@ Actual and Forecast Values for Selected Variables
@ First Quarter of the Forecast is 2011.4
@
@ Real GDP and its Endogenous Components
@
PRINTVAR FIXEDF LEVELS PCHANGES GDPR CS CN CD IHH IKF IM;
GDPR GDPR CS CS CN CN
Level %Change Level %Change Level %Change
2009.1 3165.825 -6.663 1488.375 -2.343 495.100 -0.984
2009.2 3160.325 -0.693 1482.150 -1.662 493.225 -1.506
2009.3 3173.650 1.697 1481.700 -0.121 495.675 2.002
2009.4 3203.375 3.799 1483.225 0.412 499.425 3.061
2010.1 3234.450 3.937 1486.875 0.988 505.275 4.768
2010.2 3264.625 3.784 1496.075 2.498 507.700 1.934
2010.3 3284.925 2.511 1502.025 1.600 511.475 3.008
2010.4 3304.050 2.349 1506.875 1.298 516.875 4.290
2011.1 3306.975 0.355 1509.775 0.772 518.875 1.557
2011.2 3317.950 1.334 1516.750 1.861 519.150 0.212
2011.3 3338.225 2.467 1527.850 2.960 519.425 0.212
2011.4 3370.340 3.904 1528.943 0.287 519.747 0.248
2012.1 3397.144 3.219 1529.818 0.229 520.277 0.408
2012.2 3427.909 3.672 1532.961 0.824 521.406 0.871
2012.3 3464.795 4.374 1538.647 1.492 523.121 1.322
2012.4 3506.090 4.853 1547.168 2.234 525.269 1.653
2013.1 3547.782 4.842 1557.784 2.773 527.688 1.854
2013.2 3592.963 5.192 1570.284 3.248 530.315 2.007
2013.3 3640.084 5.350 1584.361 3.634 533.091 2.110
2013.4 3687.533 5.317 1599.878 3.975 535.952 2.164
2014.1 3734.017 5.138 1616.234 4.153 538.867 2.194
2014.2 3778.805 4.885 1633.280 4.286 541.809 2.202
2014.3 3821.557 4.603 1651.005 4.412 544.741 2.182
2014.4 3862.226 4.325 1669.618 4.586 547.634 2.141
2015.1 3900.708 4.045 1688.404 4.577 550.501 2.111
2015.2 3937.005 3.774 1707.347 4.564 553.341 2.080
2015.3 3971.173 3.517 1726.605 4.589 556.140 2.039
2015.4 4003.447 3.291 1746.493 4.688 558.890 1.992
2016.1 4033.874 3.075 1766.222 4.596 561.631 1.977
2016.2 4062.557 2.875 1785.805 4.509 564.388 1.978
2016.3 4089.720 2.701 1805.443 4.472 567.168 1.985
2016.4 4115.758 2.571 1825.616 4.545 569.966 1.988
2017.1 4140.763 2.452 1845.469 4.422 572.828 2.023
2017.2 4164.923 2.354 1865.237 4.354 575.760 2.064
2017.3 4188.553 2.289 1885.198 4.350 578.757 2.098
2017.4 4212.112 2.269 1905.862 4.457 581.798 2.118
2018.1 4235.666 2.256 1926.270 4.353 584.921 2.164
2018.2 4259.363 2.257 1946.673 4.304 588.128 2.211
2018.3 4283.490 2.285 1967.449 4.338 591.407 2.249
2018.4 4308.527 2.359 1989.348 4.527 594.725 2.263
2019.1 4334.383 2.422 2011.011 4.428 598.131 2.310
2019.2 4361.045 2.483 2032.611 4.366 601.632 2.361
2019.3 4388.682 2.559 2054.602 4.398 605.206 2.398
2019.4 4417.730 2.674 2077.928 4.619 608.809 2.402
2020.1 4447.930 2.763 2101.026 4.521 612.489 2.440
2020.2 4479.181 2.840 2124.262 4.498 616.242 2.473
2020.3 4511.609 2.928 2148.182 4.581 620.036 2.486
2020.4 4545.675 3.055 2173.936 4.882 623.815 2.460
CD CD IHH IHH IKF IKF
Level %Change Level %Change Level %Change
2009.1 273.650 2.449 74.103 -36.268 260.142 -36.385
2009.2 270.850 -4.030 69.672 -21.857 246.140 -19.852
2009.3 283.650 20.286 72.621 18.039 243.753 -3.824
2009.4 280.200 -4.777 71.983 -3.467 240.715 -4.893
2010.1 286.875 9.875 70.424 -8.385 243.956 5.495
2010.2 292.325 7.818 74.191 23.170 256.013 21.284
2010.3 298.525 8.757 68.266 -28.317 263.746 12.640
2010.4 310.625 17.226 68.636 2.187 270.285 10.292
2011.1 319.350 11.718 68.244 -2.266 272.367 3.117
2011.2 315.050 -5.278 68.930 4.082 280.160 11.945
2011.3 318.250 4.125 69.334 2.363 290.925 16.278
2011.4 317.912 -0.424 71.494 13.057 297.737 9.700
2012.1 318.027 0.144 73.774 13.379 303.573 8.074
2012.2 320.449 3.081 78.266 26.674 310.799 9.868
2012.3 324.232 4.807 84.417 35.336 320.146 12.583
2012.4 328.466 5.327 91.644 38.903 331.648 15.163
2013.1 332.775 5.352 99.134 36.923 343.882 15.592
2013.2 337.476 5.772 106.843 34.925 357.509 16.818
2013.3 342.575 6.182 114.564 32.189 372.239 17.528
2013.4 347.905 6.370 122.129 29.148 387.502 17.438
2014.1 353.577 6.682 129.395 26.006 402.914 16.884
2014.2 359.419 6.775 136.250 22.936 418.200 16.061
2014.3 365.249 6.648 142.626 20.075 433.031 14.957
2014.4 370.770 6.185 148.487 17.478 447.150 13.695
2015.1 376.357 6.164 153.826 15.178 460.331 12.322
2015.2 381.907 6.031 158.653 13.154 472.389 10.897
2015.3 387.202 5.662 162.953 11.291 483.183 9.458
2015.4 392.012 5.063 166.762 9.684 492.624 8.048
