Definition: This entry gives GDP growth on an annual basis adjusted for inflation and expressed as a percent.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: GDP - real growth rate map
Real reason behind rate cut: Govt's growth concern trumps RBI's inflation worry
Firstpost - 3/6/2015 3:31:14 AM
The gradual shift of power from the Reserve Bank of India (RBI) to the government in charting the course of monetary policy is more evident from the surprise rate cut ... becoming the world’s fastest growing major economy, matching the growth of its ...
Kenyan economy to grow by 7pc, says World Bank
Daily Nation - 3/6/2015 3:45:33 AM
with growth rates rising to between six and seven per cent over the next three years, according to the World Bank. The latest Kenya Economic Update (KEU) projects the country’s growth to rise from 5.4 per cent in 2014 to up to seven per cent between 2015 ...
China’s GDP target cut, good or bad? The answer lies in the eye of the beholder
FORTUNE - 3/5/2015 2:23:50 PM
Less so. Whenever China’s GDP growth is in the headlines, it’s helpful to remember that individual prosperity isn’t driven by growth rates. China’s average per capita income remains very low despite the country’s standing as the world’s number ...
Energy efficiency key to future growth
The Daily Star - 3/5/2015 6:12:54 PM
At present, the installed power generation capacity is hovering around 13,000 megawatts, while the real ... first country in the world, Denmark has decided to lead the “green growth” transition and become a green and resource-efficient economy ...
Lower China Growth Goal Doesn’t Spook Foreign Companies
Wall Street Journal - 3/5/2015 3:56:53 PM
The reduced target, dubbed by Beijing as “the new normal” after years of rapid growth, suggests another year of slower growth for businesses in the country, especially those ... as one challenge to the Chinese economy. Many companies said the slowdown ...
China lowers growth target, eyes better quality
China Daily Europe - 3/6/2015 3:52:43 AM
The slower growth rate ... the World Economy. What needs more attention is whether China could further reduce risks related to finance, property and local government debts, he said. "What remains to be seen is whether the government enables the real ...
Brazil's rate hikes tip country closer to recession
Yahoo Finance - 3/5/2015 6:05:44 PM
The central bank's third straight rate hike aims to slow above-target inflation and bolster the Brazilian real ... like India will drive growth rates in those countries while Brazil will lag behind because they're hitting their economy with these rate ...
World Bank raises Kenya's 2015 growth forecast
cnbcafrica.com - 3/5/2015 3:21:06 PM
Nonetheless, the World Bank notes that the East African economy needs to increase the competitiveness ... plays a major determinant as to whether the country will achieve higher economic growth rates.
Why Egypt's upcoming economic summit can be a 'backbone' for growth
Al Bawaba - 3/5/2015 6:48:41 PM
Since then, an exodus of foreign investment and a sharp decline in tourism receipts—once a major contributor to the country’s GDP—have slowed the economy, which was reaching growth rates of around 5 percent just prior to the 2011 revolution ...
Three reasons to cheer Europe's economy
CNN Money - 3/5/2015 6:20:03 PM
Europe has been a top risk for the world economy ... 19 countries that make up the eurozone, with Greece and Spain suffering the most. But unemployment is falling -- it dropped to 11.2% in January, down from nearly 12% a year ago and the lowest rate ...
Global cost of flooding to increase tenfold by 2030
CBS News - 3/5/2015 12:29:18 PM
"So, the developing world is expected to see more GDP exposed ... by socioeconomic growth, in particular due to the concentrated growth of Southeast Asia's megacities in flood-prone areas. The only developed nation in the top 20 countries most vulnerable ...
China sets lowest growth target in two decades after reality check
Times of India - 3/5/2015 4:47:00 PM
The country has entered an era of low growth rates, which is the "new normal" he told the 3000-strong session of deputies at the National People's Congress, the parliament. The low target in the world's second biggest economy is bound to cause ...
As World’s Hottest Economy Unravels, Nigerians Feel the Squeeze
Bloomberg - 3/6/2015 3:31:14 AM
Yes, the country was a rising African power and yes, it had become the world’s fastest-growing major economy, but things weren’t quite ... Those dynamics have fed the country’s spectacular growth rates — figures not even matched by China.
China likely to maintain 7% growth for 20 years
China Daily - 3/6/2015 3:52:43 AM
BEIJING -- China has lowered its 2015 economic growth target to ... senior vice president of the World Bank, said. The country has promised to double GDP achieved in 2010 by 2020, to achieve this a year-on-year expansion rate of 6.8 percent from 2014 ...
China’s lower growth target is missed opportunity
Reuters - 3/5/2015 3:42:34 PM
For most of the last decade, China’s annual growth target was actually a threshold: even when GDP was expanding at double-digit rates, the goal never exceeded ... the flaws in trying to steer the world’s second-largest economy towards a precise annual ...