The Euro Area economy expanded 0.8% on quarter in the second quarter of 2022, higher than a 0.6% rise in the second estimate, and the strongest growth rate in three quarters. Australia GDP Growth GDP Growth Rate in Singapore averaged 1.53 percent from 1975 until 2022, reaching an all time high of 9.20 percent in the third quarter of 2020 and a record low of -12.60 percent in the second quarter of 2020. It is calculated without making deductions for depreciation of Russia GDP Household spending was the main driver of the expansion (1.3%), prompted by the easing of covid restrictions and the summer tourism season, specially in southern countries. It was the strongest growth in the GDP since the third quarter 2011, led by a 22.9 percent surge in oil activity. The Gross Domestic Product (GDP) in Netherlands was worth 1018.01 billion US dollars in 2021, according to official data from the World Bank. Aggregates are based on constant 2010 U.S. dollars. GDP Annual Growth Rate in the United Kingdom Annual percentage growth rate of GDP at market prices based on constant local currency. GDP Growth Annual percentage growth rate of GDP at market prices based on constant local currency. This page provides the The Gross Domestic Product per capita in South Africa was last recorded at 5864.82 US dollars in 2021. The economy of Nigeria advanced by 3.54% from a year ago in the second quarter of 2022, faster than a 3.11% rise in the prior period and above market forecasts of a 2.60% growth. Germany GDP The South African GDP shrank by 0.7% on quarter in the three months to June of 2022, compared with market forecasts of a 0.8% fall, as devastating floods in KwaZulu-Natal and intense power rationing had a negative impact on a number of industries. Still, it is the smallest growth rate in five quarters. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Of the countries closest to the war in Ukraine, Poland moved from GDP growth of 2.5% in Q1 2022 to a contraction of 2.3% in the following quarter. GDP The GDP value of the United Kingdom represents 2.38 percent of the world economy. GDP It is the third largest economy in the world in nominal terms, after the United States and China, and the third one in purchasing power parity (PPP) terms, after China and the United States. Taiwan GDP Japan GDP Growth Rate 1961 Seven out of ten activities contracted, with manufacturing hit the most (-5.9% vs 5% in Q1). Hong Kong GDP GDP Annual Growth Rate in Zimbabwe averaged 2.65 percent from 1961 until 2021, reaching an all time high of 22.57 percent in 1970 and a record low of -17.20 percent in 2003. The Spanish economy expanded 0.2% on quarter in the three months to September of 2022, slowing sharply from a 1.5% growth in the previous period and slightly below market estimates of 0.3%, preliminary estimates showed. Inventory changes also made a positive contribution to the GDP, while net trade was a drag as exports The South African GDP shrank by 0.7% on quarter in the three months to June of 2022, compared with market forecasts of a 0.8% fall, as devastating floods in KwaZulu-Natal and intense power rationing had a negative impact on a number of industries. Meanwhile, the government revised down its full-year growth forecast to between 0.5% and - 0.5%, from between 1% and 2%, pointing to a deteriorating global growth outlook, while keeping inflation estimates for 2022 at 2%. Netherlands Population 2022 New Zealand GDP Growth The post-lockdown boost that pushed tourism and leisure higher in the last quarter seems to be fading, while high inflation and borrowing costs start to Netherlands GDP Growth GDP Growth The British economy unexpectedly expanded 0.2% on quarter in the April-June 2022 period, better than initial estimates of a 0.1% contraction. Netherlands Population 2022 This can make percentage growth appear higher, though in many cases economies were simply recovering from the pandemic slump. GDP Growth GDP per capita in South Africa averaged 5281.99 USD from 1960 until 2021, reaching an all time high of 6284.86 USD in 2013 and a record low of 3839.38 USD in 1960. This page provides the The Gross Domestic Product (GDP) in South Korea expanded 3.10 percent in the third quarter of 2022 over the same quarter of the previous year. This page provides - Zimbabwe GDP Annual The Gross Domestic Product (GDP) in Turkey expanded 2.10 percent in the second quarter of 2022 over the previous quarter. Consumer Price Index CPI in Netherlands averaged 61.53 points from 1960 until 2022, reaching an all time high of 121.57 points in July of 2022 and a record low of 15.35 points in August of 1960. GDP Growth by Country. The British GDP grew 4.4% year-on-year in the second quarter of 2022, higher than an initial 2.9% rise. Household consumption rose further (2.2% vs 2.2% in Q1), led by spending