The Gross Domestic Product (GDP) in Trinidad And Tobago expanded 2.20 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Trinidad And Tobago averaged 0.59 percent from 1991 until 2019, reaching an all time high of 7.30 percent in the third quarter of 2002 and a record low of -4.60 percent in the first quarter of 2009. This page provides - Trinidad And Tobago Gdp Growth Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in New Zealand expanded 0.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in New Zealand averaged 0.64 percent from 1987 until 2019, reaching an all time high of 2.80 percent in the third quarter of 1999 and a record low of -2.40 percent in the first quarter of 1991. New Zealand has an advanced market economy, highly dependent on international trade. The country is closely link with Australia, which is the biggest importer of “kiwi” products, supplier and investor. New Zealand’s most developed industries are focused on tourism and exports of agricultural products and are the main source of growth. Services are the biggest sector of the economy and account for 75 percent of total GDP including: finance, insurance and business services (30 percent); personal and community services (13 percent), and transport and communication (11 percent). Industry accounts for 17 percent of GDP with manufacturing constituting 13 percent and construction 4 percent. Agriculture, fishing, forestry and mining accounts for the remaining 8 percent. This page provides - New Zealand GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Luxembourg expanded 0.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Luxembourg averaged 0.86 percent from 1995 until 2019, reaching an all time high of 6.70 percent in the fourth quarter of 1995 and a record low of -4.40 percent in the first quarter of 1996. The economy of Luxembourg is dependent on the banking, steel, and industrial sectors and the country has one of the highest GDP per capita in the world. On the expenditure side, external balance of exports and imports is the main component of GDP and accounts for 35 percent of its total use, as exports of goods and services account for 200 percent while imports account for 165 percent. It is followed by household consumption (30 percent of GDP) gross fixed capital formation (18 percent) and government expenditure (17 percent). This page provides - Luxembourg GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Ukraine stagnated 0 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Ukraine averaged 0.13 percent from 2010 until 2019, reaching an all time high of 3.90 percent in the second quarter of 2010 and a record low of -4.70 percent in the third quarter of 2014. Ukraine possesses rich farmlands (wheat, rye, flax, corn, barley, sugar beets, sunflowers and potatoes are the major crops), vast mineral resources (iron, manganese, coal, anthracite, aluminum, mercury, nickel, natural gas, oil, zinc, titanium and bauxite), a well-developed industrial base (steel, tractors, machinery, building materials, chemicals, fertilizers are major products) and highly trained labor. Yet, the economy remains in poor condition due to underdeveloped infrastructure, corruption, bureaucracy and political turmoil. On the production side, services are the biggest sector of the economy and account for nearly 68 percent of total GDP, of which the most important are; domestic trade (14 percent) and accommodation and food service (13 percent). Industry accounts for 22 percent of GDP and is divided by manufacturing (11 percent); and agriculture (10 percent). This page provides - Ukraine GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Rwanda expanded 1 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Rwanda averaged 2.65 percent from 2000 until 2019, reaching an all time high of 13.20 percent in the fourth quarter of 2002 and a record low of -2.20 percent in the first quarter of 2013. Services is the largest sector of the Rwanda's economy and accounts for 53 percent of total GDP. Within services, the most important sub-sectors are: real estate activities (8 percent), wholesale and retail trade (8 percent), cultural, domestic & other services (6 percent), administrative and support service activities and public administration and defence; and compulsory social security (5 percent each). Agriculture, forestry and fishing account for 29 percent of GDP, with food crops contributing 17 percent. The industrial sector constitutes 18 percent of the GDP, with construction (7 percent) and manufacturing (6 percent) accounting for the largest shares. On the expenditure side, household consumption is the main component of GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (28 percent) and government expenditure (16 percent). Exports of goods and services account for 19 percent of GDP while imports account for 39 percent, subtracting 20 percent of total GDP. The major source of foreign trade is coffee, tea, tin cassiterite, wolframite and pyrethrum. This page provides - Rwanda GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Ghana expanded 1.40 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Ghana averaged 1.61 percent from 2006 until 2019, reaching an all time high of 7.40 percent in the first quarter of 2011 and a record low of -2.20 percent in the fourth quarter of 2008. Services is the largest sector of the Ghanaian economy, accounting for 52 percent of the GDP. Within services, the most