With actual GDP growth far below the economy's growth potential, the unemployment rate should be rising and wage growth should be decelerating. |
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These are huge projects that will consume enormous amounts of copper and steel over the next decade, even if global GDP growth slows. |
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Some of the multilateral agencies are not just focusing on GDP figures at this point. |
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The Budget only constitutes approximately 1.25 per cent of GDP of the EU as a whole. |
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The least important were the unemployment rate, inflation, the money supply and the GDP growth rate. |
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We want to be able to compute various per capita measures, such as GDP per capita and real disposable personal income. |
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I am informed that in fact the net tax burden is 32 percent of GDP excluding rates, or 34 percent including rates. |
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The euro area accounts for some 15 per cent of global GDP with a total population of 292 million. |
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Figure 4 shows five-year moving averages of the mean absolute value of the ratio of the current account balance to GDP for twelve countries. |
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What rate of GDP expansion would today be necessary to balance the California budget? |
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Instructions for joining and information about the GDP can be found on their web site. |
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I don't know offhand, but if you do not adjust for inflationary effects and the GDP you are whistling in the wind. |
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Our income tax receipts currently account for 8 per cent of GDP approximately. |
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Set against estimates of the infrastructure needed to sustain GDP growth at about 8 per cent, the sum is trifling. |
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Aid as a share of GDP is the yardstick that is typically used for international comparisons. |
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A developing country generally spends less of its GDP on government than an industrial nation, because it can't afford to. |
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The former requalified at the end of the programme as its GDP continued to decline. |
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But the GDP data plus monthly numbers suggest that companies are still having a hard time restocking their shelves. |
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The IMF presenter demonstrated a strong linkage between the level of per capita GDP and the poverty rate. |
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We can use the misery index as an indicator, and augment it by subtracting the annual rate of real GDP growth. |
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That sum is the equivalent to the entire GDP of all the countries in question. |
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The monthly data indicate that real GDP fell by at least that amount in the third quarter. |
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Along with financial disintermediation, investment relative to GDP declined over time. |
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Even if the monthly data for November and December look good, a weak GDP showing is already baked in the cake. |
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According to Greenpeace, the ratio of power consumption to GDP in Bulgaria is nine times the average level in Europe. |
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He recently called for the nation's debt ceiling to be raised from 15 percent of the GDP to 25 percent. |
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By just about every standard, from GDP growth to consumer confidence, the U.S. economy is in the midst of a torrid turnaround. |
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More to the point, GDP makes for a politically attractive but economically irrelevant denominator. |
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With these types of economic freedoms many people will jump on the bandwagon and the projected GDP growth figures are very likely to be met. |
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The bank rate was kept stable at 6 per cent and the GDP growth rate for 2004-05 was projected at 6.5-7 per cent. |
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Even if short-term inhibition of GDP growth is on occasions necessary, growth foregone is nevertheless the very essence of social misfortune. |
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Justin, one of the things that amazes me is you heard Elaine Chao say this economy's at full bore, 7.2 percent GDP growth for the third quarter. |
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As the dollar has tumbled it has artificially driven up the price of the Euro, and set the whole GDP of Euroland into freefall. |
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As a result, investment plus consumer durables actually increased as a percent of GDP despite a clear-cut inward shift in the demand curve. |
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Well, as I hope you now understand from the foregoing, GDP growth is extremely well correlated with CO2 emissions. |
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The actual result was the decline by a third of Gaza's GDP, structural unemployment rates of between 25-30 per cent and the second Intifada. |
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He said that real GDP was projected at just over six per cent in 2004, because of the continued strong performance of the energy sector. |
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The idea was to reduce dramatically the sovereign debt to GDP ratio, Schiff said. |
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There had been growth of five percent of GDP for four years, in spite of the worldwide slowdown. |
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To make the proposed stabilisers automatic, they can be linked to GDP forecasts. |
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Interestingly, many within the bullish camp argue that money supply growth is in no way excessive, especially when compared to GDP growth. |
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An increase in taxation of even 2.5 per cent of GDP does not look like a terrible impost on people who are to be so much better off than we are today. |
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A bar chart showing quarterly GDP growth resembles the teeth of a saw, not a picket fence. |
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Taking into account inflation, GDP growth, and other economic variables, the Yalies predict that the president will garner 58.3 percent of the vote. |
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But given the measurement error inherent in calculating GDP, this is very nearly a distinction without a difference. |
