FEAS Yearbook FEAS Yearbook 2009 | Page 115

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT APRIL 2009 NASDAQ OMX ARMENIA ARMENIAN ECONOMIC CHARTS AND TABLES GDP at market prices (Dram bn) GDP (US$ bn) Real GDP growth (%) Consumer price inflation (av; %) Population (m) Exports of goods fob (US$ m) Imports of goods fob (US$ m) Current-account balance (US$ m) Foreign-exchange reserves excl gold (US$ m) Exchange rate (av) Dram:US$ 2003 (a) 2004 (a) 2005 (a) 2006 (a) 2007 (a) 1,624.6 2.8 14.0 4.8 3.0 696.1 1,130.2 -189.5 502.0 578.8 1,907.9 3.6 10.5 7.0 3.0 738.3 1,196.3 -19.6 547.8 533.5 2,242.9 4.9 14.0 0.6 3.0 1,004.9 1,592.8 -51.7 669.5 457.7 2,656.2 6.4 13.3 2.9 3.0 1,025.5 1,921.3 -117.1 1,071.9 416.0 3,148.7 9.2 13.7 4.4 3.0 1,200.2 2,807.1 -571.4 1,659.1 342.1 (a) Actual. ECONOMIC FORECAST SUMMARY Real GDP growth Gross agricultural production growth Consumer price inflation (av) Short-term interbank rate Consolidated budget balance (% of GDP) Exports of goods fob (US$ m) Imports of goods fob (US$ m) Current-account balance (US$ m) Current-account balance (% of GDP) Exchange rate Dram:US$ (av) Exchange rate Dram:[euro] (av) Exchange rate Dram:Rb (av) 2006 (a) 2007 (a) 2008 (b) 2009 (b) 13.3 0.6 (c) 2.9 16.5 -1.5 1,025.5 1,921.3 -117.1 -1.8 416.0 522.4 15.3 13.7 9.6 (c) 4.4 17.5 -0.7 1,200.2 2,807.1 -571.4 -6.2 342.1 468.2 13.4 10.0 7.0 9.1 17.3 -1.7 1,236.7 3,634.0 -900.2 -7.2 302.5 465.9 12.6 7.0 5.0 5.6 16.9 -2.0 1,277.8 4,148.0 -990.5 -6.2 279.7 425.1 11.4 (a) Actual. (b) The Economist Intelligence Unit forecasts. (c) The Economist Intelligence Unit estimates. 2007-PRINCIPAL EXPORTS (FOB) (%) Base metals Precious or semi-precious stones & metals Mineral products Prepared foodstuffs Other 2007-PRINCIPAL IMPORTS (CIF) (%) Mineral products Transport equipment 14.9 13.1 18.5 12.5 33.7 Belgium 10.6 15.8 47.6 Germany Other The Netherlands 2007-MAIN ORIGINS OF IMPORTS (%) Russia Ukraine Kazakhstan Germany Other 15.3 14.7 17.4 12.9 20.4 2007-MAIN DESTINATIONS OF EXPORTS (%) Russia Machinery & equipment Base metals Other 13.5 62.9 7.7 7.3 9.1 6.8 45.3 The Economic Intelligence Unit Ltd., August 2008 PAGE 113