2016.1 396.847 5.025 170.130 8.325 500.613 6.646
2016.2 401.644 4.923 173.101 7.172 507.080 5.268
2016.3 406.254 4.671 175.721 6.192 512.008 3.944
2016.4 410.392 4.137 178.030 5.361 515.443 2.711
2017.1 414.619 4.184 180.078 4.682 517.405 1.532
2017.2 418.773 4.068 181.907 4.125 517.955 0.426
2017.3 422.720 3.824 183.554 3.671 517.215 -0.570
2017.4 426.216 3.349 185.053 3.308 515.362 -1.425
2018.1 429.901 3.504 186.447 3.047 512.522 -2.186
2018.2 433.625 3.511 187.767 2.861 508.848 -2.837
2018.3 437.189 3.328 189.038 2.735 504.546 -3.340
2018.4 440.216 2.798 190.281 2.657 499.868 -3.658
2019.1 443.595 3.105 191.529 2.649 494.960 -3.869
2019.2 447.218 3.307 192.801 2.683 489.973 -3.970
2019.3 450.827 3.267 194.109 2.741 485.098 -3.921
2019.4 453.920 2.773 195.459 2.812 480.569 -3.683
2020.1 457.465 3.160 196.872 2.923 476.469 -3.369
2020.2 461.229 3.332 198.353 3.043 472.886 -2.974
2020.3 464.909 3.230 199.901 3.159 469.953 -2.458
2020.4 467.911 2.608 201.513 3.266 467.851 -1.777
IM IM
Level %Change
2009.1 463.825 -34.027
2009.2 445.300 -15.044
2009.3 462.425 16.293
2009.4 481.300 17.354
2010.1 495.750 12.561
2010.2 520.600 21.609
2010.3 535.875 12.263
2010.4 532.750 -2.312
2011.1 543.475 8.299
2011.2 545.350 1.387
2011.3 547.950 1.921
2011.4 542.836 -3.681
2012.1 539.428 -2.488
2012.2 538.124 -0.964
2012.3 539.200 0.802
2012.4 542.779 2.681
2013.1 548.687 4.426
2013.2 556.862 6.094
2013.3 567.205 7.639
2013.4 579.562 9.003
2014.1 593.737 10.148
2014.2 609.515 11.061
2014.3 626.670 11.742
2014.4 644.979 12.209
2015.1 664.206 12.467
2015.2 684.116 12.541
2015.3 704.487 12.453
2015.4 725.122 12.241
2016.1 745.821 11.916
2016.2 766.399 11.501
2016.3 786.699 11.024
2016.4 806.612 10.515
2017.1 826.018 9.976
2017.2 844.830 9.426
2017.3 863.002 8.886
2017.4 880.541 8.381
2018.1 897.439 7.900
2018.2 913.720 7.456
2018.3 929.446 7.064
2018.4 944.737 6.745
2019.1 959.671 6.474
2019.2 974.338 6.255
2019.3 988.859 6.096
2019.4 1003.409 6.017
2020.1 1018.086 5.980
2020.2 1032.998 5.989
2020.3 1048.278 6.050
2020.4 1064.121 6.184
PRINTVAR FIXEDF LEVELS IVF;
IVF
Level
2009.1 -40.400
2009.2 -45.750
2009.3 -44.675
2009.4 -14.125
2010.1 9.975
2010.2 16.150
2010.3 23.075
2010.4 9.575
2011.1 12.275
2011.2 9.775
2011.3 1.350
2011.4 5.943
2012.1 9.129
2012.2 9.352
2012.3 9.757
2012.4 11.571
2013.1 14.419
2013.2 15.170
2013.3 16.629
2013.4 18.134
2014.1 19.240
2014.2 19.735
2014.3 19.678
2014.4 19.205
2015.1 18.534
2015.2 17.723
2015.3 16.833
2015.4 15.877
2016.1 14.984
2016.2 14.123
2016.3 13.270
2016.4 12.429
2017.1 11.748
2017.2 11.143
2017.3 10.584
2017.4 10.075
2018.1 9.783
2018.2 9.589
2018.3 9.441
2018.4 9.325
2019.1 9.462
2019.2 9.687
2019.3 9.906
2019.4 10.090
2020.1 10.516
2020.2 10.969
2020.3 11.355
2020.4 11.653
@
@ Prices and Wages
@
PRINTVAR FIXEDF PCHANGES GDPD PF WF WR ;
GDPD PF WF WR
%Change %Change %Change %Change
2009.1 1.528 2.568 -5.348 -7.718
2009.2 -0.448 -0.663 4.527 5.225
2009.3 0.233 0.255 1.418 1.160
2009.4 1.044 0.348 0.262 -0.086
2010.1 1.526 0.501 1.032 0.529
2010.2 1.580 1.268 3.196 1.904
2010.3 1.318 0.864 4.632 3.736
2010.4 1.770 1.510 0.514 -0.982
2011.1 2.726 1.014 3.383 2.345
2011.2 2.590 2.438 3.617 1.151
2011.3 2.512 3.154 1.677 -1.432
2011.4 2.461 2.932 5.812 2.798
2012.1 3.120 3.060 5.863 2.720
2012.2 3.125 3.179 5.910 2.647
2012.3 3.215 3.313 5.973 2.575
2012.4 3.372 3.464 6.054 2.503
2013.1 3.552 3.615 6.136 2.433
2013.2 3.677 3.770 6.224 2.365
2013.3 3.841 3.923 6.313 2.300
2013.4 3.993 4.063 6.394 2.239
2014.1 4.115 4.180 6.456 2.184
2014.2 4.209 4.265 6.492 2.136
2014.3 4.272 4.313 6.500 2.096
2014.4 4.308 4.325 6.478 2.063
2015.1 4.302 4.302 6.428 2.038
2015.2 4.267 4.248 6.354 2.020
2015.3 4.210 4.167 6.259 2.008
2015.4 4.136 4.064 6.147 2.001
2016.1 4.032 3.945 6.023 1.999
2016.2 3.916 3.814 5.891 2.000
2016.3 3.794 3.675 5.753 2.004
2016.4 3.674 3.533 5.615 2.011
2017.1 3.540 3.391 5.478 2.018
2017.2 3.411 3.252 5.345 2.027
2017.3 3.289 3.119 5.219 2.036
2017.4 3.179 2.995 5.101 2.045
2018.1 3.065 2.881 4.993 2.053
2018.2 2.963 2.778 4.896 2.061
2018.3 2.876 2.688 4.810 2.067
2018.4 2.810 2.612 4.738 2.072
2019.1 2.739 2.549 4.677 2.075
