Sentences with phrase «gdp which»

This is 79 % of GDP which is $ 14.2 trillion, this is close to the historical average.
This same 2007 budget, serviced debt with N326 billion and provided for a deficit of N0.5 trillion, an equivalent of 2.9 percent of GDP which was to be financed from proceeds of sales of government properties and domestic borrowings.
Our debt will soon surpass our GDP which is the -LSB-...]
MPs have voted 37 to three in favour of keeping defence spending at 2 % of GDP which, although it carries no legal force, will pile more pressure on the prime minister to pledge to protect the defence budget.
The move is aimed at boosting Southeast Asia's largest economy by GDP which has been growing at its slowest pace in six years because of falling commodity prices and cooling growth in major trading partner China.

Not exact matches

The GDP can help determine whether someone might invest in a mutual fund or stock because the health care industry is growing, versus a fund or stock that focuses on technology, which the GDP might say is slowing down.
A key part of the vision is to increase private investment and the growth of the private sector, which Saudi Arabia hopes will contribute 65 percent of gross domestic product (GDP) by 2030.
GDP figures are calculated and released every business quarter by the Bureau of Economic Analysis, which is part of the Department of Commerce.
-- Net debt ballooned to $ 269.2 billion for the year ending March 31 from $ 252.1 billion the previous year, leaving a debt - to - GDP ratio of 38.9 per cent, which is expected to grow to 40.3 per cent next year.
The GDP report is also a way to look at which sectors of the economy are growing and which are declining.
If GDP is slowing down, or is negative, it can lead to fears of a recession which means layoffs and unemployment and declining business revenues and consumer spending.
Forbes determines its ranking by evaluating four categories: money — which covers net worth, company revenues, assets under management, or GDP — media presence, influence, and impact.
Foreign direct investment is less than 1 percent of Saudi Arabian GDP, which is very low compared to most emerging economies, where FDI runs between 2 percent to 3 percent of GDP, according to the Institute of International Finance.
The drop — from $ 40 in December 2015 and more than $ 100 in 2014 — exacerbated solvency concerns in the North American energy sector, which accounts for about 10 % of both stock market values and GDP.
Global growth is still too slow — the planet's GDP is expected to grow by 2.4 % this year, according to the World Bank, which is actually below its 2.8 % growth in 2011.
All of that spending will have a limited effect on the province's net debt - to - GDP ratio, however, which stands at 37.1 per cent.
Rather than judge Canada's success on abstract measures, which have little meaning to average folk — GDP, productivity, trade balances — Trudeau's candidacy is built on a pragmatic mantra: «A strong economy is the one that provides the largest number of good jobs for the largest number of Canadians.»
Meanwhile, the central bank's own forecast pegs GDP growth at 2.6 per cent this year, which makes Canada one of the fastest growing economies in the developed world.
The CEO called his massive aircraft manufacturer a «big growth engine for the economy,» in which passenger traffic growth is currently outpacing the growth of the U.S. GDP.
Moscovici made much of the fact that for the first time since the euro was born in 1999, no country in 2018 will have a budget deficit over 3 percent of annual GDP — a key limit that governs the single currency and which has been flouted by many countries.
Rajiv Biswas, Asia - Pacific chief economist at research house IHS Global Insight, said the expected uptick in Japan's GDP growth this quarter will be mostly on the back of «Abenomics,» which doesn't guarantee a strong rebound.
The difference between the two approaches is a subtle one in that the central bank's current policy tool - a 101 trillion yen ($ 1 trillion) program of asset buying and lending - also expands the BOJ's balance sheet, which at a third of GDP is a bigger proportion of the economy compared with those of the U.S. and European Union's central banks.
Still, analysts argue it's the outlook that investors should pay attention to, which is much brighter than the latest gross domestic product (GDP) data suggest.
However, some economists believe that given the economic growth in the region — which the ECB foresees at 2.3 percent of gross domestic product (GDP) in 2018 — consumers will be able to sustain the appreciation in the currency and the ECB won't be forced to stimulate the economy.
