TRANSITION INDICATORS EBRD Statistics

Structural Indicators - 1 ENTERPRISES Privatisation revenues (cumulative, in per cent of GDP) Private sector share in GDP (in per cent) Private sector share in employment (in per cent) Budgetary subsidies and current transfers (in per cent of GDP) Share of industry in total employment (in per cent) Change in labour productivity in industry (in per cent) Investment/GDP (in per cent) EBRD index of small-scale privatisation EBRD index of large-scale privatisation EBRD index of enterprise reform

Structural Indicators - 2 MARKETS AND TRADE Share of administered prices in CPI (in per cent) Number of goods with administered prices in EBRD-15 basket Share of trade with non-transition countries (in per cent) Share of trade in GDP (in per cent) Tariff revenues (in per cent of imports) EBRD index of price liberalisation EBRD index of forex and trade liberalisation EBRD index of competition policy

Structural Indicators - 3 FINANCIAL SECTOR Number of banks (foreign-owned) Asset share of state-owned banks (in per cent) Asset share of foreign-owned banks (in per cent) Non-performing loans (in per cent of total loans) Domestic credit to private sector (in per cent of GDP) Domestic credit to households (in per cent of GDP) Stock market capitalisation (in per cent of GDP) Stock trading volume (in per cent of market capitalisation) Eurobond issuance (in per cent of GDP) EBRD index of banking sector reform EBRD index of reform of non-bank financial institutions

Structural Indicators - 4 INFRASTRUCTURE Fixed-line (mobile) penetration rate (per 100 inhabitants) Internet penetration rate (per 10,000 inhabitants) Railway labour productivity (1989=100) Residential electricity tariffs, (USc kWh) Average collection rate, electricity (in per cent) GDP per unit of energy use (PPP in US dollars per kgoe) EBRD index of infrastructure reform Electric power Railways Roads Telecommunications Water and waste water

Macroeconomic Indicators 1 OUTPUT AND EXPENDITURES GDP Private consumption Public consumption Gross fixed capital formation Exports of goods and services Imports of goods and services Industrial gross output Agricultural gross output Employment Labour force (end-year) Employment (end-year) Unemployment (end-year)

Macroeconomic Indicators 2 PRICES AND WAGES Consumer prices (annual average) Consumer prices (end-year) Producer prices (annual average) Producer prices (end-year) Gross average monthly earnings in economy (annual average) GOVERNMENT SECTOR General government balance General government expenditure General government debt

Macroeconomic Indicators 3 MONETARY SECTOR Broad money (M2, end-year) Domestic credit (end-year) Broad money (M2, end-year) INTEREST AND EXCHANGE RATES Refinancing rate Treasury bill rate (3-month maturity) Deposit rate (1 year) Lending rate (1 year) Exchange rate (end-year) Exchange rate (annual average)

Macroeconomic Indicators 4 EXTERNAL SECTOR Current account Trade balance Merchandise exports Merchandise imports Foreign direct investment, net Gross reserves, excluding gold (end-year) External debt stock Debt service

Macroeconomic Indicators 5 MEMORANDUM ITEMS Population (end-year, million) GDP GDP per capita (in US dollar) Share of industry in GDP (in per cent) Share of agriculture in GDP (in per cent) Current account/GDP (in per cent) External debt - reserves (in US$ million) External debt/GDP (in per cent) External debt/exports of goods (in per cent)

Common Transition Indicators Large scale privatisation Competition Policy Small scale privatisation Banking reform & interest rate liberalisation Enterprise restructuring Securities markets & non-bank financial institutions Price liberalisationTrade & Forex system Overall infrastructure reform