Browsing Tag

GDP

El Salvador is heading towards economic recovery

Authorities of El Salvador announced that it will be the only country in Central America that by the end of 2021 will have recovered the levels of economic activity registered before the Covid-19 pandemic. This was reported by Douglas…

GDP of the European Union presented growth of 2 %

The Gross Domestic Product (GDP) of the European Union (EU) grew at a rate of 2 % in the second quarter of the year compared to the first three months of 2021, when it had suffered a contraction of 0.3 %, according to the new estimate of…

Private job growth in the US is reduced

The US private sector generated 330,000 new jobs last July, the lowest figure since February and almost half that expected by the consensus of analysts, according to the survey carried out by the consultancy ADP. The 330,000 new jobs…

China’s GDP presented an expansion of 18.3 %

China's Gross Domestic Product (GDP) registered an expansion of 18.3 % in the first quarter of 2021 compared to the same period of the previous year, when it had suffered a contraction of 6.8 % as a result of the impact of the pandemic of…

Tourism contribution to world GDP falls by half

The World Travel and Tourism Council (WTTC) revealed through a report the figures released of the contribution that the tourism sector offers to the world Gross Domestic Product (GDP) showing a fall of 49.1 % in 2020, the half of the…

UK GDP grew 1.3 % at the end of 2020

The Gross Domestic Product (GDP) of the United Kingdom registered an expansion of 1.3 % in the fourth quarter of 2020, which represents an increase of three tenths compared to the previous estimate, according to the National Statistical…

US GDP could recover by mid-year

The Gross Domestic Product (GDP) of the United States will return to its pre-pandemic levels in mid-2021, while surpassing its potential in early 2025, according to an analysis published by the Congressional Budget Office (CBO) . The…