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Economic Performance in the second quarter of 2001 |
Preliminary estimation by National Administrative Department of Statistics (DANE) of
the Gross Domestic Product (GDP) annual growth up to the third quarter of 2001, was 1.4%.
Inflation measured as the Consumer Price Index (CPI) registered a value of 8.0% during the
year. The Producer Price Index (PPI) presented an annual growth of 8.0%, 4.9 percentage
points lower than the observed in the previous year. Unemployment remains high but
presented a slight decrease during the year. The current account registered a deficit due
to a fall in export with respect to September of 2000. This deficit was compensated by a
surplus in the capital account, which resulted in a positive variation in international
reserves. As a proportion of imports, reserves remained stable.
ECONOMIC PERFORMANCE IN THE SECOND QUARTER OF 2001 1/
ECONOMIC PERFORMANCE IN THE THIRD QUARTER OF 2001 1/ |
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| YEARS | GROWTH |
UNEMPLOYMENT |
CURRENT ACCOUNT (% of GDP) |
GROSS
INTERNATIONAL |
||
| GDP (%) |
CPI (%) |
PPI (%) |
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| 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 | -4,1 p | 9.2 | 12.7 | 18.0 | 0,4 p | 7,3 p |
| 2000 | 2,8 p | 8.8 | 11.0 | 19.5 | 0,4 pr | 7,5 pr |
| 2001 * | 1,4 p | 8.0 | 8.0 | 18.0 | -2,2 pr /2 | 7,4 pr |
*: Up to September.
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.
Economic Information
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