A new coalition government of the centre-right Democratic Party (DP) and two left-of-centre parties, the Socialist Workers' Party (LSAP) and the Green Party, entered office in October 2013 following a snap general election.
The Economist Intelligence Unit expects the general government balance to slip from a surplus of 0.1% of GDP in 2014 to a deficit of 0.3% of GDP in 2015.
Annual consumer price inflation will remain subdued in 2014, at 0.9% on average. In 2015, we expect the rate to rise to an average of 2.1%, largely as a result of an announced increase in value-added tax (VAT).

Summary 7

Basic data 8

Political structure 9

Economic structure 10

Annual indicators 10

Quarterly indicators 11

Comparative economic indicators 12

Outlook for 2014-15 13

Political outlook 13

Economic policy outlook 14

Economic forecast 17

Recent analysis 20

Politics 20

Economy 29

International assumptions summary 17

Forecast summary 19

Gross domestic product 19

Consumer price inflation 19

中国科学技术信息研究所