Chapter

Statistical Appendix

Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Published Date:
October 2008
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The IMF’s Middle East and Central Asia Department (MCD) countries comprise Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Iran, Iraq, Jordan, Kazakhstan, Kuwait, the Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tajikistan, Tunisia, Turkmenistan, the United Arab Emirates, Uzbekistan, the West Bank and Gaza, and Yemen.

The following statistical appendix tables contain data for 30 of the MCD countries. Somalia and the West Bank and Gaza are not included because of limited data availability. Afghanistan, Iraq, and Turkmenistan are included in the tables, but excluded from the country grouping averages in all the tables except Tables 2, 3, 5, 1416, and 19. Data revisions reflect changes in methodology and/or revisions provided by country authorities.

The data relate to the calendar year, with the following exceptions: (1) for Qatar, fiscal data are on a fiscal year (April/March) basis; and (2) for Afghanistan, Egypt, Iran, and Pakistan, all macroeconomic accounts data are on a fiscal year basis. For Egypt and Pakistan, the data for each year (e.g., 2004) refer to the fiscal year (July/June) ending in June of that year (e.g., June 2004). For Afghanistan and Iran, data for each year refer to the fiscal year (March 21/March 20) starting in March of that year. Data in Table 6 relate to the calendar year for all countries.

In Tables 4, 10, and 11, “oil” includes gas, which is also an important resource in several countries.

REO aggregates are constructed using a variety of weights as appropriate to the series:

  • Country group composites for the growth rates of monetary aggregates and exchange rates (Tables 7 and 18) are weighted by GDP converted to U.S. dollars at market exchange rates (both GDP and exchange rates are averaged over the preceding three years) as a share of MCD or group GDP.

  • Composites for other data relating to the domestic economy (Tables 1, 4, 6, and 813), whether growth rates or ratios, are weighted by GDP valued at purchasing power parities (PPPs) as a share of total MCD or group GDP.

  • Composites relating to the external economy (Tables 17 and 20) are sums of individual country data after conversion to U.S. dollars at the average market exchange rates in the years indicated for balance of payments data and at end-of-year market exchange rates for debt denominated in U.S. dollars.

Tables 2, 3, 5, 1416, and 19 are sums of the individual country data.