2019.2 2.681 2.500 4.629 2.077
2019.3 2.640 2.463 4.591 2.077
2019.4 2.622 2.439 4.566 2.076
2020.1 2.596 2.427 4.551 2.073
2020.2 2.584 2.425 4.544 2.069
2020.3 2.587 2.432 4.546 2.064
2020.4 2.611 2.448 4.555 2.057
@
@ Interest Rates and Money
@
PRINTVAR FIXEDF LEVELS RS RB RM M1 PCM1 UBR;
RS RB RM M1 PCM1 UBR
Level Level Level Level Level Level
2009.1 0.213 5.273 5.063 1734.451 -1.215 324.184
2009.2 0.173 5.513 5.030 1814.569 19.797 391.865
2009.3 0.157 5.267 5.157 1859.891 10.371 701.100
2009.4 0.057 5.200 4.920 1905.354 10.142 935.311
2010.1 0.107 5.293 4.997 1889.567 -3.273 1103.518
2010.2 0.147 5.043 4.910 1938.503 10.769 1035.330
2010.3 0.157 4.580 4.447 1948.312 2.039 994.054
2010.4 0.137 4.857 4.413 2022.805 16.194 1020.572
2011.1 0.127 5.130 4.850 2122.206 21.153 1469.500
2011.2 0.047 5.037 4.663 2237.672 23.605 1660.160
2011.3 0.023 4.463 4.310 2426.182 38.200 1660.160
2011.4 0.559 4.388 4.327 2439.368 2.192 1499.880
2012.1 0.799 4.305 4.359 2453.943 2.412 1399.880
2012.2 0.795 4.193 4.321 2469.401 2.544 1299.880
2012.3 0.869 4.124 4.292 2485.686 2.664 1199.880
2012.4 1.095 4.114 4.328 2502.419 2.720 1099.880
2013.1 1.366 4.134 4.413 2519.523 2.762 999.880
2013.2 1.632 4.173 4.522 2536.976 2.800 899.880
2013.3 1.909 4.236 4.654 2554.891 2.855 799.880
2013.4 2.208 4.323 4.811 2573.209 2.899 699.880
2014.1 2.510 4.430 4.988 2591.883 2.935 599.880
2014.2 2.795 4.547 5.176 2610.936 2.973 499.880
2014.3 3.052 4.672 5.366 2630.410 3.017 399.880
2014.4 3.280 4.799 5.553 2650.351 3.067 299.880
2015.1 3.477 4.926 5.734 2670.747 3.114 199.880
2015.2 3.639 5.049 5.903 2691.624 3.163 99.880
2015.3 3.766 5.166 6.059 2713.012 3.217 99.880
2015.4 3.860 5.274 6.198 2734.945 3.273 99.880
2016.1 3.922 5.372 6.319 2757.399 3.325 99.880
2016.2 3.955 5.458 6.422 2780.385 3.376 99.880
2016.3 3.960 5.532 6.505 2803.923 3.430 99.880
2016.4 3.942 5.593 6.570 2828.044 3.486 99.880
2017.1 3.903 5.642 6.616 2852.715 3.535 99.880
2017.2 3.848 5.678 6.646 2877.949 3.586 99.880
2017.3 3.778 5.702 6.659 2903.763 3.636 99.880
2017.4 3.699 5.716 6.658 2930.182 3.689 99.880
2018.1 3.614 5.720 6.645 2957.163 3.734 99.880
2018.2 3.525 5.715 6.621 2984.716 3.779 99.880
2018.3 3.435 5.703 6.589 3012.861 3.826 99.880
2018.4 3.347 5.684 6.550 3041.632 3.875 99.880
2019.1 3.265 5.661 6.507 3070.963 3.913 99.880
2019.2 3.189 5.635 6.461 3100.857 3.951 99.880
2019.3 3.120 5.607 6.415 3131.336 3.990 99.880
2019.4 3.061 5.578 6.369 3162.443 4.033 99.880
2020.1 3.013 5.549 6.325 3194.098 4.064 99.880
2020.2 2.975 5.522 6.285 3226.314 4.096 99.880
2020.3 2.947 5.497 6.250 3259.112 4.129 99.880
2020.4 2.932 5.475 6.219 3292.543 4.167 99.880
@
@ Unemployment Rate and Unemployment
@
PRINTVAR FIXEDF LEVELS UR100 U;
UR100 U
Level Level
2009.1 8.232 12.643
2009.2 9.291 14.309
2009.3 9.694 14.886
2009.4 10.009 15.310
2010.1 9.697 14.849
2010.2 9.656 14.839
2010.3 9.586 14.710
2010.4 9.628 14.766
2011.1 8.933 13.693
2011.2 9.065 13.916
2011.3 9.090 13.963
2011.4 8.909 13.712
2012.1 8.729 13.459
2012.2 8.543 13.200
2012.3 8.325 12.890
2012.4 8.067 12.520
2013.1 7.793 12.124
2013.2 7.497 11.693
2013.3 7.184 11.237
2013.4 6.870 10.776
2014.1 6.569 10.336
2014.2 6.295 9.937
2014.3 6.057 9.592
2014.4 5.858 9.308
2015.1 5.700 9.089
2015.2 5.584 8.934
2015.3 5.506 8.839
2015.4 5.462 8.800
2016.1 5.450 8.812
2016.2 5.466 8.867
2016.3 5.505 8.961
2016.4 5.563 9.085
2017.1 5.636 9.233
2017.2 5.720 9.400
2017.3 5.811 9.579
2017.4 5.905 9.764
2018.1 6.000 9.949
2018.2 6.092 10.130
2018.3 6.180 10.305
2018.4 6.259 10.465
2019.1 6.329 10.609
2019.2 6.389 10.737
2019.3 6.438 10.847
2019.4 6.474 10.935
2020.1 6.497 11.002
2020.2 6.509 11.049
2020.3 6.510 11.077
2020.4 6.497 11.083
@
@ Labor Force and Employment
@
PRINTVAR FIXEDF PCHANGES L1 L2 L3 LM JF E;
L1 L2 L3 LM JF E
%Change %Change %Change %Change %Change %Change
2009.1 -1.584 -0.609 1.808 -9.847 -7.002 -5.624
2009.2 1.339 0.323 1.619 -28.975 -5.946 -3.421
2009.3 0.482 -1.120 -2.768 -6.586 -3.297 -2.806
2009.4 -2.429 -1.558 -0.567 24.683 -2.031 -2.904
2010.1 -1.921 0.215 3.375 -35.815 -0.333 1.841
2010.2 2.280 -1.351 2.986 0.574 0.946 1.557
2010.3 -0.580 -1.736 0.679 -19.641 -0.271 -0.212
2010.4 -2.271 1.173 0.628 28.919 1.287 -0.448
