row Sudan GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 14 Apr 2020 17:53:00 GMT The Gross Domestic Product (GDP) in Sudan expanded 4.10 percent in 2018 from the previous year. GDP Annual Growth Rate in Sudan averaged 4.24 percent from 2005 until 2018, reaching an all time high of 7.70 percent in 2006 and a record low of 1.40 percent in 2012. Sudan’s economy is based on oil production. Since the ending of the two decade long civil war and the discovery of oil fields, Sudan’s economy has been steady expanding. Yet, much of the population still rely on subsistence agriculture. Following the independence of South Sudan in 2011 and the consequent loss of two thirds of oil reserves economic growth has slowed down. This page provides - Sudan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Chad GDP Annual Growth Rate By tradingeconomics.com Published On :: Sat, 18 Apr 2020 17:24:00 GMT The Gross Domestic Product (GDP) in Chad expanded 2.40 percent in 2019 from the previous year. GDP Annual Growth Rate in Chad averaged 3.08 percent from 1961 until 2019, reaching an all time high of 34.30 percent in 2004 and a record low of -21.44 percent in 1979. Chad is one of the poorest countries in the world with 80 percent of population living under poverty line. Chad’s economy is dependent on oil, gold and uranium production which account for over 95 percent of exports and make up most of government revenue. Decades of military conflict and drought have left the country stripped of infrastructure, manufacturing industry and commercial agriculture. This page provides - Chad GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Nigeria GDP Growth Rate By tradingeconomics.com Published On :: Fri, 08 May 2020 18:01:00 GMT The Gross Domestic Product (GDP) in Nigeria expanded 5.59 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Nigeria averaged 1.43 percent from 2010 until 2019, reaching an all time high of 10.59 percent in the third quarter of 2010 and a record low of -13.97 percent in the first quarter of 2016. Nigeria is one of the most developed countries in Africa. Services is the largest sector of the economy, accounting for about 50 percent of total GDP. One of the fastest growing segments in Services are Information and Communication, which together account for about 10 percent of the total output. Agriculture, which in the past was the biggest sector, now weights around 23 percent. Crude Petroleum and Natural Gas constitute only 11 percent of total GDP, while being the main exports. Industry and Construction account for the remaining 16 percent of GDP. This page provides - Nigeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Nigeria GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 08 May 2020 18:02:00 GMT The Gross Domestic Product (GDP) in Nigeria expanded 2.55 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Nigeria averaged 3.80 percent from 1982 until 2019, reaching an all time high of 19.17 percent in the fourth quarter of 2004 and a record low of -7.81 percent in the fourth quarter of 1983. Nigeria is the biggest economy in Africa. Services is the largest sector of the economy, accounting for about 50 percent of total GDP. One of the fastest growing segments in Services are Information and Communication, which together account for about 10 percent of the total output. Agriculture, which in the past was the biggest sector, now weights around 23 percent. Crude Petroleum and Natural Gas constitute only 11 percent of total GDP, while being the main exports. Industry and Construction account for the remaining 16 percent of GDP. This page provides - Nigeria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Guinea Bissau GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 05 Apr 2020 14:58:00 GMT The Gross Domestic Product (GDP) in Guinea Bissau expanded 5.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Guinea Bissau averaged 3.37 percent from 1971 until 2019, reaching an all time high of 22.80 percent in the first quarter of 2013 and a record low of -28.10 percent in the fourth quarter of 1998. Guinea Bissau is one of the poorest countries in the world. The export of cashew nuts, which account for over 90 percent of total exports, is the backbone of the country’s economy. The major obstacle to the country’s growth is the unstable social environment caused by successive military coups and the traffic of narcotics. After the death of the president in January of 2012, the military seized power and suspended democracy. As a result, the Economic Community of Central Africa threatened sanctions that can hamper the country’s future. This page provides - Guinea Bissau GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Sri Lanka GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 01 Apr 2020 13:41:00 GMT The Gross Domestic Product (GDP) in Sri Lanka expanded 2 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Sri Lanka averaged 5.55 percent from 2003 until 2019, reaching an all time high of 16.12 percent in the first quarter of 2012 and a record low of 0.50 percent