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Similarly, his call for capping spending at 20 percent of GDP also would mean deep cuts in safety-net programs. |
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Suppose that the Argentine government issued perpetual bonds that paid an annual dividend equal to one ten-billionth of Argentine GDP, payable in pesos. |
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One way of answering the question is to look at trendline growth in GDP compared to the anticipated size of any looming recession. |
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In the first quarter of 2014, GDP shrunk 2.9 percent and most of the reason is because health-care spending declined. |
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By 2017 the International Monetary Fund predicts, the GDP of China will overtake that of the United States. |
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Focusing directly on happiness, rather than GDP growth, would suggest policies such as a shorter work week and discouraging casualisation of the workforce. |
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Sovereign debt for the group amounted to 30 per cent of GDP in 1986, partly because the rescheduling process involved provision of additional loans to prevent default. |
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The crucial functions of childcare, elder care, other home-based tasks, and volunteer work in the community go completely unreckoned in the GDP because no money changes hands. |
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It is also in recognition of the importance of Namibia's fisheries sector in terms of GDP contribution, balance of trade and employment opportunities. |
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It is measured by league-tables of output, by comparative GDP figures and by productivity measurements published each week in the back of the Economist. |
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Today, even in the slough of a prolonged depression, it's still the second biggest economy in the world, with a GDP as large as Britain's, France's and Germany's combined. |
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The rate of GDP growth can decelerate and even shift into reverse in those countries in which the rate of workforce decline exceeds productivity growth. |
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Instead of a boring long-winded explanation, let's just leave it by saying that the real GDP is the actual GDP minus the growth attributed to inflation. |
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Because the IT sector, by the year 2000, accounted for roughly half of U.S. GDP growth, the nosedive in IT growth slashed the growth rate of the overall economy. |
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The deficit is down to 2.8 percent of GDP, from a high of 10.1 percent in the wake of the meltdown. |
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In 1990, Ireland's GDP per head was 75 per cent of Belgium's but such has been the helter-skelter of the 1990s, we are now almost ten per cent richer. |
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The EU estimates that the black economy accounts for around 20 per cent of the GDP in several countries, while the figure for other countries is put at 30 per cent. |
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But in the 17 years in which in the NFC team ran up 30 points or more, GDP growth averaged 3.2 percent. |
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In the 11 years when the NFC team scored 14 points or less, GDP growth averaged just 2.7 percent. |
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According to USDA economic statistics, over the next 20 years U.S. share of world GDP will shrink from 26 percent to 22 percent. |
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This, according to the party, would be achieved by increasing non-personal taxes by 0.5 per cent of GDP per annum and may involve raising corporation tax to 15 per cent. |
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The big area where I personally went wrong was in estimating GDP growth. |
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There is no reason to think other large single-currency areas, such as China, pay any smaller cost in terms of overall GDP inhibition and regional disparity. |
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The GDP deflator, an overall price index, fell 3.5 percent from a year earlier, the sharpest ever drop, adding to the deflationary problems dominating the Japanese economy. |
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And the public, which was also suffering through high inflation and anemic GDP growth, had had enough. |
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Well, a lot of it has to do with how GDP is calculated and an anomalously high reading in the third quarter. |
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Goa has the highest GDP per capita among all Indian states, that is two and a half times that of the country. |
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Typical growth rates are one to three times GDP with prices over a dollar per pound. |
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Many theorists have noted that this increase in global GDP over time coincides with the emergence of the modern world capitalist system. |
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Implicitly in this model rich countries are those that have invested a high share of GDP for a long time. |
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It has the highest GDP per capita of any English county and some of the highest property values outside Inner London. |
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Surrey has the highest GDP per capita in the UK and the highest cost of living in the UK outside of the capital. |
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The rise in GDP in 2004-06 was undergirded by substantial gains in labor productivity. |
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The GDP report profits the broadest barometer of economic performance. |
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Instead, Zairians experienced a massive drop in per capita income as inflation rose and the GDP growth rate fell. |
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For correlation analysis, number of publications, population size, and GDP were log transformed to linearise these associations. |
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The fiscal plan will help keep the national debt, now around 10 percent of GDP, manageably low. |
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Moody's sovereign rating analyst Atsi Sheth said said that the GDP forecast hinges on three parameters. |
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This differs from the typical potential GDP, which is merely an exacerbation of misallocated resources. |
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This is nothing to cerebrate, although considering disparities in GDP and income per capita among Latin American countries, it's understandable. |
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But by 1920, American per-capita GDP exceeded that of the British isles. |
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As a consequence, growth in the model can occur either by increasing the share of GDP invested or through technological progress. |
