row Lesotho GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 20:56:00 GMT The Gross Domestic Product (GDP) in Lesotho expanded 1.20 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Lesotho averaged 3.80 percent from 1961 until 2019, reaching an all time high of 26.40 percent in the fourth quarter of 1973 and a record low of -13.51 percent in the fourth quarter of 1975. Lesotho is a landlocked country inside South Africa. Lesotho’s economy is dependent on diamonds extraction, exports of water to South Africa and workers remittances from the Southern African Customs Union (SACU). The agricultural sector, which accounts for only 8.6 percent of GDP, is the main source of income for the majority of rural population. Yet, in recent years, increasing foreign direct investments (mainly from China) in textile industry and commerce have created more jobs and strengthen the economy. However, widespread poverty, youth unemployment and high prevalence rate of AIDS remain the main obstacles to growth. This page provides - Lesotho GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row North Korea GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 30 Jul 2019 16:05:00 GMT The Gross Domestic Product (GDP) in North Korea contracted 4.10 percent in 2018 from the previous year. GDP Annual Growth Rate in North Korea averaged -0.61 percent from 1990 until 2018, reaching an all time high of 6.10 percent in 1999 and a record low of -6.50 percent in 1997. In 2015, the services sector accounted for 32.2 percent of total GDP, with government services reaching 23.3 percent. The agricultural sector recorded the second largest share (21.6 percent), followed by manufacturing (20.4 percent); mining (12.2 percent); construction (9 percent) and electricity, gas and water supply (4.5 percent), according to estimates from the central bank of South Korea. This page provides - North Korea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Congo GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 19 Apr 2020 14:08:00 GMT The Gross Domestic Product (GDP) in Congo expanded 4.63 percent in 2019 from the previous year. GDP Annual Growth Rate in Congo averaged 1.14 percent from 1960 until 2019, reaching an all time high of 9.70 percent in 1970 and a record low of -26.10 percent in 1961. Although abundant in natural resources, The Democratic Republic of Congo (DR Congo) has one of the lowest GDP per capita in the world. Decades of civil war and systemic corruption has left 70 percent of population living under poverty line. The growing mining industry, oil production and overseas financial aid are the main sources of revenue for the Congolese government. This page provides - Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Comoros GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 19 Apr 2020 14:04:00 GMT The Gross Domestic Product (GDP) in Comoros expanded 1.50 percent in 2019 from the previous year. GDP Annual Growth Rate in Comoros averaged 2.08 percent from 1981 until 2019, reaching an all time high of 8.53 percent in 1992 and a record low of -5.40 percent in 1991. Comoros is one of the poorest countries in the world where most of population rely on subsistence agriculture and fishing. Comoros economy is highly dependent on foreign aid, remittances and tourism. This page provides - Comoros GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row India GDP Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 16:56:00 GMT The Gross Domestic Product (GDP) in India expanded 1.10 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in India averaged 1.66 percent from 1996 until 2019, reaching an all time high of 5.80 percent in the second quarter of 2009 and a record low of -1.80 percent in the first quarter of 2009. In India, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Indian economy during the quarter. India is the world’s tenth largest economy and the second most populous. The most important and the fastest growing sector of Indian economy are services. Trade, hotels, transport and communication; financing, insurance, real estate and business services and community, social and personal services account for more than 60 percent of GDP. Agriculture, forestry and fishing constitute around 12 percent of the output, but employs more than 50 percent of the labor force. Manufacturing accounts for 15 percent of GDP, construction for another 8 percent and mining, quarrying, electricity, gas and water supply for the remaining 5 percent. This page provides - India GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row India Deposit Growth YoY By tradingeconomics.com Published On :: Fri, 08 May 2020 12:17:00 GMT The value of deposits in India increased 7.9 percent year-on-year in the fortnight ended March 27th 2020. Deposit Growth in India averaged 15.57 percent from 1998 until 2020, reaching an all time high of 29.30 percent in January of 2008 and a record low of 2.70 percent in December of 2017. In India, deposit growth refers to the year-over-year change of the commercial banks deposits. This page provides - India Deposit Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row India Bank Loan Growth By tradingeconomics.com Published On :: Fri, 08 May 2020 12:18:00 GMT The value of loans in India increased 6.70 percent in April of 2020 over the same month in the previous year. Loan Growth in India averaged 11.54 percent from 2012 until 2020, reaching an all time high of 18.70 percent in April of 2012 and a record low of 4.10 percent in March of 2017. In India, bank loan growth refers to the year-over-year change of the overall commercial banks credit to the economy, including food credit, non-food credit and loans, cash credit and overdrafts. This page provides the latest reported value for - India Bank Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