Table 1.Real GDP Growth(Annual change; in percent)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia5.36.26.26.56.56.45.9
Oil exporters5.86.46.66.36.46.46.1
Algeria4.35.25.12.04.64.94.5
Azerbaijan8.310.424.330.523.416.016.4
Bahrain5.65.67.96.56.06.36.0
Iran5.75.14.75.86.45.55.0
Iraq46.5−0.76.21.59.07.3
Kazakhstan10.49.69.710.78.94.55.3
Kuwait13.410.711.46.34.65.95.8
Libya3.14.410.36.76.87.18.1
Oman4.65.36.06.86.47.46.0
Qatar8.917.79.215.015.916.821.4
Saudi Arabia3.75.35.63.03.55.94.3
Syria3.12.83.34.43.94.25.2
Turkmenistan17.314.713.011.411.610.810.3
United Arab Emirates7.79.78.29.47.47.06.0
Low-income countries5.76.26.78.18.66.97.4
Afghanistan12.08.816.18.211.57.58.3
Armenia10.710.514.013.313.810.08.0
Djibouti2.33.03.24.85.35.96.9
Georgia5.85.99.69.412.43.54.0
Kyrgyz Republic4.97.0−0.23.18.27.56.7
Mauritania3.35.25.411.41.05.06.8
Sudan6.45.16.311.310.28.57.7
Tajikistan9.710.66.77.07.86.07.0
Uzbekistan4.87.77.07.39.58.07.5
Yemen4.34.05.63.23.33.58.1
Emerging markets4.35.85.46.66.16.44.9
Egypt3.94.14.56.87.17.26.0
Jordan5.68.67.16.36.05.55.2
Lebanon4.27.51.10.04.06.05.0
Morocco4.84.83.07.82.76.55.5
Pakistan4.37.47.76.96.45.83.5
Tunisia4.66.04.05.56.35.55.0
Memorandum
CCA8.49.111.013.112.07.78.2
MENA5.25.75.55.75.86.35.9
Of which
GCC5.97.57.05.65.57.16.6
Maghreb4.35.15.24.84.75.75.4
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 2.Nominal GDP(In billions of U.S. dollars)
Average 2000-04200420052006Est. 2007Proj.2008Proj. 2009
Middle East and Central Asia990.91,244.51,508.31,800.32,122.32,833.03,136.0
Oil exporters673.9881.51,102.61,329.01,569.42,165.52,369.4
Algeria63.885.1102.7116.8134.3171.3171.1
Azerbaijan6.68.713.220.931.253.368.0
Bahrain9.111.213.515.817.419.720.4
Iran124.7161.3188.0222.1285.3382.3442.6
Iraq25.831.449.562.491.696.8
Kazakhstan27.843.057.480.3105.9141.2157.3
Kuwait43.659.480.898.7111.5159.7163.2
Libya30.833.345.555.169.9108.5112.3
Oman21.324.830.935.740.456.359.8
Qatar22.031.742.556.973.3116.9144.1
Saudi Arabia205.3250.7315.8356.6381.9528.3568.9
Syria22.325.028.634.939.044.545.7
Turkmenistan9.314.217.221.426.222.025.7
United Arab Emirates82.2107.3135.2164.1190.7270.0293.5
Low-income countries52.768.183.6103.5130.5169.0197.9
Afghanistan4.65.46.57.79.612.815.2
Armenia2.63.64.96.49.212.114.0
Djibouti0.60.70.70.80.81.01.1
Georgia3.85.16.47.810.213.314.0
Kyrgyz Republic1.72.22.52.83.75.06.1
Mauritania1.21.51.92.72.83.64.1
Sudan16.021.727.436.446.262.271.3
Tajikistan1.42.12.32.83.74.85.5
Uzbekistan11.412.014.317.022.326.632.2
Yemen11.213.916.719.121.827.634.4
Emerging markets264.3295.0322.1367.8422.3498.5568.7
Egypt88.478.889.8107.4128.0158.3203.0
Jordan9.711.412.614.115.819.121.7
Lebanon18.821.521.622.824.628.030.9
Morocco44.456.959.565.675.190.597.7
Pakistan80.198.1109.6127.0143.8160.9171.5
Tunisia22.728.329.031.035.041.843.9
Memorandum
CCA64.690.9118.2159.5212.6278.2322.9
MENA846.21,055.61,280.51,513.81,766.02,393.92,641.6
Of which
GCC383.5485.1618.6727.9815.21,150.91,249.9
Maghreb163.0205.1238.6271.2317.1415.6429.1
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 3.GDP at Purchasing Power Parity Prices(In billions of U.S. dollars)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia2,490.42,895.43,254.23,574.13,902.44,237.74,246.8
Oil exporters1,573.71,845.72,116.92,319.52,528.72,745.92,742.3
Algeria156.6181.5198.9209.4224.9241.1241.4
Azerbaijan23.829.538.451.765.577.780.2
Bahrain15.418.120.422.424.426.527.5
Iran506.3591.6634.6693.3757.5816.8813.9
Iraq82.690.594.3104.8104.8
Kazakhstan93.6116.6131.8150.6168.4179.8180.5
Kuwait81.699.1110.5121.3130.2141.0141.7
Libya54.562.668.575.582.890.684.0
Oman41.446.851.256.461.767.768.5
Qatar40.351.656.366.979.795.188.6
Saudi Arabia386.1439.0491.0522.1555.1600.5604.5
Syria63.070.975.881.787.292.893.4
Turkmenistan13.218.120.423.426.830.430.8
United Arab Emirates98.0120.4136.7154.4170.3186.2182.4
Low-income countries176.6208.1228.8255.0284.7310.8320.9
Afghanistan12.713.715.717.620.122.023.0
Armenia8.310.712.614.717.219.320.2
Djibouti1.31.41.51.61.71.92.9
Georgia11.714.015.717.820.521.723.8
Kyrgyz Republic7.58.68.99.510.511.512.5
Mauritania4.14.65.05.76.06.47.4
Sudan48.656.762.071.280.589.389.5
Tajikistan7.08.89.710.711.812.813.5
Uzbekistan40.346.851.557.164.270.971.7
Yemen40.242.946.249.252.255.256.3
Emerging markets740.1841.5908.5999.61,089.01,180.91,183.6
Egypt276.6309.7333.3367.6404.3443.1441.8
Jordan18.321.523.525.828.130.331.1
Lebanon31.936.838.439.642.345.845.4
Morocco88.8101.9108.2120.4126.9138.2137.1
Pakistan272.6311.7340.3375.6410.3443.7444.3
Tunisia52.059.964.870.677.083.183.9
Memorandum
CCA205.4253.0288.9335.4384.9423.0433.3
MENA2,012.42,330.62,625.02,863.13,107.13,372.13,369.2
Of which
GCC662.7774.9866.1943.51,021.31,114.01,113.3
Maghreb356.0410.5445.4481.6517.6557.9553.8
Source: IMF, World Economic Outlook.
Source: IMF, World Economic Outlook.
Table 4.Oil and Non-Oil Real GDP Growth for Oil Exporters(Annual change; in percent)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Non-Oil GDP
Oil exporters6.17.07.17.57.56.76.4
Algeria4.86.24.75.66.06.56.4
Azerbaijan11.113.88.411.911.513.08.0
Bahrain7.110.711.68.07.77.46.6
Iran6.05.45.36.27.05.95.4
Iraq14.912.07.5−2.03.05.0
Kazakhstan9.48.411.511.99.24.14.4
Kuwait11.712.911.49.09.89.08.3
Libya0.22.615.810.714.710.211.4
Oman6.78.57.38.49.08.57.3
Qatar9.424.613.119.914.514.012.4
Saudi Arabia3.74.65.24.94.95.35.5
Syria6.45.06.06.55.85.55.5
Turkmenistan17.617.715.012.111.413.012.5
United Arab Emirates9.212.610.810.48.88.17.1
Memorandum
GCC6.28.67.77.77.37.26.9
Oil GDP
Oil exporters4.84.74.13.12.34.54.4
Algeria3.83.35.8−2.5−1.01.10.2
Azerbaijan2.82.565.462.037.318.823.9
Bahrain0.5−11.9−8.8−1.0−4.0−1.02.1
Iran3.52.9−0.42.70.92.02.0
Iraq74.2−8.15.34.013.08.7
Kazakhstan16.215.51.75.07.36.810.2
Kuwait17.18.111.42.9−2.31.31.7
Libya5.35.57.24.31.74.95.5
Oman0.5−1.82.92.6−0.84.32.1
Qatar8.612.56.010.717.419.529.5
Saudi Arabia3.96.76.2−0.80.57.11.6
Syria−6.4−6.1−8.6−6.4−7.3−4.53.2
Turkmenistan19.8−1.75.28.612.64.48.1
United Arab Emirates4.42.91.66.53.53.52.5
Memorandum
GCC5.55.75.61.91.86.54.5
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 5.Crude Oil Production and Exports(Millions of barrels per day)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Production
Oil exporters22.526.327.327.927.929.430.6
Algeria1.01.31.41.41.41.41.4
Azerbaijan0.30.30.50.60.81.01.2
Bahrain0.20.20.20.20.20.20.2
Iran3.63.94.04.14.14.24.3
Iraq2.01.92.02.02.32.5
Kazakhstan1.01.21.31.31.41.51.7
Kuwait2.02.32.62.62.62.62.7
Libya1.41.61.71.81.81.92.0
Oman0.90.80.80.70.70.70.7
Qatar0.70.80.80.80.80.90.9
Saudi Arabia8.18.99.49.28.89.59.6
Syria0.50.50.40.40.40.40.4
Turkmenistan0.20.20.20.20.20.20.2
United Arab Emirates2.22.32.42.62.72.82.8
Exports1
Oil exporters15.419.820.420.721.222.323.1
Algeria0.50.91.00.90.90.90.9
Azerbaijan0.20.20.40.60.70.91.1
Bahrain0.20.20.10.10.10.10.1
Iran2.32.72.42.42.52.52.6
Iraq1.51.41.41.61.81.9
Kazakhstan0.71.11.11.11.21.31.4
Kuwait1.21.41.71.71.61.61.7
Libya1.11.31.31.41.51.51.6
Oman0.80.70.70.60.60.50.6
Qatar0.70.70.70.70.80.80.8
Saudi Arabia6.26.87.27.07.07.57.6
Syria0.30.20.20.20.20.10.1
Turkmenistan0.00.00.00.00.00.00.0
United Arab Emirates2.02.22.22.42.52.62.6
Sources: Data provided by country authorities; and IMF staff estimates and projections.

