GDP

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1 5 Tables Table 5.1 Eurozone forecasts (% YoY) GDP at constant prices Private consumption Public consumption Gross Fixed Capital Formation Inventories (*) Domestic Demand (*) Exports (goods and services) Imports (goods and services) External Demand (*) Prices and Costs CPI CPI Core Labour Market Employment Unemployment rate (% of labour force) Public Sector Surplus (+) / Deficit (-) (% GDP) Public debt (% GDP) External Sector Current Account Balance (% GDP) (*) Contribution to GDP growth. Table 5.2 Macroeconomic Forecasts: Gross Domestic Product (End of period, YoY rate) United States Eurozone Germany France Italy Spain UK Latin America * EAGLES ** Asia Pacific Japan China Asia (exc. China) World ** Bangladesh, Brazil, China, India, Indonesia, Iraq, Mexico, Nigeria, Pakistan, Philippines, Russia, Saudi Arabia, Thailand and Turkey. Forecast closing date: 30 April and IMF 19 / 25

2 Table 5.3 Macroeconomic forecasts: Inflation (Annual average, YoY rate) United States Eurozone Germany France Italy Spain UK Latin America * EAGLES ** Turkey Asia Pacific Japan China Asia (exc. China) World ** Bangladesh, Brazil, China, India, Indonesia, Iraq, Mexico, Nigeria, Pakistan, Philippines, Russia, Saudi Arabia, Thailand and Turkey. Forecast closing date: 30 April and IMF Table 5.4 Macroeconomic forecasts: Current Account (End of period, % GDP) United States Eurozone Germany France Italy Spain UK Latin America * EAGLES ** Turkey Asia Pacific Japan China Asia (exc. China) ** Bangladesh, Brazil, China, India, Indonesia, Iraq, Mexico, Nigeria, Pakistan, Philippines, Russia, Saudi Arabia, Thailand and Turkey. Forecast closing date: 30 April and IMF 20 / 25

3 Table 5.5 Macroeconomic Forecasts: Government Balance End of period, % GDP United States EMU Germany France Italy Spain * UK ** Latin America *** EAGLES **** Turkey Asia Pacific Japan China Asia (exc. China) ** Brazil, China, India, Indonesia, Mexico, Russia and Turkey. Forecast closing date 6 February and IMF Table 5.6 Financial variables Macroeconomic Forecasts: Official Interest Rates (End of period) United States Eurozone China Macroeconomic Forecasts: 10-year government bond yield (Annual average) United States Germany Macroeconomic Forecasts: Exchange Rates (Annual average) USD-EUR EUR-USD GBP-USD JPY-USD CNY-USD Forecast closing date: 6 February and IMF 21 / 25

4 Table 5.7 Germany: GDP growth and inflation forecasts (% YoY) Private consumption Public consumption Gross Fixed Capital Formation Inventories (*) Domestic Demand (*) Exports Imports Net exports (*) GDP Inflation Table 5.8 France: GDP growth and inflation forecasts (% YoY) Private consumption Public consumption Gross Fixed Capital Formation Inventories (*) Domestic Demand (*) Exports Imports Net exports (*) GDP Inflation Table 5.9 Italy: GDP growth and inflation forecasts (% YoY) Private consumption Public consumption Gross Fixed Capital Formation Inventories (*) Domestic Demand (*) Exports Imports Net exports (*) GDP Inflation / 25

5 Table 5.10 Portugal: GDP growth and inflation forecasts (% YoY) Rate YoY Private consumption Public consumption Gross Fixed Capital Formation Inventories (*) Domestic Demand (*) Exports Imports Net exports (*) GDP Inflation Table 5.11 Spain: GDP growth and inflation forecasts (% YoY) Private consumption Public consumption Gross Fixed Capital Formation Equipment and other products Construction Housing Other construction Inventories (*) Domestic Demand (*) Exports Imports Net exports (*) GDP Inflation Table 5.12 UK: GDP growth and inflation forecasts (% YoY) Private consumption Public consumption Gross Fixed Capital Formation Inventories (*) Domestic Demand (*) Exports Imports Net exports (*) GDP Inflation / 25

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7 This report has been produced by the Europe Unit: Chief Econmist for Developed Economies Rafael Doménech Europe Miguel Jiménez Agustín García Diego Torres Massimo Trento Sonsoles Castillo BBVA Research Group Chief Economist Jorge Sicilia Serrano Developed Economies Area Rafael Doménech Emerging Markets Area Alicia García-Herrero Financial Systems and Regulation Area Santiago Fernández de Lis Global Areas Spain Miguel Cardoso Europe Miguel Jiménez US Nathaniel Karp Cross-Country Emerging Markets Analysis Alvaro Ortiz Asia Le Xia Mexico Carlos Serrano LATAM Coordination Juan Manuel Ruiz Argentina Gloria Sorensen Financial Systems Ana Rubio Financial Inclusion David Tuesta Regulation and Public Policy María Abascal Recovery and Resolution Strategy José Carlos Pardo Global Coordination Matías Viola Economic Scenarios Julián Cubero Financial Scenarios Sonsoles Castillo Innovation & Processes Oscar de las Peñas Chile Jorge Selaive Colombia Juana Téllez Peru Hugo Perea Venezuela Oswaldo López Contact details: BBVA Research Paseo Castellana, 81 7th floor Madrid (Spain) Tel.: and Fax: / 25