row United Arab Emirates Loan Growth By tradingeconomics.com Published On :: Fri, 08 May 2020 17:16:00 GMT The value of loans in the United Arab Emirates increased 5.60 percent in March of 2020 over the same month in the previous year. Loan Growth in the United Arab Emirates averaged 5.22 percent from 2009 until 2020, reaching an all time high of 10.20 percent in November of 2014 and a record low of 1.70 percent in December of 2017. This page provides - United Arab Emirates Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Taiwan GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 08:40:00 GMT The Gross Domestic Product (GDP) in Taiwan expanded 1.54 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Taiwan averaged 7.22 percent from 1962 until 2020, reaching an all time high of 17.26 percent in the third quarter of 1978 and a record low of -7.88 percent in the first quarter of 2009. Taiwan’s economy is export oriented. As such, manufacturing is crucial and accounts for around 31 percent of GDP. Like in most advanced economies, the services sector is the biggest and constitutes nearly 65 percent of GDP. Within services, the most important are wholesale and retail trade (17.3 percent of GDP); real estate (8 percent of GDP); and public administration and defense (6.4 percent of GDP). This page provides - Taiwan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Taiwan GDP Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 08:43:00 GMT The Gross Domestic Product (GDP) in Taiwan contracted 1.51 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Taiwan averaged 1.30 percent from 1981 until 2020, reaching an all time high of 8.42 percent in the fourth quarter of 2009 and a record low of -4.48 percent in the third quarter of 2008. Taiwan's economy, one of the "Four Asian Tigers", is export-oriented and specialized in production of electronics and machinery. Taiwan is one of the world's largest suppliers of computer chips, LCD panels, DRAM computer memory, networking equipment, and consumer electronics. This page provides - Taiwan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Taiwan Loan Growth By tradingeconomics.com Published On :: Sat, 02 May 2020 10:22:00 GMT The value of loans in Taiwan increased 5.79 percent in March of 2020 over the same month in the previous year. Loan Growth in Taiwan averaged 14.02 percent from 1962 until 2020, reaching an all time high of 49.70 percent in June of 1974 and a record low of -3.95 percent in July of 2002. This page provides - Taiwan Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Syria GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 10 Jul 2019 14:47:00 GMT The Gross Domestic Product (GDP) in Syria expanded 1.90 percent in 2017 from the previous year. GDP Annual Growth Rate in Syria averaged 3.31 percent from 1971 until 2017, reaching an all time high of 25 percent in 1972 and a record low of -26.30 percent in 2012. The current civil war has brought Syria’s economy to a standstill as international sanctions have disrupted trade and millions of people have been displaced and are unable to work. Before the war, Syria’s economy was based on oil production, agriculture, industry and tourism. Oil production peaked during the 90s, and in 2010 accounted for 35 percent of government revenue and 25 percent of GDP. Also, due to government efforts to improve irrigation system, Syria had become a net exporter of many agricultural products. In recent years, tourism had also become major source of economic growth. This page provides - Syria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Togo GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 05 Apr 2020 15:02:00 GMT The Gross Domestic Product (GDP) in Togo expanded 5.30 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Togo averaged 4.26 percent from 1961 until 2019, reaching an all time high of 15.46 percent in the fourth quarter of 1965 and a record low of -15.10 percent in the fourth quarter of 1993. Togo is one of the poorest countries in the world. Agriculture is the most important sector of the economy: it employs 70 percent of active population and accounts for over 40 percent of GDP. In recent years, foreign direct investment has increased due to exploration of large reserves of limestone, marble and phosphate. This page provides - Togo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Norway GDP Growth Rate By tradingeconomics.com Published On :: Fri, 24 Apr 2020 09:51:00 GMT The Gross Domestic Product (GDP) in Norway contracted 1.50 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Norway averaged 0.61 percent from 1978 until 2020, reaching an all time high of 4 percent in the fourth quarter of 1994 and a record low of -2.60 percent in the third quarter of 1987. Norway is one of the wealthiest countries in the world. Its wealth was build on the back of natural resources including oil and gas, hydropower and fish and supported by developed shipping industry. Components of the GDP on the expenditure side: household consumption (41 percent), gross fixed capital formation (24 percent) and government expenditure (22 percent). Exports of goods and services account for 38 percent of GDP while imports account for 30 percent, adding 8 percent of total GDP. This page provides - Norway GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Moldova GDP Growth Rate By tradingeconomics.com Published On :: Mon, 16 Mar 2020 12:19:00 GMT The Gross Domestic Product (GDP) in Moldova contracted 1.20 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Moldova