Recessions can last for months or years, depending on how drastic the economic downturn is. For example, the 2020 recession technically only lasted for two months, the shortest on record, while the Great Recession between 2007 and 2009 lasted 18 months. ...
In the post World War II boom years, US Real GDP grew as high as 12.8% in a year, but in the late 20th century 0-5% growth was more the norm. Report Gross Domestic Product (GDP) Category GDP Region United States Source Bureau of Economic Analysis Stats Last Value 23.40T Latest ...
Despite occupying the top two positions for overall GDP (see chart above), the GDP per capita is vastly different between China and the United States. According to theWorld Bankand the Organisation for Economic Co-operation and Development (OECD) National Accounts data, the United States' GDP pe...
China's economy has grown rapidly for decades. The central growth trend has slowed notably in recent years, however, amid a real estate downturn, a regulatory crackdown on large privately-owned companies, and a policy preference for state-owned enterprises. The absence of a social safety net ha...
its growth rates have been decreasing. If in the 50’s and 60’s the average growth rate was above 4 percent, in the 70’s and 80’s dropped to around 3 percent. In the last ten years, the average rate has been below 2 percent and since the second quarter of 2000 has never reach...
Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest. Read more ...
Japan Inflation Rate Highest in Near 2 Years Japan Imports Rise Less than Estimated Latest Moody's Upgrades Kenya's Outlook to Positive S&P Cuts Romania's Credit Ratings Outlook to Negative Moody's Raises Argentina's Rating for First Time in 5 Years ...
a这是中国历年的GDP走势图 This is the Chinese all previous years GDP trend chart[translate]
The news comes as the Communist Party leaders are meeting in Beijing on Monday for the third plenum, a meeting held every five years, to discuss an economic plan. Observers waiting to see if further stimulus measures will be announced.
The average growth rate in private real quarterly GDP since 2000 has been 1.76%, so the private sector of the U.S. economy expanded in the first quarter of 2012 at twice the average rate over the last 12 years (see chart). And going back to 1947, private real GDP has grown at an ...