Abstract

Oil drilling platform at the Kashagan oil field on the Caspian shelf in western Kazakhstan, by STR/Reuters Photo Archive.

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Oil drilling platform at the Kashagan oil field on the Caspian shelf in western Kazakhstan, by STR/Reuters Photo Archive.

Data and Conventions

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 (UAE), Uzbekistan, West Bank and Gaza, and Yemen.

The following statistical appendix tables contain data for 30 of the MCD countries. Somalia and 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. Data revisions reflect changes in methodology and/or revisions provided by the authorities.

Tables and charts reflect data available as of end-August 2006.

The data relate to the calendar year, with the following exceptions: (i) For Qatar, fiscal data are on a fiscal year (April/March) basis. For Afghanistan, Egypt, Iran, and Pakistan, all macroeconomic accounts data are on a fiscal year basis. (ii) 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 (i.e., 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.

In Tables 2, 8, and 9, “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 exchange rates and the growth rates of monetary aggregates (Tables 5, 18, and 19) 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 world or group GDP.

Composites for other data relating to the domestic economy (Tables 1 2, 4, and 612) whether growth rates or ratios, are weighted by GDP valued at purchasing power parities (PPPs) as a share of total world or group GDP.

Composites relating to the external economy (Tables 16 and 21) 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.

Composites of changes in foreign trade (Table 17) are arithmetic averages of percentage changes for individual countries weighted by the U.S. dollar value of total trade as a share of world or groups total trade in the preceding year.

Tables 3, 13, 14, 15, and 20 are sums of the individual country data.

CIS (Commonwealth of Independent States) refers to the CIS countries covered by the MCD department. These countries are Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.

MENA (Middle East and North Africa) refers to the following countries covered by the MCD department: Algeria, Bahrain, Djibouti, Egypt, Iran, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, the UAE, and Yemen.

GCC (Gulf of Cooperation Council) comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.

Maghreb comprises Algeria, Libya, Mauritania, Morocco, and Tunisia.

Table 1.

Real GDP Growth

(Annual change; in percent)

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

Data are at factor cost.

Table 2.

Real Oil and Non-Oil GDP Growth for Oil Exporters

(Annual change; in percent)

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

Real non-oil growth data are slightly different from official statistics because of different methodologies used by IMF staff and Algerian authorities.

Data are at factor cost.

Table 3.

Nominal Gross Domestic Product

(In billions of U.S. dollars)

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Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 4.

Consumer Price Index

(Annual change; year average in percent)

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Sources: Data provided by country authorities; and IMF staff estimates and projections.
Table 5.

Broad Money

(Annual change; in percent)

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

Broad money is defined to include nonresident deposits.

Table 6.

Central Government Fiscal Balance

(In percent of GDP)

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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 7.

Central Government Total Revenue Excluding Grants

(In percent of GDP)

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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 8.

Central Government Non-Oil Fiscal Balance

(In percent of non-oil GDP)

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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.