Macro Economic Forecast Vietnam

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Macroeconomic Forecast Vietnam - Asia Monitor

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VIETNAM - MACROECONOMIC FORECASTS 2007

2008

2009

2010

Population, mn 2

85.60

86.80

e -

Latest Period -

88.00

f 89.20

f

Nominal GDP, US$bn 3

70.94

84.59

-

-

90.11

f 95.00

f

GDP per capita, US$ 3

829

975

-

-

1024

f 1065

f

Real GDP growth, % change y-o-y 3

8.5

6.3

5.7

Oct-Dec

2.9

f 5.0

f

f 10.0

f

Industrial production index, % y-o-y, ave 4

16.3

14.4

2.5

Feb

6.0

Fiscal revenue, VNDbn 5

287900.0

331350.0

-

-

346942.5 f 401983.9 f

Fiscal expenditure, VNDbn 5

321970.0

407457.0

-

-

456500.0 f 521575.0 f

Budget balance, % of GDP 5

-5.4

-7.2

-

-

-8.2

f -8.1

f

Consumer prices, % y-o-y, ave 1,4

8.3

23.0

14.8

Feb

7.0

f 9.0

f

f 12.00

f

Lending rate, %, eop 2

12.00

15.00

-

-

9.00

Exchange rate VND/US$, eop 6

16018.00

17480.00

17473.00

3-4-09

19000.00 f 20000.00 f

Imports, US$bn 7

58.92

81.00

4.40

Feb

60.20

f 65.02

f

Exports, US$bn 7

48.56

63.25

4.30

Feb

50.90

f 55.99

f

Trade balance, US$bn 7

-10.36

-17.75

-0.10

Feb

-9.30

f -9.03

f

Current account, US$bn 7

-6.99

-10.27

e -

-

-4.00

f -2.73

f

Current account, % of GDP 7

-9.86

-12.14

e -

-

-4.44

f -2.87

f

Foreign reserves ex gold, US$bn 7

22.00

22.00

e 22.00

February

25.00

f 27.00

f

Import cover, months g&s 7

4.3

3.3

e -

-

5.0

f 5.0

f

Total external debt stock, US$mn 8

21.8

e 24.0

e -

-

28.0

f 34.0

f

Total external debt stock, % of GDP 8

0.03

e 0.03

e -

-

0.03

f 0.04

f

Notes: e BMI estimates. f BMI forecasts. 1 Base year 2000; Sources: 2 IMF. 3 IMF (General Statistics Office); 4 General Statistics Office; 5 ADB, Ministry of Finance; 6 BMI; 7 Asian Development Bank, State Bank of Vietnam; 8 World Bank.

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http://www.asia-monitor.com/file/table/1/75923/macroeconomic-forecast-vietnam.html

5/4/2009

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