important sub-sectors are: transport and storage (10 percent); information and communication (9.8 percent); trade, repair of vehicles and household goods (7 percent) and financial and insurance activities; education and public administration & defense and social security (4 percent each). Also, industry accounts for 26 percent of the GDP with mining and quarrying (10 percent); construction (8 percent) and manufacturing (7 percent). Agriculture accounts for 22 percent, mainly crops (17 percent). On the expenditure side, household consumption is the main component of the GDP and accounts for 81 percent of its total use, followed by gross fixed capital formation (11 percent); government expenditure (10 percent) and changes in stocks (2 percent). Exports of goods and services account for 48 percent of GDP while imports for 52 percent, subtracting 4 percent of total GDP. This page provides the latest reported value for - Ghana GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Morocco expanded 1.10 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Morocco averaged 1.77 percent from 1999 until 2019, reaching an all time high of 9.30 percent in the second quarter of 2006 and a record low of -3.80 percent in the first quarter of 2016. Morocco is the sixth largest economy in Africa. The Services sector is the most important and accounts for 54 percent to total GDP. The biggest segments within Services are: wholesale and retail trade (9 percent of total GDP); public administration (9 percent); transport (4 percent); and hotels and restaurants (2 percent). Industry accounts for 23 percent of the GDP and the largest segments within this sector are: manufacturing (15 percent of total GDP); construction (5 percent); electricity and water supply (2 percent); and mining (2 percent). The Agriculture sector accounts for 13 percent of GDP. This page provides the latest reported value for - Morocco GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Namibia contracted 0.86 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Namibia averaged 1.68 percent from 2004 until 2019, reaching an all time high of 29.90 percent in the first quarter of 2013 and a record low of -8.80 percent in the fourth quarter of 2004. Namibia has one of the biggest GDP per capita in Africa. Yet, due to an uneven distribution of income, half of the population lives below the poverty line. The Namibian economy is dependent on the extraction and processing of minerals like diamonds, uranium, lead, zinc, tin, silver, and tungsten. Subsistence agriculture is the main source of income for 50% of Namibians. This page provides - Namibia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Algeria expanded 1.40 percent in 2018 from the previous year. GDP Growth Rate in Algeria averaged 3.39 percent from 2001 until 2018, reaching an all time high of 6.70 percent in 2003 and a record low of 1.30 percent in 2017. Algerian economy is highly dependent on petroleum and natural gas exports. It is estimated that hydrocarbons account for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. Algeria has $150 billion in foreign currency reserves and a large stabilization fund. State dominance over the economy, corruption and bureaucracy continue to hamper further development and diversification of the economy. This page provides - Algeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Mozambique expanded 2 percent in the fourth quarter of 2018 over the previous quarter. GDP Growth Rate in Mozambique averaged 1.48 percent from 2007 until 2018, reaching an all time high of 7.70 percent in the fourth quarter of 2007 and a record low of -3 percent in the second quarter of 2013. The most important sector of Mozambican economy is services and accounts for 49 percent of total GDP, of which wholesale and retail trade, repair of motor vehicles (12 percent); education (8 percent) and transport (7 percent). Industry constitutes 27 percent with mining and quarrying representing 11 percent as the country has large mineral deposits (marble, bentonite, coal, gold, bauxite, granite and gemstones) with aluminum being the most important exported product. Manufacturing accounts for 10 percent and construction for 3 percent. Agriculture, hunting, forestry and fishing creates 24 percent of the wealth with prawns, cotton, cashew nuts, sugar, citrus, copra, coconuts, and timber being the most important crops. On the expenditure side, household consumption is the main component of GDP and accounts for 67 percent of its total use, followed by government expenditure (26 percent) and gross fixed capital formation (25 percent). Exports of goods and services account for 41 percent of GDP while imports account for 73 percent, subtracting 32 percent of total GDP. This page provides the latest reported value for - Mozambique GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Singapore contracted 10.60 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Singapore averaged 6.45 percent from 1975 until 2020, reaching an all time high of 27.20 percent in the second quarter of 2010 and a record low of -10.90 percent in the third quarter of 2010. Since gaining independence in 1963, Singaporean economy has been growing rapidly and as a result the country has now one of the highest GDP per capita in the world. The economy depends heavily on foreign trade; both from port activities and from exports of electronic components and refined oil. The country is a