2011.1 -1.972 -1.860 3.284 -15.071 2.647 2.860
2011.2 1.398 -0.615 0.866 12.152 0.938 0.025
2011.3 -1.315 -0.149 2.343 18.810 1.415 0.153
2011.4 0.153 0.962 1.232 0.461 1.617 1.557
2012.1 0.157 0.883 1.261 1.670 1.666 1.543
2012.2 0.161 0.890 1.397 2.968 1.816 1.613
2012.3 0.166 0.892 1.541 4.323 2.108 1.807
2012.4 0.176 0.889 1.697 5.774 2.441 2.031
2013.1 0.187 0.886 1.857 7.152 2.665 2.163
2013.2 0.202 0.884 2.024 8.505 2.916 2.319
2013.3 0.219 0.880 2.194 9.788 3.135 2.449
2013.4 0.235 0.876 2.360 10.908 3.278 2.517
2014.1 0.248 0.872 2.515 11.763 3.326 2.513
2014.2 0.258 0.870 2.653 12.287 3.288 2.445
2014.3 0.263 0.868 2.768 12.456 3.181 2.333
2014.4 0.262 0.867 2.859 12.289 3.026 2.194
2015.1 0.255 0.866 2.926 11.825 2.837 2.039
2015.2 0.244 0.866 2.969 11.115 2.625 1.878
2015.3 0.227 0.867 2.991 10.216 2.401 1.718
2015.4 0.207 0.867 2.992 9.191 2.176 1.566
2016.1 0.183 0.867 2.977 8.090 1.954 1.424
2016.2 0.157 0.866 2.947 6.954 1.737 1.290
2016.3 0.129 0.865 2.904 5.823 1.530 1.169
2016.4 0.100 0.864 2.852 4.733 1.343 1.065
2017.1 0.070 0.862 2.792 3.708 1.174 0.974
2017.2 0.040 0.859 2.727 2.762 1.021 0.895
2017.3 0.011 0.855 2.660 1.909 0.890 0.831
2017.4 -0.017 0.851 2.591 1.167 0.787 0.786
2018.1 -0.043 0.846 2.524 0.539 0.706 0.753
2018.2 -0.067 0.840 2.459 0.022 0.645 0.732
2018.3 -0.089 0.833 2.398 -0.385 0.605 0.722
2018.4 -0.109 0.826 2.341 -0.672 0.594 0.731
2019.1 -0.126 0.819 2.292 -0.851 0.600 0.748
2019.2 -0.141 0.810 2.248 -0.933 0.619 0.770
2019.3 -0.153 0.802 2.211 -0.930 0.650 0.798
2019.4 -0.162 0.793 2.182 -0.838 0.702 0.839
2020.1 -0.168 0.784 2.160 -0.673 0.762 0.882
2020.2 -0.173 0.775 2.145 -0.452 0.825 0.924
2020.3 -0.175 0.766 2.136 -0.185 0.892 0.968
2020.4 -0.175 0.757 2.134 0.132 0.975 1.022
@
@ Profits and Productivity
@
PRINTVAR FIXEDF LEVELS PCHANGES PIEF PROD100 ;
PIEF PIEF PROD100 PROD100
Level %Change Level %Change
2009.1 151.603 35.686 5.435 1.736
2009.2 150.819 -2.053 5.522 6.497
2009.3 175.324 82.617 5.612 6.741
2009.4 214.937 125.881 5.673 4.358
2010.1 243.956 65.959 5.724 3.709
2010.2 245.830 3.108 5.740 1.084
2010.3 240.084 -9.027 5.770 2.142
2010.4 211.850 -39.374 5.795 1.689
2011.1 243.420 74.306 5.779 -1.081
2011.2 252.822 16.368 5.774 -0.340
2011.3 273.030 36.013 5.804 2.111
2011.4 266.457 -9.286 5.826 1.542
2012.1 261.407 -7.368 5.846 1.351
2012.2 260.775 -0.963 5.870 1.680
2012.3 265.784 7.907 5.901 2.076
2012.4 272.950 11.228 5.933 2.231
2013.1 278.449 8.305 5.964 2.059
2013.2 285.110 9.918 5.996 2.173
2013.3 292.005 10.030 6.028 2.148
2013.4 298.169 8.714 6.058 2.028
2014.1 302.952 6.574 6.086 1.869
2014.2 306.281 4.467 6.112 1.723
2014.3 308.384 2.775 6.137 1.611
2014.4 309.525 1.489 6.160 1.542
2015.1 310.220 0.900 6.183 1.495
2015.2 310.704 0.627 6.206 1.470
2015.3 311.114 0.529 6.228 1.463
2015.4 311.646 0.685 6.251 1.476
2016.1 312.752 1.428 6.274 1.492
2016.2 314.541 2.308 6.298 1.512
2016.3 317.141 3.347 6.322 1.542
2016.4 320.692 4.554 6.347 1.588
2017.1 325.581 6.240 6.373 1.627
2017.2 331.775 7.829 6.399 1.665
2017.3 339.342 9.440 6.426 1.712
2017.4 348.361 11.063 6.454 1.771
2018.1 359.112 12.929 6.483 1.816
2018.2 371.402 14.407 6.513 1.856
2018.3 385.119 15.612 6.544 1.900
2018.4 400.185 16.591 6.576 1.958
2019.1 416.842 17.717 6.608 1.992
2019.2 434.732 18.305 6.641 2.015
2019.3 453.605 18.529 6.675 2.040
2019.4 473.291 18.523 6.710 2.082
2020.1 493.994 18.679 6.744 2.095
2020.2 515.255 18.360 6.780 2.099
2020.3 536.837 17.837 6.815 2.108
2020.4 558.620 17.245 6.851 2.139
@
@ Some other endogenous variables
@
PRINTVAR FIXEDF LEVELS CG SRZ100 SR SGP SSP;
CG SRZ100 SR SGP SSP
Level Level Level Level Level
2009.1 -1289.717 5.879 95.708 -248.525 -29.575
2009.2 1316.786 6.412 84.520 -325.750 -18.825
2009.3 2443.328 4.512 97.803 -326.350 -18.500
2009.4 645.733 4.406 99.954 -317.375 -11.200
2010.1 911.762 5.020 120.588 -317.950 -8.025
2010.2 -1573.730 5.770 120.693 -319.550 -7.075
2010.3 1626.553 5.738 122.295 -314.450 -1.275
2010.4 2133.728 5.343 116.343 -321.875 -8.825
2011.1 1115.660 5.192 123.538 -300.325 -14.350
2011.2 -183.415 5.228 123.352 -316.250 -10.025
2011.3 -1900.000 4.192 115.577 -286.879 -17.152