averaged 0.76 percent from 1995 until 2019, reaching an all time high of 5.30 percent in the first quarter of 2013 and a record low of -7.84 percent in the first quarter of 2009. Moldova’s economy is dependent on remittances (around 24 percent of GDP) which mostly benefit construction and trade sectors. Historically, the largest industries in Moldova have been manufacturing industry, agriculture and food processing, textile, apparel and footwear while the ICT sector is a rather new and fast growing sector. On the expenditure side, household consumption is the main component of GDP and accounts for 94 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 43 percent while imports account for 81 percent, subtracting 37 percent of total GDP. This page provides the latest reported value for - Moldova GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Moldova GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 16 Mar 2020 12:23:00 GMT The Gross Domestic Product (GDP) in Moldova expanded 0.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Moldova averaged 3.24 percent from 1996 until 2019, reaching an all time high of 12.90 percent in the third quarter of 2013 and a record low of -7.40 percent in the third quarter of 1996. Household consumption is the main component of GDP in Moldova and accounts for 94 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 43 percent while imports account for 81 percent, subtracting 37 percent of total GDP. This page provides - Moldova Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Tanzania GDP Growth Rate By tradingeconomics.com Published On :: Thu, 17 Oct 2019 17:14:00 GMT The Gross Domestic Product (GDP) in Tanzania expanded 1.50 percent in the third quarter of 2010 over the previous quarter. GDP Growth Rate in Tanzania averaged 1.78 percent from 2001 until 2010, reaching an all time high of 12.40 percent in the first quarter of 2006 and a record low of -14 percent in the second quarter of 2006. GDP Growth Rate in Tanzania is reported by the National Bureau of Statistics (NBS) - Tanzania. Tanzania has one of the lowest GDP per capita in the world. The nation has many natural resources including natural gas, gold, diamonds, coal, iron ore, uranium, nickel, chrome, tin, platinum, coltan and niobium. However, the Tanzanian economy depends heavily on agriculture, which provides 85% of exports, and employs 80% of the work force. In addition, in recent years, tourism revenues have been growing as many national parks attract foreign visitors. This page provides - Tanzania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Tanzania GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 23:43:00 GMT The Gross Domestic Product (GDP) in Tanzania expanded 6.80 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Tanzania averaged 6.67 percent from 2002 until 2019, reaching an all time high of 11.90 percent in the first quarter of 2007 and a record low of 2.60 percent in the third quarter of 2009. Services is the biggest sector of Tanzania's economy and accounts for 40 percent of GDP, namely wholesale and retail trade (12 percent); public administration and defense (6 percent) and transport and storage (5 percent). The primary sector accounts for 30 percent of GDP, mainly due to crops production (18 percent). The industrial sector represents 28 percent of total wealth, namely manufacturing (6 percent) and mining and quarrying (5 percent) including natural gas, gold, diamonds, coal, iron ore, uranium, nickel, chrome, tin, platinum, coltan and niobium. This page provides - Tanzania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Sierra Leone GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 23:27:00 GMT The Gross Domestic Product (GDP) in Sierra Leone expanded 5 percent in 2019 from the previous year. GDP Annual Growth Rate in Sierra Leone averaged 2.67 percent from 1961 until 2019, reaching an all time high of 20.70 percent in 2013 and a record low of -20.50 percent in 2015. Sierra Leone is one of the poorest countries in the world. More than 50 percent of government revenue comes from foreign aid and the majority of the population rely on subsistence agriculture. However, Sierra Leone has been steadily growing since the end of a devastating civil war in 2002. Diamond production is an important source of revenue and accounts for 63 percent of total exports. Recent government efforts to develop the industry and fight corruption irradiation seem to be successful and the country is expected to keep current pace of expansion. This page provides - Sierra Leone GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Equatorial Guinea GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 19 Apr 2020 14:30:00 GMT The Gross Domestic Product (GDP) in Equatorial Guinea contracted 4.10 percent in 2019 from the previous year. GDP Annual Growth Rate in Equatorial Guinea averaged 11.12 percent from 1986 until 2019, reaching an all time high of 95.26 percent in 1997 and a record low of -9.10 percent in 2015. Despite its small size, Equatorial Guinea is the third largest oil exporter in sub-Saharan Africa. The country has vast resource of gas and timber but does not manufacture anything. The petroleum sector accounted for 85 percent of GDP and more than 94 percent of exports. Other sectors are construction (7 percent of GDP in 2015), agriculture, forestry and fisheries (2 percent of GDP), and trade (1.6 percent). This page provides - Equatorial Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Slovakia