Samoa: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion for Samoa

International Monetary Fund

No 2007/185, IMF Staff Country Reports from International Monetary Fund

Abstract: Samoa has achieved a major economic transformation over the last decade and a half. This 2007 Article IV Consultation highlights that real per capita GDP in Samoa has increased by more than 3 percent per year on average, and external public debt has fallen below 40 percent of GDP. The external position benefited from the rapid growth of remittances and tourism receipts. Executive Directors have congratulated the authorities on Samoa’s impressive growth performance and economic transformation over the past decade, with Samoa now set to graduate from least developed country status.

Keywords: ISCR; CR; annex; regime; U.S. dollar; basket peg exchange rate regime; less developed country; credit growth; Samoan authorities; headline inflation; IMF staff estimate; Tourism; Imports; Credit; Pacific Islands (search for similar items in EconPapers)
Pages: 46
Date: 2007-06-01
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=21020 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2007/185

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().