2011.4 397.420 4.342 100.855 -271.992 -10.473
2012.1 415.074 4.415 88.068 -248.251 -12.069
2012.2 458.426 5.196 76.408 -250.385 -13.118
2012.3 479.359 5.825 66.039 -250.821 -13.441
2012.4 474.556 6.334 57.993 -248.662 -13.123
2013.1 459.554 6.666 52.830 -241.805 -12.491
2013.2 465.186 7.014 49.877 -241.784 -11.446
2013.3 463.566 7.306 49.389 -242.025 -10.055
2013.4 455.766 7.545 51.433 -242.963 -8.447
2014.1 446.956 7.742 55.941 -244.938 -6.782
2014.2 441.064 7.900 62.683 -248.104 -5.174
2014.3 438.825 8.021 71.332 -252.467 -3.691
2014.4 439.725 8.105 81.552 -257.964 -2.367
2015.1 445.239 8.164 92.932 -264.430 -1.260
2015.2 453.884 8.200 105.123 -271.756 -0.389
2015.3 464.861 8.203 117.230 -278.796 0.216
2015.4 478.112 8.181 129.477 -286.375 0.603
2016.1 494.893 8.146 141.495 -294.280 0.744
2016.2 513.173 8.099 153.007 -302.397 0.643
2016.3 532.822 8.038 163.762 -310.606 0.327
2016.4 553.532 7.958 173.566 -318.776 -0.151
2017.1 576.597 7.874 182.158 -326.719 -0.816
2017.2 599.577 7.782 189.408 -334.369 -1.641
2017.3 622.820 7.681 195.213 -341.633 -2.584
2017.4 646.021 7.565 199.542 -348.411 -3.577
2018.1 670.330 7.450 202.301 -354.564 -4.651
2018.2 693.132 7.332 203.537 -360.098 -5.779
2018.3 714.724 7.209 203.334 -365.000 -6.915
2018.4 734.931 7.072 201.851 -369.244 -7.977
2019.1 755.735 6.941 199.123 -372.740 -9.027
2019.2 774.020 6.813 195.329 -375.584 -10.057
2019.3 790.276 6.685 190.672 -377.847 -11.031
2019.4 804.617 6.544 185.414 -379.567 -11.863
2020.1 819.432 6.414 179.638 -380.707 -12.650
2020.2 831.348 6.289 173.581 -381.428 -13.383
2020.3 841.502 6.162 167.471 -381.824 -14.028
2020.4 850.138 6.019 161.597 -381.941 -14.484
@
@ Selected exogenous variables
@
PRINTVAR FIXEDF PCHANGES COG COS EX TRGH PIM ;
COG COS EX TRGH PIM
%Change %Change %Change %Change %Change
2009.1 -7.413 -2.165 -28.941 31.584 -29.154
2009.2 16.748 3.206 -0.495 97.930 6.610
2009.3 7.438 -1.893 13.889 18.855 14.485
2009.4 1.975 -5.700 23.490 6.284 11.635
2010.1 1.883 -6.911 7.233 6.321 8.367
2010.2 9.318 3.031 10.045 6.510 -2.162
2010.3 7.234 1.681 10.034 6.427 -2.121
2010.4 -4.449 -4.683 7.816 -40.057 8.397
2011.1 -15.081 -6.060 7.839 7.726 19.080
2011.2 3.145 -4.428 3.568 7.916 12.537
2011.3 3.532 -0.962 4.002 7.503 -0.812
2011.4 -0.946 1.000 7.000 -13.926 1.500
2012.1 2.658 1.000 7.000 7.217 1.500
2012.2 2.903 1.000 7.000 7.221 1.500
2012.3 2.664 1.000 7.000 7.316 1.500
2012.4 -1.086 1.000 7.000 7.371 1.500
2013.1 -5.402 1.000 7.000 5.019 1.500
2013.2 3.000 1.000 7.000 7.824 1.500
2013.3 3.000 1.000 7.000 7.994 1.500
2013.4 3.000 1.000 7.000 8.152 1.500
2014.1 3.000 1.000 7.000 8.280 1.500
2014.2 3.000 1.000 7.000 8.377 1.500
2014.3 3.000 1.000 7.000 8.443 1.500
2014.4 3.000 1.000 7.000 8.481 1.500
2015.1 3.000 1.000 7.000 8.474 1.500
2015.2 3.000 1.000 7.000 8.438 1.500
2015.3 3.000 1.000 7.000 8.378 1.500
2015.4 3.000 1.000 7.000 8.301 1.500
2016.1 3.000 1.000 7.000 8.194 1.500
2016.2 3.000 1.000 7.000 8.073 1.500
2016.3 3.000 1.000 7.000 7.946 1.500
2016.4 3.000 1.000 7.000 7.821 1.500
2017.1 3.000 1.000 7.000 7.682 1.500
2017.2 3.000 1.000 7.000 7.548 1.500
2017.3 3.000 1.000 7.000 7.421 1.500
2017.4 3.000 1.000 7.000 7.306 1.500
2018.1 3.000 1.000 7.000 7.188 1.500
2018.2 3.000 1.000 7.000 7.082 1.500
2018.3 3.000 1.000 7.000 6.991 1.500
2018.4 3.000 1.000 7.000 6.923 1.500
2019.1 3.000 1.000 7.000 6.848 1.500
2019.2 3.000 1.000 7.000 6.788 1.500
2019.3 3.000 1.000 7.000 6.746 1.500
2019.4 3.000 1.000 7.000 6.727 1.500
2020.1 3.000 1.000 7.000 6.700 1.500
2020.2 3.000 1.000 7.000 6.688 1.500
2020.3 3.000 1.000 7.000 6.690 1.500
2020.4 3.000 1.000 7.000 6.715 1.500
@
@ Federal Government Budget
@
PRINTVAR FIXEDF LEVELS THG TCG IBTG SIG TRFG DG;
THG TCG IBTG SIG TRFG DG
Level Level Level Level Level Level
2009.1 228.925 36.925 23.850 237.800 12.900 -3.175
2009.2 249.150 44.175 26.300 237.925 15.175 -5.250
2009.3 267.450 56.475 25.825 236.650 10.475 -4.750
2009.4 271.050 64.075 26.125 236.475 11.475 -5.575
2010.1 271.875 80.575 25.900 240.075 12.075 -3.725
2010.2 286.175 79.525 27.000 242.475 11.875 -4.075
2010.3 294.575 87.225 27.550 243.875 12.600 -4.650
2010.4 235.700 82.275 27.175 244.475 12.200 -4.550
