As of the first quarter of 2025, the GDP of the U.S. fell by 0.5 percent from the fourth quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

The Gross Domestic Product (GDP) in the United States expanded 3.80 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q2 2025 about per capita, real, GDP, and USA.

In the second quarter of 2025, the quarterly gross domestic product of the United Kingdom was approximately, 705 billion British pounds, compared with around 703 billion pounds in the previous quarter. The large dip in GDP that can be seen in the second quarter of 2020 saw the UK economy fall from 652 billion pounds to 522 billion, with more usual levels of output not recovering until well into 2021. The COVID-19 lockdowns enacted by the UK government at that time was the main reason for this large fall in GDP. Growth lagging as UK heads into 2025 After ending 2023 in recession, the UK economy started 2024 with the strongest quarterly GDP growth in several years, growing by 0.7 percent in the first quarter, and then by 0.4 percent in the second quarter. Economic growth in the second half of the year was, however, far less promising, with GDP flatlining in the third quarter, and monthly GDP shrinking by 0.1 percent in September and then again in October. Although GDP is still forecast to grow in 2025, the overall economic picture is precarious. In November, UK inflation rose to 2.6 percent, compared with just 1.7 percent in September, while the labor market continues to show signs of cooling after a period of high job vacancies and low unemployment. Labour pinning hopes on long-term growth After winning its first general election in 19 years in 2024, the Labour Government has seen its approval ratings plummet in its first few months in office. This shaky start is partly due to a government strategy of making unpopular decisions early in their tenure, which they hope will eventually encourage stable economic growth in the mid to long-term. By far the least popular policy was the withdrawal of winter fuel benefits for a significant number of pensioners, a cost-cutting measure deemed necessary due to the UK's vulnerable public finance position, with government debt at around 100 percent of GDP. A further measure introduced was a national insurance tax increase for employers, with almost half of UK firms citing increased taxes as their main external concern in Q3 2024. Avoiding any further tax rises or cuts to services will depend on if policies in other areas, such as planning reform, will kickstart the UK economy in time before the next election.

The Gross Domestic Product (GDP) in Argentina contracted 0.10 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Germany contracted 0.30 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Germany GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The industrial sector in the Philippines registered a *** percent growth rate during the fourth quarter of 2024, just slightly slower than the previous quarter. The industry sector registered its highest growth rate during the second quarter of 2020 after its contraction in the first quarter of that year.

The Gross Domestic Product (GDP) in Mexico expanded 0.60 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Mexico GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Growth Annualized in Japan increased to 2.20 percent in the second quarter of 2025 from 0.30 percent in the first quarter of 2025. This dataset provides the latest reported value for - Japan GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The services sector in the Philippines registered a *** percent growth rate during the fourth quarter of 2024, just slightly higher than the growth rate of the previous quarter. The services sector registered its highest growth rate during the second quarter of 2020 after its contraction in the first quarter of that year.

Graph and download economic data for Real Potential Gross Domestic Product (GDPPOT) from Q1 1949 to Q4 2035 about projection, real, GDP, and USA.

The UK economy grew by 0.3 percent in the first quarter of 2025, compared with 0.7 percent growth in the previous quarter. After ending 2023 in recession, the UK economy grew strongly in the first half of 2024, growing by 0.9 percent in Q1, and 0.5 percent in Q2, with growth slowing in the second half of the year. In the third quarter of 2020 the UK experienced record setting growth of 16.8 percent, which itself followed the record 20.3 percent contraction in Q2 2020. Growing economy key to Labour's plans Since winning the 2024 general election, the UK's Labour Party have seen their popularity fall substantially. In February 2025, the government's approval rating fell to a low of -54 percent, making them almost as disliked as the Conservatives just before the last election. A string of unpopular policies since taking office have taken a heavy toll on support for the government. Labour hope they can reverse their declining popularity by growing the economy, which has underperformed for several years, and when measured in GDP per capita, fell in 2023, and 2024. Steady labor market trends set to continue? After a robust 2022, the UK labor market remained resilient throughout 2023 and 2024. The unemployment rate at the end of 2024 was 4.4 percent, up from four percent at the start of the year, but still one of the lowest rates on record. While the average number of job vacancies has been falling since a May 2022 peak, there was a slight increase in January 2025 when compared with the previous month. The more concerning aspect of the labor market, from the government's perspective, are the high levels of economic inactivity due to long-term sickness, which reached a peak of 2.84 million in late 2023, and remained at high levels throughout 2024.