Real Wage Growth By tradingeconomics.com Published On :: Fri, 06 Mar 2020 08:48:00 GMT Wages in Slovakia increased 6.90 percent in December of 2019 over the same month in the previous year. Wage Growth in Slovakia averaged 1.48 percent from 1991 until 2019, reaching an all time high of 14.70 percent in the third quarter of 1992 and a record low of -33.10 percent in the first quarter of 1991. This page provides - Slovakia Real Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Slovakia GDP Growth Rate By tradingeconomics.com Published On :: Fri, 06 Mar 2020 09:49:00 GMT The Gross Domestic Product (GDP) in Slovakia expanded 0.60 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Slovakia averaged 0.96 percent from 1995 until 2019, reaching an all time high of 7.40 percent in the fourth quarter of 1998 and a record low of -9.10 percent in the first quarter of 2009. Slovakia has been one of the fastest growing economies in Europe. Foreign direct investment, especially in the automotive and electronic sectors, fueled much of the growth. On the expenditure side, household consumption is the main component of GDP and accounts for 57 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (19 percent). Exports of goods and services account for 92 percent of GDP while imports account for 88 percent, adding 4 percent of total GDP. This page provides - Slovakia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Slovakia GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 06 Mar 2020 10:01:00 GMT The Gross Domestic Product (GDP) in Slovakia expanded 2 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Slovakia averaged 3.88 percent from 1996 until 2019, reaching an all time high of 13.50 percent in the fourth quarter of 2007 and a record low of -6 percent in the second quarter of 2009. In Slovakia, the most important industries are engineering, chemical, electrotechnical engineering, wood-processing and food industry. On the expenditure side, household consumption is the main component of GDP and accounts for 57 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (19 percent). Exports of goods and services account for 92 percent of GDP while imports account for 88 percent, adding 4 percent of total GDP. This page provides - Slovakia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Kosovo GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 03 Apr 2020 14:10:00 GMT The Gross Domestic Product (GDP) in Kosovo expanded 3.90 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Kosovo averaged 3.75 percent from 2006 until 2019, reaching an all time high of 10.90 percent in the first quarter of 2011 and a record low of -4.50 percent in the first quarter of 2012. The private sector consumption and investments are the most important factors behind economic growth in Kosovo. The country is plagued by a high rate of unemployment, it’s assumed that the shadow economy employs most of the registered unemployed. On the expenditure side, household consumption is the main component of GDP and accounts for 88 percent of its total use, followed by gross capital formation (26 percent) and government expenditure (17 percent). Exports of goods and services account for 20 percent of GDP while imports account for 51 percent, subtracting 31 percent of total GDP. Kosovo is one of the few counties outside the EU that has introduced the Euro as its official currency. This page provides the latest reported value for - Kosovo GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Lebanon GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 13 May 2019 15:28:00 GMT The Gross Domestic Product (GDP) in Lebanon expanded 1 percent in 2018 from the previous year. GDP Annual Growth Rate in Lebanon averaged 4.29 percent from 1971 until 2018, reaching an all time high of 83.28 percent in 1977 and a record low of -56.99 percent in 1976. Lebanon has a services oriented economy, with banking and tourism being the most important sectors. Due to the Israeli occupation and civil wars, the government had to pledge most of its resources towards constant reconstruction efforts, causing a high level of public debt. As a result, Lebanon depends on foreign aid in order to undergo reforms and strengthen the economy. Despite being a relatively free economy, foreign direct investments are hampered by bureaucracy, corruption and high taxes. The civil war in Syria, which started in 2011, has been slowly destabilizing Lebanon, resulting in decreasing foreign direct investments and a significant reduction in tourism. This page provides - Lebanon GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Pakistan GDP Growth Rate By tradingeconomics.com Published On :: Wed, 03 Apr 2019 13:23:00 GMT The Gross Domestic Product (GDP) in Pakistan expanded 5.79 percent in 2018 from the previous year. GDP Growth Rate in Pakistan averaged 4.92 percent from 1952 until 2018, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. Pakistan is one of the poorest and least developed countries in Asia. Pakistan has a growing semi-industrialized economy that relies on manufacturing, agriculture and remittances. Although since 2005 the GDP has been growing an average 5 percent a year, it is not enough to keep up with fast population growth. To make things even worst, political instability, widespread corruption and lack of law enforcement hamper private investment and foreign aid. This page provides - Pakistan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Pakistan GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 