leading foreign direct investment recipient due to its status of one of the freest, most competitive and most business-friendly economies in the world. Singapore is also an important financial center. This page provides - Singapore GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Argentina contracted 1 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Argentina averaged 0.54 percent from 1993 until 2019, reaching an all time high of 5.06 percent in the third quarter of 2004 and a record low of -5.70 percent in the fourth quarter of 2001. Argentina is the third biggest economy in Latin America. Shipments of agricultural products have been the motor of Argentina´s growth in recent years. In addition, Argentina has been diversifying its industrial base and it has been experiencing a record growth in the automobile, textile and power sectors. This page provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in the United Kingdom stagnated 0 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in the United Kingdom averaged 0.60 percent from 1955 until 2019, reaching an all time high of 5 percent in the first quarter of 1973 and a record low of -2.70 percent in the first quarter of 1974. The services sector is the most important and account for 79 percent of United Kingdom's GDP. The biggest segments within services are: government, education and health (19 percent of total GDP); real estate (12 percent); professional, scientific and technical activities and administrative and support services (12 percent); wholesale and retail trade (11 percent); and financial and insurance (8 percent). Industry accounts for 21 percent of the GDP and the largest segments within this sector are: manufacturing (10 percent of total GDP) and construction (6 percent). The Agriculture sector accounts for only 1 percent of GDP. Composition of the GDP on the expenditure side: household consumption (65 percent), government expenditure (20 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 28 percent of GDP while imports account for 30 percent, subtracting 2 percent from GDP. This page provides the latest reported value for - United Kingdom GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Bosnia and Herzegovina contracted 0.10 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Bosnia and Herzegovina averaged 0.38 percent from 2009 until 2019, reaching an all time high of 6 percent in the fourth quarter of 2010 and a record low of -3.80 percent in the fourth quarter of 2009. This page provides the latest reported value for - Bosnia And Herzegovina GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Uruguay contracted 0.60 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Uruguay averaged 0.67 percent from 1997 until 2019, reaching an all time high of 9.60 percent in the second quarter of 1997 and a record low of -5.90 percent in the third quarter of 2002. In the last decade, Uruguay has been one of the fastest growing economies in Latin America. After the 2002 crisis, the country has returned to high growth rates, expanding on average 1.3 percent from 2005 to 2012 on a quarter over quarter basis. Uruguay has an export-oriented agricultural sector. Shipments of meat, vegetables, rice and dairy products account for 52 percent of total exports. Nevertheless, in order to keep the current pace of growth the country needs to diversify its economy and reduce the debt burden. This page provides the latest reported value for - Uruguay GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Botswana expanded 1.70 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Botswana averaged 1.23 percent from 1994 until 2019, reaching an all time high of 13.40 percent in the second quarter of 1997 and a record low of -13.80 percent in the first quarter of 1998. Botswana is considered as a middle-income country having been one of the fastest growing economies in Africa during the last decade. Diamond extraction is the main factor behind high growth rates in recent years. It accounts for more than one-third of GDP; almost all export earnings, and half of the government's revenues. Other key sectors are tourism, financial services, subsistence farming, and cattle raising. This page provides the latest reported value for - Botswana GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Uganda expanded 0.30 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Uganda averaged 1.54 percent from 2008 until 2019, reaching an all time high of 8.10 percent in the third quarter of 2014 and a record low of -3.50 percent in the first quarter of 2015. The services sector is the most important sector of Uganda's economy and accounts for around 51 percent of total GDP. The biggest segments within services are trade & repairs (13 percent); education (8 percent); real estate (5 percent); and finance and insurance (4 percent). Agriculture, forestry & fishing account for 27 percent and the industrial sector represents around 22 percent of the GDP, mostly due to manufacturing (9 percent) and construction (8 percent). This page provides the latest reported value for - Uganda GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Romania expanded 1.