Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Total population.09 million.09 million.09 million
WDI
A.1.1
Urban population (% of total)23.77% of total24.19% of total24.64% of total
WDI
A.1.4
Urban population growth (annual %)-.73%-.84%-.95%
WDI
A.1.5
A.2 Economy
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
GDP, current prices (U.S. dollars)1,287 USD (millions)1,248 USD (millions)1,185 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)2,097 USD (millions)2,032 USD (millions)1,919 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)14,414.3 USD 14,126.16 USD 13,555.73 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)23,475.69 USD 22,998.25 USD 21,946.91 USD
WEO
A.2.4
GDP, constant prices (Percent change)2.15%4.21%1.54%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change).9%1.33%1.06%
WEO
A.2.6
GDP, deflator (Index)134.51133.22131.80
WEO
A.2.7
Consumer price index110.32109.26108.08
WDI
A.2.8
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 rate6.5%6.5%6.5%
IFS
A.2.15.1
Yield on 3 months treasury bills 5%5%
IFS
A.2.15.2
Average bank deposit rate2.47%2.89%3.04%
IFS
A.2.15.4
Lending rate9.83%10.07%9.95%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Number of dwelling units:B.1.1
Total  .03 millionB.1.1.1
Percentage of vacant units  14.81% of totalB.1.2
Characteristics of housing stock:B.1.3
% of substandard dwelling units  22.41% of totalB.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units  58.44% of totalB.1.4.1
% of owner units with a mortgage  13.42% of totalB.1.4.2
Private rental units  29.56% of totalB.1.4.3
Public / social rental units  3.14% of totalB.1.4.4
Estimated Number of units completed/yearB.1.5
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2015End of 2014End of 2013SourcesVar 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


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Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Acquisition of Property = House & Land Purchases + Home Construction & Renovation
Notes: Land tax and land value appreciation tax
Notes: Land tax and land value appreciation tax
Notes: Land tax and land value appreciation tax
Notes: Net rental income is taxed at a flat rate of 20%.
Notes: Net rental income is taxed at a flat rate of 20%.
Notes: Net rental income is taxed at a flat rate of 20%.
Notes: The Policy covers collateral security for repayment of the difference between the Mortgagee’s actual advance and its usual advance in respect of a loan to the customers. Mortgage Indemnity Policy secures up to 100% mortgage.
Notes: The Policy covers collateral security for repayment of the difference between the Mortgagee’s actual advance and its usual advance in respect of a loan to the customers. Mortgage Indemnity Policy secures up to 100% mortgage.
Notes: The Policy covers collateral security for repayment of the difference between the Mortgagee’s actual advance and its usual advance in respect of a loan to the customers. Mortgage Indemnity Policy secures up to 100% mortgage.