30 Mar 2020 16:48:00 GMT The Gross Domestic Product (GDP) in Pakistan expanded 3.29 percent in 2019 from the previous year. GDP Annual Growth Rate in Pakistan averaged 4.89 percent from 1952 until 2019, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. In Pakistan, services are the biggest sector of the economy and account for 53 percent of total GDP. Within services the most important segments are: public administration and defence (18 percent of total GDP); wholesale and retail trade (17 percent) and transportation (10 percent). Industry accounts for 25 percent of GDP. Within industry, the manufacturing segment represents 19 percent of GDP and mining and construction accounts for 5 percent. The remaining 22 percent is contributed by livestock (11 percent) and fishing, forestry and agriculture (11 percent). This page provides - Pakistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Montenegro GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 23 Mar 2020 11:31:00 GMT The Gross Domestic Product (GDP) in Montenegro expanded 3.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Montenegro averaged 2.92 percent from 2001 until 2019, reaching an all time high of 10.70 percent in the fourth quarter of 2007 and a record low of -5.70 percent in the fourth quarter of 2009. Montenegro formally declared its independence in 2006 and it is still in a state of economic transition. The country does not have its own currency and uses Euro as legal tender. Montenegro economy relies heavily on foreign tourism and on exports of refined metals. On the expenditure side, household consumption is the main component of GDP (80 percent), followed by government expenditure (19 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 40 percent of GDP while imports account for 60 percent, subtracting 20 percent of total GDP. This page provides the latest reported value for - Montenegro GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Seychelles GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 23:24:00 GMT The Gross Domestic Product (GDP) in Seychelles expanded 3.80 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Seychelles averaged 4.27 percent from 2000 until 2019, reaching an all time high of 13.90 percent in the first quarter of 2007 and a record low of -7.30 percent in the first quarter of 2009. Seychelles is one of the most developed countries in Africa. The country is known for its upmarket tourism and offshore financial center. In recent years, to make the economy less dependent on tourism, Seychelles promoted the development of farming and fishing industries. This page provides - Seychelles GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Hong Kong GDP Growth Rate By tradingeconomics.com Published On :: Mon, 04 May 2020 08:49:00 GMT The Gross Domestic Product (GDP) in Hong Kong contracted 5.30 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Hong Kong averaged 0.81 percent from 1990 until 2020, reaching an all time high of 6.10 percent in the third quarter of 2003 and a record low of -5.30 percent in the first quarter of 2020. Hong Kong has an export oriented economy and in spite of small size is the 8th largest trading entity in the world with the value of goods and services exchanged four times the size of GDP. In recent years, Hong Kong has become an international hub for business, trade and finance importers willing to access the Chinese market. As such, the largest sector of the economy is services, which accounts for around 93 percent of GDP. This page provides - Hong Kong GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Hong Kong GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 04 May 2020 08:55:00 GMT The Gross Domestic Product (GDP) in Hong Kong contracted 8.90 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Hong Kong averaged 5 percent from 1974 until 2020, reaching an all time high of 20.70 percent in the fourth quarter of 1976 and a record low of -8.90 percent in the first quarter of 2020. In recent years, Hong Kong has become an international hub for business, trade and finance importers willing to access the Chinese market. As such, the largest sector of the economy is services, which accounts for around 93 percent of GDP. Within services, the most important are wholesale and retail trade (25 percent of GDP); public administration and social services (17 percent); finance and insurance (16 percent); real estate and business services (11 percent); ownership of premises (10 percent) and transportation and postal services (6 percent). Information and communications and food and accommodation account for 8 percent. Construction represents 3.5 percent of GDP and electricity, water and gas supply, waste management and manufacturing 3.4 percent. This page provides - Hong Kong GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Bangladesh GDP Growth Rate By tradingeconomics.com Published On :: Mon, 27 Apr 2020 21:37:00 GMT The Gross Domestic Product (GDP) in Bangladesh expanded 7.11 percent in 2016 from the previous year. GDP Growth Rate in Bangladesh averaged 5.69 percent from 1994 until 2016, reaching an all time high of 7.11 percent in 2016 and a record low of 4.08 percent in 1994. Bangladesh is considered as a developing economy. Yet, almost one-third of Bangladesh’s 150m people live in extreme poverty. In the last decade, the country has recorded GDP growth rates above 5 percent due to development of microcredit and garment industry. Although three fifths of Bangladeshis are employed