Brazil

 Pre-Meeting Forecasts,Oct 2005                                          Project LINK -   UN/DESA Oct. 26th 2005

                                  |  2003    2004  %chg    2005  %chg    2006  %chg    2007  %chg    2008  %chg  |
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                         Aggregate Demand (Trillions of Cruzeiros,    Current Prices)
 PRIV CONSUMPTION    106 PCN      | 3924.9  4462.0   14.  5013.1   12.  5626.9   12. ******* 1793. *******    0. |
 PUBL CONSUMPTION    109 GCN      | 1089.8  1262.1   16.  1499.1   19.  1824.2   22.  2267.9   24.  2853.2   26. |
 FIXED INVESTMENT    105 IFN      | 1652.5  1812.0   10.  1994.2   10.  2186.7   10. 24389.8 1015. 24389.8    0. |
 EXPORTS GDS+SERV    108 XN       |  425.6   502.5   18.   552.1   10.   602.0    9. 14335.0 2281. 14335.0    0. |
 IMPORTS GDS+SERV    107 MN       |  201.7   228.5   13.   258.5   13.   289.3   12.   321.0   11.   353.7   10. |
 GROSS DOM PROD      103 GDPN     | 8150.3  9860.2   21. 11872.5   20. 14336.8   21. 16998.8   19. 21350.8   26. |
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                              Aggregate Demand (Millions of Cruzeiros, 1970 Prices)
 Priv consumption     79 PC       |  460.7   479.6   4.1   499.3   4.1   524.3   5.0   552.6   5.4   582.4   5.4 |
 Publ consumption    141 GC       |   90.6    90.7   0.1    93.2   2.8    96.2   3.2    98.7   2.6   100.9   2.2 |
 Fixed inbestment     74 IF       |  107.4   115.5   7.5   120.8   4.6   130.9   8.4   141.7   8.2   151.1   6.7 |
 Increase stocks     143 II       |   -3.6    -3.8   6.2    12.1 *****    17.3  42.6    22.4  29.9    27.6  23.0 |
 Exports gds+serv      5 X        |  121.7   143.6  18.0   162.3  13.0   179.7  10.7   201.8  12.3   228.6  13.3 |
 Imports gds+serv     56 M        |   68.7    78.5  14.3    90.1  14.7   104.8  16.4   123.7  18.0   139.3  12.6 |
 Gross dom prod       77 GDP      |  677.4   710.6   4.9   735.5   3.5   764.9   4.0   797.1   4.2   834.5   4.7 |
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                            Balance of Payments (Billions of Dollars, Current Prices)
 Exports             151 BLNK002  |   73.1    98.4  34.7   112.5  14.3   121.2   7.7   129.5   6.9   142.9  10.4 |
 Imports             152 BLNK003  |   48.5    61.8   27.    78.0   26.    84.5    8.    75.9  -10.    87.9   16. |
 FOB trade bal       213 TBL      |   24.6    36.7  48.8    34.5  -6.0    36.6   6.3    53.6  46.3    55.0   2.6 |
 Foreign debt         36 DEBT     |  214.9   201.4  -6.3   189.5  -5.9   187.8  -0.9   180.5  -3.9   173.3  -4.0 |
 Interest payment     37 INTD     |   10.1    11.2  10.7     8.6 -23.5     7.4 -13.7     5.1 -30.8     4.0 -21.1 |
 Curr acc balance    100 CABD     |  4.200  11.670 177.9  12.000   2.8   7.100 -40.8   3.500 -50.7   2.600 -25.7 |
 EXCH RATE(LOC/$)    153 REAL     |    3.1     2.9   -6.     2.4  -16.     2.6    6.     2.6    2.     2.7    3. |
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                                 Trade (Billions of U.S. Dollars, Current Prices)
 Exports SITC 0-1    180 VXL01    |   21.4    28.8  34.6    24.6 -14.6    22.5  -8.5    20.7  -8.0    20.7   0.0 |
         SITC 2+4    181 VXL24    |    8.9    10.9  22.5    11.4   4.6    12.7  11.4    13.3   4.7    16.4  23.3 |
         SITC 3      182 VXL3     |    0.7     0.8  14.3     0.8   0.0     0.9  12.5     1.0  11.1     1.2  20.0 |
         SITC 5-9    183 VXL59    |   42.1    56.0  33.0    70.0  25.0    95.5  36.4    82.8 -13.3   108.8  31.4 |
        All goods    184 VXL09    |   73.1    96.5  32.0   106.8  10.7   131.6  23.2   117.8 -10.5   147.1  24.9 |
 Imports SITC 0-1    190 VML01    |    4.0     5.3  32.5     5.9  11.3     9.4  59.3     8.2 -12.8    11.4  39.0 |
         SITC 2+4    191 VML24    |    3.1     4.4  41.9     4.7   6.8     7.2  53.2     5.9 -18.1     8.1  37.3 |
         SITC 3      192 VML3     |    7.3    11.2  53.4    12.2   8.9    12.3   0.8    11.5  -6.5    12.5   8.7 |
         SITC 5-9    193 VML59    |   33.9    41.9  23.6    45.5   8.6    69.6  53.0    63.4  -8.9    91.2  43.8 |
        All goods    194 VML09    |   48.3    62.8  30.0    68.3   8.8    98.5  44.2    89.0  -9.6   123.2  38.4 |
 Trade Balance                    |   24.8    33.7  35.9    38.5  14.2    33.1 -14.0    28.8 -13.0    23.9 -17.0 |
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                                             Key Economic Indicators
 GDP DEFLATOR         72 PGDP     |  12.03   13.84   15.   16.05   16.   18.62   16.  189.83  920.  189.83    0. |
 PRIV CONS DEFL       64 PPC      |   8.52    9.29    9.    9.94    7.   10.43    5.   10.65    2.   11.08    4. |
 INVEST DEFL          51 PIF      |  15.39   15.69    2.   16.01    2.   16.33    2.   16.65    2.   16.99    2. |
 EXPORT DEFL          30 PX       |    3.5     3.5    0.     3.5    0.     3.5    0.     3.5    0.     3.5    0. |
 IMPORT DEFL          31 PM       |    2.9     3.0    1.     3.0    1.     3.1    1.     3.1    1.     3.2    1. |
 PSBR TO GDP         154 BLNK005  |    2.7     3.1   15.     3.0   -3.     2.5  -17.     2.2  -12.     2.2    0. |
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Generated October 28, 2005.
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