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Romania averaged 0.77 percent from 1995 until 2019, reaching an all time high of 6.10 percent in the first quarter of 1996 and a record low of -7.10 percent in the first quarter of 2009. Romania is an upper-middle income economy and has been part of the European Union since 2007. The main industries in Romania are: electric machinery and equipment, textiles and footwear, light machinery and auto assembly, software, mining, timber, construction materials, metallurgy, chemicals, food processing and petroleum refining. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (14 percent). Exports of goods and services account for 41 percent of GDP and imports account for 41 percent. This page provides - Romania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Qatar contracted 1.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Qatar averaged 2.44 percent from 2004 until 2019, reaching an all time high of 14.40 percent in the second quarter of 2008 and a record low of -23.20 percent in the fourth quarter of 2008. Qatar is one of the wealthiest countries in the world in terms of GDP per capita. Qatar's economy is highly dependent on oil and gas extraction which accounts for more than 50% of GDP, 85% of export earnings, and 70% of government revenues. Since proven oil and gas reserves are estimated to sustain current production levels only for the medium run, the government has been making efforts to diversify the economy into a sustainable long-term income model. This includes investments in the petrochemical sector, promotion of a business tourism sector and reforms in its financial sector. This page provides - Qatar GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Russia expanded 0.60 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Russia averaged 0.74 percent from 1995 until 2019, reaching an all time high of 4.10 percent in the first quarter of 1999 and a record low of -5.40 percent in the third quarter of 1998. Russia is the largest country in the world and the eleventh biggest economy. The Russian economy is commodity-driven. Russia is the world’s largest producer of oil (14 percent of world output), natural gas (18 percent) and nickel (12 percent). The energy sector is the most important, it contributes 20-25 percent of GDP, 65 percent of total exports and 30 percent of government budget revenue. This page provides the latest reported value for - Russia GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in South Africa contracted 1.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in South Africa averaged 2.64 percent from 1993 until 2019, reaching an all time high of 7.60 percent in the fourth quarter of 1994 and a record low of -6.10 percent in the first quarter of 2009. South Africa is the most developed country in Africa and was the largest until 2014, when it was overtaken by Nigeria. The largest sector of the economy is services which accounts for around 73 percent of GDP. Within services, the most important are finance, real estate and business services (21.6 percent); government services (17 percent); wholesale, retail and motor trade, catering and accommodation (15 percent); and transport, storage and communication (9.3 percent). Manufacturing accounts for 13.9 percent; mining and quarrying for around 8.3 percent and agriculture for only 2.6 percent. This page provides - South Africa GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Tunisia expanded 0.10 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Tunisia averaged 2.04 percent from 2000 until 2019, reaching an all time high of 5.90 percent in the first quarter of 2007 and a record low of -3.20 percent in the first quarter of 2011. The services sector is the biggest sector of Tunisia's economy, accounting for 64 percent of GDP, namely government services (21 percent), internal trade (10 percent), transport (7 percent) and financial services (25 percent). The industrial sector represents 26 percent of the wealth, including manufacturing (16 percent), construction (4 percent) and oil and natural gas extraction (3 percent). The primary sector accounts for 10 percent of GDP, mainly due to production of olives, wheat, barley, tomatoes, citrus, sugar beets, dates, and almonds. . This page provides - Tunisia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in China contracted 9.80 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in China averaged 1.47 percent from 2010 until 2020, reaching an all time high of 2.60 percent in the first quarter of 2011 and a record low of -9.80 percent in the first quarter of 2020. In China, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Chinese economy during the quarter. As China’s traditional growth engines of manufacturing and construction are slowing down, services have emerged as the new driver. In the last few quarters strength in services and consumption helped to offset weaker manufacturing and exports. . This page provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Angola contracted 1.20 percent in 2018 from the previous year. GDP Growth Rate in Angola averaged 7.98 percent from 2000 until 2018, reaching an all time high of 23.20 percent in 2007 and a record low of -2.60 percent in 2016. Angola is Africa’s second largest oil producer. As such, oil production is the main sector of the economy, accounting for about 47 percent of total GDP, 98 percent of export earnings and 75% of government revenues. Within the non-oil sector, Wholesale and Retail Sales (21 percent of total output) and Agriculture and Fishery (10 percent) are the biggest. Other sectors include: Construction (7.7 percent), Other Sectors (7.2 percent ), Manufacturing (6 percent) and