GDP to increase in 2011

The Economist Intelligence Unit forecasts for Cuba, “fiscal retrenchment will limit growth to only 2% in 2010. In 2011 policy relaxation will allow growth to pick up to 3.7%.”

Key indicators	2009	2010	2011	2012	2013	2014
Real GDP growth (%)	1.4	2.0	3.7	4.2	4.4	4.2
Consumer price inflation (av; %)	-0.5	0.7	5.4	4.9	3.1	4.1
Budget balance (% of GDP)	-4.8	-3.4	-3.1	-3.1	-3.1	-3.1
Current-account balance (% of GDP)	1.0	0.2	0.3	-0.3	-0.3	-0.5
Exchange rate Official CUP :US$ (av)	0.93	0.93	0.93	0.93	0.93	0.93
Exchange rate Official CUP :€ (av)	1.29	1.17	1.10	1.09	1.09	1.12

Tagged as: Cuba, economist intelligence unit, Economy, eiu, GDP