Markets Actual Q1/23 Q2/23 Q3/23 Q4/23
Currency 17.18 17.53 17.98 18.43 18.89
Stock Market (points) 1801.19 1701 1629 1560 1495

Overview Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -1.45 1.5 0.4 -0.3 0.8
GDP Annual Growth Rate (%) 4.30 4.3 3.7 3.5 3.7
Unemployment Rate (%) 21.70 23
Inflation Rate (%) 6.90 5.8 5.6 5.2 5
Interest Rate (%) 6.75 7 7.25 7.25 7.25
Current Account to GDP (% of GDP) -9.10 -7
Government Debt to GDP (% of GDP) 76.00 73
Government Budget (% of GDP) -8.70 -6
Corporate Tax Rate (%) 32.00 32
Personal Income Tax Rate (%) 37.00 37

GDP Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -1.45 1.5 0.4 -0.3 0.8
GDP Annual Growth Rate (%) 4.30 4.3 3.7 3.5 3.7
GDP (USD Billion) 12.31 12.68
GDP Constant Prices (NAD Million) 35465.70 35911 37530 36707 36778
Gross National Product (NAD Million) 177995.29 184581
Gross Fixed Capital Formation (NAD Million) 20227.00 20975
Full Year GDP Growth (%) 2.40 3
GDP from Agriculture (USD Million) 991.60 1090 2910 1026 1028
GDP from Construction (USD Million) 479.00 634 460 496 497
GDP from Manufacturing (USD Million) 4326.10 3965 4169 4478 4486
GDP from Mining (USD Million) 4018.60 3712 4055 4159 4167
GDP from Public Administration (USD Million) 4915.40 3943 4024 5087 5097
GDP from Transport (USD Million) 954.00 1130 989 987 989
GDP per Capita (USD) 4196.29 4500

Labour Actual Q1/23 Q2/23 Q3/23 Q4/23
Unemployment Rate (%) 21.70 23
Unemployed Persons (Thousand) 364411.00 380000
Labor Force Participation Rate (%) 71.20 71.3
Employed Persons (Thousand) 725742.00 705000
Youth Unemployment Rate (%) 46.10 47.4

Prices Actual Q1/23 Q2/23 Q3/23 Q4/23
Inflation Rate (%) 6.90 5.8 5.6 5.2 5
Consumer Price Index CPI (points) 158.41 160 163 165 166
Food Inflation (%) 11.80 9.6 8.5 7.3 6
Inflation Rate MoM (%) 0.30 0.6 0.3 0.5 0.4
CPI Housing Utilities (points) 137.96 145 145 145 145
CPI Transportation (points) 177.98 179 180 180 181
GDP Deflator (points) 132.38 139

Money Actual Q1/23 Q2/23 Q3/23 Q4/23
Interest Rate (%) 6.75 7 7.25 7.25 7.25
Deposit Interest Rate (%) 4.02 4.52
Lending Rate (%) 10.50 10.75 11 11 11

Trade Actual Q1/23 Q2/23 Q3/23 Q4/23
Current Account to GDP (% of GDP) -9.10 -7
Tourist Arrivals 232756.00 1480000
External Debt (NAD Million) 32502.00 34000

Government Actual Q1/23 Q2/23 Q3/23 Q4/23
Government Debt to GDP (% of GDP) 76.00 73
Government Budget (% of GDP) -8.70 -6
Government Spending (NAD Million) 41185.00 42709
Government Debt (NAD Million) 124347.00 115000
Military Expenditure (USD Million) 401.90 500

Taxes Actual Q1/23 Q2/23 Q3/23 Q4/23
Corporate Tax Rate (%) 32.00 32
Personal Income Tax Rate (%) 37.00 37
Sales Tax Rate (%) 15.00 15

Consumer Actual Q1/23 Q2/23 Q3/23 Q4/23
Consumer Spending (NAD Million) 107529.00 111508
Disposable Personal Income (NAD Million) 172750.00 179142