Diamonds (1 percent). This page provides the latest reported value for - Angola GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Israel expanded 1.10 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Israel averaged 0.95 percent from 1980 until 2019, reaching an all time high of 4.30 percent in the second quarter of 1984 and a record low of -1.10 percent in the first quarter of 1986. The main driver of Israeli economy is science and technology sector. As such, despite limited natural resources, its manufacturing and agriculture sectors are highly developed. .The biggest sector of the economy is services, accounting for nearly 80 percent of GDP. Within services, the most important are finance and business (28 percent of GDP); government (17 percent of GDP); housing (12 percent of GDP); trade, accommodation and restaurants (10 percent of GDP); and transport, storage and communications (8 percent of GDP). Manufacturing sector has been losing importance in recent years and now accounts for 14 percent of GDP. This page provides - Israel GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in South Korea expanded 1.20 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in South Korea averaged 1.78 percent from 1960 until 2019, reaching an all time high of 7.80 percent in the fourth quarter of 1970 and a record low of -7 percent in the first quarter of 1998. South Korea has an export oriented economy and is the world's leading producer of displays and memory semiconductors and the second largest producer of ships. Services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP. This page provides - South Korea GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in the United States contracted 4.80 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in the United States averaged 3.18 percent from 1947 until 2020, reaching an all time high of 16.70 percent in the first quarter of 1950 and a record low of -10 percent in the first quarter of 1958. On the expenditure side, personal consumption expenditures accounts for 68 percent of total GDP out of which purchases of goods constitute 23 percent and services 45 percent. Private investment accounts for 16 percent of GDP and government consumption and investment for 18 percent. As the value of goods exported (13.5 percent) is lower than the value of goods imported (16.5 percent), net exports subtracts 3 percent from the total GDP value. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Lithuania contracted 0.20 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Lithuania averaged 1.04 percent from 1995 until 2020, reaching an all time high of 4.80 percent in the first quarter of 2003 and a record low of -13.10 percent in the first quarter of 2009. In 2015, Lithuania became the 19th member of Euro Area. Lithuania’s service sector constitutes the largest share of GDP with information and communication technologies being the fastest growing. Also, in recent years Lithuania has shifted towards a knowledge-based economy: several companies produce sophisticated biotech products like pharmaceutical substances, components for molecular diagnostics and laser equipment. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Exports of goods and services account for 81 percent while imports account for 79 percent, adding 2 percent of total GDP. On a production side, the wholesale and retail trade, transport, accommodation and food service activities sector is the most important and accounts for around 32 percent to total GDP. It follows by industry (23 percent of total GDP); manufacturing (19 percent); public administration, defence, education, human health and social work activities (14 percent); construction (7 percent); real estate activities (6 percent); professional, scientific and technical activities and administrative and support services (6 percent); information and communication (3 percent); agriculture (4 percent); financial and insurance (2 percent); and arts, entertainment and recreation, repair of household goods and other services (2 percent). This page provides - Lithuania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) In the Euro Area contracted 3.80 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in the Euro Area averaged 0.35 percent from 1995 until 2020, reaching an all time high of 1.30 percent in the second quarter of 1997 and a record low of -3.80 percent in the first quarter of 2020. The Euro Area is an economic and monetary union of 19 European countries that adopted the euro as their currency. It is the second largest economy in the world and if it was a country it would be the third most populous with 341 million inhabitants. Germany, France, Italy and Spain are the most important economies accounting respectively for 29 percent, 20 percent, 15 percent and 10 percent of the bloc’s GDP. This page provides - Euro Area GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Latvia contracted 2.90 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Latvia averaged 0.92 percent from 1995 until 2020, reaching an all time high of 6.50 percent in the fourth quarter of 1996 and a record low of -5.70 percent in the second quarter of 2009. Latvia's GDP growth in recent years has been mostly driven by expansion in consumption and credit. The main industries are: synthetic fibers, agricultural machinery, fertilizers, radios, electronics, pharmaceuticals, processed foods, textiles and timber. On the