2011.1 274.950 86.350 28.275 223.650 11.950 -4.625
2011.2 286.075 85.000 29.575 226.425 11.875 -4.500
2011.3 295.550 88.896 29.450 227.625 11.825 -4.675
2011.4 302.907 88.121 29.636 232.023 11.999 -4.675
2012.1 310.721 87.705 29.838 264.100 12.175 -4.675
2012.2 318.899 88.150 30.113 269.394 12.353 -4.675
2012.3 327.724 89.699 30.456 275.075 12.534 -4.675
2012.4 337.263 91.689 30.864 281.172 12.718 -4.675
2013.1 347.288 93.384 31.321 287.546 12.905 -4.675
2013.2 357.951 95.325 31.827 294.289 13.094 -4.675
2013.3 369.268 97.339 32.380 301.374 13.287 -4.675
2013.4 381.130 99.238 32.975 308.723 13.482 -4.675
2014.1 393.396 100.896 33.602 316.240 13.679 -4.675
2014.2 405.920 102.296 34.257 323.836 13.880 -4.675
2014.3 418.576 103.481 34.934 331.437 14.084 -4.675
2014.4 431.258 104.497 35.630 338.988 14.290 -4.675
2015.1 443.885 105.442 36.337 346.440 14.500 -4.675
2015.2 456.382 106.356 37.050 353.756 14.713 -4.675
2015.3 468.554 107.264 37.767 360.905 14.929 -4.675
2015.4 480.475 108.203 38.488 367.875 15.148 -4.675
2016.1 492.125 109.254 39.206 374.652 15.370 -4.675
2016.2 503.477 110.438 39.919 381.228 15.596 -4.675
2016.3 514.518 111.778 40.627 387.605 15.825 -4.675
2016.4 525.262 113.300 41.333 393.801 16.057 -4.675
2017.1 535.736 115.077 42.032 399.825 16.292 -4.675
2017.2 545.953 117.103 42.725 405.695 16.531 -4.675
2017.3 555.949 119.391 43.414 411.435 16.774 -4.675
2017.4 565.778 121.958 44.105 417.083 17.020 -4.675
2018.1 575.504 124.855 44.792 422.665 17.270 -4.675
2018.2 585.166 128.048 45.477 428.206 17.523 -4.675
2018.3 594.815 131.516 46.165 433.740 17.780 -4.675
2018.4 604.528 135.247 46.864 439.315 18.041 -4.675
2019.1 614.380 139.286 47.565 444.955 18.306 -4.675
2019.2 624.407 143.566 48.270 450.678 18.575 -4.675
2019.3 634.651 148.042 48.985 456.511 18.847 -4.675
2019.4 645.180 152.683 49.720 462.497 19.124 -4.675
2020.1 656.057 157.528 50.462 468.647 19.404 -4.675
2020.2 667.297 162.491 51.217 474.970 19.689 -4.675
2020.3 678.930 167.529 51.990 481.483 19.978 -4.675
2020.4 691.017 172.621 52.792 488.225 20.271 -4.675
PRINTVAR FIXEDF LEVELS PUG TRGH TRGR TRGS INTG IGZ;
PUG TRGH TRGR TRGS INTG IGZ
Level Level Level Level Level Level
2009.1 276.325 372.075 11.075 109.600 45.675 37.525
2009.2 284.300 441.325 14.600 125.850 61.575 39.000
2009.3 289.425 460.800 16.625 121.600 61.700 39.975
2009.4 292.650 467.875 12.350 125.350 58.525 39.550
2010.1 298.800 475.100 16.200 128.700 58.825 40.325
2010.2 306.125 482.650 14.000 131.050 64.075 42.125
2010.3 309.375 490.225 15.225 135.525 62.250 42.725
2010.4 308.575 431.350 15.150 136.225 64.850 43.675
2011.1 304.975 439.450 14.725 128.625 67.075 40.200
2011.2 309.275 447.900 16.600 131.925 78.050 39.900
2011.3 312.175 456.075 14.600 117.650 69.100 40.875
2011.4 314.606 439.293 14.600 127.422 70.447 41.429
2012.1 318.889 447.013 14.600 129.041 73.327 42.058
2012.2 323.425 454.874 14.600 130.683 76.187 42.697
2012.3 328.001 462.974 14.600 132.375 79.246 43.356
2012.4 330.864 471.280 14.600 134.139 82.804 44.041
2013.1 331.616 477.085 14.600 135.986 86.741 44.756
2013.2 336.794 486.155 14.600 137.901 91.082 45.497
2013.3 342.157 495.592 14.600 139.897 96.196 46.269
2013.4 347.698 505.398 14.600 141.974 102.146 47.070
2014.1 353.406 515.549 14.600 144.124 108.936 47.900
2014.2 359.259 526.022 14.600 146.340 116.516 48.755
2014.3 365.235 536.790 14.600 148.612 124.784 49.633
2014.4 371.309 547.826 14.600 150.933 133.617 50.531
2015.1 377.455 559.081 14.600 153.288 142.895 51.445
2015.2 383.651 570.519 14.600 155.667 152.497 52.371
2015.3 389.874 582.111 14.600 158.060 161.131 53.306
2015.4 396.106 593.832 14.600 160.462 169.766 54.248
2016.1 402.333 605.640 14.600 162.860 178.298 55.193
2016.2 408.542 617.509 14.600 165.248 186.637 56.139
2016.3 414.724 629.427 14.600 167.621 194.700 57.085
2016.4 420.873 641.388 14.600 169.980 202.429 58.029
2017.1 426.986 653.366 14.600 172.316 209.773 58.970
2017.2 433.064 665.361 14.600 174.629 216.694 59.908
2017.3 439.107 677.375 14.600 176.921 223.167 60.842
2017.4 445.121 689.422 14.600 179.196 229.185 61.775
2018.1 451.113 701.490 14.600 181.450 234.755 62.705
2018.2 457.090 713.593 14.600 183.686 239.888 63.633