in the fourth quarter of 2013. In Sri Lanka, services are the biggest sector of the economy and account for 58 percent of total GDP. Within services the most important segments are: wholesale and retail trade (21 percent); transport and communication (13 percent) and banking, insurance and real estate (11 percent). Industry accounts for 30 percent of total output. Within industry, manufacturing represents 18 percent of GDP and mining and construction account for 10 percent. The remaining 12 percent is contributed by agriculture, livestock, forestry and fishing. This page provides the latest reported value for - Sri Lanka 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 Azerbaijan GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 05 Nov 2019 16:11:00 GMT The Gross Domestic Product (GDP) in Azerbaijan expanded 2.50 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Azerbaijan averaged 8.62 percent from 2001 until 2019, reaching an all time high of 40.40 percent in the first quarter of 2006 and a record low of -3.90 percent in the third quarter of 2016. Azerbaijan economy is based on oil and gas extraction which account for 95 percent of exports and 75 percent of government revenues. . This page provides - Azerbaijan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Mauritius GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 17 Apr 2020 08:42:00 GMT The Gross Domestic Product (GDP) in Mauritius expanded 2.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Mauritius averaged 3.84 percent from 2001 until 2019, reaching an all time high of 9.80 percent in the first quarter of 2003 and a record low of -0.80 percent in the first quarter of 2005. The services sector is the largest sector of the Mauritius' economy and accounts for 76 percent of total GDP. Within services, the most important sub-sectors are: wholesale and retail trade (12 percent), financial and insurance activities (12 percent), accommodation and food services activities (7 percent); transportation and storage (6 percent); real estate (6 percent); and public administration and defense (6 percent). Also, industry contributes 20 percent to the GDP, with manufacturing (13 percent) and construction (4 percent) accounting for the largest shares. The primary sector accounts for 4 percent of GDP. On the expenditure side, household consumption accounts for 80 percent of the GDP while government expenditure for 16 percent. Gross capital formation accounted for 18 percent of GDP. Exports of goods and services for 45 percent while imports for 59 percent, subtracting 14 percent of total GDP. This page provides the latest reported value for - Mauritius 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 Mauritius GDP Growth Rate By tradingeconomics.com Published On :: Mon, 20 Apr 2020 15:38:00 GMT The Gross Domestic Product (GDP) in Mauritius expanded 0.80 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Mauritius averaged 0.91 percent from 2000 until 2019, reaching an all time high of 6.10 percent in the first quarter of 2008 and a record low of -1.70 percent in the first quarter of 2002. The services sector is the largest sector of the Mauritius' economy and accounts for 76 percent of total GDP. Within services, the most important sub-sectors are: wholesale and retail trade (12 percent), financial and insurance activities (12 percent), accommodation and food services activities (7 percent); transportation and storage (6 percent); real estate and public administration and defense (6 percent); and compulsory social security (6 percent). Also, industry contributes 20 percent to the GDP, with manufacturing (13 percent) and construction (4 percent) accounting for the largest shares. The primary sector accounts for 4 percent of GDP. On the expenditure side, household consumption accounts for 80 percent of the GDP while government expenditure for 16 percent. Gross capital formation accounted for 18 percent of GDP. Exports of goods and services for 45 percent while imports for 59 percent, subtracting 14 percent of total GDP. This page provides the latest reported value for - Mauritius 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 Central African Republic GDP Annual Growth Rate By tradingeconomics.com Published On :: Sat, 18 Apr 2020 17:18:00 GMT The Gross Domestic Product (GDP) in Central African Republic expanded 4.50 percent in 2019 from the previous year. GDP Annual Growth Rate in Central African Republic averaged 1.26 percent from 1961 until 2019, reaching an all time high of 9.48 percent in 1984 and a record low of -37 percent in 2013. Central African Republic is one of the poorest countries in the world with over 50 percent of population dependent on subsistence agriculture and farming. Central African Republic’s economy relies on cotton, coffee, gold, diamond and uranium exports and foreign aid. This page provides - Central African Republic GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Sao Tome and Principe GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 23:05:00 GMT The Gross Domestic Product (GDP) in Sao Tome and Principe expanded 4 percent in 2019 from the previous year. GDP Annual Growth Rate in Sao Tome and Principe averaged 5.04 percent from 2002 until 2019, reaching an all time high of 12.60 percent in 2006 and a record low of 1.60 percent in 2005. Sao Tome and Principe is the least populated and one of the smallest countries in Africa. The country’s economy is dependent on agriculture and tourism. In recent years, the major source of revenue, cocoa production, has been decreasing due to regular droughts and mismanagement. As a result, Sao Tome and Principe has become increasingly dependent on foreign aid and vulnerable to fuel and food price fluctuations. To make things worse, a political crisis is a threat to social stability and may hamper foreign direct investment. On the positive side, recently found oil reserves in the Gulf of Guinea are expected to boost Sao Tome’s economy as soon as production begins. This page provides - Sao Tome and Principe GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Senegal GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 30 Mar 2020 15:00:00 GMT The Gross Domestic Product (GDP) in Senegal expanded 3.30 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Senegal averaged 3.69 percent from 1961 until 2019, reaching an all time high of 9.90 percent in the fourth quarter of 2015 and a record low of -6.55 percent in the fourth quarter of 1969. The largest sector of Senegal's economy is services, accounting for 62 percent of total GDP, of which internal trade (19 percent); administration, education and health (12 percent); communications (11 percent); and real estate activities (6 percent). The industrial sector represents 23 percent of the GDP, with construction (7 percent); food industries (5 percent); other industries (4 percent) and energy (3 percent) accounting for the biggest share. Also, the primary sector contributes to 15 percent of GDP, mostly agriculture (9 percent) and livestock activities (4 percent). This page provides - Senegal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Senegal GDP Growth Rate By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:25:00 GMT The Gross Domestic Product (GDP) in Senegal expanded 4 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Senegal averaged 1.90 percent from 2010 until 2019, reaching an all time high of 27.10 percent in the fourth quarter of 2015 and a record low of -14.80 percent in the first quarter of 2014. The largest sector of Senegal's economy is services, accounting for 62 percent of total GDP, of which internal trade (19 percent); administration, education and health (12 percent); communications (11 percent); and real estate activities (6 percent). The industrial sector represents 23 percent of the GDP, with construction (7 percent); food industries (5 percent); other industries (4 percent) and energy (3 percent) accounting for the biggest share. Also, the primary sector contributes to 15 percent of GDP, mostly agriculture (9 percent) and livestock activities (4 percent). This page provides the latest reported value for - Senegal 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 New Caledonia GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 11 Sep 2019 14:08:00 GMT The Gross Domestic Product (GDP) in New Caledonia expanded 1 percent in 2017 from the previous year. GDP Annual Growth Rate in New Caledonia averaged 2.96 percent from 1998 until 2017, reaching an all time high of 6.90 percent in 2010 and a record low of 0.60 percent in 2008. New Caledonia is one of the richest territories in the Pacific. The country maintains a special relationship status with France and enjoys a high degree of autonomy. New Caledonia is home to 10 percent of the world’s nickel deposits. As a result, nickel processing is the most important sector of the economy. Tourism, which been growing in recent years, is also crucial for the government revenues. New Caledonia remains heavily dependent on fiscal transfers and subsidies from France. This page provides - New Caledonia Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Vietnam GDP Growth Rate By tradingeconomics.com Published On :: Fri, 02 Nov 2018 18:27:00 GMT The Gross Domestic Product (GDP) in Vietnam expanded 6.88 percent in the third quarter of 2018 over the previous quarter. GDP Growth Rate in Vietnam averaged 6.28 percent from 2000 until 2018, reaching an all time high of 8.46 percent in the fourth quarter of 2007 and a record low of 3.14 percent in the first quarter of 2009. Vietnam is a developing economy in the Southeast Asia. In recent years, the nation has been rising as a leading agricultural exporter and an attractive foreign investment destination. Vietnam's key products are: rice, cashew nuts, black pepper, coffee, tea, fishery products and rubber. Manufacturing, information technology and high-tech industries constitute a fast growing part of the economy. Vietnam is also one of the largest oil producers in the region. This page provides the latest reported value for - Vietnam 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 