Markets Actual Q4 Q1 Q2 Q3 2023
Currency 35.99 36.07 36.15 36.23 36.31 36.47

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Annual Growth Rate (%) 4.30 3.5 2.2 1.9 1.9 2
Unemployment Rate (%) 3.10 4.6 4.6 4.6 4.6 4.6
Inflation Rate (%) 12.16 10.9 8.4 5.3 4.9 4
Balance of Trade (USD Million) -256.35 -180 -180 -180 -180 -180
Current Account (USD Million) -14.70 110 110 110 110 110
Current Account to GDP (% of GDP) -2.90 -1.5 -1.5 -1.5 -1.5 -3.2
Government Debt to GDP (% of GDP) 64.80 61 61 61 61 55
Government Budget (% of GDP) 1.60 -0.4 -0.4 -0.4 -0.4 -0.4
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Annual Growth Rate (%) 4.30 3.5 2.2 1.9 1.9 2
GDP (USD Billion) 14.01 14.5 14.9 14.9 14.9 14.9
GDP Constant Prices (NIO Million) 47563.80 52314 487832 48468 48468 53361
GDP per Capita (USD) 2098.29 1750 1750 1750 1750 1780
GDP per Capita PPP (USD) 5763.00 5837 5913 5913 5913 5913
Gross Fixed Capital Formation (NIO Million) 11439.00 13803 11756 11656 11656 14079
GDP from Agriculture (NIO Million) 3806.00 4533 3364 3878 3878 4624
GDP from Construction (NIO Million) 1017.00 1563 1024 1036 1036 1594
GDP from Manufacturing (NIO Million) 7286.00 8118 8445 7424 7424 8280
GDP from Mining (NIO Million) 1229.00 1233 1207 1252 1252 1257
GDP from Public Administration (NIO Million) 2840.00 2926 2890 2894 2894 2984
GDP from Services (NIO Million) 6185.00 6880 6096 6303 6303 7017
GDP from Transport (NIO Million) 3645.00 4208 3269 3714 3714 4292

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 3.10 4.6 4.6 4.6 4.6 4.6
Wages (NIO Thousands/Month) 11.16 13.6 13.6 13.6 13.6 13.6
Population (Million) 6.75 6.83 6.92 6.92 6.92 6.92

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 12.16 10.9 8.4 5.3 4.9 4
Consumer Price Index CPI (points) 280.00 281 286 285 290 292
Inflation Rate MoM (%) 0.07 0.6 0.5 0.5 0.5 0.5
Food Inflation (%) 18.60 17 12.5 7.3 5.3 4
CPI Housing Utilities (points) 244.10 260 259 255 255 270
CPI Transportation (points) 249.60 251 252 254 255 256
Core Inflation Rate (%) 9.67 8.47 7.09 5.17 5.05 5

Money Actual Q4 Q1 Q2 Q3 2023
Deposit Interest Rate (%) 1.49 2.25 2.25 2.25 2.25 2.25
Interest Rate (%) 8.43 10 10 10 10 10
Foreign Exchange Reserves (USD Million) 3842.00 2550 2550 2550 2550 2550

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (USD Million) -256.35 -180 -180 -180 -180 -180
Current Account (USD Million) -14.70 110 110 110 110 110
Current Account to GDP (% of GDP) -2.90 -1.5 -1.5 -1.5 -1.5 -3.2
Exports (USD Million) 680.92 500 500 500 500 500
Imports (USD Million) 937.27 680 680 680 680 680
Remittances (USD Million) 299.70 160 160 160 160 160

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 64.80 61 61 61 61 55
Government Budget (% of GDP) 1.60 -0.4 -0.4 -0.4 -0.4 -0.4
Government Budget Value (NIO Million) -970.60 193 193 193 193 193
Government Spending (NIO Million) 17518.70 17103 18132 17904 17852 18494
Military Expenditure (USD Million) 77.90 83 83 83 83 83
Government Debt (NIO Million) 345195.90 240000 240000 240000 240000 240000

Taxes Actual Q4 Q1 Q2 Q3 2023
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 15.00 15 15 15 15 15

Business Actual Q4 Q1 Q2 Q3 2023
Leading Economic Index (%) 3.83 1.5 1.5 1.5 1.5 1.5

Consumer Actual Q4 Q1 Q2 Q3 2023
Consumer Spending (NIO Million) 158383.40 151184 163927 161868 161393 167205
Gasoline Prices (USD/Liter) 1.33 1.38 1.44 1.5 1.55 1.67