row Serbia GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 02 Mar 2020 12:01:00 GMT The Gross Domestic Product (GDP) in Serbia expanded 6.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Serbia averaged 3.10 percent from 1997 until 2019, reaching an all time high of 21.10 percent in the second quarter of 2000 and a record low of -21.30 percent in the second quarter of 1999. On the expenditure side, household consumption is the main component of Serbia's GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (17 percent) and government expenditure (18 percent). Exports of goods and services account for 44 percent of GDP while imports account for 54 percent, subtracting 10 percent of total GDP. This page provides - Serbia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Serbia GDP Growth Rate By tradingeconomics.com Published On :: Mon, 02 Mar 2020 18:13:00 GMT The Gross Domestic Product (GDP) in Serbia expanded 1.70 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Serbia averaged 0.71 percent from 1996 until 2019, reaching an all time high of 6.90 percent in the fourth quarter of 1997 and a record low of -13.30 percent in the second quarter of 1999. Serbia's economy depends on manufacturing and exports, driven by foreign direct investments. The FDI are concentrated in a variety of industries including metal processing, building, textile, beverage, electronics and financial. On the expenditure side, household consumption is the main component of GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (17 percent) and government expenditure (18 percent). Exports of goods and services account for 44 percent of GDP while imports account for 54 percent, subtracting 10 percent of total GDP. This page provides - Serbia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Serbia Net Wage Growth By tradingeconomics.com Published On :: Tue, 28 Apr 2020 17:20:00 GMT Wages in Serbia increased 10.90 percent in February of 2020 over the same month in the previous year. Wage Growth in Serbia averaged 15.03 percent from 2002 until 2020, reaching an all time high of 94.60 percent in January of 2002 and a record low of -8.80 percent in December of 2017. This page provides - Serbia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Belarus Wage Growth By tradingeconomics.com Published On :: Tue, 14 Jan 2020 15:25:00 GMT Wages in Belarus decreased 1.20 percent in November of 2019 over the same month in the previous year. Wage Growth in Belarus averaged 28.44 percent from 2003 until 2019, reaching an all time high of 115.90 percent in May of 2012 and a record low of -1.20 percent in November of 2019. This page provides - Belarus Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Belarus GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 11 Feb 2020 12:45:00 GMT The Gross Domestic Product (GDP) in Belarus expanded 1.40 percent in the third quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Belarus averaged 1.18 percent from 2011 until 2020, reaching an all time high of 11.05 percent in the second quarter of 2011 and a record low of -4.40 percent in the fourth quarter of 2015. Belarus has a state controlled economy where inefficient, government-run businesses from the Soviet era dominate markets and the state spends billions every year on handouts, tariffs and subsidies. On the production side, services are the biggest sector of the economy and account for 47 percent of total GDP of which trade; repair of motor vehicles account for 9 percent, transport and real estate activities account for 6 percent each and communication for 5 percent. Industry constitutes 27 percent and construction 5 percent. Finally, agriculture adds up 8 percent. This page provides - Belarus GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Paraguay GDP Growth Rate By tradingeconomics.com Published On :: Fri, 27 Mar 2020 17:17:00 GMT The Gross Domestic Product (GDP) in Paraguay expanded 1.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Paraguay averaged 1 percent from 2008 until 2019, reaching an all time high of 10.70 percent in the fourth quarter of 2011 and a record low of -6.40 percent in the third quarter of 2011. The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle 21 percent. Construction and water and gas distribution accounts for the remaining 15 percent of GDP. This page provides - Paraguay GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Paraguay GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 27 Mar 2020 17:27:00 GMT The Gross Domestic Product (GDP) in Paraguay expanded 3.