Vietnam GDP Annual Growth Rate By tradingeconomics.com Published On :: Fri, 27 Mar 2020 11:00:00 GMT The Gross Domestic Product (GDP) in Vietnam expanded 3.82 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Vietnam averaged 6.51 percent from 2000 until 2020, reaching an all time high of 8.48 percent in the fourth quarter of 2007 and a record low of 3.12 percent in the first quarter of 2009. In Vietnam, industry and construction constitute the biggest sector of the economy (41 percent of total GDP). Yet, in the past six years the growth in services outpaced significantly all other sectors, and today services account for 37 percent of GDP. Finally, agriculture, forestry and fishing represent 22 percent of total output. This page provides the latest reported value for - Vietnam 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 Dominican Republic GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 13 Apr 2020 11:10:00 GMT The Gross Domestic Product (GDP) in Dominican Republic expanded 5.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Dominican Republic averaged 5.51 percent from 1992 until 2019, reaching an all time high of 14 percent in the second quarter of 1992 and a record low of -3.40 percent in the second quarter of 2003. The Dominican Republic is one of the fastest growing economies in the Caribbean. The most important sector of the economy is services, specifically tourism, finance and telecommunications. Mining has also been growing in importance, and ferronickel and gold production is expected to continue increasing. The Dominican Republic is also dependent on remittances and on revenues from the free-trade zones. This page provides - Dominican Republic GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Dominican Republic GDP Growth Rate By tradingeconomics.com Published On :: Tue, 05 May 2020 15:14:00 GMT The Gross Domestic Product (GDP) in Dominican Republic expanded 5.80 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Dominican Republic averaged 1.37 percent from 1991 until 2019, reaching an all time high of 12.70 percent in the first quarter of 1992 and a record low of -8.80 percent in the third quarter of 1992. This page provides - Dominican Republic Gdp Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Austria GDP Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 07:53:00 GMT The Gross Domestic Product (GDP) in Austria contracted 2.50 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Austria averaged 0.42 percent from 1996 until 2020, reaching an all time high of 1 percent in the second quarter of 1999 and a record low of -2.50 percent in the first quarter of 2020. Austria's economy features a large service sector (63 percent of total GDP), a solid industrial sector (25 percent), and a small, but highly developed agricultural sector (1 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 54 percent, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Net exports of goods and services adds 3 percent to the GDP as exports accounts for 53 percent and imports for 50 percent. . This page provides - Austria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Austria GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 08:32:00 GMT The Gross Domestic Product (GDP) in Austria contracted 2.70 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Austria averaged 1.78 percent from 1997 until 2020, reaching an all time high of 5.60 percent in the first quarter of 2011 and a record low of -5.90 percent in the second quarter of 2009. In Austria, household consumption is the main component of GDP and accounts for 54 percent, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Net exports of goods and services adds 3 percent to the GDP as exports accounts for 53 percent and imports for 50 percent. This page provides - Austria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Guinea GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 25 Mar 2020 20:50:00 GMT The Gross Domestic Product (GDP) in Guinea expanded 6.30 percent in 2019 from the previous year. GDP Annual Growth Rate in Guinea averaged 3.80 percent from 1987 until 2019, reaching an all time high of 8.20 percent in 2017 and a record low of -0.30 percent in 2009. Guinea is one of the poorest countries in the world. Guinea’s growth has been significantly short of its potential due to political instability, widespread corruption and underdeveloped infrastructure. Guinea has the largest bauxite reserve in world as well as significant iron, gold and diamond reserves. Yet, Guinea’s chronic inefficiencies drive away most of potential investors. Recent government efforts to fight corruption, regulate the mining sector and improve infrastructure are expected to maintain the positive momentum. This page provides - Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Venezuela GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 20 Nov 2019 13:25:00 GMT The Gross Domestic Product (GDP) in Venezuela contracted 16.60 percent in the fourth quarter of 2017 over the same quarter of the