Macro-economic Data

Text bolded/green below shows notes and variable definitions when you roll over. If you cannot see the notes, please download an Excel version from the Research Center, which includes notes. Also, a PDF featuring variable definitions is available in the document list under "Definition of Hofinet Variables".

 

A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2013End of 2012End of 2011SourcesVar ID
Total population3.41 million3.4 million3.38 million
WDI
A.1.1
Urban population (% of total)92.73% of total92.64% of total92.54% of total
WDI
A.1.4
Urban population growth (annual %).45%.45%.44%
WDI
A.1.5
A.2 Economy
VariableEnd of 2013End of 2012End of 2011SourcesVar ID
GDP, current prices (U.S. dollars)57,107 USD (millions)49,920 USD (millions)46,435 USD (millions)
WDI
A.2.1
GDP based on PPP per capita GDP (Current international dollar)16,588.28 USD 15,864.67 USD 15,055.02 USD
WEO
A.2.4
Inflation, end of period consumer prices (Percent change)8.87%7.48%8.6%
WEO
A.2.6
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Interest Rates:A.2.15
Central bank lending/discount rate30%20%20%
IFS
A.2.15.1
Yield on 3 months treasury bills11.37%9.4%8.77%
IFS
A.2.15.2
Average bank deposit rate4.65%4.45%4.55%
IFS
A.2.15.4
Lending rate12.43%11.2%9.78%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2013End of 2012End of 2011SourcesVar ID
Number of dwelling units:B.1.1
Characteristics of housing stock:B.1.3
Tenure in urban areas (%):B.1.4
Owner-occupied units  82.9% of total
IDB Paper
B.1.4.1
Estimated Number of units completed/yearB.1.5
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2013End of 2012End of 2011SourcesVar ID
Median urban house price in USD:B.2.1
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4


back to top | Country Data:
Notes:
Notes:
Notes:
Notes: BHU is a government supported institution, that promotes savings towards housing loans. It has around 50% share in the mortgage market.
Notes: BHU is a government supported institution, that promotes savings towards housing loans. It has around 50% share in the mortgage market.
Notes: Central Bank
Notes: Central Bank
Notes: Figure is a national statistic, not confined to urban areas.
Notes: It was required by the national housing bank(BHU) to have a minimum 30% built up savings to be qualified for a loan. Now,from 2013, the government is offering guarantee so that loans can be provided to families with 10-15% of savings.
Notes: Law No.s 17.596,12.314,18.574 deal with mortgages.
Notes: Law No.s 17.596,12.314,18.574 deal with mortgages.
Notes: Law No.s 17.596,12.314,18.574 deal with mortgages.
Notes: Lending Rate: 118.38
Notes: The Central Bank regulates the operations of the credit bureau.
Notes: The Central Bank regulates the operations of the credit bureau.
Notes: The Central Bank regulates the operations of the credit bureau.
Notes: The Central Bank regulates the operations of the credit bureau.
Notes: The Ministry can provide support to up to 50% of the monthly payments, under its subsidy quota.
Notes: The Ministry can provide support to upto 50% of the monthly payments, under its subsidy quota.