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Paraguay averaged 3.20 percent from 1995 until 2019, reaching an all time high of 13.70 percent in the first quarter of 2010 and a record low of -7.40 percent in the third quarter of 2000. In the last decade, Paraguay has been one of the fastest growing economies in Latin America mostly due to a rise in exports of agricultural commodities. Shipments of soy, cereals and meat account for more than 65 percent of total exports and for almost a quarter of the GDP. The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle 21 percent. Construction and water and gas distribution accounts for the remaining 15 percent of GDP. This page provides - Paraguay GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Bahamas GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 04 Jul 2019 16:16:00 GMT The Gross Domestic Product (GDP) in Bahamas expanded 1.60 percent in 2018 from the previous year. GDP Annual Growth Rate in Bahamas averaged 1.60 percent from 1990 until 2018, reaching an all time high of 7.90 percent in 1997 and a record low of -4.20 percent in 2009. The Bahamas is one of the richest countries in the Caribbean. The most important sector of the economy is tourism, which employs around half of the labour force and accounts for 60 percent of GDP. Due to low taxes, The Bahamas is a major off-shore centre and financial services account for 12 percent of GDP. The shipping industry, one of the largest in the world, is also a valuable source of income. The Bahamas is heavily dependent on the United States, the country’s largest trading partner. This page provides - Bahamas GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Hungary Gross Average Wages Growth By tradingeconomics.com Published On :: Thu, 30 Apr 2020 08:28:00 GMT Wages in Hungary increased 9.10 percent in February of 2020 over the same month in the previous year. Wage Growth in Hungary averaged 8.41 percent from 1999 until 2020, reaching an all time high of 26.19 percent in January of 2005 and a record low of -5.30 percent in January of 2009. Gross wage measures the year over year change in gross monthly average earnings of full-time employees in the national economy. . This page provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row El Salvador GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 02 Apr 2020 16:37:00 GMT The Gross Domestic Product (GDP) in El Salvador expanded 3 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in El Salvador averaged 3.09 percent from 1991 until 2019, reaching an all time high of 8.10 percent in the second quarter of 1995 and a record low of -2.60 percent in the third quarter of 2009. The most important sector of El Salvador economy is services which accounts for 66 percent of total GDP, including internal trade (14 percent); real estate activities (8 percent); public administration (8 percent); finance and insurance (7 percent) and education (5 percent). Industry constitutes 27 percent of total wealth, with the largest shares for manufacturing (18 percent), construction (6 percent) and utilities (3 percent). Also, agriculture, livestock, forestry and fishing sector accounts for 6 percent of GDP. On the expenditure side, household consumption is the main component of GDP (85 percent), followed by gross fixed capital formation and government spending (16 percent each). Exports of goods and services represent 28 percent of GDP while imports account for 45 percent, subtracting 17 percent of total GDP. This page provides the latest reported value for - El Salvador 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 El Salvador GDP Growth Rate By tradingeconomics.com Published On :: Thu, 02 Apr 2020 16:43:00 GMT The Gross Domestic Product (GDP) in El Salvador expanded 0.60 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in El Salvador averaged 0.76 percent from 1990 until 2019, reaching an all time high of 3.50 percent in the second quarter of 2005 and a record low of -3.50 percent in the first quarter of 2007. The most important sector of El Salvador economy is services which accounts for 66 percent of total GDP, including internal trade (14 percent); real estate activities (8 percent); public administration (8 percent); finance and insurance (7 percent) and education (5 percent). Industry constitutes 27 percent of total wealth, with the largest shares for manufacturing (18 percent), construction (6 percent) and utilities (3 percent). Also, agriculture, livestock, forestry and fishing sector accounts for 6 percent of GDP. On the expenditure side, household consumption is the main component of GDP (85 percent), followed by gross fixed capital formation and government spending (16 percent each). Exports of goods and services represent 28 percent of GDP while imports account for 45 percent, subtracting 17 percent of total GDP. This page provides the latest reported value for - El Salvador 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 Benin GDP Annual Growth Rate By tradingeconomics.com Published On :: Sat, 18 Apr 2020 16:39:00 GMT The Gross Domestic Product (GDP) in Benin expanded 7.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Benin averaged 4.28 percent from 1961 until 2019, reaching an all time high of 9.95 percent in the fourth quarter of 1981 and a record low of -4.90 percent in the fourth quarter of 1975. Benin is one of the healthiest African democracies and has an active civil society. Agriculture is the most important sector of the economy. A large part of the population still depends on subsistence agriculture and agriculture products account for over 70 percent of total exports. Recent government investment in infrastructure, agriculture and tourism may result in growth in coming years. This page provides - Benin GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Kuwait GDP Growth Rate By tradingeconomics.com Published On :: Tue, 04 Feb 2020 18:41:00 GMT The Gross Domestic Product (GDP) in Kuwait contracted 0.70 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Kuwait averaged 0.50 percent from 2010 until 2019, reaching an all time high of 13.50 percent in the fourth quarter of 2010 and a record low of -5.10 percent in the third quarter of 2010. Kuwait holds the world´s sixth biggest proven reserves of oil as such oil sector accounts for 40 percent of GDP, 90 percent of total exports and 80 percent of state revenues. The services sector