Excluding exports of refined oil products.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

Excluding exports of refined oil products.

Table 6.Consumer Price Inflation(Year average; in percent)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia5.47.06.47.29.514.913.5
Oil exporters5.66.66.67.010.015.713.6
Algeria2.43.61.62.53.64.34.0
Azerbaijan3.06.79.78.416.622.420.0
Bahrain0.32.32.62.23.44.56.0
Iran14.314.813.411.717.225.022.8
Iraq16.47.837.053.230.82.317.2
Kazakhstan8.26.97.68.610.817.69.8
Kuwait1.21.34.13.15.59.07.5
Libya−4.51.02.91.46.212.010.0
Oman−0.30.71.93.45.911.29.0
Qatar2.56.88.811.813.815.013.0
Saudi Arabia−0.20.40.62.34.111.510.0
Syria1.84.47.210.44.78.07.0
Turkmenistan8.05.910.78.26.313.012.0
United Arab Emirates3.05.06.29.311.112.910.8
Low-income countries11.58.48.911.110.114.610.8
Afghanistan9.512.612.77.28.625.811.6
Armenia3.07.00.62.94.49.45.0
Djibouti1.83.13.13.55.08.16.0
Georgia5.05.78.39.29.210.07.6
Kyrgyz Republic7.04.14.35.610.224.512.2
Mauritania7.110.412.16.27.312.59.5
Sudan7.58.48.57.28.016.010.0
Tajikistan21.47.27.310.013.221.615.5
Uzbekistan19.56.610.014.212.311.110.6
Yemen11.712.511.818.212.517.214.4
Emerging markets3.77.55.56.98.313.413.8
Egypt4.711.34.97.610.213.913.6
Jordan1.93.43.56.35.415.87.6
Lebanon0.81.7−0.75.64.111.06.2
Morocco1.61.51.03.32.03.93.5
Pakistan4.27.49.17.99.917.520.3
Tunisia2.73.62.04.53.15.14.5
Memorandum
CCA10.06.67.99.311.816.912.0
MENA5.27.05.96.99.214.412.7
Of which
GCC0.61.72.64.36.311.510.0
Maghreb1.22.71.82.93.65.75.0
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 7.Broad Money Growth(Annual change; in percent)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia16.220.220.524.625.225.021.3
Oil exporters16.921.921.727.727.827.923.1
Algeria16.011.511.118.724.725.015.3
Azerbaijan30.147.522.186.472.484.040.0
Bahrain8.14.122.014.940.825.012.0
Iran30.131.133.639.228.632.031.3
Iraq34.637.386.651.9
Kazakhstan43.969.825.278.125.914.313.3
Kuwait8.812.112.321.719.320.513.8
Libya7.013.330.615.340.840.027.0
Oman5.44.021.424.934.826.318.2
Qatar15.520.842.939.639.540.432.9
Saudi Arabia10.618.811.619.319.621.420.7
Syria16.011.111.56.99.713.912.9
Turkmenistan33.312.727.955.972.2148.345.4
United Arab Emirates17.123.233.823.241.736.828.0
Low-income countries30.531.734.632.326.823.025.1
Afghanistan37.834.612.322.015.032.910.0
Armenia21.922.327.832.942.326.021.1
Djibouti11.213.911.310.29.613.513.8
Georgia28.242.626.439.349.614.018.0
Kyrgyz Republic24.632.09.951.633.324.027.0
Mauritania23.313.514.615.718.918.49.8
Sudan30.032.144.727.410.321.024.0
Tajikistan51.651.630.263.478.832.730.6
Uzbekistan40.447.854.336.846.132.433.7
Yemen19.415.014.428.817.420.025.0
Emerging markets12.213.814.614.016.615.613.8
Egypt13.213.213.613.517.116.814.5
Jordan9.411.717.014.110.620.813.2
Lebanon110.212.33.56.410.914.013.0
Morocco9.17.714.017.216.116.013.5
Pakistan14.319.619.314.919.315.315.0
Tunisia9.310.311.011.412.510.57.4
Memorandum
CCA39.456.929.866.938.628.421.7
MENA14.917.920.022.424.625.521.8
Of which
GCC11.617.919.222.027.126.622.3
Maghreb11.210.615.016.724.024.216.7
Sources: Data provided by country authorities; and IMF staff estimates and projections.

Broad money is defined to include nonresident deposits (M5).

Sources: Data provided by country authorities; and IMF staff estimates and projections.

Broad money is defined to include nonresident deposits (M5).

