The Gross Domestic Product (GDP) in Laos expanded 6.50 percent in 2018 from the previous year. GDP Annual Growth Rate in Laos averaged 6.94 percent from 1989 until 2018, reaching an all time high of 9.90 percent in 1989 and a record low of 4 percent in 1991. Laos is one of the poorest countries in the world. Still a communist state, in recent years Laos opened its economy to private initiative and foreign direct investments. As a result, Laos started to exploit its hydropower, precious metals and wood resources. The country is heavily dependent on agriculture (33 percent of GDP) as it employs around 80 percent of the population. Tourism (11 percent of GDP) is the second largest earner of foreign currency and is growing rapidly. In spite of the recent developments, the government relies extensively on foreign aid to fund its budget and infrastructure development. This page provides - Laos GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Republic of the Congo expanded 2.20 percent in 2019 from the previous year. GDP Annual Growth Rate in Republic of the Congo averaged 4.04 percent from 1961 until 2019, reaching an all time high of 23.60 percent in 1982 and a record low of -8.95 percent in 1977. The Republic of Congo is a poor country with more than half of population living below the poverty line and relying on subsistence agriculture. Republic of Congo economy is heavily dominated by the oil industry, which accounts for 90 percent of exports and is a major source of government revenues. Despite being located in one of the most volatile regions in Africa, Republic of Congo has a democratic system and peace lasting for over a decade. On-going reforms on public sector backed by the IMF are expected to bring economic stability and address the country’s main economic challenges: youth unemployment, outdated infrastructure, bureaucracy, corruption and non-diversified industrial sector. This page provides - Republic of the Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Peru expanded 1.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Peru averaged 3.42 percent from 1980 until 2019, reaching an all time high of 21.05 percent in the fourth quarter of 1986 and a record low of -20.94 percent in the first quarter of 1989. Peru is one of the fastest growing economies in Latin America. The services sector is the most important and accounts for 60 percent of GDP. The biggest segments within services are: wholesale and retail trade (17 percent of total GDP); other services (11 percent); transport and communications (10 percent); services provided to companies (8 percent) and government services (6 percent). Manufacturing creates 16 percent of the wealth and construction and water, gas and electricity distribution 10 percent. The agriculture and fishing sector fuels 9 percent of the GDP and the mining sector accounts for the remaining 5 percent. This page provides - Peru GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Bhutan expanded 3 percent in 2018 from the previous year. GDP Annual Growth Rate in Bhutan averaged 7.86 percent from 1996 until 2018, reaching an all time high of 17.90 percent in 2008 and a record low of 3 percent in 2018. The most important sectors of the Bhutanese economy are hydroelectricity, tourism and agriculture. The government has focused on the development of low volume, high quality tourism, as a way to protect the environment and mitigate the impact of disrupting influences on the domestic culture. Bhutan maintains close fiscal and trading ties with India. Electricity sales to India account for the country's largest share of foreign currency earnings. This page provides - Bhutan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Liberia contracted 0.40 percent in 2019 from the previous year. GDP Annual Growth Rate in Liberia averaged 2.64 percent from 1961 until 2019, reaching an all time high of 106.28 percent in 1997 and a record low of -51.03 percent in 1990. Liberia is one of the poorest countries in the world. Large part of the country lacks basic infrastructure such as electricity and water supply as a result of civil wars and economic mismanagement. Yet, in recent years, Liberia’s economy has been steady expanding as mining and rubber industries have been growing. More importantly, Liberia government’s efforts to fight corruption and eliminate bureaucracy seem to be succeeding as business activity and employment have increased. This page provides - Liberia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Sweden increased 2.50 percent in December of 2019 over the same month in the previous year. Wage Growth in Sweden averaged 3.28 percent from 1992 until 2019, reaching an all time high of 7.10 percent in May of 1996 and a record low of 1.90 percent in April of 2016. This page provides - Sweden Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Sweden expanded 0.50 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Sweden averaged 2.67 percent from 1994 until 2020, reaching an all time high of 7.70 percent in the fourth quarter of 2010 and a record low of -5.40 percent in the first quarter of 2009. Sweden has an economy heavily oriented toward foreign trade with timber, hydro-power, and iron ore constituting its resource base. Engineering sector accounts for about 50 percent of output and exports. On the expenditure