expenditure side, household consumption is the main component of GDP and accounts for 61 percent of its total use, followed by gross fixed capital formation (23 percent) and government expenditure (18 percent). Exports of goods and services account for 59 percent while imports account for 62 percent, subtracting 3 percent of total GDP. Latvia joined the Euro in 2014. This page provides - Latvia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Mexico contracted 1.60 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Mexico averaged 0.56 percent from 1993 until 2020, reaching an all time high of 3.20 percent in the third quarter of 2009 and a record low of -5.70 percent in the first quarter of 1995. In Mexico, services account for 62 percent of total GDP. The biggest segments within services are: wholesale and retail trade (16 percent); real estate (10 percent); transport, warehousing and communications (7 percent) and financial services and insurance (6 percent). Industry constitutes 18 percent of output and the largest segments within this sector are: automobile industry (4 percent of total GDP) and food industry (3.8 percent). The remaining share is divided by: construction, water, gas and electricity distribution (8 percent), mining (5 percent), government (4 percent ) and agriculture, forestry, fishing and hunting (3 percent). This page provides - Mexico GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in France contracted 5.80 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in France averaged 0.75 percent from 1949 until 2020, reaching an all time high of 8 percent in the third quarter of 1968 and a record low of -5.80 percent in the first quarter of 2020. France is the seventh largest economy in the world and the second largest in the Euro Area. The biggest sector of the economy is household consumption (55 percent) followed by government expenditure (24 percent) and gross fixed capital formation (22 percent). Exports of goods and services account for 29 percent of GDP while imports account for 31 percent, subtracting 2 percent from total GDP. This page provides the latest reported value for - France GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Sweden contracted 0.30 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Sweden averaged 0.56 percent from 1981 until 2020, reaching an all time high of 3.50 percent in the first quarter of 2010 and a record low of -3.80 percent in the fourth quarter of 2008. On the expenditure side, household consumption is the main component of Swedish GDP and accounts for 46 percent of its total use, followed by government consumption (26 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 45 percent of GDP while imports account for 41 percent, adding 4 percent of total GDP. This page provides - Sweden GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Indonesia contracted 2.41 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Indonesia averaged 1.31 percent from 2005 until 2020, reaching an all time high of 4.21 percent in the second quarter of 2018 and a record low of -3.57 percent in the fourth quarter of 2008. Indonesian economy is the largest in South East Asia. The country has been growing steady in the last few years mostly due to high domestic consumption and growth in exports of manufactured products and commodities. This page provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Netherlands expanded 0.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Netherlands averaged 0.54 percent from 1988 until 2019, reaching an all time high of 1.70 percent in the first quarter of 1999 and a record low of -3.60 percent in the first quarter of 2009. The Netherlands is the sixth-largest economy in the Euro Zone and important transportation hub in Europe. The Dutch economy depends heavily on foreign trade, with exports accounting for 83 percent of GDP and imports for 72 percent. Household consumption is the main component of GDP (45 percent) followed by government expenditure (26 percent), gross fixed capital formation (18 percent) and net trade (11 percent). This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Germany stagnated 0 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Germany averaged 0.50 percent from 1970 until 2019, reaching an all time high of 4 percent in the second quarter of 1970 and a record low of -4.70 percent in the first quarter of 2009. Germany is the fifth largest economy in the world and the largest within the Euro Area. Germany is the second largest exporter in the world and exports account for more than one-third of national output. As such, the export of high added value products has been the main driver of growth in recent years. Composition of the GDP on the expenditure side: household consumption (55 percent), gross capital formation (20 percent, of which 10 percent in construction, 6 percent in machinery and equipment and 4 percent in other products) and government expenditure (19 percent). Exports of goods and services account for 46 percent of GDP while imports for 39 percent, adding 7 percent to total GDP. This page provides the latest reported value for - Germany GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Belize was last recorded at 7810.20 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Belize, when adjusted by Purchasing Power Parity is equivalent to 44 percent of the world's average. GDP Per Capita Ppp in Belize averaged 7145.46 USD from 1990 until 2018, reaching an all time high of 7998.20 USD in 2006 and a record low of 5115.80 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Belize GDP per Capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize recorded a government debt equivalent to 66.