constitutes 30 percent of the output. Within services the largest segments are: community, social and personal services (11 percent of GDP); real estate and financial and business services (9 percent) and wholesale and retail trade and restaurants and hotels (8 percent). Manufacturing contributes for 23 percent of the wealth and construction and electricity, gas and water distribution for the remaining 7 percent. This page provides - Kuwait Gdp Growth Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Kuwait GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 13 Feb 2020 16:22:00 GMT The Gross Domestic Product (GDP) in Kuwait expanded 0.40 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Kuwait averaged 3.11 percent from 1963 until 2019, reaching an all time high of 33.99 percent in the fourth quarter of 1993 and a record low of -20.62 percent in the fourth quarter of 1980. Kuwait holds the world´s sixth biggest proven reserves of oil as such oil sector accounts for 40 percent of GDP, 90 percent of total exports and 80 percent of state revenues. The services sector constitutes 30 percent of the output. Within services the largest segments are: community, social and personal services (11 percent of GDP); real estate and financial and business services (9 percent) and wholesale and retail trade and restaurants and hotels (8 percent). Manufacturing contributes for 23 percent of the wealth and construction and electricity, gas and water distribution for the remaining 7 percent. . This page provides - Kuwait GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Kuwait Loan Growth By tradingeconomics.com Published On :: Mon, 04 May 2020 10:57:00 GMT The value of loans in Kuwait increased 4.35 percent in March of 2020 over the same month in the previous year. Loan Growth in Kuwait averaged 13.92 percent from 1994 until 2020, reaching an all time high of 43.80 percent in December of 1995 and a record low of 0.60 percent in May of 2011. This page provides - Kuwait Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Monaco GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 18 Nov 2019 11:48:00 GMT The Gross Domestic Product (GDP) in Monaco expanded 6.10 percent in 2018 from the previous year. GDP Annual Growth Rate in Monaco averaged 3.67 percent from 2006 until 2018, reaching an all time high of 14.40 percent in 2007 and a record low of -11.30 percent in 2009. Monaco is a small city-state in Western Europe known for its casino, high-value tourism and tax haven status. The most important sector of the economy is services, accounting for over 95 percent of GDP. One third of Monaco’s GDP is produced by two sectors: scientific and technical activities, administrative and support services (17 percent); and financial and insurance activities (17 percent). Real estate sector accounts for 8.4 percent of GDP and has become the third biggest contributor to GDP in recent years. Tourism is also an important source of revenue as Monaco hosts various events, such as the Formula One Grand Prix, and is home to the famous Monte-Carlo Casino. A large part of the labour force commutes to work from outside Monaco every day. This page provides - Monaco GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Bahrain GDP Growth Rate By tradingeconomics.com Published On :: Wed, 01 Apr 2020 08:04:00 GMT The Gross Domestic Product (GDP) in Bahrain contracted 1.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Bahrain averaged 0.79 percent from 2008 until 2019, reaching an all time high of 8.62 percent in the fourth quarter of 2010 and a record low of -6.54 percent in the first quarter of 2011. In Bahrain, the GDP growth rate provides an aggregated measure of changes in value of the goods and services produced by its economy. This page provides the latest reported value for - Bahrain 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 Bahrain GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 01 Apr 2020 09:18:00 GMT The Gross Domestic Product (GDP) in Bahrain contracted 0.44 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Bahrain averaged 3.78 percent from 2000 until 2019, reaching an all time high of 11.43 percent in the fourth quarter of 2010 and a record low of -2.86 percent in the fourth quarter of 2011. In Bahrain, Gross Domestic Product is divided by two industries: Goods Producing and Services Producing. Goods Producing Industry constitutes around 41.8 percent of the GDP and the largest segments within this sector are manufacturing (18.6 percent); mining (14.5 percent) and construction (8.1 percent). Services Producing Industry accounts for 58.2 percent of total GDP and the biggest segments within services are financial services (17.1 percent); transport & communications (7.1 percent); wholesale & retail trade & repairs (4.5 percent) and real estate (3.8 percent). This page provides the latest reported value for - Bahrain 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 Bahrain Loan Growth By tradingeconomics.com Published On :: Thu, 07 May 2020 10:10:00 GMT The value of loans in Bahrain increased 1.70 percent in February of 2020 over the same month in the previous year. Loan Growth in Bahrain averaged 11.12 percent from 1990 until 2020, reaching an all time high of 54.78 percent in July of 2008 and a record low of -11.92 percent in September of 1991. This page provides - Bahrain Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Fiji GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 23:09:00 GMT The Gross Domestic Product (GDP) in Fiji expanded 1 percent in 2019 from the previous year. GDP Annual Growth Rate in