South Africa's current account deficit widened to 1.6% of GDP for 2023, from 0.5% in the previous year. Current Account to GDP in South Africa averaged -1.47 percent of GDP from 1963 until 2023, reaching an all time high of 6.00 percent of GDP in 1987 and a record low of -7.50 ...
The IMF staff is also using alternative measures of GDP growth for macroeconomic surveillance, including data produced by private analysts, which have shown significantly lower real GDP growth than the official data since 2008. National accounts manual used: SNA 1993 GDP valuation: Market prices ...
GDP - real growth rate: This entry gives GDP growth on an annual basis adjusted for inflation and expressed as a percent. GDP (official exchange rate): This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A...
The results indicate that in the long-run, GDP per capital, INV, M2 and DER in PMG model positively impact CAB while the real effective exchange rate (REER) has a negative and statistically significant long term effect on CAB. The results of DFE model suggest that an increase in GDPPC ...
Real GDP growth for 2022-23 is estimated at 7.2%Q1 – 16.2% Q2 – 6.2% Q3 – 4.1% Q4 – 4.0%Repo rateIt is the rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds. The repo rate is used by monetary authorities to ...
(e.g., net foreign assets, real effective exchange rate, real GDP growth and trade openness), which better captures the determinants of global current account imbalances. Second, employ the difference and system GMM estimation in a strongly balanced panel framework of 106 sample countries (among ...
China's consumer price index (CPI) rose at their highest rate in more than eight years with inflation more than expected on the back of Lunar New Year demand and a deadly virus outbreak. The consumer price index stood at 5.4% in January 2020 with food prices spiked 20.6%. The rise in ...
TheAtlanta Fed’s GDPNowbarometer for fourth-quarter growth is at 3.1%. Freddie Mac’s 30-year fixed-rate mortgageis 6.85%. No market moving inflation data next week, but we do get some updates on the state of manufacturing in the U.S. ...
s growth. This situation has limited the growth of the nation’s GDP in the past and has had an adverse impact on employment, international competitiveness, and exports, and has aided in promoting poverty. For ordinary citizens, the load-shedding is causing serious interference to their daily ...
Most advanced economies follow the approach of being independent of government. However, in some recent instances, such as inTurkeyandSouth Africa, governments have attempted to influence central bank interest-rate policies directly. This has often led to surging inflation. In Turkey, President Erdogan...