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Belize averaged 61.24 percent from 1993 until 2018, reaching an all time high of 87.10 percent in 2005 and a record low of 31.40 percent in 1995. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Belize Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize recorded a Current Account deficit of 7 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Belize averaged -3.98 percent from 1996 until 2017, reaching an all time high of 17.90 percent in 2003 and a record low of -21.50 percent in 2001. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Belize Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Belize was last recorded at 4309.92 US dollars in 2018. The GDP per Capita in Belize is equivalent to 34 percent of the world's average. GDP per capita in Belize averaged 2790.61 USD from 1960 until 2018, reaching an all time high of 4413.65 USD in 2006 and a record low of 1072.01 USD in 1960. This page provides the latest reported value for - Belize GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in Belize decreased to 649.20 BZD Million in the third quarter of 2019 from 746.60 BZD Million in the second quarter of 2019. GDP Constant Prices in Belize averaged 525.08 BZD Million from 1994 until 2019, reaching an all time high of 753.60 BZD Million in the first quarter of 2019 and a record low of 282.70 BZD Million in the third quarter of 1995. This page provides - Belize Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Belize decreased to 44.10 BZD Million in the third quarter of 2019 from 77 BZD Million in the second quarter of 2019. GDP From Agriculture in Belize averaged 52.85 BZD Million from 1994 until 2019, reaching an all time high of 83.30 BZD Million in the first quarter of 2012 and a record low of 18.70 BZD Million in the third quarter of 1995. This page provides - Belize Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Belize decreased to 15.90 BZD Million in the third quarter of 2019 from 16.70 BZD Million in the second quarter of 2019. GDP From Construction in Belize averaged 17.23 BZD Million from 1994 until 2019, reaching an all time high of 24.40 BZD Million in the second quarter of 2000 and a record low of 9.60 BZD Million in the first quarter of 1994. This page provides - Belize Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Belize decreased to 34.60 BZD Million in the third quarter of 2019 from 53.30 BZD Million in the second quarter of 2019. GDP From Manufacturing in Belize averaged 49.52 BZD Million from 1994 until 2019, reaching an all time high of 106.50 BZD Million in the second quarter of 2009 and a record low of 19.70 BZD Million in the fourth quarter of 1997. This page provides - Belize Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Belize decreased to 73.80 BZD Million in the third quarter of 2019 from 86.60 BZD Million in the second quarter of 2019. GDP From Public Administration in Belize averaged 52.34 BZD Million from 1994 until 2019, reaching an all time high of 86.60 BZD Million in the second quarter of 2019 and a record low of 31.50 BZD Million in the third quarter of 1996. This page provides - Belize Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Belize decreased to 146.90 BZD Million in the third quarter of 2019 from 154.60 BZD Million in the second quarter of 2019. GDP From Services in Belize averaged 86.64 BZD Million from 1994 until 2019, reaching an all time high of 154.60 BZD Million in the second quarter of 2019 and a record low of 33.90 BZD Million in the first quarter of 1994. This page provides - Belize Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Belize decreased to 57.60 BZD Million in the third quarter of 2019 from 65.40 BZD Million in the second quarter of 2019. GDP From Transport in Belize averaged 44.92 BZD Million from 1994 until 2019, reaching an all time high of 67.30 BZD Million in the first quarter of 2019 and a record low of 20.30 BZD Million in the third quarter of 1995. This page provides - Belize Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Belize decreased to 30.30 BZD Million in the third quarter of 2019 from 36.30 BZD Million in the second quarter of 2019. GDP From Utilities in Belize averaged 22.97 BZD Million from 1994 until 2019, reaching an all time high of 47 BZD Million in the third quarter of 2010 and a record low of 2.70 BZD Million in the second quarter of 1994. This page provides - Belize Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Belize contracted 1.30 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Belize averaged 0.96 percent from 1994 until 2019, reaching an all time high of 13.50 percent in the fourth quarter of 2000 and a record low of -10.90 percent in the first quarter of 2001. This page provides the latest reported value for - Belize GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Belize contracted 2.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Belize averaged 3.47 percent from 1995 until 2019, reaching an all time high of 21.10 percent in the fourth quarter of 2000 and a record low of -8 percent in the fourth quarter of 1995. This page provides - Belize Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.