Economic growth by country: the latest data

* indicates monthly or quarterly data series
Economic growth in the table below is the percent change in the Gross Domestic Product (GDP) from the same quarter last year. For example, Q4 2017 economic growth is the percent change in the GDP from Q4 2016 to Q4 2017. The calculation uses constant prices, i.e. we report real GDP to capture only the percent change in the volume of goods and services produced and sold, abstracting from price changes.

The series in the table are updated daily and present the latest data published by the national authorities. The first column shows the last quarter for which data are available. The second column shows economic growth recorded a quarter ago and the last column shows economic growth a year ago.

As a general observation, economic growth averages about 2 percent across countries and time. Growth in excess of 5 percent is quite rapid while contractions, i.e. negative economic growth, of more that 5 percent are considered very steep. Over long periods of time, economic growth depends on productivity: how much output is produced given the labor and other resources in the economy. You can read about economic growth and look at data on some of its key determinants: rule of law, political stability, education, openness to trade, and freedom to do business.

In the short run, economic growth fluctuates around its long terms trend as various positive and negative influences accelerate or slow it down temporarily. Typically, economic expansions are associated with lower unemployment and higher inflation and economic recessions are associated with the opposite pattern. The business cycle is also associated with large fluctuations in investment while household consumption remains more stable.

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Countries
Latest data
from:
Latest
value
Value 3
months ago
Value 12
months ago
Q2 / 2018
4.32
4.46
4.24
Q1 / 2018
1.30
0.60
3.40
Q2 / 2018
-7.44
-4.66
-1.32
Q2 / 2018
-4.24
3.86
3.02
Q3 / 2018
2.70
7.50
4.70
Q3 / 2018
3.00
3.40
2.80
Q3 / 2018
2.20
2.70
2.50
Q1 / 2018
2.02
1.07
-0.96
Q2 / 2018
2.40
-1.24
4.97
Q3 / 2018
2.30
3.90
2.90
Q3 / 2018
1.60
1.40
1.50
Q2 / 2018
5.40
1.80
0.60
Q2 / 2018
5.80
5.50
5.40
Q1 / 2018
-0.40
0.50
1.60
Q2 / 2018
4.61
4.45
3.94
Q2 / 2018
3.40
2.00
0.90
Q1 / 2018
4.80
6.50
0.80
Q3 / 2018
1.27
0.91
1.35
Q2 / 2018
-2.80
2.50
0.20
Q3 / 2018
2.70
3.20
4.30
Q2 / 2018
6.70
6.70
7.20
Q1 / 2018
6.20
7.70
7.20
Q2 / 2018
3.91
3.66
3.82
Q3 / 2018
1.76
1.63
4.32
Q2 / 2018
5.92
3.47
1.80
