Basic macroeconomic and fiscal indicators

previous year = 100

 
2001
2002
2003
2004
2005
2006
2007
2008
Gross domestic product, current prices, in billion dinars
768.6
983.8
1,137.6
1,388.1
1,691.9
1,987.8
2.273,71
2.773,82
Gross domestic product, in millions EUR
12,928.5
16,213.8
17,486.8
19,128.0
20,407.6
23,610.0
28.428,01
34.6862,3
Gross domestic product, per capita, EUR
1,723.0
2,161.8
2,337.6
2,563.0
2,742.7
3,185.6
3.851,21
4.7092,3
Gross domestic product, real growth, in %
5.4
3.6
2.8
8,2
6.0
5,6
7,11
7,02
 
 
 
 
 
 
 
 
 
Retail prices and consumer prices, growth rates
 
 
 
 
 
 
 
X
Retail prices, end of period
40.7
14.8
7.8
13.7
17.7
6.6
10.1
8.0
Consumer prices, period average
93.3
16.6
9.9
11.4
16,2
11,7
7.0
13.7
 
 
 
 
 
 
 
 
 
Foreign trade, in million EUR4
 
 
 
 
 
 
 
I-IX
Export of goods
1,922.2
2,870.4
2,441.0
2,831.6
3,608.3
5,102.5
6,432.2
5,689.6
European Union
892.4
960.7
1,202.3
1,456.5
2,117.6
2,942.9
3,602.7
3,120.7
Import of goods
4,759.2
5,956.6
6,585.5
8,623.3
8,439.2
10,462.6
13,506.8
11,848.2
Capital goods5
-
-
1,779.4
2,495.3
1,971.6
2,429.8
3,495.9
2,938.1
Intermediate goods5
-
-
2,251.9
2,830.6
3,027.6
3,781.4
4,892.1
4,105.3
Foreign trade deficit
-2,837.0
-3,754.7
-4,144.3
-5,791.7
-4,831.0
-5,360.1
-7,074.5
-6,158.7
 
 
 
 
 
 
 
 
I-VIII
Current account deficit (excluding donations)6
-976.9
-1,842.7
-1,674.8
-2,606.4
-2,050.0
-3,346.9
-5,227.7
-4.171,7
Current account deficit (excluding donations), as % of GDP
-7.4
-11.0
-9.3
-13.7
-9.7
-13.8
-17.5
18,0
Balance of payments, total6
559.9
981.1
813.5
360.2
1,627.6
4,316.1
891.8
-86,6
Foreign direct investments, net, in million EUR
184.0
502.2
1,205.7
776.6
1,244.6
3,398.7
1,601.6
1.581,0
 
 
 
 
 
 
 
 
 
Monetary and Foreign Exchange Indicators, end of period
 
 
 
 
 
 
 
IX
Dinar reserve money, in million dinars
41,448
69,323
69,996
76,969
94,220
143,407
169,064
161.7777
Money supply М3, in million dinars
125,415
191,491
245,062
323,465
459,650
638,505
903,698
966.6667
Dinar loans disbursed to:
75,187
97,589
141,498
231,866
394,118
521,770
759,457
901.7127
Economic organizations
68,377
77,845
109,047
161,776
255,965
306,918
439,937
553.6627
Households
5,277
16,139
29,333
66,354
131,845
205,146
305,665
326.2467
Foreign currency reserves of NBS, in million EUR
1,320
2,175
2,840
3,117
4,935
9,025
9,641
9,693
Value of USD against dinar
67.67
58.98
54.64
57.94
72.22
59.98
53.73
53.28
Value of EUR against dinar
59.71
61.52
68.31
78.89
85.50
79.00
79.24
76.60
Citizen savings, million EUR, end of period
329.8
796.1
1,086.7
1,461.1
2,274.3
3,413.1
5,028.5
5,874.6
 
 
 
 
 
 
 
 
 
Employment, wages and pension benefits
 
 
 
 
 
 
 
IX
Employment level, average (thousands)
2,102
2,067
2,040
2,051
2,069
2,026
2,002
1,998
Unemployment level, end of period (thousands)
 
 
 
 
896
916
785
727
Unemployment rate, ILO definition
 
 
 
19.5
21.8
21.6
18.8
-
Net wages, period average, in dinars
6,078
9,208
11,500
14,108
17,443
21,707
27,759
31,832
- real growth rates
16.5
29.9
13.6
10.1
6.4
11.4
19.5
4.6
Pension benefits, period average, in dinars
4,107
6,546
7,844
9,244
11,484
14,041
14,996
18,350
- real growth rates
18.4
36.7
9.0
5.7
6.9
9.5
5.8
8.6

Source: RSO, NBS, NEA and EPF

 

1 RSO estimation. 2 MFO estimation. 3 For precalculations was used average yearly exhcange rate RSD/EUR, NBS. 4 Data for foreign trade with Montenegro included in 2006. 5 New classification in order from 2004. 6 For precalculations from USD to EUR was used average relation of USD to EUR . 7End of August 2008.