Table 8.Central Government Fiscal Balance(In percent of GDP)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia0.92.85.66.25.68.76.8
Oil exporters3.86.611.412.111.316.713.3
Algeria5.66.911.913.611.718.513.9
Azerbaijan−0.21.02.6−0.22.625.429.2
Bahrain4.04.67.64.73.49.36.2
Iran2.11.71.70.03.84.42.3
Iraq1−56.06.511.013.5−2.7−6.5
Kazakhstan11.72.55.87.24.76.14.4
Kuwait24.221.234.130.739.131.628.0
Libya9.213.930.935.526.232.527.6
Oman7.54.512.114.210.312.08.3
Qatar8.616.410.89.212.99.87.0
Saudi Arabia0.910.018.421.012.328.822.3
Syria1−1.6−4.2−4.4−5.7−4.3−4.0−3.0
Turkmenistan10.11.40.85.33.94.15.2
United Arab Emirates23.610.220.028.630.934.630.0
Low-income countries−0.7−0.4−1.40.7−2.1−1.1−1.8
Afghanistan−1.5−1.41.0−2.9−1.8−2.6−3.1
Armenia−2.7−1.7−2.1−2.0−2.3−1.4−1.0
Djibouti−2.2−1.90.2−2.5−2.6−1.9−1.8
Georgia1−1.5−0.2−2.4−3.0−4.7−6.3−3.8
Kyrgyz Republic1−6.1−4.4−3.4−2.1−0.4−1.3−1.6
Mauritania3−7.2−4.8−7.135.9−1.8−3.7−1.8
Sudan0.71.5−1.8−4.3−3.1−2.5−3.3
Tajikistan1−3.1−2.4−2.91.7−6.2−7.1−7.6
Uzbekistan1−1.00.61.25.25.15.03.6
Yemen10.4−2.2−1.81.2−7.8−2.7−4.6
Emerging markets−4.9−4.8−5.5−5.6−5.1−6.6−5.6
Egypt1−6.0−8.3−8.4−9.2−7.7−7.7−7.9
Jordan−2.8−1.7−5.0−3.8−6.2−5.5−6.6
Lebanon−17.0−9.7−8.5−10.2−11.0−10.0−11.0
Morocco−4.5−3.8−4.8−1.40.2−2.0−2.9
Pakistan1−2.9−1.8−3.0−3.7−4.0−7.4−4.1
Tunisia−3.2−2.6−3.0−2.7−2.9−2.7−2.7
Memorandum
CCA0.01.13.04.13.08.08.3
MENA1.53.57.17.87.211.08.1
Of which
GCC5.111.519.521.918.627.021.6
Maghreb2.23.88.411.28.912.39.4
Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Includes oil revenue transferred to the oil fund.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Includes oil revenue transferred to the oil fund.

Table 9.Central Government Total Revenue, Excluding Grants(In percent of GDP)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia28.329.833.134.533.936.434.5
Oil exporters32.434.639.640.939.843.440.7
Algeria36.336.140.943.042.046.645.1
Azerbaijan24.026.825.028.029.954.258.9
Bahrain31.630.332.230.431.136.732.5
Iran23.124.530.329.929.930.127.3
Iraq164.979.567.971.376.369.3
Kazakhstan123.924.628.127.528.829.327.9
Kuwait62.355.862.463.570.567.771.0
Libya45.753.662.965.161.466.065.1
Oman45.745.147.950.345.849.446.7
Qatar39.947.743.841.443.335.832.7
Saudi Arabia35.342.248.050.844.954.948.5
Syria127.727.224.021.921.922.523.4
Turkmenistan120.420.320.520.217.218.820.6
United Arab Emirates234.234.241.050.252.152.649.8
Low-income countries24.225.426.627.727.129.926.8
Afghanistan4.35.06.47.57.07.07.5
Armenia15.214.917.417.519.319.620.2
Djibouti25.528.830.931.130.127.026.5
Georgia1318.224.222.525.528.626.825.1
Kyrgyz Republic120.622.323.725.628.528.724.8
Mauritania426.729.724.529.525.625.623.5
Sudan13.719.722.119.519.324.219.8
Tajikistan115.917.319.318.920.520.322.7
Uzbekistan133.731.430.434.135.436.635.5
Yemen132.431.334.538.232.338.531.7
Emerging markets20.720.320.322.122.522.622.6
Egypt126.024.624.328.227.727.827.4
Jordan25.025.728.231.231.930.830.6
Lebanon20.523.122.821.823.423.425.2
Morocco22.422.223.525.127.327.427.5
Pakistan113.914.113.814.214.914.914.9
Tunisia24.023.823.623.824.224.624.4
Memorandum
CCA24.925.426.827.829.534.635.0
MENA30.632.336.438.137.139.637.0
Of which
GCC39.342.948.151.249.053.849.5
Maghreb32.433.437.439.038.741.540.7
Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Revised for 2002-04 to include extrabudgetary revenues.

Includes oil revenue transferred to the oil fund.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Revised for 2002-04 to include extrabudgetary revenues.

Includes oil revenue transferred to the oil fund.

