Markets Actual Q1/23 Q2/23 Q3/23 Q4/23
Currency 18.67 18.81 18.95 19.09 19.23

Overview Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -8.40 1.8 3.9 1.7 0.8
GDP Annual Growth Rate (%) -10.30 -1.5 3.5 3 2.5
Inflation Rate (%) 30.24 24.5 18.2 13 8.5
Interest Rate (%) 20.00 20 18 16 10
Current Account to GDP (% of GDP) -11.60 -10
Corporate Tax Rate (%) 12.00 12
Personal Income Tax Rate (%) 12.00 12
Government Debt to GDP (% of GDP) 32.10 37
Government Budget (% of GDP) -1.90 -3.4

GDP Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -8.40 1.8 3.9 1.7 0.8
GDP Annual Growth Rate (%) -10.30 -1.5 3.5 3 2.5
GDP (USD Billion) 13.68 13.99
Gross Fixed Capital Formation (MDL Thousand ) 17908153.00 11900162 15960291 18445398 18355857
Full Year GDP Growth (%) 13.90 2.3
GDP Constant Prices (MDL Thousand) 227585726.70 233275370

Labour Actual Q1/23 Q2/23 Q3/23 Q4/23
Retirement Age Women (Years) 60.00 60.5
Retirement Age Men (Years) 63.00 63
Population (Million) 2.60 2.55

Prices Actual Q1/23 Q2/23 Q3/23 Q4/23
Inflation Rate (%) 30.24 24.5 18.2 13 8.5
Consumer Price Index CPI (points) 3878.25 4047 4230 4196 4208
Core Inflation Rate (%) 18.50 19.5 16.4 12.8 10.6
Producer Prices (points) 204.60 210 220 213 217
Food Inflation (%) 31.80 24 20 17 15
Producer Prices Change (%) 27.60 22.6 17.2 12 6
Inflation Rate MoM (%) 0.76 0.1 0.2

Money Actual Q1/23 Q2/23 Q3/23 Q4/23
Interest Rate (%) 20.00 20 18 16 10
Deposit Interest Rate (%) 18.00 18 16 14 8
Lending Rate (%) 22.00 22 20 18 12

Trade Actual Q1/23 Q2/23 Q3/23 Q4/23
Current Account to GDP (% of GDP) -11.60 -10

Government Actual Q1/23 Q2/23 Q3/23 Q4/23
Government Spending (MDL Thousand) 10423002.00 12166633 13689825 10735692 10683577
Government Debt to GDP (% of GDP) 32.10 37
Government Budget (% of GDP) -1.90 -3.4

Taxes Actual Q1/23 Q2/23 Q3/23 Q4/23
Corporate Tax Rate (%) 12.00 12
Personal Income Tax Rate (%) 12.00 12
Sales Tax Rate (%) 20.00 20
Social Security Rate (%) 33.00 33
Social Security Rate For Companies (%) 24.00 24
Social Security Rate For Employees (%) 9.00 9

Business Actual Q1/23 Q2/23 Q3/23 Q4/23
Industrial Production Mom (%) 16.50 3.7 5
Manufacturing Production (%) -3.30 2.8 2.8
Mining Production (%) -29.80 10 12

Consumer Actual Q1/23 Q2/23 Q3/23 Q4/23
Consumer Spending (MDL Thousand) 67000391.00 45214155 54192719 69010403 68675401