side, household consumption is the main component of 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Iceland expanded 4.70 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Iceland averaged 3.55 percent from 1995 until 2019, reaching an all time high of 13.40 percent in the first quarter of 1999 and a record low of -8.70 percent in the fourth quarter of 2009. Iceland's economy depends heavily on the fishing industry, which provides 40 percent of export earnings, more than 12 percent of GDP, and employs nearly 5 percent of the work force. Its economy has been diversifying into manufacturing and service industries in the last decade, particularly within the fields of software production, biotechnology, and tourism. On the expenditure side, household consumption is the main component of GDP and accounts for 53 percent of its total use, followed by government expenditure (24 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 54 percent of GDP while imports account for 47 percent, adding 7 percent of total GDP. This page provides - Iceland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Iceland increased 2.80 percent in March of 2020 over the same month in the previous year. Wage Growth in Iceland averaged 1.95 percent from 1990 until 2020, reaching an all time high of 11.60 percent in March of 2016 and a record low of -9.40 percent in January of 2009. In Iceland, real wage growth refers to the change in the wage index deflated by the CPI. This page provides the latest reported value for - Iceland Real Wage Growth - 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 the Euro Area contracted 3.30 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in the Euro Area averaged 1.63 percent from 1995 until 2020, reaching an all time high of 5 percent in the first quarter of 1995 and a record low of -5.70 percent in the first quarter of 2009. The Euro Area is the second largest economy in the world. Of the 19 member states it includes, the biggest are: Germany (29 percent of total GDP), France (20 percent), Italy (15 percent) and Spain (10 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 54 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (20 percent). Exports of goods and services account for 47 percent of GDP while imports account for 43 percent, adding 4 percent of total GDP. This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Papua New Guinea expanded 0.30 percent in 2018 from the previous year. GDP Annual Growth Rate in Papua New Guinea averaged 3.89 percent from 1995 until 2018, reaching an all time high of 12.50 percent in 2014 and a record low of -6.34 percent in 1997. Papua New Guinea, one of the poorest and most isolated countries in the world, has been growing consistently in recent years. Papua New Guinea is rich in natural resources, such as oil, gold and copper. Natural resource extraction, the most important sector of the economy, accounts for 60 percent of GDP and a large share of government revenues. Agriculture is also important, since it employs up to 85 percent of the population. Revenues from natural resource exploitation have resulted in high government spending and a construction boom. Yet, as the country suffers from endemic corruption and lacks a functioning legal system, inequality has been increasing. This page provides - Papua New Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Zimbabwe contracted 6.50 percent in 2019 from the previous year. GDP Annual Growth Rate in Zimbabwe averaged 2.71 percent from 1961 until 2019, reaching an all time high of 22.57 percent in 1970 and a record low of -17.20 percent in 2003. Zimbabwe’s economy, once one of the strongest in Africa, has one of the lowest GDP per capita in the world. Years of mismanagement and endemic corruption has completely destroyed the country. The main sources of government revenues are exports of nickel, platinum, diamond and tobacco. To make things even worst, in response to political violence and human rights abuse, Zimbabwe has been subjected to numerous sanctions. As a result, the country experienced ten consecutive years of contraction and had one of the worst cases of hyperinflation of all time which resulted in the suspension of the national currency. The current sluggish growth is expected to endure as government fails to address structural obstacles to growth such as limited capital resource and deficient infrastructure. This page provides - Zimbabwe GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Trinidad and Tobago expanded 0.90 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Trinidad and Tobago averaged 2.65 percent from 1991 until 2019, reaching an all time high of 20.60 percent in the second quarter of 2003 and a record low of -11.90 percent in the third quarter of 2016. Trinidad and Tobago is one of the richest countries in the Caribbean. The most important sector of the economy is oil and gas production which accounts for around 40 percent of GDP, but employs only 5 percent of the labour force. Trinidad and Tobago is also a major producer of ammonia and methanol. In recent years, services like finance and tourism have been rapidly expanding as the government is trying to diversify the economy. Yet, corruption, poor infrastructure and drug related crime are the major obstacles to growth in the private sector and