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In 1991, the United States switched from using GNP to using GDP as its primary measure of production. |
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The economy of England is the largest part of the UK's economy, which has the 18th highest GDP PPP per capita in the world. |
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Eurostat data shows the GDP of Inner London to be 232 billion euros in 2009 and per capita GDP of 78,000 euros. |
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Eurostat data shows the GDP of Outer London to be 103 billion euros in 2009 and per capita GDP of 21,460 euros. |
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Liverpool is the largest local authority by populace, GDP and area in Merseyside. |
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On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. |
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These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. |
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The UK is one of the strongest EU countries in regards to GDP growth, job creation and unemployment. |
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Rent has nearly doubled as a share of GDP since 1985, and is now larger than the manufacturing sector. |
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Cornwall is one of the poorest parts of the United Kingdom in terms of per capita GDP and average household incomes. |
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On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. |
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Total GDP can also be broken down into the contribution of each industry or sector of the economy. |
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The ratio of GDP to the total population of the region is the per capita GDP and the same is called Mean Standard of Living. |
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After the Bretton Woods conference in 1944, GDP became the main tool for measuring a country's economy. |
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The history of the concept of GDP should be distinguished from the history of changes in ways of estimating it. |
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Subtracting each sector's intermediate consumption from gross output gives the GDP at factor cost. |
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Total income can be subdivided according to various schemes, leading to various formulae for GDP measured by the income approach. |
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The difference is that GDP defines its scope according to location, while GNI defines its scope according to ownership. |
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In a global context, world GDP and world GNI are, therefore, equivalent terms. |
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This would make the use of GDP more attractive for politicians in countries with increasing national debt and decreasing assets. |
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The factor used to convert GDP from current to constant values in this way is called the GDP deflator. |
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The major advantage of GDP per capita as an indicator of standard of living is that it is measured frequently, widely, and consistently. |
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It is measured frequently in that most countries provide information on GDP on a quarterly basis, allowing trends to be seen quickly. |
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It is measured consistently in that the technical definition of GDP is relatively consistent among countries. |
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It can be argued that GDP per capita as an indicator standard of living is correlated with these factors, capturing them indirectly. |
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Many environmentalists argue that GDP is a poor measure of social progress because it does not take into account harm to the environment. |
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Even GDP per capita measures may have the same downside if inequality is high. |
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In response to these and other limitations of using GDP, alternative approaches have emerged. |
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A country scores higher HDI when the lifespan is higher, the education level is higher, and the GDP per capita is higher. |
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Iran, followed by Algeria, are the economies with the largest GDP and trade outside the WTO, using 2005 data. |
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In 2015, the Indian economy was the world's seventh largest by nominal GDP and third largest by purchasing power parity. |
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Bermuda had one of the world's highest GDP per capita for most of the 20th century and several years beyond. |
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According to the CIA World Factbook, the Cayman Islands GDP per capita is the 14th highest in the world. |
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For example, in the 1980s, some commentators thought Japan would become a superpower, due to its large GDP and high economic growth at the time. |
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Compared to NEER, a GDP weighted effective exchange rate might be more appropriate considering the global investment phenomenon. |
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A debt to GDP ratio is one of the most accepted ways of assessing the significance of a nation's debt. |
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Monaco is the richest country in terms of GDP per capita in the world according to the World Bank report. |
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There exists an informal economy that is never counted as part of the official GDP figures. |
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The Agriculture sector accounts for two percent of the state's GDP and employs around three percent of its total workforce. |
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The GDP per capita was still half of that of the United States and a third of that of Britain. |
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Economic growth was rapid in the postwar era, and by 1975 Finland's GDP per capita was the 15th highest in the world. |
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Wallonia now suffers from high unemployment and has a significantly lower GDP per capita than Flanders. |
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By 1932, GDP had shrunk to less than half of what it had been in 1929, exacting a terrible toll in unemployment and business failures. |
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However, Sicily continues to have a GDP per capita below the Italian average and more unemployment than the rest of Italy. |
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Madeira is the second richest region of Portugal by GDP per capita, only surpassed by Lisbon. |
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Today Italy has the third largest nominal GDP in the Eurozone and the eighth largest in the world. |
