Basic macroeconomic and fiscal indicators

2007

2008

Gross domestic product, current prices, in billion dinars

2.393,02

-

Gross domestic product, in millions EUR3

29.920,02

-

Gross domestic product, per capita, EUR3

3.971,02

-

Gross domestic product, real growth, in %

7,52

-

Retail prices and consumer prices, growth rates

I-IV

Retail prices, end of period

10.1

3.9

Consumer prices, period average

7.0

14.0

Foreign trade, in million EUR4,5

I-III

Export of goods

6,432.2

1,675.6

European Union

3,602.7

940.0

Import of goods

13,358.7

3,629.1

Capital goods6

3,448.9

860.9

Intermediate goods6

4,860.9

1,207.2

Foreign trade deficit

-6,926.4

1,953.5

I-II

Current account deficit (excluding donations)

-5,227.7

719.9

Current account deficit (excluding donations), as % of GDP

-17.5

-

Balance of payments, total

891.9

-22.3

Foreign direct investments, net, in million EUR

1,601.6

522.4

Monetary and Foreign Exchange Indicators, end of period

III

Dinar reserve money, in million dinars

169,064

142,112

Money supply М3, in million dinars

903,698

939.0137

Dinar loans disbursed to:

777,655

831,668

Economic organizations

444,250

483,378

Households

306,169

332,960

Foreign currency reserves of NBS, in million EUR

9,369

9,553

Value of USD against dinar

53.73

52.1

Value of EUR against dinar

79.24

82.3

Citizen savings, million EUR, end of period

4,952.7

5,218.3

Employment, wages and pension benefits

III

Employment level, average (thousands)

2,002

1,987

Unemployment level, end of period (thousands)

785

795

Unemployment rate, ILO definition

18.8

-

Net wages, period average, in dinars

27,759

30,004

- real growth rates

19.5

5.4

Pension benefits, period average, in dinars

14,996

17,190

- real growth rates

5.8

6.1

Source: RSO, NBS, NEA and EPF

1 Preliminary results. 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. For precalculations from USD to EUR for 2001. and 2002. was used average relation of USD to EUR for those years, as for balance of payments from 2001. to 2008. 6. New classification in order from 2004. 7. February 2008.

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