in the agriculture sector, three quarters of exports revenues come from producing ready-made garments. The biggest obstacles to sustainable development in Bangladesh are overpopulation, poor infrastructure, corruption, political instability and a slow implementation of economic reforms. This page provides - Bangladesh GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Bangladesh GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 27 Apr 2020 21:41:00 GMT The Gross Domestic Product (GDP) in Bangladesh expanded 8.20 percent in 2019 from the previous year. GDP Annual Growth Rate in Bangladesh averaged 5.94 percent from 1994 until 2019, reaching an all time high of 8.20 percent in 2019 and a record low of 4.08 percent in 1994. In Bangladesh, services are the biggest sector of the economy and account for 52 percent of total GDP. Within services the most important segments are: wholesale retail and trade; transport, storage and communication and real estate, renting and business activities (7 percent). Industry accounts for almost 34 percent of GDP with manufacturing and construction being the most important. The remaining 14 percent is contributed by agriculture and forestry and fishing. This page provides - Bangladesh GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Panama GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 03 Mar 2020 14:13:00 GMT The Gross Domestic Product (GDP) in Panama expanded 3.30 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Panama averaged 6.65 percent from 2010 until 2019, reaching an all time high of 12.20 percent in the second quarter of 2011 and a record low of 2.70 percent in the third quarter of 2019. Panama is one of the fastest growing economies in the Americas, greatly influenced by the famous canal connecting Atlantic and Pacific Ocean and business-friendly regulations. As a result service sector with insurance, finance, legal industries and flagship registry accounts for 80 percent of GDP. This page provides the latest reported value for - Panama GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Palestine GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 31 Mar 2020 09:25:00 GMT The Gross Domestic Product (GDP) in Palestine contracted 1.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Palestine averaged 3.72 percent from 2001 until 2019, reaching an all time high of 26.03 percent in the third quarter of 2003 and a record low of -21.59 percent in the fourth quarter of 2006. The Palestinian territories (West Bank and Gaza) have been occupied by Israel since the Six-Day war in 1967. As such, Palestinian economy is dependent on Israel as it controls the movement of goods and labour and retains customs revenues. As a result, production capacity and access to natural resources has been significantly reduced and services are by far the most important sector of the economy accounting for nearly 83 percent of GDP. Palestine remains heavily dependent on foreign aid to support the government’s budget and fund infrastructure development. This page provides the latest reported value for - Palestine GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Estonia Wage Growth By tradingeconomics.com Published On :: Tue, 04 Feb 2020 14:59:00 GMT Wages in Estonia increased 8.20 percent in September of 2019 over the same month in the previous year. Wage Growth in Estonia averaged 8.01 percent from 2003 until 2019, reaching an all time high of 21.20 percent in the second quarter of 2007 and a record low of -6.50 percent in the fourth quarter of 2009. This page provides - Estonia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Estonia GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 02 Mar 2020 18:03:00 GMT The Gross Domestic Product (GDP) in Estonia expanded 3.90 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Estonia averaged 4.25 percent from 1996 until 2019, reaching an all time high of 13.20 percent in the fourth quarter of 1997 and a record low of -19.30 percent in the third quarter of 2009. More than 71 percent of the Estonian GDP is derived from the service sectors, 25 percent from industry and 4 percent from agriculture. The most important sectors of the Estonian economy are: real estate, rental and letting, and business services (21 percent of GDP); the processing industry (15 percent), commerce (14 percent); transport, warehousing and communications (10 percent) and construction (7 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by gross fixed capital formation (25 percent, one of the highest among EU countries) and government expenditure (20 percent). Exports of goods and services account for 84 percent of GDP while imports account for 81 percent, adding 3 percent of total GDP. This page provides - Estonia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Estonia GDP Growth Rate By tradingeconomics.com Published On :: Tue, 03 Mar 2020 10:26:00 GMT The Gross Domestic Product (GDP) in Estonia expanded 0.90 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Estonia averaged 1.01 percent from 1995 until 2019, reaching an all time high of 4.80 percent in the first quarter of 2004 and a record low of -9.10 percent in the fourth quarter of 2008. On the expenditure side, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by gross fixed capital formation (25 percent, one of the highest among EU countries) and government expenditure (20 percent). Exports of goods and services account for 84 percent of GDP while imports account for 81 percent, adding 3 percent of total