No. 3 - Department of Treasury - The Western Australian Government

2006 No.3 Western Australian Economic SummaryStatistical AppendixInternational TrendsREAL GROWTH IN WORLD OUTPUT AND TRADEIMF Estimates and Forecasts2007 2006 2005Trade 7.6% 8.9% 7.4%Output 4.9% 5.1% 4.9%Source: IMF WEO Database, September 2006CURRENT ACCOUNT BALANCESIMF Estimates, Countries, % GDP2005 2006 2007Australia -6.0% -5.6% -5.3%China 7.2% 7.2% 7.2%France -1.6% -1.7% -1.7%Germany 4.1% 4.2% 4.0%HK 11.4% 8.7% 7.8%Indonesia 0.3% 0.2% 0.6%Italy -1.6% -1.4% -1.0%Japan 3.6% 3.7% 3.5%Malaysia 15.2% 15.6% 15.7%Mexico -0.6% -0.1% -0.2%NZ -8.9% -9.6% -9.1%Russia 10.9% 12.3% 10.7%Singapore 28.5% 28.5% 27.3%Taiwan 4.7% 5.8% 5.9%UK -2.2% -2.4% -2.3%USA -6.4% -6.6% -6.9%Source: IMF WEO Database, September 2006GENERAL GOVERNMENT BALANCESIMF Estimates, Countries, % GDP2005 2006 2007Australia 2.3% 2.2% 2.0%France -2.9% -2.7% -2.6%Germany -3.3% -2.9% -2.4%HK 1.0% 0.5% 0.7%Italy -4.1% -4.0% -4.1%Japan -5.6% -5.2% -4.9%NZ 4.8% 4.4% 3.0%Singapore 6.0% 4.3% 4.5%Taiwan -2.4% -1.7% -1.7%UK -3.3% -3.2% -2.8%USA -3.7% -3.1% -3.2%Source: IMF WEO Database, September 2006Department of Treasury and Finance 91