Rappler's latest stories on gross domestic product
Quick economic rebound possible for France – stats office
France's statistics office INSEE issues a more optimistic forecast for the country's economy in 2020
South Africa economy contracts 2% in Q1 2020
Mining and manufacturing are the biggest drags on South Africa's overall economic activity in the 1st quarter of 2020
UK economy suffers worst quarterly slump since 1979
The British government revises the gross domestic product contraction in the 1st quarter of 2020 to 2.2%, from the initial 2%
Argentina economy tanks in April 2020 as virus bites
Argentina's gross domestic product falls by over 26% in April 2020, with construction the worst-hit industry
Vietnam economy unexpectedly expands, bucking global plunge
Vietnam's gross domestic product rises by 0.36% in the 2nd quarter of 2020, the lowest growth since 1991 but still better than expected
Coronavirus drives Philippines toward recession as Duterte's 4th year ends
The Philippines misses its full-year growth rate target for 2019 despite performing well in the 2nd half. Then the coronavirus causes a deep plunge.
Bangko Sentral sees sharper GDP contraction in Q2 2020
Bangko Sentral ng Pilipinas Governor Benjamin Diokno says the country's gross domestic product is seen to contract by 5.7% to 6.7% in the second quarter due to the adverse impact of the coronavirus pandemic
Tunisia premier says virus-hit economy to contract 6% in 2020
'All state enterprises are in bankruptcy,' Tunisian Prime Minister Elyes Fakhfakh tells parliament
South Africa says economy to shrink 7.2%, deepest slump in 90 years
The South African economy could suffer its worst contraction in 90 years due to the coronavirus pandemic
Switzerland facing 6% contraction in 2020 – central bank
The Swiss National Bank predicts Switzerland's economy would suffer its 'strongest decline since the oil crisis in the 1970s'
Sweden sees first 'positive signals' for virus-hit economy
The Swedish government now expects the economy to shrink by 6% in 2020, instead of by around 7% as earlier projected
New Zealand takes biggest economic hit in 29 years
New Zealand's gross domestic product shrinks 1.6% in the 1st quarter of 2020, the biggest fall since early 1991
Chile central bank predicts worst GDP fall in 35 years
The Central Bank of Chile predicts the country's gross domestic product would shrink by 5.5% to 7.5% in 2020
Virus-hit Peru GDP plummets 40% in April 2020
Mining production falls sharply in Peru, one of the world's largest producers of copper, gold, and silver
UK economy shrinks a fifth on virus lockdown
Britain's gross domestic product nosedives by a record 20.4% in April 2020
Virus cuts G20 GDP by record 3.4% in 1st quarter – OECD
The steepest declines come in China, France, and Italy, which were among the first countries to impose drastic lockdowns against the coronavirus
Japan economy better than feared but still in recession
Japan's gross domestic product contraction in the 1st quarter of 2020 is revised from 0.9% to 0.6%
Switzerland economy shrinks 2.6% in Q1 2020
The Swiss service sector is particularly affected by business closures and restrictions in the 1st quarter of 2020
Australia heading for recession after economy contracts
Australia's gross domestic product shrinks 0.3% in January-March 2020. It is now on track to enter its first recession since 1991.
Canada's economy shrinks 8.2% in Q1 2020
The drop in Canada's gross domestic product in the 1st quarter of 2020 is the sharpest since the 1st quarter of 2009
India quarterly growth worst in 2 decades as lockdown bites
India, Asia's 3rd largest economy, expands by just 3.1% in January-March 2020
Brazil GDP shrinks 1.5% in Q1 2020 due to pandemic
The 1st quarter drop in Brazil's gross domestic product only reflects the early effects of the coronavirus crisis, with 2nd quarter numbers expected to be much worse
Russian economy seen to shrink 9.5% in Q2 2020
After sluggish growth in the 1st quarter of 2020, Russia expects its 2nd quarter gross domestic product to plummet as coronavirus restrictions bite
Russia Q1 2020 economic growth slows to 1.6%
This is lower than the Russian economy ministry's forecast of 1.8%. But the 2nd quarter figure is expected to be much worse as the full impact of the coronavirus lockdown is felt.
