KUALA LUMPUR, July 1 (Xinhua) -- The World Bank has downgraded Malaysia's economic growth this year to 4.6 percent, from 4.7 percent earlier due to weaker-than expected investment and export activity, according to its economic report revealed Monday. The World Bank said in a report, the adj...
JOHANNESBURG, July 23 (Xinhua) -- South Africa's gross domestic product (GDP) is projected to grow 0.7 percent in 2019, said International Monetary Fund (IMF) in its economic outlook report released on Tuesday. South Africa's growth rate in 2018 was 0.8 percent. IMF said it would continue...
However, by the current growthtrajectory, China’s average economic growth rate is expected to stay at approximately 3.8% over the period between 2020-2035. This makes the GDP per capita growthtarget hard to achieve. Even...
After international investment banks and financial institutions, including Morgan Stanley, Goldman Sachs, HSBC, Barclays and Natixis, upwardly revised their 2023 forecasts for China, the International Monetary Fund (IMF) also lifted its growth forecast of China's economic growth rate this year.近日，继...
1. Growth is slowing—but China is still adding the equivalent of Australia every year Economic activity weakened in 2018: Official statistics placed real GDP growth at 6.6 percent in 2018, the lowest rate since 1990. While some observers may challenge the precision of the official numbers, this...
Related information about China Real GDP Growth In the latest reports, Nominal GDP of China reached 4,166.8 USD bn in Mar 2023. Its GDP deflator (implicit price deflator) increased 0.4 % in Mar 2023. GDP Per Capita in China reached 12,732.6 USD in Dec 2022. Its Gross Savings Rate ...
China on Friday cut the market-based benchmark lending rate, the latest move to shore up the economy. The over-five-year loan prime rate (LPR), on which many lenders base their mortgage rates, fell by 15 basis points to 4.45 percent, said the National Interbank Funding Center. It represe...
BEIJING, Jan. 25 (Xinhua) -- Chinese Premier Li Keqiang said Friday that the country has full confidence and capability to keep economic growth rate within an appropriate range in 2019 despite challenges. The remarks came as Li had a discussion with some foreign experts working in China at th...
An economic growth rate is the percentage change in the value of all of the goods and services produced in a nation during a specific period of time, as compared to an earlier period. The economic growth rate is used to measure the comparative health of an economy over time. The numbers ...
Four-quarter or year-over-year growth rate: This compares a single quarter’s GDP from two successive years as a percentage. It's often used by businesses to offset the effects of seasonal variations. Annual average growth rate: This is the average of changes in each of the four quarters....