tourism. This page provides - Trinidad and Tobago GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Latvia contracted 1.40 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Latvia averaged 4.01 percent from 1996 until 2020, reaching an all time high of 15.10 percent in the first quarter of 2007 and a record low of -15.60 percent in the third quarter of 2009. In Latvia, 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. This page provides - Latvia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The value of loans in Papua New Guinea increased 6.10 percent in November of 2019 over the same month in the previous year. Loan Growth in Papua New Guinea averaged 4.48 percent from 2013 until 2019, reaching an all time high of 17.70 percent in October of 2013 and a record low of -5.10 percent in October of 2017. This page provides - Papua New Guinea Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The value of loans in China increased 12.70 percent in March of 2020 over the same month in the previous year. Loan Growth in China averaged 15.84 percent from 1998 until 2020, reaching an all time high of 34.44 percent in June of 2009 and a record low of 10.60 percent in February of 2002. In China, outstanding loan growth refers to year over year change in total amount of loans in domestic currency provided by the financial institutions. It includes off-balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales. This page provides - China Outstanding Loan Growth - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The value of loans in Spain increased 1.20 percent in January of 2020 over the same month in the previous year. Loan Growth in Spain averaged 7.21 percent from 1995 until 2020, reaching an all time high of 19.70 percent in January of 2007 and a record low of -2.10 percent in February of 2014. In Spain, loan growth refers to year over year change in total amount of loans provided by the financial institutions to all non-financial sectors resident in Spain, including general government, non-financial corporations and households. This page provides - Spain Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The value of loans in Brazil increased 2.90 percent in March of 2020 over the same month in the previous year. Loan Growth in Brazil averaged 1 percent from 2007 until 2020, reaching an all time high of 3.70 percent in September of 2008 and a record low of -1 percent in January of 2017. Loan Growth in Brazil refers to the monthly change in total credit outstanding, including public and private lending. This page provides the latest reported value for - Brazil Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The value of loans in Sweden increased 5.20 percent in March of 2020 over the same month in the previous year. Loan Growth in Sweden averaged 7.67 percent from 1976 until 2020, reaching an all time high of 23.50 percent in December of 1986 and a record low of -3.30 percent in June of 1993. In Sweden, Household Lending Growth refers to the year-on-year change in credit extended to households by domestic MFIs. This page provides the latest reported value for - Sweden Household Lending Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The value of loans In the Euro Area increased 3.40 percent in March of 2020 over the same month in the previous year. Loan Growth in the Euro Area averaged 3.62 percent from 2004 until 2020, reaching an all time high of 9.90 percent in March of 2006 and a record low of -0.40 percent in November of 2013. In the Euro Area, loan growth refers to year over year change in loans to households adjusted for sales and securitisation. This page provides the latest reported value for - Euro Area Private Credit Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The value of loans in Qatar increased 14.26 percent in March of 2020 over the same month in the previous year. Loan Growth in Qatar averaged 15.99 percent from 1983 until 2020, reaching an all time high of 75.60 percent in April of 1992 and a record low of -14.90 percent in July of 1984. This page provides the latest reported value for - Qatar Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The value of loans in Indonesia increased 7.95 percent in March of 2020 over the same month in the previous year. Loan Growth in Indonesia averaged 20.02 percent from 1981 until 2020, reaching an all time high of 90.50 percent in June of 1998 and a record low of -59.90 percent in June of 1999. In Indonesia, loan growth refers to year over year change in total value of outstanding credits of commercial banks. This page provides the latest reported value for - Indonesia Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The value of loans in France increased 7.83 percent in March of 2020 over the same month in the previous year. Loan Growth in France averaged 6.21 percent from 1981 until 2020, reaching an all time high of 15.34 percent in December of 1982 and a record low of -1.68 percent in November of 2009. This page provides - France Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Macau contracted 8.