Table 10.Oil Exporters: Central Government Non-Oil Fiscal Balance(In percent of non-oil GDP)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Oil exporters−30.8−32.4−36.5−37.6−36.7−37.2−33.4
Algeria−30.9−30.1−34.7−36.0−36.9−39.5−41.0
Azerbaijan−12.1−13.2−12.9−31.3−31.7−47.1−44.5
Bahrain−29.1−28.6−28.8−28.5−31.1−35.2−33.9
Iran−17.1−20.3−28.0−28.2−23.0−24.5−21.2
Iraq1−306.3−143.5−95.3−103.5−178.5−160.4
Kazakhstan1−5.1−6.5−7.4−4.3−6.6−11.7−10.8
Kuwait−40.0−42.4−36.1−48.9−41.0−31.9−28.1
Libya−65.3−111.9−123.7−127.6−135.9−154.9−140.1
Oman−58.0−62.7−63.2−64.9−59.1−73.5−65.2
Qatar−45.0−33.0−47.6−41.1−31.7−39.2−37.0
Saudi Arabia−46.9−45.8−50.9−52.7−59.2−51.5−46.9
Syria1−19.8−19.4−15.3−13.4−11.0−11.9−10.1
Turkmenistan1−9.8−9.9−12.3−7.4−6.4−18.1−23.9
United Arab Emirates2−30.3−22.2−17.0−14.9−12.6−16.8−14.5
Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Table 11.Oil Exporters: Central Government Non-Oil Revenue(In percent of non-oil GDP)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Oil exporters14.615.416.017.318.216.415.9
Algeria17.016.917.418.418.219.520.1
Azerbaijan23.224.327.529.932.532.632.3
Bahrain11.410.39.79.08.38.46.2
Iran9.510.111.712.412.410.811.0
Iraq13.97.36.38.717.310.1
Kazakhstan125.025.027.025.227.123.323.6
Kuwait32.425.728.134.133.632.131.8
Libya20.824.920.025.229.133.635.7
Oman14.713.613.815.315.816.518.2
Qatar29.535.634.234.340.335.635.0
Saudi Arabia10.812.811.212.112.414.811.6
Syria118.120.322.322.823.024.123.9
Turkmenistan115.014.612.412.111.510.710.6
United Arab Emirates213.513.216.118.720.516.218.6
Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Table 12.Central Government Total Expenditure and Net Lending(In percent of GDP)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia27.827.327.728.628.627.927.9
Oil exporters28.628.028.228.828.626.627.4
Algeria 130.829.229.029.430.428.231.2
Azerbaijan 224.325.922.727.427.428.729.6
Bahrain28.426.125.526.227.827.426.4
Iran21.022.828.629.826.125.725.0
Iraq 3130.1100.869.461.580.676.0
Kazakhstan322.222.122.320.224.223.223.5
Kuwait38.134.528.332.831.336.143.0
Libya36.539.732.129.535.233.537.5
Oman38.339.835.135.837.737.438.3
Qatar31.331.333.132.230.426.025.7
Saudi Arabia34.432.129.629.832.626.226.2
Syria329.331.428.427.626.326.626.3
Turkmenistan320.318.919.714.913.314.615.4
United Arab Emirates 430.624.021.021.621.118.019.8
Low-income countries25.426.028.328.629.831.829.5
Afghanistan12.815.316.619.620.019.120.0
Armenia19.817.119.920.022.421.622.1
Djibouti33.737.536.837.437.734.936.6
Georgia318.618.924.929.734.033.929.7
Kyrgyz Republic327.627.728.128.931.532.628.6
Mauritania37.637.733.728.529.732.228.2
Sudan13.018.223.924.323.027.323.9
Tajikistan319.220.323.021.927.829.031.2
Uzbekistan335.531.629.529.230.531.732.0
Yemen332.534.236.837.440.342.237.5
Emerging markets26.626.026.328.328.229.828.6
Egypt332.833.933.237.835.935.635.8
Jordan35.038.338.338.341.141.439.4
Lebanon37.732.831.335.035.935.336.8
Morocco527.126.328.726.927.530.930.8
Pakistan318.116.417.218.519.222.719.1
Tunisia27.426.626.926.627.227.627.5
Memorandum
CCA25.124.224.023.926.726.827.0
MENA29.329.129.530.530.128.729.2
Of which
GCC34.231.528.629.330.526.827.9
Maghreb30.329.829.128.430.029.731.6
Sources: Data provided by country authorities; and IMF staff estimates and projections.

Including special accounts.

Expenditures do not include statistical discrepancy.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Net lending includes balance on special treasury accounts.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

Including special accounts.

Expenditures do not include statistical discrepancy.

General government.

Consolidated accounts of the federal government, and the emirates Abu Dhabi, Dubai, and Sharjah.

Net lending includes balance on special treasury accounts.

Table 13.Total Government Debt(In percent of GDP)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia60.453.745.238.633.529.627.0
Oil exporters45.236.124.919.614.910.99.3
Algeria53.436.627.323.812.18.77.8
Azerbaijan22.420.213.310.29.16.05.9
Bahrain32.534.228.623.319.618.418.2
Iran23.426.323.719.717.213.411.5
Iraq1486.9365.0205.7168.550.649.9
Kazakhstan117.911.48.16.75.85.25.5
Kuwait27.917.311.88.57.05.04.9
Libya27.81.41.00.90.00.00.0
Oman19.715.49.69.16.34.23.5
Qatar46.127.819.313.28.95.84.1
Saudi Arabia85.065.038.927.318.710.77.0
Syria1120.1109.756.852.144.440.740.5
Turkmenistan122.49.25.43.32.42.82.5
United Arab Emirates15.78.29.210.010.69.410.2
Low-income countries86.772.361.750.344.837.234.3
Afghanistan
Armenia32.132.424.318.717.415.813.9
Djibouti68.273.767.663.262.153.449.1
Georgia160.645.735.728.620.816.115.1
Kyrgyz Republic1107.392.985.972.557.743.536.2
Mauritania227.7232.7208.6110.5112.680.172.5
Sudan145.7120.8104.986.277.163.760.1
Tajikistan183.443.142.335.534.832.134.8
Uzbekistan146.635.128.221.315.813.510.6
Yemen157.752.143.840.840.534.732.3
Emerging markets86.787.786.377.872.069.164.7
Egypt197.4112.9112.898.888.781.974.5
Jordan97.691.884.281.579.765.363.8
Lebanon162.8167.1178.4177.4170.6163.4159.3
Morocco65.959.463.158.153.650.249.9
Pakistan178.167.862.957.354.656.953.2
Tunisia161.059.458.353.950.947.045.4
Memorandum
CCA33.724.418.914.712.110.09.2
MENA60.654.845.638.833.228.225.7
Of which
GCC58.743.927.519.914.39.17.0
Maghreb55.742.438.534.227.324.123.2
Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

General government.

