State of the Economy

Published March 1st, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

Economic Figures

 

2000

1999

1998

1997

GDP Growth (percent)

6.0(T)

6.2

5.0

5.4

Exports (TDbn)

 

6.370*

6,532

6,148

Imports (TDbn)

 

9.182*

9,476

8,794

Inflation

 

2.7

3.1

3.7

Tourism Earnings (TD bn)

 

1.82*

1.71

1.55

Remittances (in cash and TD mn)

 

683*

654

616

Foreign Direct Investment (including energy) (TD mn)

 

277.5**

760

406

Current Account Balance (TD mn)

 

- 22.8

-769

-655

Unemployment***

  

15.2

15.4

Expenditure (budgeted TD bn)

10.510

9.590

8.726

 

Revenues (budgeted TD bn)

6.580

6.185

5.175

 

Government Net Deficit (excluding debt amortization) (budgeted TD bn)

-0.750 (T)

0.910 (E)

  

Deficit as % GDP

2.7 (T)

3.6 (E)

  

(T) = target

(E) = estimate

*Through November 1999

**Through September 1999

***Provisional

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