With this in mind, the table below shows real GDP growth by country in 2021, along with a comparison against 2020s numbers. Services rose 0.2%, revised from initial estimates of a 0.4% drop, due to positive contributions from human health and social work; financial and insurance; and professional, scientific, and technical activities while wholesale The Mexican economy expanded 0.9 percent on quarter in the three months to June 2022, slightly below preliminary estimates of a 1.0 percent gain and easing from a 1.0 percent growth in the previous period. 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. The GDP value of the United Kingdom represents 2.38 percent of the world economy. The French economy advanced 0.2% on quarter in Q3 of 2022, slowing from a 0.5% growth in Q2, in line with market consensus, preliminary estimates showed. With this in mind, the table below shows real GDP growth by country in 2021, along with a comparison against 2020s numbers. This Inventory changes also made a positive contribution to the GDP, while net trade was a drag as exports 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. 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%). Consumer Price Index CPI in Netherlands increased to 126.89 points in September from 123.95 points in August of 2022. This page provides - Netherlands Consumer Price Index (CPI) 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 The country's economy advanced 2.0 percent yearly, following a 1.8 The GDP value of Netherlands represents 0.76 percent of the world economy. The Australian economy advanced 0.9% qoq in Q1 of 2022, compared with market forecasts of 1.0% and after a downwardly revised 0.7% rise in Q1. The Australian economy advanced 0.9% qoq in Q1 of 2022, compared with market forecasts of 1.0% and after a downwardly revised 0.7% rise in Q1. This can make percentage growth appear higher, though in many cases economies were simply recovering from the pandemic slump. The British GDP grew 4.4% year-on-year in the second quarter of 2022, higher than an initial 2.9% rise. The US economy expanded by 5.9% in 2021, higher than initial estimates of a 5.7% rise. This page provides - Switzerland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. This was the third straight quarter of growth, marking the first full quarter of reopened domestic and international borders since the pandemic began. Russias gross domestic product shrank by 4.1% year-on-year in Q2 2022, more than preliminary estimates of a 4% contraction amid the fallout from the Russia-Ukraine war and associated international sanctions. 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. 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 GDP Growth Rate in Turkey averaged 1.16 percent from 1998 until 2022, reaching an all time high of 16.40 percent in the third quarter of 2020 and a record low of -10.80 percent in the second quarter of 2020. The Gross Domestic Product (GDP) in Singapore expanded 1.50 percent in the third quarter of 2022 over the previous quarter. Meanwhile, fixed investment expanded less (0.2% vs 3.0% in Q1). The Gross Domestic Product (GDP) in Turkey expanded 2.10 percent in the second quarter of 2022 over the previous quarter. The Gross Domestic Product (GDP) in Pakistan was worth 346.34 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Pakistan represents 0.26 percent of the world economy. 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 page provides - Singapore GDP Boston Snow Indicator: A market theory that states that a white Christmas in Boston will result in rising stock prices for the following year. On the other hand, household consumption showed no growth (vs GDP Growth Rate in Turkey averaged 1.16 percent from 1998 until 2022, reaching an all time high of 16.40 percent in the third quarter of 2020 and a record low of -10.80 percent in the second quarter of 2020. The economy of the European Union is the joint economy of the member states of the European Union (EU). 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. The 2020 drop was also revised from an initial 3.4% contraction, as the pandemic recession was not as bad as initially expected. The Indian economy expanded 13.5% year-on-year in the second quarter of 2022, the most in a year but less than market forecasts of 15.2%. Saudi Arabias gross domestic product advanced 12.2 percent year-on-year in the second quarter of 2022, higher than the preliminary estimates of 11.8%, and accelerating from a 9.9 percent growth in the previous quarter. It is calculated without making deductions for depreciation of OECD GDP growth slows sharply in the first quarter of 2022 . Libya experienced the highest growth rate of 177.3%. The British economy unexpectedly expanded 0.2% on quarter in the April-June 2022 period, better than initial estimates of a 0.1% contraction. Also, government GDP Annual Growth Rate in the Euro Area averaged 1.59 percent from 1995 until 2022, reaching an all time high of 14.60 percent in the second quarter of 2021 and a record low of -14.60 percent in the The GDP value of Germany represents 3.16 percent of the world economy. 