Table 14.Exports of Goods and Services(In billions of U.S. dollars)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia402.3573.1776.4944.41,114.51,595.61,629.7
Oil exporters321.3467.7654.2801.7945.11,376.61,387.7
Algeria24.534.148.857.363.594.388.0
Azerbaijan2.94.28.314.022.538.445.5
Bahrain7.710.213.315.517.023.823.5
Iran35.849.870.882.299.1127.6123.6
Iraq17.823.530.339.060.960.2
Kazakhstan14.022.630.541.651.975.079.0
Kuwait23.033.851.766.674.2108.1103.7
Libya15.020.831.940.245.970.370.0
Oman12.314.119.422.525.735.536.4
Qatar14.220.728.739.350.189.6101.0
Saudi Arabia92.9132.4188.0219.2242.8368.8359.1
Syria8.19.812.013.214.916.819.1
Turkmenistan3.34.25.37.59.513.217.5
United Arab Emirates64.093.2122.0152.5188.9254.1261.1
Low-income countries15.421.125.430.238.050.252.7
Afghanistan1.71.71.91.92.02.32.6
Armenia0.71.11.41.51.81.92.2
Djibouti0.20.30.30.30.40.40.5
Georgia1.21.62.22.63.23.74.1
Kyrgyz Republic0.71.01.11.52.23.03.5
Mauritania0.40.50.71.51.52.12.3
Sudan2.43.85.06.09.314.413.5
Tajikistan0.91.20.60.70.80.91.0
Uzbekistan3.64.85.46.49.011.012.2
Yemen4.25.06.87.97.810.410.9
Emerging markets65.684.396.8112.5131.4168.7189.3
Egypt17.922.928.033.038.553.362.6
Jordan4.56.06.68.19.211.012.2
Lebanon7.910.511.313.715.519.121.5
Morocco12.916.618.821.727.135.237.9
Pakistan11.915.117.820.321.423.727.0
Tunisia10.313.214.415.719.826.428.0
Memorandum
CCA27.440.854.875.6101.0147.0164.8
MENA363.0517.2703.8848.4992.11,424.81,437.9
Of which
GCC214.2304.4423.1515.5598.8880.0884.8
Maghreb63.185.2114.6136.3157.7228.4226.3
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 15.Imports of Goods and Services(In billions of U.S. dollars)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia331.3468.0560.1673.7838.91,083.31,220.6
Oil exporters232.4341.4405.4487.2614.0794.1901.8
Algeria15.221.824.625.533.344.753.7
Azerbaijan3.76.37.08.19.411.914.7
Bahrain6.08.210.211.312.318.418.4
Iran31.549.055.062.671.986.497.0
Iraq24.324.225.125.346.745.3
Kazakhstan12.718.925.532.844.752.155.7
Kuwait14.719.222.824.534.141.947.4
Libya7.910.713.515.920.727.334.9
Oman8.010.611.113.618.924.527.6
Qatar6.08.312.621.827.136.547.2
Saudi Arabia58.571.088.3114.3146.0192.5227.5
Syria7.310.512.815.016.819.121.7
Turkmenistan3.04.13.93.64.96.88.7
United Arab Emirates53.178.493.9112.9148.5185.3201.9
Low-income countries18.927.334.842.753.463.369.0
Afghanistan4.45.66.87.48.49.29.4
Armenia1.21.62.12.53.64.75.6
Djibouti0.30.30.40.50.60.80.9
Georgia1.72.53.34.45.97.17.4
Kyrgyz Republic0.81.11.42.33.24.45.2
Mauritania0.71.21.81.61.92.42.5
Sudan3.24.77.710.011.013.013.8
Tajikistan1.01.51.21.62.63.63.9
Uzbekistan3.23.94.14.76.78.710.5
Yemen4.04.96.07.89.39.49.8
Emerging markets80.099.3119.8143.9171.4225.9249.8
Egypt21.423.330.238.244.963.177.3
Jordan6.99.411.913.215.519.520.5
Lebanon12.215.214.916.820.725.828.6
Morocco14.819.822.826.134.544.647.2
Pakistan13.517.725.633.235.345.346.9
Tunisia11.113.914.516.320.527.629.4
Memorandum
CCA27.339.948.560.181.199.3111.6
MENA290.4410.4486.0580.5722.5938.71,062.0
Of which
GCC146.3195.8238.9298.5386.9499.1570.0
Maghreb49.767.477.285.3110.9146.7167.7
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 16.Current Account Balance(In billions of U.S. dollars)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia64.696.6224.8285.8291.9513.4433.8
Oil exporters65.595.4230.2296.4310.2538.6462.0
Algeria8.111.121.229.030.648.233.9
Azerbaijan−1.1−2.60.23.79.020.426.2
Bahrain0.30.51.52.22.93.53.1
Iran4.91.416.620.528.842.929.8
Iraq−10.22.76.611.313.914.3
Kazakhstan−0.30.3−1.1−1.9−7.26.05.2
Kuwait11.018.237.651.648.071.264.1
Libya5.87.417.425.223.839.633.1
Oman1.60.64.74.33.25.73.4
Qatar5.27.114.116.121.450.151.3
Saudi Arabia23.252.190.699.695.8171.7135.2
Syria0.7−0.5−0.6−1.0−0.6−1.2−1.3
Turkmenistan0.30.10.93.44.05.88.5
United Arab Emirates8.09.824.337.139.160.955.3
Low-income countries−1.3−1.2−2.3−4.4−6.4−3.6−5.8
Afghanistan−0.4−0.3−0.2−0.40.10.1−0.5
Armenia−0.20.0−0.1−0.1−0.6−1.2−1.5
Djibouti0.00.00.0−0.1−0.2−0.3−0.4
Georgia−0.3−0.5−0.8−1.2−2.0−2.8−2.6
Kyrgyz Republic0.00.10.1−0.10.0−0.2−0.3
Mauritania−0.2−0.5−0.90.0−0.3−0.2−0.1
Sudan−1.4−1.4−3.0−5.5−5.8−3.9−4.8
Tajikistan0.0−0.1−0.1−0.1−0.4−0.4−0.4
Uzbekistan0.51.21.92.94.34.54.1
Yemen0.60.20.60.2−1.30.80.7
Emerging markets0.42.4−3.0−6.2−11.9−21.6−22.4
Egypt1.03.42.90.91.90.9−1.7
Jordan0.40.1−2.2−1.6−2.8−3.5−3.5
Lebanon−3.0−3.3−2.9−1.3−3.1−3.9−4.2
Morocco1.01.01.11.4−0.10.4−0.3
Pakistan1.81.8−1.5−5.0−6.9−14.0−11.0
Tunisia−0.8−0.5−0.3−0.6−0.9−1.4−1.5
Memorandum
CCA−1.2−1.41.16.67.132.139.2
MENA64.196.2225.2284.2291.7495.2405.6
Of which
GCC49.288.2172.8211.0210.4363.2312.3
Maghreb14.018.438.554.953.086.565.0
