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
Russian GDP Growth at 1.6% as Economy Weakest Since 2009
Bloomberg - 5/17/2013 2:15:36 PM
Russia’s economy grew at the weakest pace since 2009 in the first quarter as the euro area’s longest recession hurt demand for commodity exports and investment at companies including OAO Gazprom cooled. Gross domestic product rose 1.6 ...
As Japan Courts Growth, Europe Keeps Up Its Love Affair With Austerity
New York Times - 5/18/2013 12:24:03 AM
BERLIN — For years, Japan and Europe have been the sick men of the world economy. This week, their paths diverged. Even as Europe fell deeper into what just became its longest recession since World War II, Japan posted an unexpectedly robust ...
DAWN Group - 5/13/2013 2:38:49 AM
Sectors like tourism and real estate had been the hardest hit by the ... as many investors are waiting for the loan to have a clear view on the future of the country’s economy. With the low growth rate, it is feared that unemployment will continue ...
The problem with poor countries’ GDP
Today Online - 5/16/2013 8:07:32 PM
The answer depends, in part, on how we measure growth and improvements in people’s lives. Traditionally, one of the guiding factors has been per capita gross domestic product (GDP) — the value of goods and services produced by a country in a year ...
UPDATE 4-Mexico annual growth slows sharply, govt cuts forecast
Reuters - 5/17/2013 6:40:27 PM
GDP growth 0.45 ... another 25-basis-point rate cut. The larger-than-expected GDP increase in the first quarter versus the final quarter of last year was driven by strong growth in services such as media and real estate, up 1.48 percent in ...
JIM O'NEILL: I've Found Myself Asking 2 Questions About The Economy I Didn't Expect To
The Business Insider - 5/18/2013 5:42:00 PM
In the short space of time since I moved on from Goldman Sachs, I have found myself asking two questions I didn’t expect to. Is there something inherent in the world economic system that means we can only grow by 3.4pc each decade? And if China — and ...
Euro Zone vs. U.S. Economic Growth
Wall Street Journal - 5/15/2013 5:09:46 PM
The euro zone remains mired in recession, even as other parts of the world experience at least modest growth. “The euro zone remains the weakest link in the world economy,” ING economist Peter Vanden Houte wrote in a research note.
GCC countries to grow 5% on non-oil real GDP basis
Arab Times - 5/19/2013 6:06:27 AM
Going over the cliff itself, i.e. if nothing is done on the matter by January 1, could subtract almost $600 billion from the US economy over a short period of time and guarantee a recession during the first half of 2013, if not longer.
Hungary’s Unexpected Growth Won’t Stop Rate Cuts
Wall Street Journal - 5/16/2013 7:46:04 PM
MISKOLC, Hungary–Hungary’s sharply falling consumer price inflation and stronger-than-expected first-quarter economic growth won’t discourage the central bank from cutting interest rates, the bank’s top executives said Thursday.
Central banks saved world economy, now beware the fallout: IMF
Reuters - 5/16/2013 9:40:35 PM
The Fed has tripled its balance sheet to more than $3 trillion through three waves of bond buying and the Bank of Japan surprised markets last month declaring it would drive inflation up to 2.0 percent through asset purchases. The Bank of ...
Developing countries’ savings to jump to $79tr by 2030
Gulf News - 5/17/2013 12:39:33 AM
Developing countries’ share in global investment is projected to triple by 2030 to three-fifths, from one-fifth in 2000, says the report, titled ‘Capital for the Future: Saving and Investment in an Interdependent World’. Strong saving rates in ...
Bangladesh economic growth slows to four-year low
New York Daily News - 5/17/2013 6:18:58 PM
Troubled Bangladesh's economy is forecast to have grown at a four-year low of 6.03 percent in the fiscal year to June, more than a percentage point below the government target, officials said on Friday. Analysts have said that a crisis in the disaster ...
Why growth has stalled – and it’s not what the FM is telling us
Firstpost - 5/15/2013 1:35:01 PM
The main drivers of growth in our economy are services, whose share in GDP is around ... This is higher than the industry CAGR of 15 percent and the overall growth of 16 percent. We find that services had a larger share as well as greater growth during ...
Germany's Merkel: Europe must agree how to achieve growth, reforms in France crucial
FOX News - 5/16/2013 1:48:09 PM
The European Central Bank this month cut its main rate to a record-low 0.5 percent, but companies in parts of Europe are still struggling to borrow ... do politicians' work. More broadly, Schaeuble said, "we have much too much liquidity from the ...
World stocks mixed after German 1Q growth released
Yahoo! News - 5/15/2013 9:17:19 AM
BANGKOK (AP) -- Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. But lower-than-expected German economic growth disappointed ... keeps interest rates low throughout ...