State of the Economy

Published February 22nd, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

Economic Figures

 

2000p

1999e

1998

1997

GDP ($ billions)

53.84

49.7

47.1

45.9

GDP Growth (percent)

5.0

6.2

2.0

3.0

GDP Per Capita ($)

 

1,637

1,608

1,608

CPI Inflation (percent)

4.5

4.5

5.0

5.7

Unemployment (percent)

30.0

30.0

27.0

28.0

Foreign Exchange Reserves ($ billion)

 

-

3.0

4.5

Exports ($ billion)

 

9.72

10.12

13.89

Imports ($ billion)

 

8.8

9.3

8.6

Trade Surplus ($ billion)

 

0.92

0.82

5.29

Foreign Currency Reserves ($ billion) *

 

4.6

6.8

8.0

Foreign Debt ($ billions)

 

32.0

33.4

32.7

Budget Deficit ($ billions)

3.38

   
As of the end of December
p - projections based on an average price of $15 per oil barrel

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