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As a percentage of GDP, the Swedish government spends the most of any nation on research and development. |
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This is despite the fact that Portugal remains one of the countries with the lowest per capita GDP in Western Europe. |
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However, the GDP per capita of Cephalonia and Zante, 23,275 and 24,616 respectively, was much higher than the national figure. |
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Although expenditure per student is comparatively high in Japan, total expenditure relative to GDP remains small. |
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Asia has the second largest nominal GDP of all continents, after Europe, but the largest when measured in purchasing power parity. |
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It has a market economy, a relatively high GDP per capita, and a relatively low rate of poverty. |
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Austria is consistently ranked as one of the richest countries in the world by per capita GDP terms. |
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This means that were Rome a country, it would be the world's 52nd richest country by GDP, near to the size to that of Egypt. |
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Measured by GDP per capita, the Nordic countries have a higher income than the Eurozone countries. |
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Nordic foreign trade in goods, measured as the average of imports and exports, amounts to more than one fourth of GDP in the Nordic countries. |
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High budget deficits caused the 1998 Russian financial crisis and resulted in a further GDP decline. |
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When compared to countries who had a similar GDP per capita to the Soviet Union in 1928, the Soviets experienced significant growth. |
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The nominal per capita GDP is higher than those of the larger Western and Central European economies and Japan. |
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Economic growth is conventionally measured using indicators such as GDP and GNI that do not accurately reflect the growing disparities in wealth. |
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The relative contribution of agriculture to GDP has declined while exports of goods and services have increased. |
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The services sector accounts for just over half of GDP and industry, made up of mining, construction and manufacturing, is an additional quarter. |
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Service industries accounted for the largest share of GDP, especially financial services, health care and public administration. |
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By the terms of GDP per capita, the Bahamas is one of the richest countries in the Americas. |
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The Lisbon region contributes with a higher GDP PPP per capita than any other region in Portugal. |
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Mexico has the fifteenth largest nominal GDP and the eleventh largest by purchasing power parity. |
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Mexico has the 15th largest nominal GDP and the 11th largest by purchasing power parity. |
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When compared to Latin America, Puerto Rico has the highest GDP per capita in the region. |
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Urbanisation and expansion in the service sector have contributed to recent GDP growth. |
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Panama and Costa Rica have a significantly higher Human Development Index and GDP than the rest of the Central American nations. |
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Instead, the dots are spread about, showing almost no correspondence between the annual change in the GDP deflator and excess-money growth. |
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However, the deterioration of the GDP deflator in the first quarter showed that deflationary pressures remain strong. |
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One reason why durable consumption leads GDP may be the size of durable goods. |
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As a result, a significantly smaller share of the early estimates for GDP is based on trend extrapolators rather than directly on source data. |
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The main economic cost of early euroisation compared to the currency board is the loss of seignorage revenue calculated at about 2 per cent of GDP in 2000 by Nenovsky et al. |
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Enhanced by advisory support, IFC's financing will help Bai Tushum scale up its lending to SMEs, which represent 40 percent of the Kyrgyz GDP and 60 percent of all jobs. |
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I envision a cashless society where universal financial inclusion backboned on mobile devices and payment platforms has a multiplier effect on GDP growth. |
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Some of the region qualifies for Objective 1 or Objective 2 status under the Regional policy of the European Union because of its low GDP per capita. |
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Viniculture participates with around 20 percent of agriculture GDP and provides one of the most important agriculture products regarding export value in Macedonia. |
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Edmonds suggests, even in contemporary times, the incidence of child labour in Vietnam has rapidly reduced following economic reforms and GDP growth. |
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But can it be a vote-catching gimmick of the PPP rulers who are, in the first place, responsible for vitiating the business prospects and lowering the annual GDP growth. |
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For instance, the GDP excludes items counted in an earlier year to prevent double counting of production based on resales of the same item second and third hand. |
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Poor countries can become rich by increasing the share of GDP they invest. |
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The economy of Kenya is the largest by GDP in East and Central Africa. |
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After the revaluation of the markka in 1989, statistics showed that in terms Of GDP per capita, Finland was among the leading countries in the world. |
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On the other hand, some of these same authors have found a negative correlation between real gross domestic product and the GDP deflator at short forecast horizons. |
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Below is a comparison of the Regional GDP on the island of Ireland. |
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Implicitly, this growth rate is the trend in the average level of GDP over the period, which implicitly ignores the fluctuations in the GDP around this trend. |