previous year. GDP Annual Growth Rate in Venezuela averaged 1.62 percent from 1998 until 2017, reaching an all time high of 36.10 percent in the first quarter of 2004 and a record low of -26.70 percent in the first quarter of 2003. The biggest sector of Venezuela´s economy is services. Financing, insurance, real estate and business services; communication, transport and warehousing; trade, repairs, restaurants and hotels; community, personal, household and government services account for 60 percent of the GDP. Manufacturing and mining create 16 percent of the wealth and oil exploitation 12.3 percent. Construction and water and electricity distribution account for the remaining 12 percent of GDP. This page provides - Venezuela GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Venezuela GDP Growth Rate By tradingeconomics.com Published On :: Wed, 20 Nov 2019 15:05:00 GMT The Gross Domestic Product (GDP) in Venezuela contracted 23.70 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Venezuela averaged -0.08 percent from 1997 until 2019, reaching an all time high of 26.20 percent in the second quarter of 2003 and a record low of -24.40 percent in the first quarter of 2003. Venezuela is a state-controlled economy and the fifth biggest in Latin America. From 1997 to 2012, the country has been growing at an average rate of 0.75 percent on a quarter over quarter basis, mostly due to exports of oil. Venezuela has the largest proven oil reserves in the world. Oil accounts for 96 percent of total exports and for 12 percent of the GDP. Yet, in order to reach its full growth potential, the country needs to reduce its dependence on oil revenue; increase competition in the energy sector; improve its infrastructure and reduce the levels of poverty and inequality. This page provides - Venezuela GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Niger GDP Annual Growth Rate By tradingeconomics.com Published On :: Sun, 05 Apr 2020 15:01:00 GMT The Gross Domestic Product (GDP) in Niger expanded 6 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Niger averaged 3.52 percent from 1961 until 2019, reaching an all time high of 13.48 percent in the fourth quarter of 1978 and a record low of -17.06 percent in the fourth quarter of 1973. Niger, a landlocked sub-Saharan nation, is one of the poorest countries in the world. More than half of Niger’s population earn their living from subsistence agriculture prone to droughts. Niger’s economy is upheld by uranium exports and foreign financial assistance. Low skilled labour force, inexistent infrastructures and lack of security act as a blockade to foreign direct investments. This page provides - Niger GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Armenia GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 25 Feb 2020 08:05:00 GMT The Gross Domestic Product (GDP) in Armenia expanded 7.60 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Armenia averaged 7.25 percent from 1998 until 2019, reaching an all time high of 19.10 percent in the second quarter of 2006 and a record low of -19.70 percent in the third quarter of 2009. Armenia is a landlocked country without energy resources. Construction, which receives large funding from foreign direct investment and remittances, is the most important sector of the economy. As a modernization attempt, Armenia has focused on development of small scale agriculture and small and medium enterprises to replace the old soviet agro-industrial model. Nonetheless, industry and agriculture remain outperformed by services. Recent tax reforms have failed to tackle Armenia’s shadow economy and corruption problems. This page provides - Armenia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Kazakhstan GDP Growth Rate By tradingeconomics.com Published On :: Thu, 17 Oct 2019 17:15:00 GMT The Gross Domestic Product (GDP) in Kazakhstan expanded 1.26 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Kazakhstan averaged 1.35 percent from 1994 until 2013, reaching an all time high of 7 percent in the first quarter of 1999 and a record low of -8.90 percent in the third quarter of 1998. GDP Growth Rate in Kazakhstan is reported by the Agency of Statistics of the Republic of Kazakhstan. Kazakhstan is the largest economy in Central Asia and holds vast reserves of oil and other mining products. Shipments of petroleum, ferrous metals, copper, aluminum, zinc and uranium have been the engine of economic growth, accounting for more than 90 percent of total exports and for around 40 percent of GDP. Nevertheless, in recent years, Kazakhstan has been diversifying its industrial base towards new sectors such as transport, pharmaceutical, telecommunications, petrochemicals and food processing. This page provides - Kazakhstan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Kazakhstan GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 14 Apr 2020 05:39:00 GMT The Gross Domestic Product (GDP) in Kazakhstan expanded 2.70 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Kazakhstan averaged 4.88 percent from 1995 until 