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the market environment

22

Annual Report 2014 BME

IMF macroeconomic projections,

(October 2014) (cont.)

Actual

Projections

2012

2013

2014

2015

Imports

Advanced economies

1.2

1.4

3.7

4.3

Emerging market and developing economies

6.0

5.3

4.4

6.1

Exports

Advanced economies

2.0

2.4

3.6

4.5

Emerging market and developing economie

4.6

4.4

3.9

5.8

Consumer prices (annual %)

Advanced economies

2.0

1.4

1.6

1.8

United States

2.1

1.5

2.0

2.1

Japan

0.0

0.4

2.7

2.0

United Kingdom

2.8

2.6

1.6

1.8

Eurozone

2.5

1.3

0.5

0.9

Germany

2.1

1.6

0.9

1.2

Spain

2.4

1.5

0.0

0.6

Recently industrialised Asian economies

4.7

4.7

4.1

4.2

Emerging market and developing economies

6.1

5.9

5.5

5.6

Actual

Projections

2012

2013

2014

2015

Unemployment rate (% active population)

Advanced economies

8.0

7.9

7.3

7.1

United States

8.1

7.4

6.3

5.9

Japan

4.3

4.0

3.7

3.8

United Kingdom

8.0

7.6

6.3

5.8

Eurozone

11.3

11.9

11.6

11.2

Germany

5.5

5.3

5.3

5.3

Spain

24.8

26.1

24.6

23.5

Current account balance (% of GDP)

Advanced economies

-0.1

0.4

0.3

0.2

United States

-2.9

-2.4

-2.5

-2.6

Japan

1.0

0.7

1.0

1.1

United Kingdom

-3.8

-4.5

-4.2

-3.8

Eurozone

1.4

2.4

2.0

1.9

Germany

7.4

7.0

6.2

5.8

Spain

-1.2

0.8

0.1

0.4

Recently industrialised Asian economies

1.0

1.0

1.0

1.1