Looking ahead to 2025, projections suggest Hong Kong's 2025 GDP estimate could be $113.3 Billion. This Hong Kong GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 3.0%. The economy of Uruguay has grown at an average annual growth rate of 2.2% in the last four ye...
Literacy rate:98.8% (2019 est.) Economic summary:GDP/PPP(2020 est.): $75.06 billion; per capita $21,600.Real growth rate:2.7%.Inflation:7.8%.Unemployment:7.6%.Arable land:10.1%.Agriculture:soybeans, rice, wheat; beef, dairy products; fish; lumber, cellulose.Labor force(2017 est.): 1.74...
GDP - real growth rate:6.8% (2005 est.) GDP - per capita (PPP):$9,900 (2005 est.) GDP - composition by sector:agriculture:9.3% industry:31.1% services:59.6% (2005 est.) Labor force:1.52 million (2005 est.) Labor force - by occupation:agriculture:14% ...
However, the country did avoid a recession and kept growth rates positive, mainly through higher public expenditure and investment. By 2010, GDP growth reached 8.9% but then decellerated in the 2012-16 period as a result of a renewed slowdown in the global economy and in Uruguay's main ...
Uruguay Cuts Key Rate by 50bps to 8.5% Uruguay Current Account Deficit Narrows in Q4 Uruguay Economy Expands in Q4 Uruguay Jobless Rate Rises to 8.6% in October Uruguay Inflation Rate Eases The Most Since 2005 Latest Peru Lowers Interest Rate by Another 25bps ...
we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Tissue & Hygiene Paper market with projected steady growth. The main drivers are GDP per ...
Gross domestic product (GDP) growth was strong in the first half, as investment growth has decelerated following completion of the Metsa-Botnia cellulose plant in September. Inflation exceeded the upper limit of a 4.5-6.5% target range set by the Banco Central del Uruguay in the first nine ...
Contributing roughly 10% to the nation's GDP, agriculture not only employs a significant segment of the workforce but also commands a notable share of Uruguay's exports. Bolstered by a favorable climate, fertile soils, and stringent environmental standards, Uruguay has carved out a prominent ...
Real GDP contracted 3.2% mainly due to the Brazilian currency devaluation of January 1999, which hurt both Urugauay's exports and its tourist receipts. The government entered into a precautionary standby arrangement with the IMF, but in 2000, the recession eased to 1% of GDP as the government...
communications, transportation, and software services, apart from the significant increase of forestry exploitation since the 1990s, have become increasingly relevant. According to official projections, for the 5-year term 2005–09, the GDP is expected to grow at a yearly rate of approximately 5% in...