GDP. . This page provides - Estonia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Ethiopia GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 19 Apr 2020 16:07:00 GMT The Gross Domestic Product (GDP) in Ethiopia expanded 9 percent in 2018 from the previous year. GDP Annual Growth Rate in Ethiopia averaged 5.85 percent from 1981 until 2018, reaching an all time high of 13.90 percent in 1986 and a record low of -11.10 percent in 1984. Ethiopia is among the fastest growing non-oil economies in the world as the government reforms undertaken in recent years have succeeded in opening the economy to foreign direct investments and resulted in expansion of commercial agriculture and manufacturing industry. This page provides - Ethiopia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Belgium Wage Growth By tradingeconomics.com Published On :: Mon, 27 Apr 2020 14:57:00 GMT Wages in Belgium increased 3.40 percent in December of 2019 over the same month in the previous year. Wage Growth in Belgium averaged 1.53 percent from 2001 until 2019, reaching an all time high of 6.80 percent in the second quarter of 2001 and a record low of -6.50 percent in the third quarter of 2009. This page provides - Belgium Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Belgium GDP Growth Rate By tradingeconomics.com Published On :: Wed, 29 Apr 2020 09:44:00 GMT The Gross Domestic Product (GDP) in Belgium contracted 3.90 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Belgium averaged 0.53 percent from 1980 until 2020, reaching an all time high of 15.80 percent in the first quarter of 1995 and a record low of -3.90 percent in the first quarter of 2020. In Belgium, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 84 percent of GDP while imports account for 83 percent, adding 1 percent of total GDP. This page provides - Belgium GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Belgium GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 29 Apr 2020 09:45:00 GMT The Gross Domestic Product (GDP) in Belgium contracted 2.80 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Belgium averaged 2.24 percent from 1981 until 2020, reaching an all time high of 19.40 percent in the first quarter of 1995 and a record low of -3.60 percent in the first quarter of 2009. In Belgium, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 84 percent of GDP while imports account for 83 percent, adding 1 percent of total GDP. This page provides - Belgium GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Suriname GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 06 May 2020 15:56:00 GMT The Gross Domestic Product (GDP) in Suriname expanded 2.10 percent in 2019 from the previous year. GDP Annual Growth Rate in Suriname averaged 1.44 percent from 1977 until 2019, reaching an all time high of 10.80 percent in 1988 and a record low of -8.80 percent in 1987. Suriname is the smallest country in the South America. Suriname is a large producer of bauxite (the country has one of the world’s biggest reserves), gold and oil. As such, the economy is highly dependent on mining and drilling industry which accounts for 85 percent of total exports and 25 percent of government revenues. In recent years, the government has undertaken series of reforms aiming at increasing fiscal revenues and improving the infrastructure. As a result, the country is expected to keep the current pace of expansion. This page provides the latest reported value for - Suriname GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Oman GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 09 Dec 2019 10:40:00 GMT The Gross Domestic Product (GDP) in Oman expanded 2.20 percent in 2018 from the previous year. GDP Annual Growth Rate in Oman averaged 4.96 percent from 2000 until 2018, reaching an all time high of 13.10 percent in 2008 and a record low of -0.90 percent in 2017. Oman's economy relies heavily on oil production. The petroleum sector accounts for around 87 percent of budget revenues, 51 percent of GDP and 60 percent of total exports. However, as oil reserved have been shrinking in recent years the government has embarked on a process of economic diversification focused on development of tourism and gas based industries. This page provides the latest reported value for - Oman GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Oman Credit Growth at Conventional Banks By tradingeconomics.com Published On :: Fri, 08 May 2020 10:03:00 GMT The value of loans in Oman increased 1.35 percent in February of 2020 over the same month in the previous year. Loan Growth in Oman averaged 13.77 percent from 2005 until 2020, reaching an all time high of 55.17 percent in July of 2008 and a record low of 1.35 percent in February of 2020. This page provides - Oman Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row European Union Wage Growth By tradingeconomics.com Published On :: Tue, 17 Mar 2020 10:08:00 GMT Wages in European Union increased 2.80 percent in December of 2019 over the same month in the previous year. Wage Growth in European Union averaged 2.05 percent from 2009 until 2019, reaching an all time high of 3.60 percent in the second quarter of 2009 and a record low of 0.90 percent in the third quarter of 2010. This page provides - European Union Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row European Union GDP Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 18:42:00 GMT The Gross Domestic Product (GDP) in European Union contracted 3.50 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in European Union averaged 0.40 percent from 1995 until 2020, reaching an all time high of 1.30 percent in the third quarter of 1999 and a record low of -3.50 percent in the first quarter of 2020. Since July 1, 2013, with the addition of Croatia, the EU has 28 Member States. Among them, the biggest economies are Germany (21 percent of total GDP); the United Kingdom (15 percent); France (15 percent); Italy (11 percent); and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (20 percent). Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP. This page provides the latest reported value for - European Union GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row European Union GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 18:42:00 GMT The Gross Domestic Product (GDP) in European Union contracted 2.70 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in European Union averaged 1.73 percent from 1996 until 2020, reaching an all time high of 4.60 percent in the second quarter of 2000 and a record low of -5.50 percent in the first quarter of 2009. Among EU Member States, the biggest economies are Germany (21 percent of total GDP); the United Kingdom (15 percent); France (15 percent); Italy (11 percent); and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (20 percent). Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP. This page provides the latest reported value for - European Union GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Turkey Overnight Borrowing Rate By tradingeconomics.com Published On :: Sat, 25 Apr 2020 10:17:00 GMT Deposit Interest Rate in Turkey remained unchanged at 7.25 percent in April from 7.25 percent in April of 2020. Deposit Interest Rate in Turkey averaged 39.75 percent from 1990 until 2020, reaching an all time high of 398.10 percent in April of 1994 and a record low of 1.50 percent in December of 2010. In Turkey, the Overnight Borrowing Rate refers to the rate under which banks lend or deposit money to the Central Bank. This page includes a chart with historical data for Deposit Interest Rate in Turkey. Full Article
row Colombia GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 14 Feb 2020 17:10:00 GMT The Gross Domestic Product (GDP) in Colombia expanded 3.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Colombia averaged 3.87 percent from 2001 until 2019, reaching an all time high of 8 percent in the third quarter of 2011 and a record low of 0.30 percent in the first quarter of 2009. The biggest and the fastest growing sector of Colombian economy is services (53 percent of GDP) including: financing, insurance, real estate and business services; community, social and personal services; trade, repairs, restaurants and hotels and transport, warehousing and communication. Manufacturing, mining and quarrying create 20 percent of the wealth. Other sectors include: government (10 percent), agriculture, hunting, forestry and fishing (6.3 percent); construction (6 percent) and electricity, gas and water distribution (4 percent). This page provides - Colombia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Colombia GDP Growth Rate By tradingeconomics.com Published On :: Fri, 14 Feb 2020 17:16:00 GMT The Gross Domestic Product (GDP) in Colombia expanded 0.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Colombia averaged 0.96 percent from 2001 until 2019, reaching an all time high of 3.50 percent in the second quarter of 2002 and a record low of -1.70 percent in the fourth quarter of 2008. Colombia is the fourth biggest economy in Latin America. In recent years, the country has been growing rapidly, mostly due to a rise in exports of commodities such as oil, coal and coffee. The biggest and the fastest growing sector of Colombian economy is services (53 percent of GDP) including: financing, insurance, real estate and business services; community, social and personal services; trade, repairs, restaurants and hotels and transport, warehousing and communication. Manufacturing, mining and quarrying create 20 percent of the wealth. Other sectors include: government (10 percent), agriculture, hunting, forestry and fishing (6.3 percent); construction (6 percent) and electricity, gas and water distribution (4 percent). This page provides - Colombia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Kyrgyzstan GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 03 Mar 2020 10:25:00 GMT The Gross Domestic Product (GDP) in Kyrgyzstan expanded 4.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Kyrgyzstan averaged 3.46 percent from 1994 until 2019, reaching an all time high of 16.40 percent in the first quarter of 2010 and a record low of -20.08 percent in the fourth quarter of 1994. The biggest sector of Kyrgyzstan´s economy is services. Trade and repairs of motor vehicles; transport and communications; hotels and restaurants; financing and real estate; health care and education and government services account for 56 percent of the GDP. Agriculture contributes 18 percent of the wealth and manufacturing and mining 18 percent. Construction and generation and distribution of electricity, gas and water account for the remaining 8 percent of the output. This page provides - Kyrgyzstan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Swaziland GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 19 Apr 2020 15:27:00 GMT The Gross Domestic Product (GDP) in Swaziland expanded 1.40 percent in 2019 from the previous year. GDP Annual Growth Rate in Swaziland averaged 4.88 percent