2020, reaching an all time high of 14.10 percent in the second quarter of 2001 and a record low of -9.20 percent in the third quarter of 1995. Kazakhstan is the largest economy in Central Asia. The services sector is the most important and accounts for 54 percent of total GDP. The biggest segments within services are: wholesale and retail trade and repairs of motor vehicles and motorcycles (15 percent of total GDP); transport, warehousing, information and communication (10 percent); real estate (9 percent) and professional, scientific, technical, administrative and support services (7 percent). Industry contributes 34 percent of the wealth; construction 7 percent and agriculture, forestry and fishing 5 percent. This page provides the latest reported value for - Kazakhstan 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 Jamaica GDP Growth Rate By tradingeconomics.com Published On :: Thu, 02 Apr 2020 17:12:00 GMT The Gross Domestic Product (GDP) in Jamaica contracted 0.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Jamaica averaged 0.16 percent from 1997 until 2019, reaching an all time high of 2.10 percent in the fourth quarter of 2003 and a record low of -1.80 percent in the third quarter of 2008. Jamaica, is a small island nation situated in a strategic position near the Panama Canal, and one of the slowest growing economy in the Caribbean. Services, with tourism employing 10 percent of the population, is the most important sector of the economy and accounts for around 60 percent of GDP. This page provides - Jamaica GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Jamaica GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 02 Apr 2020 17:14:00 GMT The Gross Domestic Product (GDP) in Jamaica stagnated 0 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Jamaica averaged 0.57 percent from 1997 until 2019, reaching an all time high of 4.30 percent in the fourth quarter of 2006 and a record low of -4.60 percent in the second quarter of 2009. Jamaica, is a small island nation situated in a strategic position near the Panama Canal, and one of the slowest growing economy in the Caribbean. Services, with tourism employing 10 percent of the population, is the most important sector of the economy and accounts for around 60 percent of GDP. This page provides - Jamaica GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Italy GDP Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 13:54:00 GMT The Gross Domestic Product (GDP) in Italy contracted 4.70 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Italy averaged 0.56 percent from 1960 until 2020, reaching an all time high of 6 percent in the first quarter of 1970 and a record low of -4.70 percent in the first quarter of 2020. Italy is the ninth largest economy in the world and the third largest in the Euro Zone. The country has a diversified industrial base driven in large part by manufacturing of high-quality consumer goods. Composition of the GDP on the expenditure side: household consumption (61 percent), government expenditure (19 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 30 percent of GDP while imports for 27 percent, adding 3 percent to total GDP. This page provides - Italy GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Italy GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 30 Apr 2020 13:56:00 GMT The Gross Domestic Product (GDP) in Italy contracted 4.80 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Italy averaged 2.35 percent from 1961 until 2020, reaching an all time high of 10.30 percent in the fourth quarter of 1961 and a record low of -7.20 percent in the first quarter of 2009. Italy is the second largest manufacturing economy in Europe and the third largest economy in the Euro Area. Composition of the GDP on the expenditure side: household consumption (61 percent), government expenditure (19 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 30 percent of GDP while imports for 27 percent, adding 3 percent to total GDP. This page provides the latest reported value for - Italy 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 Mauritania GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 14 Apr 2020 17:42:00 GMT The Gross Domestic Product (GDP) in Mauritania expanded 6.70 percent in 2019 from the previous year. GDP Annual Growth Rate in Mauritania averaged 3.78 percent from 1993 until 2019, reaching an all time high of 11.40 percent in 2006 and a record low of -4 percent in 1997. Mauritania is a poor African country, where more than half of population rely on livestock and drought-prone subsistence agriculture. Mauritania’s economy depends on iron ore exports and foreign assistance. A rich coastal fauna, an expanding mining industry and recently found oil reserves led Mauritania’s recent economic expansion. However, presence of active terrorist groups in the region and unstable government are Mauritania’s major obstacles to growth. This page provides - Mauritania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Malta GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 02 Mar 2020 18:10:00 GMT The Gross Domestic Product (GDP) in Malta expanded 4.