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 17.Current Account Balance(In percent of GDP)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia6.58.015.416.514.418.914.4
Oil exporters9.710.820.922.319.824.919.5
Algeria12.713.120.624.822.828.119.8
Azerbaijan−14.9−29.81.317.728.938.338.6
Bahrain3.84.211.013.816.718.015.0
Iran4.50.98.89.210.111.26.7
Iraq−39.48.613.418.215.114.8
Kazakhstan−1.30.8−1.8−2.4−6.84.33.3
Kuwait24.830.646.652.243.144.639.3
Libya17.522.338.445.834.036.529.5
Oman7.62.415.212.18.010.15.6
Qatar24.022.433.228.429.242.935.6
Saudi Arabia10.620.828.727.925.132.523.8
Syria3.5−1.9−2.1−2.9−1.4−2.7−2.9
Turkmenistan4.00.65.115.715.426.533.0
United Arab Emirates9.99.118.022.620.522.618.8
Low-income countries−2.5−1.8−2.8−4.3−4.9−2.2−2.9
Afghanistan−8.1−4.9−2.8−4.90.80.9−3.0
Armenia−7.5−0.5−1.0−1.8−6.4−9.7−10.8
Djibouti−2.3−1.3−3.2−14.7−24.8−33.5−32.9
Georgia−7.7−8.9−11.9−15.9−20.0−20.8−18.7
Kyrgyz Republic−0.64.92.8−3.1−0.2−4.2−5.4
Mauritania−13.2−34.6−47.2−1.3−11.4−6.3−3.0
Sudan−9.2−6.5−11.1−15.2−12.6−6.3−6.7
Tajikistan−3.1−3.9−2.7−2.8−11.2−8.5−8.1
Uzbekistan4.210.113.617.219.116.812.8
Yemen5.61.63.81.1−6.12.92.1
Emerging markets0.10.8−0.9−1.7−2.8−4.3−3.9
Egypt1.24.33.20.81.50.6−0.9
Jordan3.90.8−17.4−11.3−17.5−18.5−16.3
Lebanon−15.9−15.5−13.6−5.6−12.7−14.0−13.7
Morocco2.31.71.82.2−0.10.4−0.3
Pakistan2.21.8−1.4−3.9−4.8−8.7−6.4
Tunisia−3.6−1.9−1.1−2.0−2.6−3.4−3.5
Memorandum
CCA−2.1−1.81.14.73.812.513.2
MENA7.69.418.119.517.221.616.1
Of which
GCC12.418.227.929.025.831.625.0
Maghreb8.59.016.120.316.720.815.2
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 18.Real Effective Exchange Rate(Consumer price index based; annual average percent change; increase indicates appreciation)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia−2.9−3.01.21.10.93.0
Oil exporters−1.7−3.20.82.30.92.6
Algeria−3.60.6−4.00.0−1.0−0.6
Azerbaijan−6.2−3.86.38.79.011.0
Bahrain−2.3−6.7−2.8−2.9−10.0−10.9
Iran6.91.06.03.96.013.2
Iraq
Kazakhstan−1.55.73.07.62.3−2.7
Kuwait−0.9−5.12.00.90.76.3
Libya−23.0−13.2−1.8−0.40.75.8
Oman−3.3−6.1−0.9−1.5−0.41.1
Qatar−0.1−0.17.18.33.2−1.2
Saudi Arabia−3.1−6.7−2.6−0.5−2.9−1.3
Syria−0.9−0.21.710.63.214.5
Turkmenistan4.2−3.52.54.5−1.2−7.4
United Arab Emirates−0.4−2.72.55.42.4−2.9
Low-income countries−6.20.34.08.63.59.5
Afghanistan9.16.82.7−2.03.1
Armenia−3.54.09.46.413.18.1
Djibouti−0.9−3.6−1.1−1.1−4.1−6.2
Georgia0.56.76.25.63.723.1
Kyrgyz Republic0.3−3.21.21.58.219.2
Mauritania−5.00.48.41.4−1.66.1
Sudan4.31.610.116.75.35.3
Tajikistan−2.60.3−5.5−2.7−2.54.8
Uzbekistan−25.5−8.3−6.6−2.1−1.5−5.1
Yemen5.34.23.910.53.126.1
Emerging markets−4.9−3.11.63.50.22.5
Egypt−10.1−4.18.45.02.611.4
Jordan−0.9−3.9−0.32.6−2.52.1
Lebanon−2.5−6.8−4.12.2−4.5−2.8
Morocco−0.9−1.2−1.81.2−0.40.9
Pakistan−1.9−1.80.25.30.5−2.2
Tunisia−2.5−3.5−4.6−0.8−2.8−2.0
Memorandum
CCA−8.91.32.05.63.31.7
MENA−2.6−3.41.22.50.73.6
Of which
GCC−2.1−5.2−0.21.5−0.8−0.7
Maghreb−7.2−2.9−3.00.2−0.71.0
Mashreq−7.2−3.84.75.41.39.2
Egypt−10.1−4.18.45.02.611.4
Jordan−0.9−3.9−0.32.6−2.52.1
Lebanon−2.5−6.8−4.12.2−4.5−2.8
Syria−0.9−0.21.710.63.214.5
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 19.Gross Official Reserves(In billions of U.S. dollars)
Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia192.6271.8325.4629.7878.81,139.61,380.8
Oil exporters141.1200.8247.8533.0762.51,007.61,235.8
Algeria25.843.156.277.8110.7158.8193.5
Azerbaijan0.81.11.22.54.38.111.4
Bahrain1.41.61.91.04.15.56.5
Iran21.733.346.860.581.7109.9125.8
Iraq7.912.020.031.550.467.7
Kazakhstan4.49.37.119.117.621.022.0
Kuwait7.97.38.112.615.921.123.8
Libya16.825.939.358.778.8123.5171.6
Oman3.13.64.45.07.210.111.8
Qatar2.03.44.65.49.813.819.6
Saudi Arabia121.827.526.8225.2305.3413.5505.4
Syria16.218.118.217.217.918.218.5
Turkmenistan
United Arab Emirates15.418.721.328.077.953.758.1
Low-income countries7.511.013.618.423.327.831.4
Afghanistan0.81.31.72.12.83.02.9
Armenia0.40.50.71.11.71.82.0
Djibouti0.10.10.10.10.10.10.1
Georgia0.20.40.50.91.41.31.8
Kyrgyz Republic0.40.50.60.81.21.41.5
Mauritania0.00.00.10.20.20.30.3
Sudan0.30.81.71.71.41.81.8
Tajikistan0.10.10.10.10.10.30.3
Uzbekistan1.52.12.94.77.510.112.3
Yemen4.05.15.36.87.07.78.3
Emerging markets44.060.064.078.393.0104.2113.7
Egypt14.614.819.323.028.433.837.5
Jordan3.74.84.76.26.97.98.0
Lebanon7.19.69.611.411.516.718.7
Morocco10.616.316.120.224.028.030.6
Pakistan5.410.69.810.814.38.68.6
Tunisia2.64.04.46.88.09.210.3
Memorandum
CCA7.714.013.029.233.743.951.3
MENA179.4247.2302.6589.8830.81,087.11,321.0
Of which
GCC51.662.167.0277.2420.1517.7625.2
Maghreb55.989.4116.1163.8221.7319.8406.4
Sources: Data provided by country authorities; and IMF staff estimates and projections.