He looked at the ONS's Annual Respondent Database, which covers 40,000 companies per year, or about 80 % of UK GDP.
Economist Mike Veall has a superb piece on the flawed methodology behind these calculations which led to the rather remarkable result that a single immigrant to Ontario is worth an extra $ 26 million in GDP.
That means that as gross domestic product (GDP) has expanded, the gains have flowed to corporate and owners» profits and to the state, which is delighted to collect higher taxes at every level of government, from property taxes to income taxes.
The Treasury's forecasts predict lost GDP growth of between 2 % and 8 % depending on which form of Brexit the UK secures.
A recent ranking in Foreign Policy magazine evaluated 75 leading cities on population and GDP growth, indicating which would be the most dynamic by 2025, and only one was Canadian: Toronto, at 52nd.
If you add up the GDP figures issued by the provinces, the sum is 10 % higher than the figure ultimately issued by the national government, which in itself is tweaked to hit politicized targets.
This shows up in the national accounts as a divergence between GDP, which is a measure of production, and Gross Domestic Income, which tracks aggregate income.
We would say the US is growing faster than its real potential GDP, which ultimately leads to a bit of an uptick in inflation, but at the moment we remain pretty optimistic.
Moreover, the Internet's contribution to Canada's GDP is expected to grow to 3.6 % by 2016, at which point the country will be even further behind the expected average of 5.3 %, sliding to 12th.
«One could argue that the global weakness this year has had some real effect on US trade, which has fallen on a trend basis to a lowly -0.55 % contribution to topline GDP,» writes Porcelli.
Military rule will certainly not improve the nation's 8 % - of - GDP budget hole or its 72 % - of - GDP debt load, which is already well beyond the point that pushed Argentina to default on its international debt obligations back in 2001.
To do that, economists say Chinese household spending, which sits at about 35 % of GDP, has to rise above 50 % — which can't happen overnight.
He noted that the more a state spends, the worse its health outcomes are; the U.S, which spends 18 % of its GDP and more than any other nation, has similarly poor results.
«The declining momentum should already become apparent in the first quarter, for which we expect gross domestic product (GDP) growth of only 0.4 percent quarter - on - quarter for Germany, whereas GDP grew by 0.6 percent in the fourth quarter,» Kraemer said in a note.
But on terra firma, the public appears surprisingly resigned to accepting the need to aggressively tackle the $ 260 - billion deficit, which is 11.4 % of GDP.
That won't be enough to offset the GDP - shrinking effects of imports, which subtract from growth because they pull money out of the country.
The Rich 100 broke a number of their own records again, too: their collective net worth surged past $ 200 billion, which puts them within striking distance of the GDP of Pakistan.
The mechanics of how changes in oil prices affect the Canadian economy are a bit tricky, and you have to go beyond the standard macroeconomic framework in which there is only one good GDP.
«If you see sub-2 percent GDP, which I think right now isn't on many radars, that could be a real catalyst,» he said.
Not only would there be a huge human factor to consider in sending them back to countries with which most aren't familiar, but the cost to our economy could be staggering: According to a Center for American Progress study earlier this year, the estimated loss of DACA workers would reduce U.S. GDP by $ 433 billion over the next 10 years, with California, Texas and Illinois being hit hardest.
On Wednesday we'll learn the latest GDP reading, which is expected to have expanded at a rate of 3.2 %, and Friday morning brings the July jobs report.
What's more, if the GDP accounted for unpaid labor, (which is currently does not), the economic impact of all women refraining from all work on Wednesday would be far greater.
This is important given the impact housing has on the overall Canadian economy whereas a robust housing market increases consumer confidence which is a significant component of the nation's GDP.
GDP shrank 6.1 percent last quarter, which is pretty terrible (and worse that economists expected).
Standards of living have a long way to rise as well, with GDP per capita of just $ 3,900, which means tons of future potential.
Even the Tax Foundation, which typically is aggressive in its growth assumptions for tax cuts, said that the final bill will boost GDP growth by just 0.35 percentage point in 2018 — and that the effect would diminish in later years.
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