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.
The industry accounts for roughly 12
per cent of its gross domestic product.
On the government front, net debt edged to a nine - year high of 51
per cent of gross domestic product.
In Canada social spending represents 17
per cent of Gross Domestic Product.
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.
Merchandise trade accounted for 55
per cent of gross domestic product in 2015, up from less than 30 per cent in the 1960s.
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.
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.
Currently the Panel is made up of 18 members, from which it considers to be the «main professions» However, other than architecture, represented by the Royal Institute British Architecture (RIBA), there is no mention of any construction or engineering disciplines, an industry that accounts for approximately nine
per cent of Gross Domestic Product (GDP).
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.
Ontario's net debt is expected to climb $ 20.1 billion to $ 289.3 billion this year, a stunning 40
per cent of gross domestic product.
Despite the litany of risks, economic costs were assessed to be a modest 0.2 - 2
per cent of gross domestic product.
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.»
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 federal government says the trade pact covers 495 - million people with a combined
gross domestic product of $ 13.5 trillion, or 13.5
per cent of global GDP.
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.
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.
So the broader issue concerns Iceland's ability to pay 250
per cent of its current
gross domestic product — nearly $ 20,000 for each Icelandic citizen — to settle its Landsbanki mismanagement.
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.
They generate 40
per cent of the national
gross domestic product (GDP) and 30
per cent of the state budget and employ 77
per cent of the labour force.
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.
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.
Thailand's
gross domestic product GDP growth this year is expected to rise to 1.5
per cent, according to the Bank
of Thailand (BOT) latest...
The federal government projects that the removal
of trade barriers will increase Canadian exports to South Korea by 32
per cent and boost Canada's
gross domestic product by $ 1.7 - billion.
That number registered well below the federal budget's projection that real
gross domestic product would grow by 1.2
per cent over the first three months
of 2015.
Chief economist Douglas Porter
of BMO Nesbitt Burns said the calculations would put Facebook right between 0.2
per cent and 0.3
per cent of Canada's
gross domestic product, and he's skeptical
of the figure.
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 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.
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.
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.
Flooding as a result is estimated to threaten up to 4.6
per cent of the global population and cause a loss
of 9.3
per cent of annual global
gross domestic product.
We need every country to meet the target
of allotting six percent
of Gross Domestic Product to education,» said Ms Bokova «We need to reach the overall goal
of directing 0.7
per cent of all Official Development Assistance to education.
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.
It also expects the adjustments to trim the forecast for Canada's real
gross domestic product — a measure
of economic growth — by up to 0.05
per cent over the same period.
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).
Known as a policy wonk, Campbell was profoundly affected by the 2006 Stern Review, which warned that 20
per cent of global
gross domestic product (GDP) could be lost by climate inaction.
It comes on a day when new economic data revealed Canada's
gross domestic product grew at a brisk annualized rate
of 3.9
per cent during the first quarter
of 2011.