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Malta averaged 3.87 percent from 2001 until 2019, reaching an all time high of 11.30 percent in the first quarter of 2015 and a record low of -3.70 percent in the second quarter of 2009. Malta's economy is dependent on foreign trade (serving as a freight trans-shipment point), manufacturing of electronics and textiles, tourism and financial services as it offers low-cost environment and an advantageous tax regime. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 149 percent while imports account for 143 percent, adding 6 percent of total GDP. This page provides - Malta GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Malta GDP Growth Rate By tradingeconomics.com Published On :: Tue, 10 Mar 2020 14:40:00 GMT The Gross Domestic Product (GDP) in Malta expanded 1.70 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Malta averaged 0.97 percent from 2000 until 2019, reaching an all time high of 4.40 percent in the first quarter of 2002 and a record low of -3 percent in the first quarter of 2009. Malta's economy is dependent on foreign trade (serving as a freight trans-shipment point), manufacturing of electronics and textiles, tourism and financial services as it offers low-cost environment and an advantageous tax regime. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 149 percent while imports account for 143 percent, adding 6 percent of total GDP. This page provides - Malta GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Saudi Arabia GDP Growth Rate By tradingeconomics.com Published On :: Tue, 03 Dec 2019 11:53:00 GMT The Gross Domestic Product (GDP) in Saudi Arabia contracted 0.70 percent in the second quarter of 2019 over the previous quarter. GDP Growth Rate in Saudi Arabia averaged 0.88 percent from 2010 until 2019, reaching an all time high of 8.40 percent in the fourth quarter of 2010 and a record low of -2 percent in the first quarter of 2017. Saudi Arabia has an oil-based economy. Shipments of oil account for 87 percent of total exports and for 46 percent of GDP. In recent years, in order to diversify the economy, the government has been investing in telecommunications, petrochemicals, natural gas exploitation and power generation sectors. This page provides - Saudi Arabia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Saudi Arabia GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 30 Mar 2020 08:47:00 GMT The Gross Domestic Product (GDP) in Saudi Arabia contracted 0.30 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Saudi Arabia averaged 3.87 percent from 1969 until 2019, reaching an all time high of 24.20 percent in the fourth quarter of 1973 and a record low of -20.70 percent in the fourth quarter of 1982. Saudi Arabia is the world´s biggest producer of oil and oil extraction accounts for 46 percent of GDP. The services sector represents 36 percent of the wealth including government services (13 percent), wholesale and retail trade and restaurants and hotels (8 percent) and financing, insurance and real estate (7.9 percent). Other sectors are: manufacturing (10 percent), construction and electricity, gas and water distribution (6 percent) and agriculture, forestry and fishing (2 percent). This page provides the latest reported value for - Saudi Arabia 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 Saudi Arabia Bank Lending Growth By tradingeconomics.com Published On :: Tue, 28 Apr 2020 15:46:00 GMT The value of loans in Saudi Arabia increased 11.80 percent in March of 2020 over the same month in the previous year. Loan Growth in Saudi Arabia averaged 12.82 percent from 2001 until 2020, reaching an all time high of 46.99 percent in October of 2004 and a record low of -1.40 percent in June of 2017. This page provides - Saudi Arabia Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Uzbekistan GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 05 Feb 2020 18:07:00 GMT The Gross Domestic Product (GDP) in Uzbekistan expanded 5.60 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Uzbekistan averaged 7.31 percent from 2006 until 2019, reaching an all time high of 9.80 percent in the third quarter of 2007 and a record low of 3.60 percent in the first quarter of 2006. Even though Uzbekistan’s economy is relatively closed, it has been growing steadily due to its vast natural resources of oil, natural gas and gold. Receipts from these key industries allow the government to control the economy through investments in services (accounting for 48 percent of GDP) and industry (accounting for 40 percent of GDP). Uzbekistan is currently the world’s fifth largest producer of cotton, but is attempting to diversify its agriculture towards fruits and vegetables. This page provides - Uzbekistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Ecuador GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 05 May 2020 16:04:00 GMT The Gross Domestic Product (GDP) in Ecuador contracted 0.10 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Ecuador