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Macau averaged 8.18 percent from 2002 until 2019, reaching an all time high of 54.30 percent in the second quarter of 2004 and a record low of -24.60 percent in the second quarter of 2015. Macau, a former Portuguese colony, has become a special administrative region of China since 1999. After opening of its borders to Chinese citizens and liberalization of the gaming industry in 2001, it has become the world’s largest casino market. As a result, gaming accounts for 50 percent of GDP, 84 percent of fiscal revenues and around 21 percent of the workforce. Given Macau’s semi-autonomous status inside China, large gaming industry and relaxed tax laws, it has become a base for wealthy investors especially from Mainland China. Attempts to diversify the economy while limiting casino growth have been fairly unsuccessful. This page provides - Macao GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Thailand expanded 1.60 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Thailand averaged 3.68 percent from 1994 until 2019, reaching an all time high of 15.50 percent in the fourth quarter of 2012 and a record low of -12.50 percent in the second quarter of 1998. Thailand is an export oriented emerging economy. As a result, manufacturing is the most important sector and accounts for 34 percent of GDP. Services constitute around 44 percent of GDP. Within services, the most important are wholesale and retail trade (13 percent of GDP); transport, storage and communication (7 percent of GDP); hotels and restaurants (5 percent of GDP) and public administration, defense and social security (4.5 percent of GDP). Agriculture also makes a significant contribution - around 13 percent of GDP. This page provides - Thailand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Turkmenistan expanded 6.20 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Turkmenistan averaged 6.77 percent from 1994 until 2019, reaching an all time high of 16.50 percent in the fourth quarter of 1999 and a record low of -17.30 percent in the fourth quarter of 1994. Turkmenistan, once one of the poorest and least developed former members of the Soviet Union, has been one of the fastest growing economies in recent years. The most important sector of the economy is oil and natural gas extraction, which accounts for more than 60 percent of GDP. Although agriculture accounts for only 10 percent of GDP, it employs 50 percent of the labour force. Turkmenistan is the world's largest producer of cotton per capita. While the government has recently enacted much needed reforms in agriculture and banking, reduced subsidies for fuel and is promoting tourism, it remains mostly authoritarian and in control of the economy. Furthermore, bureaucracy and corruption still hamper foreign direct investments. This page provides - Turkmenistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Bosnia And Herzegovina increased 2.60 percent in December of 2019 over the same month in the previous year. Wage Growth in Bosnia And Herzegovina averaged 4.36 percent from 2006 until 2019, reaching an all time high of 19.20 percent in July of 2008 and a record low of -1.80 percent in January of 2015. This page provides - Bosnia And Herzegovina Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Bosnia and Herzegovina expanded 1.60 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Bosnia and Herzegovina averaged 1.93 percent from 2004 until 2019, reaching an all time high of 6.40 percent in the third quarter of 2011 and a record low of -6.70 percent in the fourth quarter of 2009. Manufacturing and mining are important sectors of Bosnia and Herzegovina's economy and make-up the bulk of exports. Tourism is currently growing and is expected to become vital. On the expenditure side, household consumption is the main component of GDP and accounts for 81 percent of its total use, followed by government expenditure (22 percent) and gross fixed capital formation (18 percent). Exports of goods and services account for 33 percent of GDP while imports account for 55 percent, subtracting 22 percent from the GDP. This page provides the latest reported value for - Bosnia and Herzegovina GDP Annual 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 Finland expanded 0.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Finland averaged 2.19 percent from 1976 until 2019, reaching an all time high of 7.60 percent in the third quarter of 1979 and a record low of -9.10 percent in the first quarter of 2009. The largest sector of the Finnish economy is services at 65 percent, followed by manufacturing and refining at 31 percent. Primary production is at 3 percent. Finland’s main industrial products are paper and board, electronics and metal products. Engineering and high technology industries are the leading branches of manufacturing. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (20 percent). Exports of goods and services account for 38 percent of GDP while imports account for 39 percent, subtracting 1 percent of total GDP. This page provides - Finland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Finland increased 3.40 percent in September of 2019 over the same month in the previous year. Wage Growth in Finland averaged 3.98 percent from 1996 until 2019, reaching an all time high of 8.50 percent in the first quarter of 2001 and a record low of -2.30 percent in the fourth quarter of 2009. In Finland, wage growth refers to year over year changes in wages for the whole economy. This page provides - Finland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Macedonia expanded 3.90 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Macedonia averaged 3.26 percent from 2004 until 2014, reaching an all time high of 8.20 percent in the second quarter of 2005 and a record low of -2.40 percent in the second quarter of 2009. Macedonia has a small, open market economy with one of the lowest GDP per capita in Europe. The main sectors of the Macedonian economy are services (more than 50 percent of GDP) and industry (30 percent of GDP). The textile sector is the main source of foreign trade and accounts for more than 50 percent of total exports. Macedonia also produces iron, steel, wine and vegetables. On the expenditure side, household consumption is the main component of GDP and accounts for 70 percent of its total use, followed by gross fixed capital formation (31 percent) and government expenditure (17 percent). Exports of goods and services account for 48 percent while imports account for 65 percent, subtracting 17 percent of total GDP. This page provides - Macedonia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Malaysia expanded 0.60 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Malaysia averaged 1.20 percent from 2000 until 2019, reaching an all time high of 5.50 percent in the third quarter of 2002 and a record low of -5.90 percent in the first quarter of 2001. Malaysia is a developing economy in Asia which, in recent years, has successfully transformed from an exporter of raw materials into a diversified economy. The largest sector of the economy is services, accounting for around 54 percent of GDP. Manufacturing sector has been growing in recent years and now accounts for 25 percent of GDP and more than 60 percent of total exports. Mining and quarrying constitutes 9 percent of GDP and agriculture 9 percent. This page provides - Malaysia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Thailand expanded 0.20 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Thailand averaged 0.92 percent from 1993 until 2019, reaching an all time high of 9.40 percent in the first quarter of 2012 and a record low of -6.30 percent in the fourth quarter of 2011. Thailand is an export oriented emerging economy. As a result, manufacturing is the most important sector and accounts for 34 percent of GDP. Services constitute around 44 percent of GDP. Within services, the most important are wholesale and retail trade (13 percent of GDP); transport, storage and communication (7 percent of GDP); hotels and restaurants (5 percent of GDP) and public administration, defense and social security (4.5 percent of GDP). Agriculture also makes a significant contribution - around 13 percent of GDP. This page provides - Thailand GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Peru expanded 0.70 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Peru averaged 1.24 percent from 2002 until 2019, reaching an all time high of 3.90 percent in the third quarter of 2007 and a record low of -1.20 percent in the first quarter of 2009. Peru is one of the fastest growing economies in Latin America. From 2002 to 2012, the country has been growing at an average rate of 1.5 percent on a quarter over quarter basis due to a rise in exports of commodities. As a result, the national poverty rate fell from 48.5 percent in 2004 to 27.8 percent in 2011, yet inequality remains high. In order to keep the current pace of growth, Peru needs to diversify the economy, improve the infrastructure and provide more funds for the development of non-coastal areas. Peru is the world's third-largest producer of copper, zinc and silver. This page provides the latest reported value for - Peru 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 Bolivia expanded 3.94 percent in the second quarter of 2019 over the previous quarter. GDP Growth Rate in Bolivia averaged 1.82 percent from 1991 until 2019, reaching an all time high of 17.60 percent in the first quarter of 2004 and a record low of -15.70 percent in the fourth quarter of 2008. Bolivia's economy has been growing steadily in the last few years mostly due to exports of commodities including natural gas, silver, zinc and soy. Bolivia has also the second largest natural gas reserves in South America and holds the world´s largest known reserves of lithium, which are yet to be explored. This page provides - Bolivia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Iceland expanded 4.80 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Iceland averaged 0.89 percent from 1997 until 2019, reaching an all time high of 10 percent in the second quarter of 1998 and a record low of -8.70 percent in the first quarter of 2009. Iceland's economy depends heavily on the fishing industry, which provides 40 percent of export earnings, more than 12 percent of GDP, and employs nearly 5 percent of the work force. Its economy has been diversifying into manufacturing and service industries in the last decade, particularly within the fields of software production, biotechnology, and tourism. On the expenditure side, household consumption is the main component of GDP and accounts for 53 percent of its total use, followed by government expenditure (24 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 54 percent of GDP while imports account for 47 percent, adding 7 percent of total GDP. This page provides - Iceland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Poland expanded 0.30 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Poland averaged 1.02 percent from 1995 until 2019, reaching an all time high of 6.10 percent in the first quarter of 1997 and a record low of -3.10 percent in the fourth quarter of 1996. Poland is the 8th biggest economy in the European Union, yet GDP per capita remains significantly below the EU average. The country's industrial base combines coal, textile, chemical, machinery, iron, and steel sectors and has expanded more recently to include fertilizers, petrochemicals, machine tools, electrical machinery, electronics, cars and shipbuilding. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (18 percent). Exports of goods and services account for 47 percent of GDP while imports account for 46 percent, adding 1 percent of total GDP. . This page provides - Poland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Hungary expanded 1 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Hungary averaged 0.64 percent from 1995 until 2019, reaching an all time high of 2.30 percent in the first quarter of 2002 and a record low of -4.20 percent in the first quarter of 2009. In Hungary, household consumption is the main component of GDP and accounts for 50 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Exports of goods and services account for 89 percent of GDP while imports account for 82 percent, adding 7 percent of total GDP. This page provides - Hungary GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Croatia expanded 0.30 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Croatia averaged 0.45 percent from 2001 until 2019, reaching an all time high of 3.70 percent in the second quarter of 2005 and a record low of -4.60 percent in the first quarter of 2009. The most important sector of Croatian economy is services with tourism accounting for 20 percent of GDP. The industry, although declining in recent years, is led by shipbuilding, food processing, pharmaceuticals and information technology. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 46 percent of GDP while imports account for 44 percent, adding 2 percent of total GDP. This page provides - Croatia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Turkey expanded 1.90 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Turkey averaged 1.10 percent from 1998 until 2019, reaching an all time high of 5.80 percent in the fourth quarter of 2016 and a record low of -5.20 percent in the second quarter of 2001. Turkey is classified as an emerging market economy. The country is one of the world's biggest producers of agricultural products; textiles; motor vehicles, ships and other transportation equipment; construction materials; consumer electronics and home appliances. This page provides the latest reported value for - Turkey 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 Portugal expanded 0.70 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Portugal averaged 0.43 percent from 1988 until 2019, reaching an all time high of 3.30 percent in the fourth quarter of 1990 and a record low of -2.60 percent in the first quarter of 1991. On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by government expenditure (19 percent) and gross fixed capital formation (15 percent). Exports of goods and services account for 40 percent of GDP and imports account for 40 percent. This page provides - Portugal GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Canada expanded 0.10 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Canada averaged 0.78 percent from 1961 until 2019, reaching an all time high of 3.10 percent in the fourth quarter of 1963 and a record low of -2.30 percent in the first quarter of 2009. Canada's economy is diversified and highly developed. Foreign trade is responsible for about 45 percent of the nation's GDP and the United States is by far the largest trade partner. On the expenditure side, household consumption is the main component of GDP and accounts for 58 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (19 percent). Exports of goods and services account for 32 percent of GDP while imports account for 33 percent, subtracting 1 percent of total GDP. Non-profit institutions serving households' final consumption expenditure and investment in inventories account for the remaining 2 percent. This page provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Switzerland expanded 0.30 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Switzerland averaged 0.44 percent from 1980 until 2019, reaching an all time high of 2.40 percent in the fourth quarter of 1999 and a record low of -1.90 percent in the fourth quarter of 2008. On the expenditure side, household consumption is the main component of Swiss GDP and accounts for 54 percent of its total, followed by gross fixed capital formation (24 percent) and government expenditure (11 percent). Foreign trade adds 11 percent to GDP as exports account for 64 percent and imports for 53 percent. This page provides - Switzerland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Slovenia expanded 0.