[permalink] [id link]
GDP growth for 2010 was at 2. 9 percent, and inflation was at 8 percent.
from
Wikipedia
Some Related Sentences
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 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 for
In 2006, the agricultural sector accounted for about 20 percent of Armenia's GDP.
Agriculture and industry account for only a small proportion of the islands ' GDP.
Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15 % of GDP.
Financial services constitute the second-most important sector of the Bahamian economy, accounting for up to 17 % of GDP, due to the country's status as an offshore financial center.
Agriculture and fisheries industry together account for 5 % of GDP.
Cotton accounts for 40 % of GDP and roughly 80 % of official export receipts.
It is almost totally supported by exports of crude oil and natural gas, with revenues from the petroleum sector accounting for over half of GDP.
The first signs of recovery emerged when GDP grew 1. 4 % in 1994 for the first time since 1988, and 2. 5 % in 1995.
The first signs of recovery emerged when GDP grew 1. 4 % in 1994 for the first time since 1988, and 2. 5 % in 1995.
The Burkinabé financial system represents 30 % of the country ’ s GDP and is dominated by the banking sector, which accounts for 90 % of total financial system assets.
The mainstay of the Burundian economy is agriculture, accounting for 54 % of GDP in 1997.
However, when a national trade imbalance expands beyond prudence ( generally thought to be several percent of GDP, for several years ), adjustments tend to occur.
In 2009, exports accounted for approximately 30 % of Canada's GDP.
Only some 4 % of Canadians are employed in these fields, and they account for 6. 2 % of GDP.
In 2005, the transportation sector made up 4. 2 % of Canada's GDP, compared to 3. 7 % for Canada's mining and oil and gas extraction industries.
for 23. 4 percent of GDP.
Tourism is also a mainstay, accounting for about 70 % of GDP and 75 % of foreign currency earnings.
Services currently account for 25 % of GDP, largely because of the oversized government bureaucracy and high transportation costs arising from the country's landlocked position.
Agriculture and allied sectors like forestry, logging and fishing accounts only for 4. 9 % of the GDP as of 2007 and employed 13. 6 % of the country's labor force.
GDP and 2010
The Gross Domestic Product of Armenia stood at 8. 8 billion US dollars in 2010 ; with a population of 3. 2 million, this amounts to a GDP per capita of $ 2, 676 ( purchasing power parity $ 5, 178 ).
As of 2010, the agricultural production comprises on average 25 percent of Armenia's GDP.
By the end of 2010, Armenia ’ s external debt is projected to form about 42 percent of GDP, and 50 percent in 2012.
In 2010, overall tax revenue as a percentage of GDP was 17. 2 %.
Bulgaria also has the lowest personal and corporate income tax rates in the EU, as well as the second lowest public debt of all European Union member states at 16. 2 % of GDP in 2010.
Croatia has a universal health care system and in 2010, the nation spent 6. 9 % of its GDP on healthcare.
Croatian GDP in 2010 was 335. 5 billion Croatian Kuna and contracted by 1. 4 % year-on-year.
Estimated GDP per capita in purchasing power parity ( PPP ) in 2010 was around USD 19, 754 or 63. 3 % of the EU average for the same year.
GDP: purchasing power parity-$ 27. 36 billion ( 2010 est.
The contributors to the GDP by sector ( 2010 forecast ) are:
Germany spent 0. 37 per cent of its gross domestic product ( GDP ) on development, which is below the government's target of increasing aid to 0. 51 per cent of GDP by 2010.
Germany spent 0. 37 per cent of its gross domestic product ( GDP ) on development, which is below the government's target of increasing aid to 0. 51 per cent of GDP by 2010.
After a slight slowdown of economy in 2009 (- 3. 8 %) country recovered shortly with 6. 3 % GDP real growth 2010.
Already the poorest country in the Western Hemisphere with 80 % of the population living under the poverty line and 54 % in abject poverty, the earthquake inflicted $ 7. 8 billion in damage and caused the country's GDP to contract 5. 4 % in 2010.
Congress voted in 2010 to extend the legislation until 2020 under the Haitian Economic Lift Act ( HELP ); the apparel sector accounts for about 90 % of Haitian exports and nearly one-tenth of GDP.
A graph showing Italy's GDP growth from 2000 to 2010 ( including forecasts for 2011 ) compared with EU's GDP growth.
According to the EU's statistics body Eurostat, Italian public debt stood at 116 % of GDP in 2010, ranking as the second biggest debt ratio after Greece ( with 126. 8 %).
A graph which shows the current account balance of Italy (% of GDP ), from 1980 to 2010 and IMF forecasts until 2016.
As of 2010 US Military spending is about 43 % of the world total .. Only a handful of countries spent a larger portion of GDP on military in 2010 and of these only Israel, Saudi Arabia, and the United Arab Emirates spent more than US $ 10 billion.
0.091 seconds.