Thailand's economy contracts for first time since 2014
Thailand suffers a 1.8% contraction in gross domestic product in the 1st quarter of 2020
Japan slides into recession – with forecasts of worse to come
Japan, the world's 3rd largest economy, contracts by 0.9% in the 1st quarter of 2020
Virus pushes Germany into recession
The German economy shrinks by 2.2% in January-March 2020, the worst quarter-on-quarter decline since the global financial crisis in 2009
UK economy shrinks on coronavirus
Britain's gross domestic product contracts 2% in the 1st quarter of 2020, with the economy 'in freefall'
Malaysia records slowest growth since 2009 due to virus
Malaysia's gross domestic product grows 0.7% in January-March 2020, the worst figure since 2009 but better than gloomy forecasts of contraction
UK economy to plunge 14% in 2020 on virus, warns Bank of England
Bank of England Governor Andrew Bailey says the government's soon-to-be-announced decision on lockdown restrictions 'will shape the path by which the economy is brought back into action'
Philippine economy shrinks for first time in 22 years
(UPDATED) The Philippines' gross domestic product contracts by 0.2% in the 1st quarter of 2020, with officials and analysts fearing that the worst is yet to come
Indonesia economy sees weakest growth in almost 2 decades
Indonesia, Southeast Asia's biggest economy, grows 2.97% in January-March 2020. It is the worst rate since 2001.
Australia 'losing $2.5 billion a week' in virus shutdown
Australia's gross domestic product is expected to fall 10% in the 2nd quarter of 2020
Hong Kong economy shrinks record 8.9% in Q1 2020
This is the worst decline in gross domestic product since the Hong Kong government began compiling data in 1974
Croatia's economy seen to shrink by 9.4% in 2020
It would be the 'biggest annual fall since the war' in the 1990s when Croatia declared independence from Yugoslavia, says Croatian Prime Minister Andrej Plenkovic
Italy faces record recession as pandemic bites
Italy estimates that its gross domestic product would contract by 8% in 2020, but this could be up to 10% if the impact of the coronavirus pandemic persists
Virus lockdown measures hammer EU economy in Q1 2020
The European Union suffers its sharpest quarter-on-quarter drop in gross domestic product since statistics agency Eurostat began compiling the figures in 1995
France in recession as virus-hit economy shrinks 5.8%
France's economy registers its worst quarterly performance since the Insee statistics agency began charting French gross domestic product in 1949
Decade of U.S. growth ends as Fed warns of more virus hardship ahead
(3rd UPDATE) The United States suffers its biggest decline in gross domestic product in 12 years due to the coronavirus
South Korean economy shrinks 1.4% over coronavirus
With the coronavirus pandemic, South Korea posts its biggest decline in gross domestic product since the 2008 global financial crisis
China suffers historic contraction as virus paralyzes economy
China's gross domestic product falls 6.8% in January-March 2020, marking the first contraction since the government began logging quarterly performance in the early 1990s
UK GDP could 'fall 13%' in 2020 as virus death toll climbs
(UPDATED) The Office for Budget Responsibility warns that the impact of the coronavirus pandemic would be a bigger shock to the United Kingdom economy than the 2008 financial crisis
France warns of 8% GDP drop in 2020 after lockdown extension
With France's coronavirus lockdown extended until May 11, the economic impact is seen to be even worse than initially projected
Singapore GDP contracts sharply, in warning for virus-hit global economy
(UPDATED) Export-reliant Singapore is now heading for a deep recession in 2020 after shrinking 2.2% in the 1st quarter
Coronavirus seen to make Philippines miss 2020 GDP growth target
Socioeconomic Planning Undersecretary Rosemarie Edillon says the Philippines' gross domestic product growth may fall within the 5.5% to 6.5% range in 2020
South Africa slips into 2nd recession in 2 years
(UPDATED) South Africa remains dogged by high and rising debt, low growth, and soaring unemployment
Japan suffers worst economic slump in 5 years
Japan's gross domestic product shrinks in October-December 2019, suffering the biggest contraction since the 2nd quarter of 2014
Hong Kong economy shrinks for first time in a decade
The United States-China trade war and months of protests take their toll on Hong Kong's economy in 2019
[ANALYSIS] Why did Philippine growth drop to an 8-year low?
Why is there disappointing growth, given the country's potential? Let's talk about lower investments and the weakening of industry.
Philippines misses GDP growth target for 2019
(UPDATED) GDP growth picks up in the 4th quarter of 2019, but the impact of the budget impasse proves to be too much as the overall target is not met
