Appendix 1 Key Economic Indicators -Vietnam

INDICATOR

2002

2003

2004

2005 e/

2006 p/

2007 p/

Year

Year

Year

Year

Year

Year

Output, Employment and Prices

GDP (% change previous year)

7.1

7.3

7.8

8.4

8.0

7.5

Industrial production index (% change, previous year)

14.5

15.5

16.0

17.2

16.5

16.5

Unemployment rate (%, urban areas)

6.0

5.8

5.6

5.3

5.0

5.0

Consumer price index (% change, period-end)

4.0

3.0

9.5

8.4

7.0

6.5

Public Sector

Government balance (% GDP)

-1.4

-1.2

0.9

-1.2

-1.3

-1.5

Domestic public sector debt (accumulated, % GDP)

6.3

6.8

7.5

8.3

9.2

10.5

Foreign Trade, BOP and External Debt

-3,027

-5,080

-5,469

-4,536

-4,708

-6,117

Trade balance ($US million)

-3,027

-5,107

-5,451

-4,648

-6,314

-7,979

Exports of goods, ($US million)

16,706

20,176

26,485

32,442

38,963

45,197

Exports of goods (% change, previous year)

11.2

20.8

31.3

22.5

20.1

16.0

Key exports, (value, % change) - crude oil

4.6

16.8

48.3

30.3

18.0

0.0

Imports of goods, ($US million, cif)

19,733

25,256

31,954

36,978

43,671

51,313

Imports of goods (% change, previous year)

22.1

28.0

26.5

15.7

18.1

17.5

Current account balance ($US million )

-670

-1,930

-1,565

215

165

-505

Current account balance (percent GDP)

-1.9

-4.9

-3.4

0.4

0.3

-0.7

Foreign direct investment ($US million)

2

1,900

1,900

1,980

2,150

2,600

Total external debt -DOD- ($US billion)

12.3

13.4

15.4

17.2

19.7

21.8

as percent of GDP

35.0

33.8

33.9

32.5

32.6

32.1

Debt service ratio (% exports of g&s)

8.3

7.5

5.9

5.5

5.6

5.8

Reserves, including gold ($US million)

3,695

5,620

6,314

8,560

11,460

15,000

Reserves (in weeks of imports of g&s)

7.2

8.7

8.5

9.8

11.2

12.5

Financial Markets

Credit to the economy (% change, period-end)

22.2

28.4

41.6

31.7

22.6

23.6

Short-term interest rate (3-M deposits, period-end)

7.0

6.3

6.7

7.8

7.9

7.5

e = estimate p = projection