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. 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 Also, non-oil activities grew by 8.2 The expansion continued to be driven by the non-oil sector (+4.77%), with main positive contributions from information and communication; finance and insurance; transportation; agriculture and This page provides - Singapore GDP The country's economy advanced 2.0 percent yearly, following a 1.8 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. Netherlands Population Clock. The Gross Domestic Product (GDP) in Singapore expanded 1.50 percent in the third quarter of 2022 over the previous quarter. GDP Growth Rate in New Zealand averaged 0.64 percent from 1987 until 2022, reaching an all time high of 13.90 percent in the third quarter of 2020 and a record low of -9.90 percent in the second quarter of 2020. 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. The Taiwanese economy expanded 4.10 percent year-on-year in the third quarter of 2022, beating market forecasts of a 3.2 percent advance and accelerating from a 3.05 percent expansion in the previous quarter, according to preliminary figures. Aggregates are based on constant 2010 U.S. dollars. It is calculated without making deductions for depreciation of This page provides - Zimbabwe GDP Annual 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. GDP Growth Rate in Turkey averaged 1.16 percent from 1998 until 2022, reaching an all time high of 16.40 percent in the third quarter of 2020 and a record low of -10.80 percent in the second quarter of 2020. This 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. GDP Annual Growth Rate in the Euro Area averaged 1.59 percent from 1995 until 2022, reaching an all time high of 14.60 percent in the second quarter of 2021 and a record low of -14.60 percent in the Aggregates are based on constant 2010 U.S. dollars. GDP Annual Growth Rate in South Korea averaged 7.06 percent from 1961 until 2022, reaching an all time high of 20.80 percent in the fourth quarter of 1969 and a record low of -7.30 percent in the second quarter of 1998. The GDP value of Germany represents 3.16 percent of the world economy. Netherlands Population 2022 (Live) Show Source. 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. Meanwhile, fixed investment expanded less (0.2% vs 3.0% in Q1). The European Union's GDP estimated to be around $16.6 trillion It is the strongest growth rate since 1984 and compared with a record 2.8% percent contraction in 2020. Inventory changes also made a positive contribution to the GDP, while net trade was a drag as exports The British GDP grew 4.4% year-on-year in the second quarter of 2022, higher than an initial 2.9% rise. Netherlands Population Clock. 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. The Gross Domestic Product (GDP) in Singapore expanded 1.50 percent in the third quarter of 2022 over the previous quarter. Netherlands Population 2022 (Live) Show Source. 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. Still, it is the smallest growth rate in five quarters. 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 accumulation of business inventories contributed the most to growth, seen in both in non-farm and farming inventory investments. It was the strongest growth in the GDP since the third quarter 2011, led by a 22.9 percent surge in oil activity. Libya experienced the highest growth rate of 177.3%. Annual percentage growth rate of GDP at market prices based on constant local currency. The GDP per Capita in South Africa is equivalent to 46 percent of the world's average. 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 the strongest growth rate since 1984 and compared with a record 2.8% percent contraction in 2020. GDP Annual Growth Rate in South Korea averaged 7.06 percent from 1961 until 2022, reaching an all time high of 20.80 percent in the fourth quarter of 1969 and a record low of -7.30 percent in the second quarter of 1998. 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). Consumer Price Index CPI in Netherlands increased to 126.89 points in September from 123.95 points in August of 2022. This page provides - Netherlands Consumer Price Index (CPI) Household consumption rose further (2.2% vs 2.2% in Q1), led by spending The GDP in Canada expanded by 0.8 percent on the quarter during the three months leading to June 2022, equaling the growth rate from the previous period to mark four consecutive quarters of growth. 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%). Services rose 0.2%, revised from initial estimates of a 0.4% drop, due to positive contributions from human health and social work; financial and insurance; and professional, scientific, and technical activities while wholesale 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. 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. 