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Growth is expected to improve through accommodative government policies. However, banking and financial vulnerabilities risk derailing the recovery—slow credit growth and increasing nonperforming loans could hurt the financial sector, while many banks remain weak and require restructuring. Reforming the banking sector and state enterprises are key challenges.
Real Gross Domestic Product (y-o-y growth, %)
y-o-y = year-on-year.
Source: CEIC database; General Statistics Office.
Source: CEIC database; General Statistics Office.
| Latest | Month-Ago | Year-Ago | ||
|---|---|---|---|---|
| Exchange Rate Index 1 | 76.4 (Feb13) | 76.4 | 76.2 | |
| Merchandise Export Growth 2 | 19.8 (Feb13) | 28.5 | 26.0 | |
| Composite Stock Price Index 3 | 51.7 (Mar13) | 51.9 | 47.5 | |
| Growth of Broad Money 4 | 22.9 (Nov12) | 20.3 | 12.5 | |
| Industrial/Manufacturing Production Growth Rate 5 | 5.9 (Dec12) | 4.9 | 7.5 | |
| Headline Inflation Rate 5 | 7.0 (Feb13) | 7.1 | 16.4 | |
| Claims on the Private Sector 5 | 8.2 (Sep12) | 6.9 | 19.4 | |
| 1 Monthly average, January 2006 = 100, $/local currency; an increase from previous period indicates appreciation. 2 3-month moving average, y-o-y, %. 3 Monthly average, January 2007=100, local index. 4 M2, y-o-y, %. 5 y-o-y, %. | ||||
| Source: Bloomberg LP; CEIC database; General Statistics Office; IMF International Financial Statistics Online. | ||||
