Samoa: 2018 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Samoa
IMF Staff Country Reports, June 4, 2018
Source details
- Canonical URL
- Samoa: 2018 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Samoa
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Bibliographic details
- Published: June 4, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484359242.002
Key macroeconomic findings
- Growth remained robust at 2.5 percent in 2016/17, driven by commerce, services and agriculture.
- Inflation picked up to 1.3 percent in 2016/17, compared with close to zero in the previous year, but remains well below the authorities’ target of 3 percent.
- The current account deficit narrowed to 2.3 percent, driven by temporary factors.
Exchange rate and external sector
- The Samoan Tala appreciated against the United States dollar during 2016/17.
- There was little change in the nominal and real effective exchange rates during 2016/17.
Growth outlook and near-term projections
- Growth is projected to moderate to 1.8 percent in 2017/18.
- Growth is projected to rebound in 2018/19 as two new businesses scale up operations at the old Yazaki plant and several infrastructure projects are completed.
Thematic coverage (as listed)
- Anti-money laundering and combating the financing of terrorism (AML/CFT)
- Banking
- Credit
- Crime
- Environment
- External debt
- Money
- Natural disasters
- Public and publicly-guaranteed external debt
- Public debt
IMF Staff Country Report: Samoa: 2018 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Samoa (June 4, 2018).
Content in this bundle
- Country Report