2018.3 463.060 725.751 14.600 185.911 244.609 64.561
2018.4 469.037 737.998 14.600 188.133 248.960 65.492
2019.1 475.030 750.321 14.600 190.348 252.993 66.425
2019.2 481.050 762.742 14.600 192.562 256.756 67.362
2019.3 487.110 775.292 14.600 194.782 260.298 68.305
2019.4 493.221 788.013 14.600 197.020 263.691 69.258
2020.1 499.394 800.893 14.600 199.270 267.001 70.220
2020.2 505.639 813.960 14.600 201.541 270.290 71.194
2020.3 511.967 827.245 14.600 203.838 273.612 72.181
2020.4 518.387 840.797 14.600 206.174 277.042 73.187
@
@ State and Local Government Budget
@
PRINTVAR FIXEDF LEVELS THS TCS IBTS SIS TRGS DS;
THS TCS IBTS SIS TRGS DS
Level Level Level Level Level Level
2009.1 70.575 9.400 232.325 4.925 109.600 -0.675
2009.2 68.925 11.250 230.925 5.025 125.850 -0.550
2009.3 72.475 13.275 233.375 5.075 121.600 -0.625
2009.4 72.825 13.475 236.025 5.125 125.350 -0.675
2010.1 72.475 16.050 238.875 5.150 128.700 -0.650
2010.2 71.650 14.550 240.475 5.175 131.050 -0.625
2010.3 75.125 14.475 242.250 5.225 135.525 -0.625
2010.4 78.275 12.775 244.350 5.275 136.225 -0.675
2011.1 79.750 12.925 248.650 5.325 128.625 -0.725
2011.2 82.700 13.600 250.800 5.400 131.925 -0.750
2011.3 82.375 14.223 249.850 5.425 117.650 -0.825
2011.4 84.107 14.106 251.427 5.505 127.422 -0.825
2012.1 85.940 14.036 253.145 5.585 129.041 -0.825
2012.2 87.849 14.104 255.474 5.667 130.683 -0.825
2012.3 89.897 14.348 258.386 5.750 132.375 -0.825
2012.4 92.101 14.659 261.843 5.835 134.139 -0.825
2013.1 94.412 14.920 265.720 5.921 135.986 -0.825
2013.2 96.862 15.219 270.019 6.007 137.901 -0.825
2013.3 99.454 15.526 274.710 6.096 139.897 -0.825
2013.4 102.164 15.812 279.754 6.185 141.974 -0.825
2014.1 104.960 16.056 285.079 6.276 144.124 -0.825
2014.2 107.812 16.257 290.634 6.368 146.340 -0.825
2014.3 110.692 16.422 296.378 6.461 148.612 -0.825
2014.4 113.577 16.559 302.283 6.556 150.933 -0.825
2015.1 116.448 16.683 308.277 6.652 153.288 -0.825
2015.2 119.289 16.802 314.328 6.750 155.667 -0.825
2015.3 122.059 16.921 320.412 6.849 158.060 -0.825
2015.4 124.775 17.045 326.528 6.949 160.462 -0.825
2016.1 127.428 17.188 332.617 7.051 162.860 -0.825
2016.2 130.014 17.354 338.664 7.155 165.248 -0.825
2016.3 132.531 17.546 344.672 7.260 167.621 -0.825
2016.4 134.980 17.770 350.667 7.366 169.980 -0.825
2017.1 137.368 18.036 356.597 7.474 172.316 -0.825
2017.2 139.697 18.344 362.474 7.584 174.629 -0.825
2017.3 141.974 18.697 368.323 7.695 176.921 -0.825
2017.4 144.213 19.096 374.185 7.808 179.196 -0.825
2018.1 146.424 19.550 380.011 7.923 181.450 -0.825
2018.2 148.617 20.053 385.824 8.039 183.686 -0.825
2018.3 150.802 20.603 391.660 8.157 185.911 -0.825
2018.4 152.998 21.195 397.588 8.277 188.133 -0.825
2019.1 155.217 21.839 403.533 8.398 190.348 -0.825
2019.2 157.467 22.523 409.518 8.522 192.562 -0.825
2019.3 159.758 23.239 415.585 8.647 194.782 -0.825
2019.4 162.106 23.982 421.816 8.774 197.020 -0.825
2020.1 164.521 24.758 428.116 8.902 199.270 -0.825
2020.2 167.007 25.554 434.520 9.033 201.541 -0.825
2020.3 169.571 26.361 441.075 9.165 203.838 -0.825
2020.4 172.227 27.177 447.882 9.300 206.174 -0.825
PRINTVAR FIXEDF LEVELS PUS TRSH UB INTS SUBS ISZ;
PUS TRSH UB INTS SUBS ISZ
Level Level Level Level Level Level
2009.1 442.525 78.925 25.275 6.425 3.425 88.250
2009.2 444.925 75.000 31.975 6.625 2.950 88.775
2009.3 444.325 73.225 36.200 7.375 2.775 87.425
2009.4 443.025 70.950 37.175 7.550 2.725 84.850
2010.1 443.150 72.125 38.200 7.925 2.900 82.375
2010.2 445.025 76.850 34.350 8.375 3.175 84.575
2010.3 445.300 81.250 33.950 9.225 3.175 85.575
2010.4 446.500 91.575 32.175 9.825 3.150 83.975
2011.1 448.600 92.450 29.375 9.975 3.450 80.675
2011.2 450.375 96.100 27.200 10.625 3.425 79.650
2011.3 450.275 90.650 25.900 11.375 3.450 81.150
2011.4 456.269 92.974 25.019 11.542 3.501 82.250
2012.1 462.452 95.511 24.299 11.711 3.552 83.499
2012.2 468.820 98.119 23.645 11.883 3.604 84.768
2012.3 475.396 100.819 22.948 12.057 3.657 86.075
2012.4 482.208 103.633 22.156 12.234 3.711 87.435
2013.1 489.261 106.573 21.306 12.414 3.765 88.856
2013.2 496.562 109.628 20.396 12.596 3.820 90.327
2013.3 504.117 112.816 19.437 12.781 3.876 91.858