Fiji averaged 2.67 percent from 1971 until 2019, reaching an all time high of 12.70 percent in 1973 and a record low of -6.40 percent in 1987. Fiji is one of the most developed island nations in the Pacific region. Still, more than 31 percent of the population lives under poverty and the country is dependent on foreign aid and remittances. Tourism is the most important sector of the economy and accounts for more than 25 percent of GDP. Sugar and textiles exports remain important sources of revenue, but have fallen from prominence as Fiji is unable to compete globally. This page provides - Fiji GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Yemen GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 12 Apr 2019 16:13:00 GMT The Gross Domestic Product (GDP) in Yemen contracted 2.70 percent in 2018 from the previous year. GDP Annual Growth Rate in Yemen averaged 2.54 percent from 1990 until 2018, reaching an all time high of 20.50 percent in 1996 and a record low of -28.10 percent in 2015. Yemen is one of the poorest countries in the world. Its economy depends on foreign aid and remittances from workers in neighbouring golf states. The most important sector of the economy is dwindling oil extraction, it accounts for around 70 percent of government revenue and 25 percent of GDP. Agriculture is also very important as it employs over 50 percent of the population. In recent years, the government has engaged in efforts to diversify the economy from dependency on oil. As a result, there was a surge of investment in the development of infrastructure for natural gas extraction. Yet, the political instability in 2011 has undermined development efforts, resulted in damage of infrastructure, rising unemployment and high inflation. This page provides - Yemen GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Zambia GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 17:26:00 GMT The Gross Domestic Product (GDP) in Zambia expanded 1 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Zambia averaged 3.67 percent from 1961 until 2019, reaching an all time high of 16.70 percent in the fourth quarter of 1965 and a record low of -8.60 percent in the fourth quarter of 1994. Zambia is one of the poorest countries in the world with 60 percent of population living below poverty line. In recent years, Zambia’s economy has been growing rapidly due to expansion of copper mining industry and agriculture diversification. However, widespread poverty, mainly caused by fast population growth and systemic youth unemployment, remains Zambia’s main economic challenge. This page provides - Zambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Tajikistan GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 10 Feb 2020 10:40:00 GMT The Gross Domestic Product (GDP) in Tajikistan expanded 7.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Tajikistan averaged 4.56 percent from 1992 until 2019, reaching an all time high of 11 percent in the fourth quarter of 2003 and a record low of -32.30 percent in the fourth quarter of 1992. Tajikistan is a landlocked ex-soviet republic which due to a prolonged civil war started enacting market reforms later than most Commonwealth of Independent States (CIS) members. Tajikistan’s main problems arise from high levels of human and physical capital underutilization and corruption. A significant portion of Tajikistan citizens work abroad, benefitting the country through remittances. Aluminium production, cotton production and hydropower are the most important industries in Tajikistan. This page provides - Tajikistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Denmark GDP Growth Rate By tradingeconomics.com Published On :: Tue, 31 Mar 2020 07:01:00 GMT The Gross Domestic Product (GDP) in Denmark expanded 0.60 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Denmark averaged 0.42 percent from 1991 until 2019, reaching an all time high of 3 percent in the second quarter of 2006 and a record low of -2.40 percent in the fourth quarter of 2008. In Denmark, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by government expenditure (27 percent, the highest among EU countries) and gross fixed capital formation (19 percent). Exports of goods and services account for 54 percent of GDP while imports account for 48 percent, adding 6 percent of total GDP. This page provides the latest reported value for - Denmark 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 Denmark GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 31 Mar 2020 07:03:00 GMT The Gross Domestic Product (GDP) in Denmark expanded 2.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Denmark averaged 1.73 percent from 1992 until 2019, reaching an all time high of 6.40 percent in the fourth quarter of 1994 and a record low of -6.20 percent in the second quarter of 2009. In Denmark, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by government expenditure (27 percent, the highest among EU countries) and gross fixed capital formation (19 percent). Exports of goods and services account for 54 percent of GDP while imports account for 48 percent, adding 6 percent of total GDP. This page provides - Denmark GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Cayman Islands GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 19:17:00 GMT The Gross Domestic Product (GDP) in Cayman Islands expanded 3.10 percent in the second quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Cayman Islands averaged 1.93 percent from 1992 until 2019, reaching an all time high of 6.50 percent in the fourth quarter of 2005 and a record low of -6.90 percent in the second quarter of 2010. The Cayman Islands is a British overseas territory located in the Caribbean known for being a major tax heaven. International finance is the most important sector of the economy, and accounts for around 55 percent of GDP and 40 percent of government revenue. High-end tourism is also crucial, and accounts for around 30 percent of GDP. This page provides - Cayman Islands GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Ivory Coast GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 19 Apr 2020 14:26:00 GMT The Gross Domestic Product (GDP) in Ivory Coast expanded 7.