Saudi Arabia Monetary Agency gross foreign assets.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

Saudi Arabia Monetary Agency gross foreign assets.

Table 20.Total Gross External Debt

(In percent of GDP)1

Average 2000-04200420052006Est. 2007Proj. 2008Proj. 2009
Middle East and Central Asia33.931.328.329.730.423.722.9
Oil exporters24.021.920.223.927.020.319.9
Algeria37.525.616.74.83.82.62.4
Azerbaijan219.718.512.59.48.15.45.2
Bahrain27.410.59.07.66.85.95.7
Iran10.514.313.210.49.16.14.7
Iraq475.7355.3200.9164.046.946.3
Kazakhstan72.376.175.792.191.068.161.5
Kuwait26.320.420.426.823.616.716.6
Libya18.616.712.310.18.05.15.0
Oman25.017.812.215.017.212.512.8
Qatar68.647.348.152.464.653.252.5
Saudi Arabia12.59.49.710.911.310.011.2
Syria79.073.223.319.416.315.215.6
Turkmenistan22.39.05.43.32.42.82.5
United Arab Emirates323.623.230.350.269.947.745.8
Low-income countries79.267.169.057.642.535.532.2
Afghanistan14.014.2184.0155.021.017.89.3
Armenia40.633.122.418.917.113.512.1
Djibouti58.567.862.056.659.355.355.7
Georgia50.141.732.730.030.734.641.1
Kyrgyz Republic111.495.285.577.761.146.239.2
Mauritania233.7210.8132.994.196.158.953.8
Sudan140.9115.898.678.168.955.351.3
Tajikistan97.755.850.942.240.637.139.1
Uzbekistan38.536.028.922.617.515.413.7
Yemen45.938.530.928.727.022.619.2
Emerging markets49.549.944.541.538.533.631.3
Egypt32.537.932.228.824.218.313.7
Jordan476.366.156.651.946.826.822.8
Lebanon158.8187.4188.3196.0197.3193.5187.2
Morocco38.529.124.223.923.820.119.3
Pakistan41.634.031.128.126.124.727.0
Tunisia67.269.162.359.957.650.450.2
Memorandum
CCA57.559.055.162.859.744.339.3
MENA31.629.125.126.027.621.420.7
Of which
GCC20.116.818.325.331.724.224.8
Maghreb39.532.524.217.716.212.412.3
Sources: Data provided by country authorities; and IMF staff estimates and projections.

Nominal GDP is converted to U.S. dollars using period average exchange rate.

Public and publicly guaranteed debt, as private debt data are not reliable.

Mostly foreign liabilities of United Arab Emirates commercial banks and private institutions that are more than offset by their foreign assets. Over the period 2003-06, deposits of nonresidents in United Arab Emirates banks constituted around 17 percent of foreign liabilities on average.

Excludes deposits of nonresidents held in the banking system.

Sources: Data provided by country authorities; and IMF staff estimates and projections.

Nominal GDP is converted to U.S. dollars using period average exchange rate.

Public and publicly guaranteed debt, as private debt data are not reliable.

Mostly foreign liabilities of United Arab Emirates commercial banks and private institutions that are more than offset by their foreign assets. Over the period 2003-06, deposits of nonresidents in United Arab Emirates banks constituted around 17 percent of foreign liabilities on average.

Excludes deposits of nonresidents held in the banking system.

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