2013.4 511.920 116.139 18.470 12.968 3.933 93.450
2014.1 519.952 119.594 17.542 13.159 3.991 95.097
2014.2 528.182 123.181 16.700 13.352 4.050 96.794
2014.3 536.575 126.894 15.977 13.548 4.109 98.538
2014.4 545.094 130.730 15.391 13.747 4.169 100.321
2015.1 553.700 134.681 14.950 13.948 4.230 102.135
2015.2 562.358 138.739 14.655 14.153 4.293 103.973
2015.3 571.035 142.900 14.501 14.361 4.356 105.829
2015.4 579.705 147.159 14.478 14.571 4.419 107.700
2016.1 588.345 151.508 14.577 14.785 4.484 109.576
2016.2 596.935 155.942 14.787 15.002 4.550 111.454
2016.3 605.462 160.458 15.096 15.222 4.617 113.331
2016.4 613.918 165.058 15.492 15.446 4.685 115.206
2017.1 622.299 169.734 15.959 15.672 4.753 117.075
2017.2 630.603 174.488 16.488 15.902 4.823 118.936
2017.3 638.834 179.323 17.065 16.136 4.894 120.792
2017.4 647.001 184.243 17.674 16.372 4.966 122.644
2018.1 655.112 189.245 18.301 16.613 5.039 124.489
2018.2 663.180 194.335 18.936 16.856 5.113 126.332
2018.3 671.219 199.519 19.566 17.104 5.188 128.174
2018.4 679.246 204.809 20.176 17.355 5.264 130.022
2019.1 687.279 210.203 20.755 17.609 5.341 131.875
2019.2 695.334 215.709 21.298 17.868 5.419 133.734
2019.3 703.429 221.337 21.800 18.130 5.499 135.607
2019.4 711.584 227.101 22.249 18.396 5.579 137.499
2020.1 719.814 233.001 22.643 18.666 5.661 139.410
2020.2 728.136 239.047 22.982 18.940 5.744 141.342
2020.3 736.564 245.252 23.267 19.218 5.829 143.303
2020.4 745.115 251.633 23.491 19.500 5.914 145.299
@
@ Financial Saving of the Six Sectors
@
PRINTVAR FIXEDF LEVELS SH SF SB SR SG SS;
SH SF SB SR SG SS
Level Level Level Level Level Level
2009.1 121.025 81.468 5.666 95.708 -263.540 -57.077
2009.2 141.720 107.182 36.934 84.520 -348.364 -45.792
2009.3 114.472 109.756 50.353 97.803 -358.585 -41.045
2009.4 106.502 103.537 54.029 99.954 -352.051 -31.502
2010.1 125.302 101.497 27.678 120.588 -346.683 -27.790
2010.2 133.737 101.363 26.165 120.693 -356.548 -24.979
2010.3 137.075 92.175 22.635 122.295 -356.311 -17.242
2010.4 137.623 91.915 36.894 116.343 -366.244 -23.873
2011.1 130.729 94.046 26.882 123.538 -334.851 -28.442
2011.2 131.849 105.714 23.251 123.352 -350.718 -21.407
2011.3 103.653 122.507 21.253 115.577 -321.765 -29.184
2011.4 106.534 108.476 12.875 100.855 -306.975 -22.873
2012.1 107.175 98.722 13.156 88.068 -283.343 -24.887
2012.2 125.597 95.409 13.426 76.408 -285.588 -26.361
2012.3 137.578 94.837 13.695 66.039 -286.137 -27.121
2012.4 145.115 93.164 13.973 57.993 -284.097 -27.258
2013.1 147.246 89.017 14.263 52.830 -277.364 -27.101
2013.2 149.915 88.560 14.558 49.877 -277.471 -26.548
2013.3 150.870 87.282 14.865 49.389 -277.845 -25.670
2013.4 150.434 85.355 15.186 51.433 -278.923 -24.594
2014.1 148.886 83.068 15.518 55.941 -281.041 -23.481
2014.2 146.497 80.644 15.863 62.683 -284.355 -22.440
2014.3 143.451 78.299 16.220 71.332 -288.870 -21.540
2014.4 139.930 76.153 16.590 81.552 -294.522 -20.813
2015.1 135.989 74.458 16.971 92.932 -301.147 -20.313
2015.2 131.730 73.365 17.362 105.123 -308.633 -20.056
2015.3 126.899 72.907 17.762 117.230 -315.835 -20.073
2015.4 121.913 73.217 18.172 129.477 -323.576 -20.312
2016.1 116.710 74.540 18.587 141.495 -331.643 -20.799
2016.2 111.321 77.007 19.008 153.007 -339.924 -21.527
2016.3 105.753 80.711 19.432 163.762 -348.295 -22.472
2016.4 99.993 85.676 19.862 173.566 -356.628 -23.577
2017.1 94.036 92.005 20.293 182.158 -364.732 -24.867
2017.2 87.904 99.713 20.725 189.408 -372.544 -26.315
2017.3 81.563 108.802 21.160 195.213 -379.969 -27.879
2017.4 74.965 119.186 21.597 199.542 -386.907 -29.491
2018.1 68.133 130.826 22.034 202.301 -393.220 -31.183
2018.2 61.083 143.640 22.472 203.537 -398.913 -32.927
2018.3 53.806 157.495 22.911 203.334 -403.975 -34.680
2018.4 46.239 172.185 23.354 201.851 -408.378 -36.360
2019.1 38.438 187.597 23.798 199.123 -412.035 -38.030
2019.2 30.403 203.636 24.243 195.329 -415.040 -39.682
2019.3 22.127 220.146 24.692 190.672 -417.464 -41.283
2019.4 13.534 236.890 25.148 185.414 -419.348 -42.748
2020.1 4.782 253.690 25.608 179.638 -420.653 -44.173
2020.2 -4.160 270.491 26.073 173.581 -421.541 -45.553
2020.3 -13.343 287.179 26.545 167.471 -422.107 -46.854
2020.4 -22.929 303.568 27.029 161.597 -422.396 -47.978
|