Sentences with word «gdp»

Then an investment boom took place in response to the higher prices, with investment in the resources sector reaching its highest level as a share of GDP in over a century.

Private sector economists have now revised down their forecasts of real GDP growth for 2015 by about 0.6 - percentage point.

This was based on real GDP growth of 2.0 % and nominal gross domestic product growth of 1.6 % in 2015.

Current global GDP per capita is roughly $ 9,000 per person and the global population is about 7 billion.

Most important was the dramatic decline in oil prices in 2015, which resulted in a significant reduction in nominal GDP by 2050 - 51, of nearly $ 430 billion.

The federal government continues to be on track to achieve its target debt - to - GDP ratio of 25 per cent by 2021.

Long rates are affected primarily by the rate of nominal GDP growth in the intermediate term.

The current global GDP growth rate is 3 %.

There is a potential increase in real GDP on an annualized quarterly basis of up to approximately 0.3 percentage points.

According to the release, in the third quarter real GDP grew at a seasonally adjusted annual rate of 1.5 percent, down from 3.9 percent in the second quarter.

Discount rate - The degree to which consumption now is preferred to consumption one year hence, with prices held constant, but average incomes rising in line with GDP per capita.

It takes into account life expectancy and education, two key indicators of overall well - being, as well as GDP per capita.

Overall, the national GDP increases by $ 80 — 90 billion annually, with a cumulative increase of over $ 1.3 trillion.

While the second estimate was an improvement over the initial 0.7 percent, it was far below the average 3.4 percent typical of first - quarter GDP growth over the 1950 - 16 period.

Last week's preliminary GDP report for Q1 revealed a slowdown in growth.

Western Australian state final demand has contracted for the 10th consecutive quarter, while national GDP figures grew at their fastest rate for nearly four years.

On all the available information, resources sector investment will probably rise by another 2 percentage points or more of annual GDP over the next couple of years.

The group sees world GDP advancing only 3 percent in 2016, the same as last year, with a slight bump up to 3.3 percent in 2017.

We expect the slowdown to continue into the first half of 2012, with annual GDP growth next year falling to a still - global - leading rate of around 8.5 %.

The second quarter GDP numbers showed that companies in most industries were spending, and imports of machinery and equipment — a proxy for investment — are strong.

The highest GDP estimate in 2100 is more than double the lowest estimate.

Real GDP rose by 2.8 % (annualized) in the fourth quarter of 2011 — the best showing since Q2 2010 — but still relatively weak for a recovery.

A strong Q3 GDP estimate was revised upwards, and continued strength through Q4 is expected.

Despite a weak first quarter, respondents raised their 2018 economic GDP forecast at 2.8 percent.

Second, because consumption creates a more labor - intensive demand than investment, much lower GDP growth does not necessarily equate to much higher unemployment.

Together, they produced a total GDP of $ 2.4 trillion in 2015.

The problem, of course, is there are plenty of economic activities GDP doesn't measure, and many others it doesn't measure well.

By 2030, annual tourist arrivals are expected to reach seven million and the sector's direct contribution to the economy will amount to an estimated 3.1 per cent of national GDP.

So it is surprising that the adjustments to nominal GDP decline over the medium term rather than increase as one would expect.

Chinese GDP measures aggregate growth and not productive growth, which is the more meaningful indicator.

Compare that to the expected GDP growth of 2 % or 3 % for the overall economy.

The resulting present values of income gains can be compared directly to current state GDP levels.

At the same time, those 23 policies would boost GDP by $ 134 billion, save consumers $ 5 billion and create 2.5 million new jobs.

While price level or nominal GDP targeting by monetary authorities are options, fiscal and other policies must also take on some of the burden to help sustain economic growth and stability.

There, credit has grown on average by around 1 1/2 percentage points faster than nominal GDP since 1980.

So the next couple of years are likely to see slower GDP growth and possibly a tendency to rising inflation.

That's over 100 % of projected GDP, well into the danger zone where investors demand higher rates to buy government debt.

We are optimistic about GDP growth trends across global markets and believe the likelihood of a recession remains low for most economies.

That stimulus amounted to more than $ 300 billion annually in 2009 through 2012, an amount equal to or exceeding 2.0 percent of potential GDP in each year.

A plentiful body of research has clearly shown the shortcomings of using GDP as a measurement of economic or social wellbeing.

This increases nominal GDP which increases tax receipts without a need for increased productivity or real income growth.

More than 80 % of the state's GDP comes from oil and gas production, and so increases in energy demand (as discussed above) will dramatically affect this region.

This deal, if signed, would eliminate approximately 95 % of tariffs on trade between these countries, who have a combined GDP of over $ 10 trillion USD.

Retailers, which should benefit as the infrastructure money makes its way into the overall GDP, represent a better buy right now, he argues.

The latest GDP figures showed retail sales, driven largely by sales of vehicles and parts, remain one of the only bright spots in the Canadian economy.

Last week's Q2 GDP release showed that consumption is robust, supported by «solid employment and income growth».