Venezuela

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

                                  |  2003    2004  %chg    2005  %chg    2006  %chg    2007  %chg    2008  %chg  |
 -----------------------------------------------------------------------------------------------------------------
                        Aggregate Demand (Billions of Venezuelan Bolivars, Current Prices)
 Priv consumption      2 CPTC     |95115.3 *******  41.9 *******  34.7 *******  32.5 *******  24.8 *******  20.4 |
 Export goods+ser     53 X        |50131.3 79891.2  59.4 *******  48.0 *******  25.5 *******  13.8 *******  19.6 |
 Import goods+ser     63 M        |25808.4 53062.0 105.6 84713.8  59.7 *******  52.8 *******  39.4 *******  38.1 |
 Gross dom prod       95 PTBC     |******* *******  53.3 *******  31.7 *******  24.1 *******  22.1 *******  21.2 |
 -----------------------------------------------------------------------------------------------------------------
                         Aggregate Demand (Millions of Venezuelan Bolivars, 1968 Prices)
 Priv consumption      1 CPTR     | 53172.  61999.  16.6  71794.  15.8  82492.  14.9  89586.   8.6  92363.   3.1 |
 Publ consumption      3 CGR      | 14800.  16857.  13.9  19066.  13.1  21373.  12.1  22698.   6.2  23265.   2.5 |
 Priv. invest        330 IBFPR    | 3794.3  4059.9   7.0  4510.5  11.1  4871.4   8.0  5163.6   6.0  5421.8   5.0 |
 Publ invest         333 IBFGR    |  6371.   8811.  38.3  11013.  25.0  12445.  13.0  13690.  10.0  14785.   8.0 |
 Export goods+ser     54 XR       | 7489.6  8373.4  11.8  8800.4   5.1  9055.6   2.9  9345.4   3.2  9653.8   3.3 |
 Import goods+ser     64 MR       |  6570.  10511.  60.0  15105.  43.7  20285.  34.3  23409.  15.4  24627.   5.2 |
 Gross dom prod       96 PTBR     | 73009.  86078.  17.9  95030.  10.4 102347.   7.7 106953.   4.5 109520.   2.4 |
 -----------------------------------------------------------------------------------------------------------------
                          Balance of Payments (Billions of U.S. Dollars, Current Prices)
 Exports             536 BLNK041  | 27.009  38.515  42.6  56.117  45.7  59.315   5.7  58.425  -1.5  56.673  -3.0 |
 Imports             537 BLNK042  | 16.825  25.069  49.0  34.570  37.9  40.689  17.7  43.497   6.9  46.498   6.9 |
 FOB trade bal       514 TBL      | 10.184  13.446  32.0  21.546  60.2  18.626 -13.6  14.928 -19.9  10.174 -31.8 |
 Curr acc balance     25 BALCCTE@ | 11.027 ******* ***** ******* 212.1 *******  28.0 *******   2.4 *******  -2.7 |
 Foreign debt        527 DEBT     | 39.700  43.200   8.8  43.400   0.5  43.600   0.5  45.900   5.3  48.500   5.7 |
 Interest payment    525 IPYM     | 3.0966  3.3696   8.8  3.3852   0.5  3.4008   0.5  3.5802   5.3  3.7830   5.7 |
 Exch rate(loc/$)    321 TCM3     |******* *******  16.8 *******  11.8 *******   2.3 *******   8.9 *******  15.3 |
 -----------------------------------------------------------------------------------------------------------------
                                 Trade (Billions of U.S. Dollars, Current Prices)
 Exports SITC 0-1    481 VXL01    |  0.453   0.657  44.8   0.685   4.3   0.718   4.9   0.792  10.3   0.838   5.7 |
         SITC 2+4    482 VXL24    |  0.734   0.951  29.6   1.025   7.7   1.121   9.4   1.176   4.9   1.216   3.4 |
         SITC 3      483 VXL3     | 22.193  31.983  44.1  49.370  54.4  52.791   6.9  52.011  -1.5  50.107  -3.7 |
         SITC 5-9    484 VXL59    |  3.629   4.924  35.7   5.038   2.3   4.685  -7.0   4.446  -5.1   4.513   1.5 |
        All goods    485 VXL09    | 27.009  38.515  42.6  56.117  45.7  59.315   5.7  58.425  -1.5  56.673  -3.0 |
 Imports SITC 0-1    491 VML01    |  1.613   2.838  75.9   4.007  41.2   5.437  35.7   6.699  23.2   7.978  19.1 |
         SITC 2+4    492 VML24    |  3.614   6.278  73.7   9.593  52.8  13.823  44.1  15.925  15.2  16.896   6.1 |
         SITC 3      493 VML3     |  0.159   0.292  84.3   0.375  28.3   0.388   3.5   0.446  14.9   0.469   5.1 |
         SITC 5-9    494 VML59    | 11.439  15.661  36.9  20.595  31.5  21.040   2.2  20.427  -2.9  21.155   3.6 |
        All goods    495 VML09    | 16.825  25.069  49.0  34.570  37.9  40.689  17.7  43.497   6.9  46.498   6.9 |
 Trade balance                    | 10.184  13.446  32.0  21.546  60.2  18.626 -13.6  14.928 -19.9  10.175 -31.8 |
 -----------------------------------------------------------------------------------------------------------------
                                             Key Economic Indicators
 GDP deflator        241 IDPT     |  203.6   264.7  30.0   315.8  19.3   363.8  15.2   424.9  16.8   503.1  18.4 |
 Cons price index    238 IDCPR    |  178.9   217.7  21.7   253.2  16.3   291.9  15.3   335.4  14.9   391.8  16.8 |
 Whole sale price    235 IGPM     |  118.7   154.3  30.0   180.5  17.0   205.2  13.7   242.5  18.2   289.8  19.5 |
 Exp G+S defl        228 IPX      |   669.    958.  43.1   1440.  50.4   1544.   7.2   1624.   5.2   1765.   8.7 |
 Imp G+S defl        278 IPMS     |  392.9   504.8  28.5   558.3  10.6   589.6   5.6   683.9  16.0   834.4  22.0 |
 Unemployment (%)    154 UR       |   18.0    15.0 -16.7    12.0 -20.0    11.0  -8.3     9.0 -18.2    11.0  22.2 |
 -----------------------------------------------------------------------------------------------------------------
 VER is inventory change and residual


Generated October 28, 2005.
Return to Country list.
Return to Project Link home page.