Argentina's real gross domestic product (GDP) increased between the first quarter of 2021 and the same quarter of 2023. In 2020, the impact of the COVID-19 pandemic seems to have worsened Argentina's dwindling economic growth. From April to June of 2020, the total value of goods and services produced in Argentina fell to 609 billion pesos according to 2004 prices, the lowest value registered since the first quarter of 2009, after the global financial crisis of 2008. By the last quarter of 2021, GDP had grown to 698 billion pesos.

The Gross Domestic Product (GDP) in France expanded 0.30 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - France GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Nepal Real GDP Growth

• The Gross Domestic Product (GDP) in Nepal expanded 0.2 % YoY in Sep 2024, following a growth of 1.3 % in the previous quarter.
• Real GDP Growth YoY data in Nepal is updated quarterly, available from Dec 2004 to Sep 2024, with an average rate of 1.2 %.
• The data reached an all-time high of 14.0 % in Sep 2020 and a record low of -10.5 % in Jun 2020.

CEIC shifts period-end for quarterly Real GDP Growth. The Central Bureau of Statistics provides Real GDP Growth Rate, at 2010-2011 producer prices. Real GDP Growth prior to Q4 2010 is based on Real GDP at 2000-2001 producer prices. Real GDP Growth is reported in quarterly frequency, ending in January, April, July and October.


Related information about Nepal Real GDP Growth

• In the latest reports, Nominal GDP of Nepal reached 40.8 USD bn in Jul 2022.
• Its GDP deflator (implicit price deflator) increased 9.1 % in Jul 2023.
• GDP Per Capita in Nepal reached 1,399.0 USD in Jul 2023.
• Its Gross Savings Rate was measured at 35.6 % in Jul 2024.
• For Nominal GDP contributions, Investment accounted for 30.5 % in Jul 2024.
• Public Consumption accounted for 6.3 % in Jul 2024.
• Private Consumption accounted for 86.1 % in Jul 2024.

India Real(GDP) Gross Domestic ProductGrowth Projection: Quarterly: 4th Monetary Policy Statement data was reported at 7.300 % in Jun 2025. This records a decrease from the previous number of 7.400 % for Mar 2025. India Real(GDP) Gross Domestic ProductGrowth Projection: Quarterly: 4th Monetary Policy Statement data is updated quarterly, averaging 6.800 % from Dec 2018 (Median) to Jun 2025, with 27 observations. The data reached an all-time high of 20.600 % in Jun 2021 and a record low of -9.800 % in Sep 2020. India Real(GDP) Gross Domestic ProductGrowth Projection: Quarterly: 4th Monetary Policy Statement data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s National Accounts – Table IN.AB001: Gross Domestic Product: Real GDP Growth Projection: RBI Monetary Policy Statement.

The Gross Domestic Product (GDP) in Japan expanded 0.50 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Sweden expanded 0.50 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Sweden GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total value of goods and services produced in Belgium in the second quarter of 2023 reached *** billion euros. The most common indicator to assess the state of a country's economy is the gross domestic product (GDP). The health of Belgium's economy can be analyzed by comparing its GDP over time. Over the years, GDP in Belgium was significantly higher in the fourth quarter.

In the fourth-quarter of 2020, GDP in Belgium reached over *** billion euros

Compared to the fourth quarter of 2019, the fourth quarter of 2020 produced a lower GDP. In addition to usual fluctuations, this decrease could be partly due to coronavirus. Indeed, the pandemic resulted in lowered productivity and demand. While the impact of the coronavirus on the Belgian economy is yet to be fully measured, but economic uncertainty is undeniable.

Economic growth in Belgium

From 2014 to 2021, the quarterly GDP in Belgium was at its lowest in the first quarter of 2014, where it fell to ** billion euros. On the other hand, the Belgian GDP was at its highest in the most recent time period, where it reached over *** billion euros. Nonetheless, Belgium's GDP fell by *** percent in 2020, also likely due to the impact of the coronavirus.