Sentences with phrase «cent of gross domestic product in»

Merchandise trade accounted for 55 per cent of gross domestic product in 2015, up from less than 30 per cent in the 1960s.

Goods and services exports account for 32 per cent of gross domestic product in Canada versus 13 per cent in the United States, which has the largest domestic economy in the world.

For instance, business spending on research and development has actually dropped to 0.89 per cent of gross domestic product in 2011 from 1.29 per cent 10 years earlier.

Not exact matches

The 0.4 per cent growth rate for the gross domestic product, the economy's total output of goods and services, was the weakest quarterly performance in almost two years and followed a much faster 3.1 per cent increase in the third quarter.

The 7/22 FT reported: «Across countries that use the euro, average debt to gross domestic product reached 92.9 per cent in the first quarter of 2015, up from 92 per cent in the previous quarter and 91.9 per cent in the same period last year, according to figures from Eurostat, the EU's statistical agency.»

The Ottawa - based agency says gross domestic product was essentially unchanged, at 0 per cent growth in July compared with June, which marked the eighth month in a row of GDP growth.

Bartlett said gross domestic product output likely fell by about 1.0 per cent in the first three months of 2015 and by 0.6 per cent in the second quarter.

In Canada social spending represents 17 per cent of Gross Domestic Product.

Nominal gross domestic product, the broadest measure of the tax base for federal revenue, is projected to be about 6 per cent higher in 2010 than in 2009, which should impact positively on federal revenues.

The good news culminated this summer with a StatsCan report that showed gross domestic product expanded at an annual rate of 4.5 per cent in the second quarter.

After years of double - digit growth, the country's gross domestic product will expand by 6.8 per cent in 2015 and 6.3 per cent in 2016, according to the IMF.

Gross domestic product grew by 4.9 per cent in Alberta, with the oil - producing province recovering from two straight years of falling output following the collapse of oil prices.

It also confirmed it would introduce a 3 per cent tax on company dividends, increase wealth and inheritance taxes and abolish a tax «shield» — or ceiling — for the wealthy in its effort to meet its targets of cutting the budget deficit to 4.5 per cent of gross domestic product this year and 3 per cent in 2013.

The Australian Bureau of Statistics said last week that gross domestic product expanded 1.1 per cent in the first three months of the year, while year - on - year headline growth accelerated to 3.1 per cent, its fastest pace in almost four years.

Gross domestic product is now forecast to expand 3.1 per cent this year, compared with an estimate of 2.8 per cent in July, according to the central bank's new outlook.

In 1935, our federal debt as a percentage of GDP (gross domestic product) was already 75 per cent, but we did not surrender during the Second World War because Canada could not afford soldiers.

The CPTPP raises real Gross Domestic Product (GDP) for the parties as a group by about 0.075 per cent, generating economic welfare benefits of about $ 17.5 B in current Canadian dollars by 2035.

In December 2011, Minister Flaherty unilaterally announced to the provinces that the annual Canada Health Transfer escalator would be cut from 6 per cent per year to a moving average of growth in nominal gross domestic product, or would grow by at least 3 per cent per yeaIn December 2011, Minister Flaherty unilaterally announced to the provinces that the annual Canada Health Transfer escalator would be cut from 6 per cent per year to a moving average of growth in nominal gross domestic product, or would grow by at least 3 per cent per yeain nominal gross domestic product, or would grow by at least 3 per cent per year.

Corporate debt grew from 102 per cent of Chinese gross domestic product (GDP) in 2007 to 165 per cent by 2015, as the chart below shows.

In order to pay for higher pensions pay - outs, Lord Turner recommended the amount of money the government spends on the state pension increase from 6.2 per cent of gross domestic product, as it is today, to between 7.5 and eight per cent.

In 2006, NATO member countries agreed to commit a minimum of two per cent of their Gross Domestic Product (GDP) to spending on defence.

The loans provided essential capital for the reconstruction of Britain after the war - in 1950, national debt stood at twice (200 per cent) the gross domestic product (GDP) of the country.

He said it was still feasible that the budget deficit — which hit 9 per cent of gross domestic product last year — could be narrowed in line with IMF targets to between 3 and 4 per cent of GDP in 2018.

Hopes that the Nigerian economy will rebound anytime soon were on Monday dashed as the country's Gross Domestic Product growth rate slipped further to -2.24 per cent in the third quarter from the second quarter's figure of -2.06 per cent.

In his remarks, Dr Ayoola Oduntan, the president, Poultry Association of Nigeria, noted that poultry presently contributed 25 per cent of the Agricultural Gross Domestic Product of the Nigerian economy amounting to N1.6 trillion.

In the late 1960s, at the height of the Cold War space race, the Apollo programme alone received as much as 0.8 per cent of the US's gross domestic product — equivalent to more than $ 60 billion today.

Real gross domestic product rose 0.6 per cent in the first month of the year, boosted by manufacturing, retail trade and the oil and gas sector, Statistics Canada reported Thursday.

Statistics Canada said Tuesday the country's real gross domestic product grew at an annualized rate of 2.3 per cent during the three - month period that ended in September.

Canadian growth exceeded the bank's expectations and it now predicts real gross domestic product will expand at an annual rate of 2.6 per cent in 2017 — up from its January forecast of 2.1 per cent.

The federal agency said real gross domestic product fell at an annualized rate of 1.6 per cent in the three - month period, due in large part to the wildfires that destroyed parts of Fort McMurray, Alta.

The institution said Canadian gross domestic product will expand 2.8 per cent in 2017, compared with an April forecast of 2.6 per cent.

Travel and tourism is one of the largest industries in the world, supporting more than 258 million jobs worldwide and generating some 9.1 per cent in global Gross Domestic product, according to the World Travel & Tourism Council (WTTC).

According to a recent Financial Times article, construction accounts for «13 per cent of gross domestic product, and for more than one - quarter of all investment in what is the most investment - dependent economy in history.»

According to the Conference Board of Canada, the food sector represents more than nine per cent of the country's gross domestic product and 13 per cent of all employment in Canada.

As chief minister of Gujarat, Modi raised the budgetary spending on the health sector from 2.69 per cent of gross state domestic product in 2006 - 07 to 3.24 per cent by 2009 - 10.

-- In 2006, the proportion of gross domestic product spent on housing increased to 19.1 per cent compared to 18.9 per cent the previous year.

«Vietnam's gross domestic product has increased approximately eight per cent annually for the last three years, and it has a projected growth of eight to 8.5 per cent over the next several years, second only to China in the Asia Pacific region.