averaged 3.64 percent from 2000 until 2019, reaching an all time high of 10.20 percent in the second quarter of 2004 and a record low of -3.40 percent in the first quarter of 2016. The biggest sector of Ecuador´s economy is services. Retail and wholesale trade, hotels and restaurants, transport, communication and warehousing, financial intermediation, professional, technical, administrative and household services, education and health and government services and goods account for 57 percent of the GDP. Manufacturing, mining and quarrying create 23 percent of the wealth and construction and water and electricity distribution 11 percent. Agriculture, forestry and fishing account for the remaining 9 percent of GDP. This page provides the latest reported value for - Ecuador 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 Ecuador GDP Growth Rate By tradingeconomics.com Published On :: Tue, 05 May 2020 16:12:00 GMT The Gross Domestic Product (GDP) in Ecuador contracted 0.68 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Ecuador averaged 0.86 percent from 2000 until 2019, reaching an all time high of 3.36 percent in the fourth quarter of 2003 and a record low of -1.91 percent in the second quarter of 2003. Ecuador is the ninth largest economy in Latin America. The economy is highly dependent on oil exports. Shipments of oil account for 58 percent of total exports and for almost two fifths of government revenue. This page provides - Ecuador GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row New Zealand GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 19 Mar 2020 12:59:00 GMT The Gross Domestic Product (GDP) in New Zealand expanded 1.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in New Zealand averaged 2.63 percent from 1988 until 2019, reaching an all time high of 7.30 percent in the third quarter of 1993 and a record low of -2.30 percent in the first quarter of 2009. In New Zealand, services are the biggest sector of the economy and account for 75 percent of total GDP. Within services the most important segments are: finance, insurance and business services (30 percent); personal and community services (13 percent), and transport and communication (11 percent). Industry accounts for 17 percent of GDP. Within industry, manufacturing represents 13 percent of GDP while construction 4 percent. The remaining 8 percent is contributed by agriculture, fishing, forestry and mining. This page provides - New Zealand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Guatemala GDP Annual Growth Rate By tradingeconomics.com Published On :: Wed, 06 May 2020 14:02:00 GMT The Gross Domestic Product (GDP) in Guatemala expanded 3.89 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Guatemala averaged 3.52 percent from 2002 until 2019, reaching an all time high of 7.70 percent in the second quarter of 2007 and a record low of -1.50 percent in the second quarter of 2009. Guatemala has one of the lowest GDP per capita of the Americas. The main sector of the economy is services which accounts for 60 percent of GDP. The growing tourism industry is one of the major sources of income. More importantly, in recent years Guatemala was able to attract foreign direct investment to its production industries. As a result, the manufacturing sector now employs 23 percent of the population and accounts for 30 percent of GDP. Nevertheless, high crime rate and corruption, lack of high-skilled manpower and low quality infrastructures are the country's most challenging obstacles for growth. This page provides - Guatemala GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
row Nicaragua GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 07 Oct 2019 06:31:00 GMT The Gross Domestic Product (GDP) in Nicaragua contracted 7.70 percent in the fourth quarter of 2018 over the same quarter of the previous year. GDP Annual Growth Rate in Nicaragua averaged 3.93 percent from 1995 until 2018, reaching an all time high of 10.90 percent in the fourth quarter of 1999 and a record low of -7.70 percent in the fourth quarter of 2018. The biggest sector of Nicaragua's economy is services (61 percent of GDP), including internal trade (13 percent); transport and communications (9 percent); real estate activities (7 percent) and public administration (7 percent). Industry contributes to 23 percent of GDP with manufacturing (16 percent) and construction (3 percent) accounting for the largest share. The agriculture, livestock, forestry and fishing sector creates 16 percent of the wealth, mainly in agriculture (8 percent) and livestock (6 percent). On the expenditure side, household consumption is the main component of GDP (79 percent), followed by gross fixed capital formation (32 percent) and government spending (15 percent). Exports of goods and services represent 42 percent of GDP while imports account for 68 percent, subtracting 26 percent of total GDP. . This page provides - Nicaragua GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
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