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India's GDP growth increased under the Mughal Empire, with India's GDP having a faster growth rate during the Mughal era than in the 1,500 years prior to the Mughal era. |
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When Vietnam, Laos, Myanmar, and Cambodia joined ASEAN in the late 1990s, concerns were raised about a gap in average per capita GDP between older and newer members. |
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The crafts sector of industry is not considered a particularly active segment of the state's population with no data as to the percentage of the state's GDP it represents. |
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After Indonesia, the Phillipines and Vietnam, Myanmar is one of the top ranking countries in the ASEAN in terms of population size and GDP growth potential. |
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The economy in this area continues to grow although there has been some drop in its percentage of GDP due to drop in prices for a number of manufactured products. |
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Revenue from canal tolls continues to represent a significant portion of Panama's GDP, although commerce, banking, and tourism are major and growing sectors. |
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The tax with the least impact on real GDP is a head tax, but that is unfair and unpayable for many households, especially for those who have lost jobs. |
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Thailand ranks midway in the wealth spread in Southeast Asia as it is the 4th richest nation according to GDP per capita, after Singapore, Brunei, and Malaysia. |
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From around 1980 through at least 2011, the GDP gap, while still wide, appeared to be closing and, in some more rapidly developing countries, life expectancies began to rise. |
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Spending on education as a proportion of GDP is below the OECD average. |
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The strong economic growth helped the government to reduce the government debt as a percentage of GDP and Spain's high unemployment rate began to steadily decline. |
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Nominal consumption is obtained by multiplying real consumption by the consumer price index, while indirect taxes are multiplied by the GDP deflator. |
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It is a middle power and a major developed country with the world's fourteenth largest economy by nominal GDP and sixteenth largest by purchasing power parity. |
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Since 1990, taxes as a percentage of GDP collected by Sweden has been dropping, with total tax rates for the highest income earners dropping the most. |
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From 2008 to 2013, the country suffered 42 months of GDP recession. |
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Having a high ratio means that an important proportion of the population in working age is employed, which in general will have positive effects on the GDP per capita. |
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Various ways in which modern First World countries are often determined include GDP, GNP, literacy rates, life expectancy, and the Human Development Index. |
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In spite of fast growth in recent years, GDP per capita is one of the lowest in the world, and the economy faces a number of serious structural problems. |
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According to Eurostat, Croatia has a stable market economy and its GDP per capita in 2010 was 61 per cent of the EU average, exceeding that of four other EU member states. |
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Poland and Slovakia are the only two members of the European Union to have avoided a GDP recession during the years affected by the Great Recession. |
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Considering that a small proportion of the population, and relatively small proportion of the GDP comes from farms, many considered this expense excessive. |
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Along with Hong Kong, South Korea, and Taiwan, Singapore is one of the original Four Asian Tigers, but has surpassed its peers in terms of GDP per capita. |
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Compared to the previous 5 years of exponential increases in patent application, this stagnation correlates to the similar drop in GDP during the same time period. |
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It ranks highly in several measures of socioeconomic performance, including average wage, human development, per capita GDP, and productivity per person. |
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Ever since the development of GDP, multiple observers have pointed out limitations of using GDP as the overarching measure of economic and social progress. |
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We would see that the country's GDP had realistically increased 50 percent over that period, not 200 percent, as it might appear from the raw GDP data. |
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Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. |
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Remittances are a large share of the GDP of many developing countries. |
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Studies show that the elimination of barriers to migration would have profound effects on world GDP, with estimates of gains ranging between 67 and 147 percent. |
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One way of doing this is by using the country's GDP deflator. |
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But if one country's GDP is converted into the other country's currency using PPP exchange rates instead of observed market exchange rates, the false inference will not occur. |
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The size of London's economy makes it the largest city by GDP in Europe. |
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Moreover, the UK spends far more than the US on the welfare state as a percentage of GDP and also spends more than Spain, Portugal, or the Netherlands. |
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It presents a series of Aon Benfield cartogram maps illustrating global demographic concentrations for population, GDP, wealth and insurance penetration. |
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Through a simple sum of the former three rates, minus year-on-year per capita GDP growth, I constructed a misery index that comprehensively ranks 89 countries based on misery. |
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Despite the commodities boom of the last decade, its industrial output relative to GDP is no higher than it was when the effort to create a BRICS bloc began. |
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To reenergize, to strike lightning on your city's GDP growth, its brain gain, its quality job creation, its vitality, and its future prosperity, don't expect national answers. |
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