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Slovenia averaged 0.66 percent from 1995 until 2019, reaching an all time high of 4.20 percent in the second quarter of 1999 and a record low of -4.40 percent in the first quarter of 2009. On the expenditure side, household expenditure is the main component of Slovenia's GDP and accounts for 53 percent of its total use, followed by gross fixed capital formation (20 percent) and government consumption (19 percent). Exports of goods and services account for 77 percent of GDP while imports account for 69 percent, adding 8 percent of total GDP. This page provides - Slovenia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Czech Republic expanded 0.30 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Czech Republic averaged 0.58 percent from 1995 until 2019, reaching an all time high of 2.40 percent in the second quarter of 2017 and a record low of -3.50 percent in the first quarter of 2009. In Czech Republic, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by gross fixed capital formation (25 percent) and government expenditure (19 percent). Exports of goods and services account for 84 percent of GDP while imports account for 77 percent, adding 7 percent of total GDP. This page provides the latest reported value for - Czech Republic 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 Cyprus expanded 0.80 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Cyprus averaged 0.62 percent from 1995 until 2019, reaching an all time high of 2.90 percent in the first quarter of 2016 and a record low of -2.30 percent in the second quarter of 2013. Services including tourism, financial services, and real estate are considered as the backbone of the Cyprus economy, accounting for nearly 80 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 70 percent of its total use, followed by government expenditure (16 percent) and gross fixed capital formation (11 percent). Exports of goods and services account for 55 percent of GDP while imports account for 53 percent, adding 2 percent of total GDP. This page provides - Cyprus GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Finland contracted 0.70 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Finland averaged 0.52 percent from 1975 until 2019, reaching an all time high of 5 percent in the third quarter of 1980 and a record low of -6.80 percent in the first quarter of 2009. Although services account for 65 percent of Finnish economy, key sector is manufacturing, mainly wood, metals, engineering, telecommunications, and electronics industries. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (20 percent). Exports of goods and services account for 38 percent of GDP while imports account for 39 percent, subtracting 1 percent of total GDP. . This page provides - Finland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Australia expanded 0.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Australia averaged 0.85 percent from 1959 until 2019, reaching an all time high of 4.40 percent in the first quarter of 1976 and a record low of -2 percent in the second quarter of 1974. Australia's economy is dominated by the service sector (65 percent of total GDP). Yet its economic success in recent years has been based on the mining (13.5 percent of GDP) and agriculture (2 percent of GDP) as the country is a major exporter of commodities. Other sectors include: manufacturing (11 percent) and construction (9.5 percent). This page provides - Australia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Brazil expanded 0.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Brazil averaged 0.57 percent from 1996 until 2019, reaching an all time high of 4 percent in the third quarter of 1996 and a record low of -3.90 percent in the fourth quarter of 2008. Brazil is the tenth largest economy in the world and the biggest in Latin America. The services sector is the most important and accounts for 63 percent to total GDP. The biggest segments within services are: government, defense, education and health (15 percent of total GDP); other services (15 percent); wholesale and retail trade (11 percent); real estate (8 percent); and financial services (7 percent). Also, industry contributes to 18 percent of GDP, with manufacturing (11 percent) and construction (4 percent) accounting for the largest share. The agriculture and livestock sector accounts for 5 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (16 percent). Exports of goods and services account for 13 percent of GDP while imports account for 12 percent, adding 1 percent of total GDP. This page provides - Brazil GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Bulgaria expanded 0.80 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Bulgaria averaged 0.99 percent from 1997 until 2019, reaching an all time high of 13.40 percent in the fourth quarter of 1997 and a record low of -7.70 percent in the first quarter of 1998. Bulgaria is one of the lowest income member states of the European Union to which it belongs since 2007. The main sectors of Bulgarian economy are services (59 percent of total GDP), followed by industry (24 percent) and agriculture (5 percent). 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 (21 percent) and government expenditure (17 percent). Exports of goods and services account for 65 percent of GDP while imports account for 66 percent, subtracting 1 percent of total GDP. This page provides - Bulgaria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.