from 1971 until 2019, reaching an all time high of 21.02 percent in 1990 and a record low of -2.12 percent in 1976. Swaziland is one of the poorest countries in Africa. Over 70 percent of population rely on subsistence agriculture and as a result of food shortages and high prevalence of HIV rate the country has very low life expectancy rate. Landlocked between South Africa and Mozambique, Swaziland is ruled by one of the world’s last absolute monarchies. The economy is highly dependent on workers remittances and customs duties from the Southern African Customs Union. Swaziland’s sluggish growth is expected to endure as government fails to address major economic challenges such as bureaucracy, low literacy rate and youth unemployment. This page provides the latest reported value for - Swaziland GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Egypt GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 22 Apr 2020 13:19:00 GMT The Gross Domestic Product (GDP) in Egypt expanded 4.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Egypt averaged 4.19 percent from 1992 until 2019, reaching an all time high of 7.70 percent in the fourth quarter of 2007 and a record low of -3.80 percent in the first quarter of 2011. Egypt is the third largest economy in the Arab world. Services are the most important sector of the economy and account for around 47.5 percent of total GDP. The most important segments within Services are Wholesale and Retail Trade (10 percent of the output), Government (9 percent), Transportation and Communication (8 percent), Finance, Insurance and Real Estate (8 percent) and Tourism (4 percent). Industry constitutes 30 percent of the output and the largest segments within this sector are: Manufacturing (15.5 percent) and Extraction (13.5 percent). Agriculture accounts for 14.5 percent of output and Electricity, Water, Sanitation and Construction for around 7 percent. This page provides the latest reported value for - Egypt GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Egypt GDP Growth Rate By tradingeconomics.com Published On :: Wed, 22 Apr 2020 13:20:00 GMT The Gross Domestic Product (GDP) in Egypt expanded 4.80 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Egypt averaged 4.19 percent from 1992 until 2019, reaching an all time high of 7.70 percent in the fourth quarter of 2007 and a record low of -3.80 percent in the first quarter of 2011. Egypt has one of the most developed and diversified economies in the Middle East. Until 2010, Egyptian economy was growing an average 5 percent a quarter as a result of several economic reforms attracting foreign investments. During that time, the economy and the living standards for majority of population improved. Yet, living conditions for the average Egyptian still remained poor and large income disparities continued to grow, leading to the public discontent. The 2011 revolution, which brought down President Hosni Mubarak regime, have caused economic slowdown as political and institutional uncertainty and rising insecurity continue to hurt tourism, manufacturing, and construction. This page provides - Egypt GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Kenya GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 28 Apr 2020 14:14:00 GMT The Gross Domestic Product (GDP) in Kenya expanded 5.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Kenya averaged 5.45 percent from 2004 until 2019, reaching an all time high of 11.60 percent in the fourth quarter of 2010 and a record low of 0.20 percent in the fourth quarter of 2008. Kenya is one the most developed countries in East Africa. Agriculture, Forestry and Fishing (including coffee and tea cultivation) is the largest sector of the economy and accounts for about 22 percent. Manufacturing is the second largest sector and represents around 11 percent of the GDP. Other major sectors include: Real Estate (about 8 percent of total GDP), Wholesales and Retail Trade (around 7 percent), Transport and Storage (around 7 percent) , Education (about 7 percent), Financial and Insurance Activity (around 6 percent) and Construction (around 5 percent). This page provides the latest reported value for - Kenya GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Kenya GDP Growth Rate By tradingeconomics.com Published On :: Tue, 28 Apr 2020 16:12:00 GMT The Gross Domestic Product (GDP) in Kenya expanded 1.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Kenya averaged 1.39 percent from 2005 until 2019, reaching an all time high of 3.84 percent in the third quarter of 2010 and a record low of -5.43 percent in the first quarter of 2012. Kenya is one the most developed countries in East Africa. Agriculture, Forestry and Fishing (including coffee and tea cultivation) is the largest sector of the economy and accounts for about 22 percent. Manufacturing is the second largest sector and represents around 11 percent of the GDP. Other major sectors include: Real Estate (about 8 percent of total GDP), Wholesales and Retail Trade (around 7 percent), Transport and Storage (around 7 percent) , Education (about 7 percent), Financial and Insurance Activity (around 6 percent) and Construction (around 5 percent). Remaining part of GDP is mostly allocated to Information and Communication; Public Administration and Defense; Human Health and Social Work Activities; Electricity Supply; Administrative and Support Service Activities. This page provides the latest reported value for - Kenya GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article