The Gross Domestic Product (GDP) in South Korea expanded 3.10 percent in the third quarter of 2022 over the same quarter of the previous year. The Spanish economy expanded 0.2% on quarter in the three months to September of 2022, slowing sharply from a 1.5% growth in the previous period and slightly below market estimates of 0.3%, preliminary estimates showed. Consumer Price Index CPI in Netherlands increased to 126.89 points in September from 123.95 points in August of 2022. This can make percentage growth appear higher, though in many cases economies were simply recovering from the pandemic slump. South Korea GDP This was the second straight quarter of expansion, supported by domestic demand and robust fixed investment. GDP in Pakistan averaged 89.76 USD Billion from 1960 until 2021, reaching an all time high of 356.13 USD Billion in 2018 and a record low of 3.75 USD Billion in Annual percentage growth rate of GDP at market prices based on constant local currency. The GDP value of Pakistan represents 0.26 percent of the world economy. GDP This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Boston Snow Indicator: A market theory that states that a white Christmas in Boston will result in rising stock prices for the following year. Also, government GDP in Germany averaged 2095.85 USD Billion from 1970 until 2021, reaching an all time high of 4223.12 USD Billion in 2021 and a record low of 215.84 USD GDP Growth GDP Annual Growth Rate in Russia averaged 2.73 percent from 1996 until 2022, reaching an all time high of 12.10 percent in the fourth quarter of 1999 and a record low of -11.20 percent in the second quarter of 2009. It is the third largest economy in the world in nominal terms, after the United States and China, and the third one in purchasing power parity (PPP) terms, after China and the United States. This page provides - Singapore GDP Seven out of ten activities contracted, with manufacturing hit the most (-5.9% vs 5% in Q1). The level of real GDP is now estimated to be 0.2% below where it was pre-coronavirus at Quarter 4 2019, downwardly revised from previous estimates of 0.6% above. The Euro Area economy expanded 0.8% on quarter in the second quarter of 2022, higher than a 0.6% rise in the second estimate, and the strongest growth rate in three quarters. This was the second straight quarter of expansion, supported by domestic demand and robust fixed investment. GDP Growth Meanwhile, fixed investment expanded less (0.2% vs 3.0% in Q1). Hong Kong GDP Aggregates are based on constant 2010 U.S. dollars. Meanwhile, the government revised down its full-year growth forecast to between 0.5% and - 0.5%, from between 1% and 2%, pointing to a deteriorating global growth outlook, while keeping inflation estimates for 2022 at 2%. The Euro Area economy expanded 4.1% year-on-year in the second quarter of 2022, higher than 3.9% in the second estimate, but still pointing to the slowest growth in three quarter. It is calculated without making deductions for depreciation of It is calculated without making deductions for depreciation of The Danish quarterly economic growth was confirmed at 0.9 percent in the three months to June of 2022, recovering from a downwardly revised 0.5% contraction in the previous period, due to a rebound in government spending (0.4% vs -1.8%). The Gross Domestic Product (GDP) in the United Kingdom was worth 3186.86 billion US dollars in 2021, according to official data from the World Bank. Netherlands Population 2022 (Live) Show Source. GDP in Germany averaged 2095.85 USD Billion from 1970 until 2021, reaching an all time high of 4223.12 USD Billion in 2021 and a record low of 215.84 USD Pakistan GDP 2022 Denmark GDP Growth The level of real GDP is now estimated to be 0.2% below where it was pre-coronavirus at Quarter 4 2019, downwardly revised from previous estimates of 0.6% above. Japan GDP Growth Rate 1961 New Zealand GDP Growth Canada GDP Growth Other sharp Private consumption (7.49 percent vs. 2.89 percent in Q2) was a key driver for growth, while government spending (2.35 percent vs. 5.85 Saudi Arabia GDP Final consumption expenditure grew by 1.7 It is the strongest growth rate since 1984 and compared with a record 2.8% percent contraction in 2020. Mexico GDP Growth GDP Annual Growth Rate in India averaged 5.87 percent from 1951 until 2022, reaching an all time high of 20.10 percent in the second quarter of 2021 and a record low of -23.80 percent in the second quarter of 2020. Download the entire news release (PDF 120KB) 23 May 2022 - In the first quarter of 2022, gross domestic product (GDP) in the OECD rose by just 0.1% quarter-on-quarter according to provisional estimates, a sharp slowdown compared with the 1.2% increase in the fourth quarter of 2021 (Figure 1). 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