Services (USD Thousand) 1134486.00 1133633 1178218 1169655 1160579 1207674
GDP from Transport (USD Thousand) 1307909.00 1308079 1367274 1348454 1337991 1401456
GDP from Utilities (USD Thousand) 562827.00 495846 582940 580275 575772 597513

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 5.40 4.9 4.5 4.3 4.1 4
Wages (USD/Month) 466.63 475 480 480 480 480
Population (Million) 17.73 17.9 17.9 18.06 18.06 18.06
Labor Force Participation Rate (%) 63.40 64.5 64.8 64.8 64.8 65
Minimum Wages (USD/Month) 425.00 425 425 440 440 440
Employment Rate (%) 42.00 41.7 41.7 41.7 41.8 42
Wages in Manufacturing (USD/Month) 450.00 470 470 470 470 470

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 3.77 4.03 4.17 3.88 3.15 3
Consumer Price Index CPI (points) 109.54 110 111 112 113 114
Producer Prices (points) 110.53 110 110 110 112 113
Inflation Rate MoM (%) 0.03 0.3 0.3 0.2 0.2 0.2
Food Inflation (%) 5.93 5.7 6 4.8 4.2 3.7
CPI Housing Utilities (points) 118.31 121 122 122 122 125
CPI Transportation (points) 120.47 121 121 121 122 122
Producer Prices Change (%) 7.60 5.59 5.24 1.99 1.84 3

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 8.09 9 9.5 10 10 10
Interbank Rate (%) 1.50 1.25 1.25 1.25 1.25 1.25
Deposit Interest Rate (%) 4.16 6.05 6.55 7.05 7.05 7.05

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Thousand) 21969.00 -83700 16881 13828 10775 4669
Current Account (USD Million) 808.05 -50 -50 -50 -50 -50
Current Account to GDP (% of GDP) 2.90 0.5 0.5 0.5 0.5 -0.2
Exports (USD Thousand) 2722041.00 2730832 2744019 2757206 2770393 2796766
Imports (USD Thousand) 2700072.00 2710898 2727138 2743378 2759618 2792097
Remittances (USD Million) 1103.60 1310 1350 1350 1390 1400
Crude Oil Production (BBL/D/1K) 495.00 515 530 530 530 510
Foreign Direct Investment (USD Million) 138.32 200 200 250 150 200

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 59.00 61 61 61 61 61
Government Budget (% of GDP) -8.90 -2.5 -2.5 -2.5 -2.5 -2.3
Government Budget Value (USD Million) -384.37 -37 -40 100 100 100
Government Spending (USD THO) 2640108.00 2673182 2753289 2721951 2700830 2822121
Government Revenues (USD Million) 1408.66 1685 1698 1854 1869 1901
Fiscal Expenditure (USD Million) 1793.03 1722 1738 1754 1769 1801
Military Expenditure (USD Million) 2244.00 2300 2300 2300 2300 2400

Taxes Actual Q3 Q4 Q1 Q2 2023
Corporate Tax Rate (%) 25.00 22 22 22 22 22
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 12.00 12 12 12 12 12
Social Security Rate (%) 21.60 21.6 20.6 20.6 20.6 20.6
Social Security Rate For Companies (%) 12.15 12.15 11.15 11.15 11.15 11.15
Social Security Rate For Employees (%) 9.45 9.45 9.45 9.45 9.45 9.45

Business Actual Q3 Q4 Q1 Q2 2023
Business Confidence (points) 1623.80 1560 1560 1510 1490 1500
Leading Economic Index (%) 4.32 2.2 3.1 4.1 2.8 3
Manufacturing Production (%) 30.32 5 4.3 4.3 4.3 4.3

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Confidence (points) 35.10 35.5 36.3 37.1 37.6 40
Consumer Spending (USD THO) 11677315.00 11405809 12091089 12039312 11945893 12393366
Consumer Credit (USD Million) 33913.25 31119 32887 33841 34693 33709