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Ivory Coast averaged 5.36 percent from 1961 until 2019, reaching an all time high of 17.61 percent in the fourth quarter of 1964 and a record low of -10.96 percent in the fourth quarter of 1980. Côte d’Ivoire is the largest economy in the West African Economic and Monetary Union. After years of political instability and economic decline the country has been steady growing. Agriculture has been the backbone of the economy. Cote d’Ivoire is the largest cocoa producer in the world (30 percent of the world’s production), big exporter of coffee and palm oil. The country also has significant offshore oil and natural gas reserves, which exploration has already boosted government revenues. Moreover, government increasing investment in education and infrastructure resulted in the development of manufacturing industry. This page provides - Ivory Coast GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Chile GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 18 Mar 2020 12:13:00 GMT The Gross Domestic Product (GDP) in Chile contracted 2.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Chile averaged 3.70 percent from 1997 until 2019, reaching an all time high of 9.50 percent in the first quarter of 2011 and a record low of -3.90 percent in the second quarter of 1999. The most important sector of Chilean economy is services. Trade, restaurants and hotels, transport, communications, financial and business services, real estate and personal services account for more than 56 percent of the GDP. Mining constitutes 13 percent of the output with copper representing the biggest part. Manufacturing creates 12 percent of the wealth and construction and water, gas and electricity distribution 11 percent. The government fuels 5 percent of the output and the agriculture and fishing sector accounts for the remaining 3 percent of GDP. This page provides - Chile GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Chile GDP Growth Rate By tradingeconomics.com Published On :: Wed, 18 Mar 2020 12:16:00 GMT The Gross Domestic Product (GDP) in Chile contracted 4.10 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Chile averaged 0.80 percent from 1997 until 2019, reaching an all time high of 4.30 percent in the second quarter of 2010 and a record low of -4.10 percent in the fourth quarter of 2019. Chile has been one of Latin America´s fastest growing economies mostly due to exports of copper. In recent years, the country has been diversifying its industrial base and it has become a success case in the production of salmon and wine. This page provides - Chile GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Spain GDP Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 07:10:00 GMT The Gross Domestic Product (GDP) in Spain contracted 5.20 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Spain averaged 0.48 percent from 1995 until 2020, reaching an all time high of 1.60 percent in the first quarter of 2000 and a record low of -5.20 percent in the first quarter of 2020. Spain is the fourth largest economy in the Euro Zone and the fifth biggest economy in the European Union. The country has a strong and diverse manufacturing industry and is one of the biggest tourist destinations in the world. On the expenditure side, household consumption is the main component of Spain's GDP (58 percent), followed by gross fixed capital formation (21 percent) and government expenditure (18 percent). Within investments, tangible fixed assets account for 18 percent of GDP, including construction (10 percent) and machinery, equipment and weapon system (7 percent); and intellectual property products account for the remaining 3 percent. Exports of goods and services account for 34 percent of GDP while imports account for 31 percent, adding 3 percent of total GDP. This page provides the latest reported value for - Spain 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 Spain GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 07:13:00 GMT The Gross Domestic Product (GDP) in Spain contracted 4.10 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Spain averaged 2.11 percent from 1996 until 2020, reaching an all time high of 5.40 percent in the first quarter of 2000 and a record low of -4.30 percent in the second quarter of 2009. On the expenditure side, household consumption is the main component of Spain's GDP (58 percent), followed by gross fixed capital formation (21 percent) and government expenditure (18 percent). Within investments, tangible fixed assets account for 18 percent of GDP, including construction (10 percent) and machinery, equipment and weapon system (7 percent); and intellectual property products account for the remaining 3 percent. Exports of goods and services account for 34 percent of GDP while imports account for 31 percent, adding 3 percent of total GDP. This page provides the latest reported value for - Spain 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 Spain Wage Growth By tradingeconomics.com Published On :: Tue, 05 May 2020 10:54:00 GMT Wages in Spain decreased 1.97 percent in March of 2020 over the same month in the previous year. Wage Growth in Spain averaged 1.70 percent from 1978 until 2020, reaching an all time high of 9.03 percent in April of 1988 and a record low of -7.18 percent in November of 2012. This page provides - Spain Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Jordan GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 24 Apr 2020 15:02:00 GMT The Gross Domestic Product (GDP) in Jordan expanded 2.