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Economic Performance in the second quarter of 2001 |
According to provisional estimates made by National Administrative Department of
Statistics (DANE), in the second quarter of 2001 Gross Domestic Product (GDP) fell
–0.10. In one quarter the unemployment rate decreased by 1.5 percentage point
registering 18.1% in June 2001. Additionally, inflation measured by the increase in the
Consumer Price Index (CPI) was 7.9%, and measured by the Producer Price Index (PPI) was
10.1%, in June 2001. The exchange rate increased by 5.5% reaching 2,305.66 pesos per
dollar in the first semester of 2001.
ECONOMIC PERFORMANCE IN THE SECOND QUARTER OF 2001 1/
| YEARS | GROWTH |
UNEMPLOYMENT RATE (%) |
CURRENT ACCOUNT (% of GDP) |
GROSS INTERNATIONAL RESERVES (Months of imports of goods and services) |
||
| GDP (%) |
CPI (%) |
PPI (%) |
||||
| 1990 | 4,3 | 32,4 | 29,9 | 10,6 | 1,2 | 7,6 |
| 1991 | 2,0 | 26,8 | 23,1 | 9,4 | 4,8 | 11,6 |
| 1992 | 4,1 | 25,1 | 17,8 | 9,8 | 1,5 | 11,2 |
| 1993 | 5,4 | 22,6 | 13,2 | 7,8 | -3,4 | 8,1 |
| 1994 | 5,8 | 22,6 | 20,7 | 8,0 | -4,5 | 7,0 |
| 1995 | 5,2 | 19,5 | 15,4 | 9,5 | -5,0 | 6,3 |
| 1996 | 2,1 | 21,6 | 14,5 | 11,3 | -4,9 | 7,3 |
| 1997 | 3,4 | 17,7 | 17,5 | 12,0 | -5,5 | 6,5 |
| 1998 | 0,6 | 16,7 | 13,5 | 15,6 | -5,3 | 6,0 |
| 1999 | -4,3 p | 9,2 | 12,7 | 18,0 | 0,2 p | 7,3 p |
| 2000 | 2,8 p | 8,8 | 11,0 | 19,7 p | 0,4 pr | 7,5 pr |
| 2001 * | 1,6 p | 7,9 | 10,1 | 18,1 | -2,9 pr*/2 | 7,0 pr* |
*: Upt to June.
p: Provisional. pr: Preliminar.
1/ Since 1994, the statistics correspond to the new measurement of the
Balance of Payment, according to the Balance of Payment Methodology of the 5th
International Edition of the Monetary Fund Balance of Payment Manual.
2/ This indicator is calculated over quarter nominal GDP in pesos,
published by DANE
Source: National Administrative Department of Statistics (DANE), National
Planning Department ( DNP) and Banco de la República.
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