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 GDP in Netherlands averaged 390.30 USD Billion from 1960 until 2021, reaching an all time high of 1018.01 USD Billion in 2021 and a record low of 12.28 USD 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. On a quarterly basis, however, the government sees the Russian economy returning to growth in late 2022 or 2023. GDP Annual Growth Rate in the United Kingdom On the other hand, household consumption showed no growth (vs All three major sectors, including the primary, manufacturing, and services, expanded 0.9 percent. The British GDP grew 4.4% year-on-year in the second quarter of 2022, higher than an initial 2.9% rise. 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. This page provides - Switzerland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 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 The GDP value of the United Kingdom represents 2.38 percent of the world economy. This was the second straight quarter of expansion, supported by domestic demand and robust fixed investment. This page provides - Zimbabwe GDP Annual Netherlands Growth Rate. 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. The Gross Domestic Product (GDP) in Pakistan was worth 346.34 billion US dollars in 2021, according to official data from the World Bank. This page provides the latest reported value 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. Final consumption expenditure grew by 1.7 Boston Snow Indicator: A market theory that states that a white Christmas in Boston will result in rising stock prices for the following year. Services rose 0.2%, revised from initial estimates of a 0.4% drop, due to positive contributions from human health and social work; financial and insurance; and professional, scientific, and technical activities while wholesale GDP Growth by Country. The country This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. This can make percentage growth appear higher, though in many cases economies were simply recovering from the pandemic slump. 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. 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. 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. 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. Also, non-oil activities grew by 8.2 GDP in the United Kingdom averaged 1290.78 USD Billion from 1960 until 2021, reaching an all time high of 3186.86 USD Billion in 2021 and Household consumption rose further (2.2% vs 2.2% in Q1), led by spending 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. The economy of the European Union is the joint economy of the member states of the European Union (EU). 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. 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. 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. The Taiwanese economy expanded 4.10 percent year-on-year in the third quarter of 2022, beating market forecasts of a 3.2 percent advance and accelerating from a 3.05 percent expansion in the previous quarter, according to preliminary figures. 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. GDP Annual Growth Rate in the United Kingdom Household consumption rose further (2.2% vs 2.2% in Q1), led by spending 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. 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. The Gross Domestic Product (GDP) in Netherlands was worth 1018.01 billion US dollars in 2021, according to official data from the World Bank. Saudi Arabias gross domestic product advanced 12.2 percent year-on-year in the second quarter of 2022, higher than the preliminary estimates of 11.8%, and accelerating from a 9.9 percent growth in the previous quarter. The Gross Domestic Product per capita in South Africa was last recorded at 5864.82 US dollars in 2021. The Gross Domestic Product (GDP) in Germany was worth 4223.12 billion US dollars in 2021, according to official data from the World Bank. 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. This page provides the Annual percentage growth rate of GDP at market prices based on constant local currency. The British economy unexpectedly expanded 0.2% on quarter in the April-June 2022 period, better than initial estimates of a 0.1% contraction. The Gross Domestic Product per capita in South Africa was last recorded at 5864.82 US dollars in 2021. The GDP value of the United Kingdom represents 2.38 percent of the world economy. GDP Annual Growth Rate in the Euro Area averaged 1.59 percent from 1995 until 2022, reaching an all time high of 14.60 percent in the second quarter of 2021 and a record low of -14.60 percent in the The Gross Domestic Product (GDP) in Pakistan was worth 346.34 billion US dollars in 2021, according to official data from the World Bank. The US economy expanded by 5.9% in 2021, higher than initial estimates of a 5.7% rise. GDP in Netherlands averaged 390.30 USD Billion from 1960 until 2021, reaching an all time high of 1018.01 USD Billion in 2021 and a record low of 12.28 USD The GDP value of Germany represents 3.16 percent of the world economy.