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Jordan averaged 4.30 percent from 1993 until 2019, reaching an all time high of 10.60 percent in the first quarter of 2007 and a record low of -1.10 percent in the first quarter of 1996. The Jordanian economy is dominated by tourism, financial services, transportation, manufacturing and remittances from Jordanians working abroad. Jordan's lack of arable land and insufficient supplies of water means that agriculture is mostly a non-relevant sector and that the country invests heavily in water recycling. Jordan’s economy is highly influenced by the state, however, recently, the efforts have been undertaken to reduce barriers to do business. This page provides - Jordan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Japan Total Cash Earnings Growth By tradingeconomics.com Published On :: Thu, 07 May 2020 23:36:00 GMT Wages in Japan increased 0.10 percent in March of 2020 over the same month in the previous year. Wage Growth in Japan averaged 3.20 percent from 1972 until 2020, reaching an all time high of 35.02 percent in July of 1974 and a record low of -7.10 percent in June of 2009. In Japan, wage growth refers to changes in average cash earnings, including contractual and special cash earnings, in companies with five or more employees. This page provides - Japan Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Albania GDP Growth Rate By tradingeconomics.com Published On :: Fri, 27 Mar 2020 11:31:00 GMT The Gross Domestic Product (GDP) in Albania contracted 0.20 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Albania averaged 0.90 percent from 2005 until 2019, reaching an all time high of 6 percent in the second quarter of 2005 and a record low of -2 percent in the first quarter of 2005. Albania’s most important sector is services (60 percent of GDP) with banking, communications and tourism driving the growth. The manufacturing industry accounts for 20 percent of GDP. The remaining 20 percent goes to agriculture which is dominated by small family owned operations and employs almost half of the labour force. Remittances also have a big importance for the economy and account for around 8 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 78 percent of its total use, followed by gross fixed capital formation (26 percent) and government expenditure (11 percent, as collective expenditure accounts for 6 percent and individual expenditure accounts for 5 percent). By contrast, net exports of goods and services contributes negatively accounting for -18 percent of total GDP, as exports accounts for 35 percent while imports accounts for a much higher 53 percent. This page provides - Albania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Albania GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 27 Mar 2020 15:13:00 GMT The Gross Domestic Product (GDP) in Albania contracted 0.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Albania averaged 3.99 percent from 1996 until 2019, reaching an all time high of 13.50 percent in the fourth quarter of 1999 and a record low of -10.84 percent in the fourth quarter of 1997. In Albania, the most important component on the expenditure side of the GDP is household consumption (78 percent) followed by gross fixed capital formation (26 percent) and government expenditure (11 percent). Net exports of goods and services subtracts 18 percent from the GDP as exports accounts for 35 percent and imports for 53 percent. This page provides the latest reported value for - Albania 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 Honduras GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 13 Jan 2020 14:43:00 GMT The Gross Domestic Product (GDP) in Honduras expanded 2.40 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Honduras averaged 3.81 percent from 1990 until 2019, reaching an all time high of 8.30 percent in the fourth quarter of 2006 and a record low of -4.20 percent in the second quarter of 2009. Honduras is one of the poorest countries in Central America with more than 50 percent of its population living under poverty line. The backbone of the economy is agriculture and remittances. Honduras’ economy is also highly dependent on the United States for exports and foreign direct investment (70 percent of total FDI). In recent years efforts have been undertaken to develop the education system and infrastructure. However, corruption and bureaucracy are an obstacle for growth. This page provides - Honduras GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Honduras GDP Growth Rate By tradingeconomics.com Published On :: Mon, 13 Jan 2020 14:47:00 GMT The Gross Domestic Product (GDP) in Honduras expanded 1.40 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Honduras averaged 0.94 percent from 2000 until 2019, reaching an all time high of 3.30 percent in the fourth quarter of 2006 and a record low of -2.40 percent in the first quarter of 2009. This page provides - Honduras Gdp Growth Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Djibouti GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 14 Apr 2020 17:20:00 GMT The Gross Domestic Product (GDP) in Djibouti expanded 6 percent in 2019 from the previous year. GDP Annual Growth Rate in Djibouti averaged 2.82 percent from 1991 until 2019, reaching an all time high of 7 percent in 2017 and a record low of -10.60 percent in 1996. Djibouti is one of the poorest countries in the world with 75 percent of population living below poverty line. Djibouti is located in one of the busiest maritime trade routes and has the status of free trade zone. As a result, Djibouti is highly dependent on tax revenues from in-transit trade flow. Also, since Djibouti has very few natural resources and virtually no industry, it depends on foreign assistance to finance development and current account deficits. This page provides - Djibouti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Guyana GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 06 Jun 2019 11:14:00 GMT The Gross Domestic Product (GDP) in Guyana expanded 2.10 percent in 2017 from the previous year. GDP Annual Growth Rate in Guyana averaged 2.13 percent from 1961 until 2017, reaching an all time high of 11.36 percent in 1964 and a record low of -13.19 percent in 1982. Guyana is one of the poorest countries in Latin America. Guyana’s economy is dependent on agriculture, mining (gold and bauxite), eco-tourism and foreign aid. Recent debt reliefs under the Highly Indebted Poor Countries initiative and the entrance into the Caribbean Single Market and Economy have enabled investment on infrastructure and broadened the export market. As a result, commercial agriculture and industrial production has been expanding. However, systemic trade deficits, high crime rates and skilled labour-force migration continue to hamper economic development. This page provides - Guyana GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Cape Verde GDP Annual Growth Rate By tradingeconomics.com Published On :: Sat, 18 Apr 2020 17:07:00 GMT The Gross Domestic Product (GDP) in Cape Verde expanded 5.70 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Cape Verde averaged 3.89 percent from 1981 until 2019, reaching an all time high of 13.60 percent in the third quarter of 2008 and a record low of -3.40 percent in the first quarter of 2013. The most important sector of Cape Verde’s economy is services and accounts for 72 percent of total GDP, of which public administration (18 percent); real estate and other services (13 percent); wholesale and retail trade (12 percent); transport (11 percent) and hotels and restaurants (7 percent). Industry constitutes 21 percent with construction (9 percent) and manufacturing, mining and quarrying (8 percent). Agriculture and fishing create 7 percent of the wealth. On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by capital formation (36 percent) and government expenditure (17 percent). Exports of goods and services account for 47 percent of GDP while imports account for 67 percent, subtracting 20 percent of total GDP. This page provides the latest reported value for - Cape Verde 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 Cape Verde GDP Growth Rate By tradingeconomics.com Published On :: Sat, 18 Apr 2020 17:10:00 GMT The Gross Domestic Product (GDP) in Cape Verde expanded 4.90 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Cape Verde averaged 1.11 percent from 2007 until 2019, reaching an all time high of 11.10 percent in the fourth quarter of 2007 and a record low of -7.20 percent in the third quarter of 2007. The most important sector of Cape Verde’s economy is services and accounts for 72 percent of total GDP, of which public administration (18 percent); real estate and other services (13 percent); wholesale and retail trade (12 percent); transport (11 percent) and hotels and restaurants (7 percent). Industry constitutes 21 percent with construction (9 percent) and manufacturing, mining and quarrying (8 percent). Agriculture and fishing create 7 percent of the wealth. On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by capital formation (36 percent) and government expenditure (17 percent). Exports of goods and services account for 47 percent of GDP while imports account for 67 percent, subtracting 20 percent of total GDP. This page provides - Cape Verde Gdp Growth Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Haiti GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 14 Jan 2019 17:18:00 GMT The Gross Domestic Product (GDP) in Haiti expanded 1.50 percent in 2018 from the previous year. GDP Annual Growth Rate in Haiti averaged 1.40 percent from 1997 until 2018, reaching an all time high of 5.50 percent in 2011 and a record low of -5.50 percent in 2010. Haiti is one of the poorest and most politically unstable countries in the Caribbean. The devastating earthquake in 2010 caused damages in excess of 150 percent of GDP and destroyed most of the infrastructure. More than 80 percent of the population lives in poverty and the country relies heavily on remittances and foreign aid. The most important sector of the economy is substance agriculture which employs over 40 percent of the labour force. Despite having one the lowest trade tariffs in the Caribbean and a preferential trade agreement with the United States, Haiti failed to boost its trade due to lack of infrastructure and bureaucracy. Furthermore, the lack of a functioning legal system and endemic corruption make foreign investors reluctant to set up companies. This page provides - Haiti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article