Browsing Tag

gross domestic product

Brazil’s economy grew 2.9% in 2022

The Brazilian Economic Activity Index (IBC) grew by 2.9 % in 2022, which is interpreted as the advance data of the Gross Domestic Product (GDP) of Brazil, which will be released in early March by the Brazilian Institute of Geography and…

China’s GDP grew by 3.9 %

China's Gross Domestic Product (GDP) registered a growth of 3.9 % in the third quarter compared to the same period of the previous year, as well as in relation to the second quarter of the year, according to data published by the National…

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…

German economy contracts 1.7 % in 2021

Germany's gross domestic product (GDP) declined 1.7 % year-on-year in the first quarter of 2021, the Federal Statistical Office (Destatis) announced today. The figure stops the growth trend registered in the last two quarters, taking into…

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…

Japan’s GDP declines after 12 years

The Gross Domestic Product (GDP) of Japan, the world's third largest economy, registered an annual contraction of 4.8 % in 2020, the first since the 2009 financial crisis, despite the 3 % expansion observed in the last three months of the…

US GDP showed an improvement of 7,4 %

The gross domestic product (GDP) of the United States grew by 7.4 % in the third quarter compared to the previous three months, when it had suffered a historical slump of 9 %, according to the first estimate of the data published by the…

IMF improves its forecast for Latin America

The International Monetary Fund (IMF) moderated its forecasts regarding the Gross Domestic Product (GDP) of Latin America and the Caribbean, going from a contraction of 9.4 % estimated in June to the current fall of 8.1 %, in line with the…