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World Development Indicators 2005  - The World Bank Group
Table of Contents - Foreword - Acknowledgments - Preface - Partners - Users guide
Section 1. World View
Section 2. People
Section 3. Environment
Section 4. Economy
Section 5. States and Markets
Section 6. Global Links
Bibliography and Methodology


Introduction 189

4.a Recent economic performance 194
4.b Key macroeconomic indicators 195
4.1 Growth of output 198
4.2 Structure of output 202
4.3 Structure of manufacturing 206
4.4 Growth of merchandise trade 210
4.5 Structure of merchandise exports 214
4.6 Structure of merchandise imports 218
4.7 Structure of service exports 222
4.8 Structure of service imports 226
4.9 Structure of demand 230
4.10 Growth of consumption and investment 234
4.11 Central government fi nances 238
4.12 Central government expenses 242
4.13 Central government revenues 246
4.14 Monetary indicators and prices 250
4.15 Balance of payments current account 254
4.16 External debt 258
4.17 External debt management 262

Text figures and boxes
4a Economic growth varies greatly across regions 190
4b With more than two decades of rapid growth East Asia and Pacifi c has caught up with Latin America and the Caribbean 190
4c The 10 largest holders of foreign exchange reserves in 2003 191
4d Fewer countries had double digit infl ation rates in 2003 192
4e The System of National Accounts—keeping up with the 21st century 193
4.3a Manufacturing continues to show strong growth in East Asia 209
4.5a Some developing country regions are increasing their share of merchandise exports 217
4.6a Top 10 exporters in Sub-Saharan Africa in 2003 221
4.7a Top 10 developing country exporters of commercial services in 2003 225
4.8a The mix of commercial service imports is changing 229
4.10a Investment has risen in Asia, but remains stagnant in Latin America and Africa 237
4.11a Selected developing countries with large cash defi cits 241
4.12a Interest payments are a large part of government expenditure for some developing economies 245
4.13a Rich countries rely more on direct taxes 249
4.15a The 15 economies with the largest current account surplus and the 15 with the largest defi cit—in 2002 257
4.16a The debt burden of Sub-Saharan African countries has been falling since 1995 261
4.17a When the present value of a country’s external debt exceeds 220 percent of exports or 80 percent of GNI, the World Bank classifi es it as severely indebted 265
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