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Page "Economy of Vietnam" ¶ 13
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GDP and growth
The Economy of Angola is one of the fastest-growing economies in the world, with the Economist asserting that for 2001 to 2010, Angolas ' Annual average GDP growth was 11. 1 percent.
High international oil prices and rising oil production have led to a very strong economic growth in recent years, but corruption and public-sector mismanagement remain, particularly in the oil sector, which accounts for over 50 percent of GDP, over 90 percent of export revenue, and over 80 percent of government revenue.
Such rates cannot be sustained, but despite reaching 26. 4 % in 2005 ( second highest GDP growth in the world in 2005 only to Equatorial Guinea ), and 2006 over 34. 6 % ( world highest ), in 2008 dropped to 10. 8 %, and dropped further to 9. 3 % in 2009.
The real GDP growth rate for 2011 was expected at 3. 7 % but had dropped to. 1 %.
Investment in the construction and industrial sectors is expected to continue in 2006 and will help to ensure annual average real GDP growth of about 13. 9 %.
GDP growth for 2010 was at 2. 9 percent, and inflation was at 8 percent.
GDP growth is expected to be around 3 percent in 2011, with inflation returning to 4-5 percent.
According to the National Statistical Service, the booming construction and service sectors remain the driving forces of the high growth rate of GDP.
Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of September 11, 2001 held back growth in these sectors in 2001-03.
Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors.
Hydropower exports to India have boosted Bhutan's overall growth, even though GDP fell in 2008 as a result of a slowdown in India, its predominant export market.
This fact, together with annual GDP growth of above 5 %, has brought the government indebtedness to 22. 8 % of GDP in 2006 from 67. 3 % five years earlier.
Since the stagflation of the 1970s, the U. S. economy has been characterized by slower GDP growth.
the 2007 GDP growth was driven by consumption and investment.
In the first year of Allende's term, the short-term economic results of Economics Minister Pedro Vuskovic's expansive monetary policy were unambiguously favorable: 12 % industrial growth and an 8. 6 % increase in GDP, accompanied by major declines in inflation ( down from 34. 9 % to 22. 1 %) and unemployment ( down to 3. 8 %).
The economy remained sluggish until 2003, when it began to show clear signs of recovery, achieving 4. 0 % real GDP growth.
Real GDP growth reached 5. 7 % in 2005 before falling back to 4. 0 % in 2006.
Faced with an international economic downturn the government announced a $ 4 billion economic stimulus plan to spur employment and growth, and despite the global financial crisis, aimed for an expansion of between 2 percent and 3 percent of GDP for 2009.
After 6. 2 % growth in 1997, GDP grew a substantial 8. 3 % in 1999, led by exports.
GDP real growth rate:
The country completely recovered from WW2 and achieved a very high GDP and economic growth rate, significantly higher than the present-day Republic.
After robust growth rates in the 1980s ( average annual growth was 6. 1 %), economic performance in the 1990s was mixed: real GDP growth was 9. 7 % in 1992, 1. 7 % in 1993, 6. 0 % in 1994, 6. 0 % in 1995, 1. 9 % in 1996 and 2. 3 % in 1997.

GDP and fell
In 1992-93, GDP fell nearly 60 % from its 1989 level.
The first signs of recovery emerged in 1994 when the GDP grew and inflation fell.
Real per capita GDP fell by more than 60 % from 1986 to 1994.
Growth in real GDP averaged 8 % from 1991 – 1997, but fell to half that level in 1998 because of tight monetary policies ( implemented to keep the current account deficit in check ) and because of lower export earnings, the latter which was a product of the Asian financial crisis.
GDP growth fell to zero in 1999 and to-1 % in 2000.
As the economic began to recover in 2003, the government began to take steps for fiscal consolidation, and the fiscal deficit fell to 4. 8 percent of GDP.
Real GDP fell by 1. 1 % in FY 2001 and 0. 9 % in FY 2002.
Total outstanding external debt as a percentage of GDP fell from 119 percent in 1990 to 114 percent in 1991 and to 112 percent in 1993.
Mongolia's gross domestic product ( GDP ) growth fell from 3. 2 % in 1999 to 1. 3 % in 2000.
Both efforts occurred in large communist countries attempting to modernize their economies, but while China's GDP has grown consistently since the late 1980s ( albeit from a much lower level ), national GDP in the USSR and in many of its successor states fell precipitously throughout the 1990s.
Corporate investment, a key demand component of GDP, fell enormously ( 22 % of GDP ) between 1990 and its peak decline in 2003.
In his view, this avoided a U. S. type Great Depression, in which U. S. GDP fell by 46 %.
Federal revenue share of GDP fell from 19. 6 % in fiscal 1981 to 17. 3 % in 1984, before rising back to 18. 4 % by fiscal year 1989.
Personal income tax revenues fell during this period relative to GDP, while payroll tax revenues rose relative to GDP.
The federal deficit fell from 6 % of GDP in 1983 to 3. 2 % of GDP in 1987.
The Federal deficit in Reagan's final budget fell to 2. 9 % of GDP.
The latter contributed to a relatively brief recession in 1982: unemployment rose to 9. 7 % and GDP fell by 1. 9 %.
Real GDP fell in four years by nearly 20 %, with 2002 the worst year.
Attempts at reform began in earnest in early 1992 after real GDP fell by more than 50 % from its peak in 1989.

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