Q3 / 2018
2.75
5.38
2.52
Q3 / 2018
6.50
6.70
6.80
Q3 / 2018
2.66
2.82
1.74
Q2 / 2018
3.55
2.76
3.70
Q3 / 2018
2.80
2.90
3.35
Q3 / 2018
3.69
3.92
4.60
Q3 / 2018
2.49
2.66
4.88
Q3 / 2018
2.06
0.85
0.90
Q2 / 2018
7.07
6.36
3.12
Q2 / 2018
0.92
1.62
2.07
Q2 / 2018
2.88
2.69
0.97
Q3 / 2018
4.20
3.80
3.90
Q3 / 2018
2.30
2.50
2.10
Q3 / 2018
1.47
1.66
2.71
Q2 / 2018
5.47
5.34
4.87
Q3 / 2018
1.10
2.35
2.17
Q1 / 2018
6.80
8.10
6.70
Q3 / 2018
2.38
1.48
2.37
Q2 / 2018
3.32
2.00
2.23
Q2 / 2018
6.10
5.60
5.20
Q4 / 2017
21.10
-8.21
26.52
Q2 / 2018
3.90
3.10
4.10
Q3 / 2018
2.90
3.50
3.60
Q3 / 2018
4.90
4.90
4.10
Q3 / 2018
2.60
6.70
3.40
Q3 / 2018
7.10
8.20
6.30
Q3 / 2018
5.17
5.27
5.06
Q2 / 2018
1.80
2.70
4.60
Q3 / 2018
4.93
8.72
13.23
Q3 / 2018
3.13
3.69
2.45
Q3 / 2018
0.84
1.19
1.73
Q2 / 2018
7.60
7.60
7.90
Q2 / 2018
2.20
1.40
0.10
Q3 / 2018
0.30
1.40
2.00
Q2 / 2018
2.10
1.90
2.30
Q2 / 2018
4.20
4.10
4.30
Q2 / 2018
6.30
5.70
4.70
Q2 / 2018
1.90
1.59
-7.53
Nov / 2018
3.10
-0.30
4.60
Q3 / 2018
4.70
5.30
5.50
Q3 / 2018
2.40
3.80
3.70
Q2 / 2018
3.10
3.30
0.10
Q3 / 2018
1.60
5.90
7.90
Q3 / 2018
2.96
2.98
0.12
Q3 / 2018
5.90
5.80
9.90
Q2 / 2018
4.32
9.82
6.43
Q2 / 2018
5.10
5.00
5.40
Q3 / 2018
7.54
6.24
7.59
Q2 / 2018
3.40
3.60
4.40
Q3 / 2018
2.53
2.59
1.51
Q3 / 2018
3.36
5.25
5.36
Q3 / 2018
6.40
6.30
6.00
Q2 / 2018
4.90
4.50
5.00
Q2 / 2018
2.40
3.20
4.50
Q3 / 2018
3.20
3.40
1.40
Q2 / 2018
-0.20
-0.20
-0.20
Q3 / 2018
2.40
3.10
2.80
Q2 / 2018
2.80
2.60
2.80
Q1 / 2018
2.26
4.30
7.73
Q2 / 2018
5.00
5.00
4.80
Q3 / 2018
1.76
1.46
1.20
Q3 / 2018
1.10
3.40
2.90
Q2 / 2018
-1.34
2.02
1.01
Q2 / 2018
3.07
4.24
5.40
Q2 / 2018
6.19
4.68
2.83
Q3 / 2018
2.30
5.50
2.70
Q3 / 2018
6.11
6.18
7.15
Q3 / 2018
5.70
5.20
5.50
Q3 / 2018
2.10
2.40
2.50
Q2 / 2018
2.50
2.00
0.80
Q3 / 2018
4.30
4.10
8.80
Q3 / 2018
1.54
1.94
2.18
Q2 / 2018
6.70
10.60
4.00
Q4 / 2017
0.07
-2.60
4.60
Q2 / 2018
1.61
1.15
-0.81
Q2 / 2018
6.70
6.90
6.00
Q3 / 2018
3.80
4.90
2.20
Q2 / 2018
4.90
4.60
6.55
Q3 / 2018
2.20
4.10
5.45
Q3 / 2018
4.60
4.50
3.40
Q3 / 2018
4.80
4.00
4.20
Q2 / 2018
0.40
0.80
1.20
Q3 / 2018
2.00
2.80
3.80
Q3 / 2018
2.39
2.48
2.70
Q3 / 2018
1.60
3.20
2.10
Q3 / 2018
2.41
3.46
1.65
Q3 / 2018
2.27
3.29
3.36
Q1 / 2018
7.00
7.10
6.50
Q3 / 2017
6.80
7.80
7.00
Q3 / 2018
3.30
4.60
4.30
Q2 / 2018
4.80
4.50
5.00
Q1 / 2018
3.10
-1.20
-6.00
Q2 / 2018
2.80
2.50
1.70
Q3 / 2018
1.56
5.30
11.49
Q3 / 2018
3.00
2.90
2.30
Q2 / 2018
5.02
6.22
6.46
Q3 / 2018
2.80
3.60
2.40
Q3 / 2018
1.50
1.20
1.80
Q2 / 2018
2.51
2.22
2.77
Q3 / 2018
6.88
6.73
7.46
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