The Gross Domestic Product (GDP) in the United States expanded 3 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.

Consumption as percent of GDP in Hong Kong, March, 2025 The most recent value is 65.12 percent as of Q1 2025, a decline compared to the previous value of 66.81 percent. Historically, the average for Hong Kong from Q1 1990 to Q1 2025 is 62.41 percent. The minimum of 53.64 percent was recorded in Q4 2002, while the maximum of 75.28 percent was reached in Q2 2023. | TheGlobalEconomy.com

The UK economy shrank by 0.1 percent in May 2025 after shrinking by 0.3 percent in April. Since a huge decline in GDP in April 2020, the UK economy has gradually recovered and is now around 4.4 percent larger than it was before the COVID-19 pandemic. After the initial recovery from the pandemic, however, the UK economy has effectively flatlined, fluctuating between low growth and small contractions since January 2022. Labour banking on growth to turn around fortunes in 2025 In February 2025, just over half a year after winning the last general election, the approval rating for the new Labour government fell to a low of -48 percent. Furthermore, the Prime Minister, Keir Starmer was not only less popular than the new Conservative leader, Kemi Badenoch, but also the leader of the Reform Party, Nigel Farage, whose party have surged in opinion polls recently. This remarkable decline in popularity for the new government is, in some part, due to a deliberate policy of making tough decisions early. Arguably, the most damaging of these policies was the withdrawal of the winter fuel allowance for some pensioners, although other factors such as a controversy about gifts and donations also hurt the government. While Labour aims to restore the UK's economic and political credibility in the long term, they will certainly hope for some good economic news sooner rather than later. Economy bounces back in 2024 after ending 2023 in recession Due to two consecutive quarters of negative economic growth, in late 2023 the UK economy ended the year in recession. After not growing at all in the second quarter of 2023, UK GDP fell by 0.1 percent in the third quarter, and then by 0.3 percent in the last quarter. For the whole of 2023, the economy grew by 0.4 percent compared to 2022, and for 2024 is forecast to have grown by 1.1 percent. During the first two quarters of 2024, UK GDP grew by 0.7 percent, and 0.4 percent, with this relatively strong growth followed by zero percent growth in the third quarter of the year. Although the economy had started to grow again by the time of the 2024 general election, this was not enough to save the Conservative government at the time. Despite usually seen as the best party for handling the economy, the Conservative's economic competency was behind that of Labour on the eve of the 2024 election.

Investment as percent of GDP in Germany, March, 2025 The most recent value is 19.71 percent as of Q1 2025, a decline compared to the previous value of 20.88 percent. Historically, the average for Germany from Q1 1991 to Q1 2025 is 21.11 percent. The minimum of 16.39 percent was recorded in Q1 2005, while the maximum of 26.48 percent was reached in Q2 1992. | TheGlobalEconomy.com

According to a median projection in July 2025, China's GDP was expected to grow by *** percent in 2025. In the first quarter of 2020, the second-largest economy recorded the first contraction in decades due to the epidemic.  A root-to-branch shutdown of factories To curb the spread of the virus, the Chinese government imposed a lockdown in Wuhan, the epicenter, and other cities in Hubei province on January 23, 2020. A strict nationwide lockdown soon followed. Many factories remained closed in February, resulting in a plunge in manufacturing Purchasing Managers' Index (PMI). The shutdown of the “world’s factory” had severely disrupted global supply chains, especially automobile production. In March 2020, very few industrial sectors reported positive production growth.  The pharmaceuticals sector recorded a production increase, which was mainly driven by the global demand for vital medical supplies. China had exported over seven billion yuan worth of face masks. Ripple effects on global tourism Apart from the manufacturing industry, the prolonged closures of business had caused significant losses in various sectors in China. The travel and tourism sector was massively affected by a drastic decline in flight ticket sales  and hotel occupancy rates. The domestic tourism market expects a loss of 20 percent in revenues for 2020. Industry experts predicted that the global travel and tourism industry could lose about *** trillion U.S. dollars in that year. 

The latest data from show economic growth of 2.2 percent, which is a decrease from the rate of growth of 2.5 percent in the previous quarter and
no change compared to the growth rate of 2.2 percent in the same quarter last year. The economic growth time series for Greece cover the period from...

In the year ended March 2025, New Zealand's construction industry GDP declined by around 9.3 percent from the previous year. The industry's GDP has remained above 16.9 billion New Zealand dollars since 2020.

In 2024, Japan's gross domestic product (GDP) grew by ***** percent at current prices, according to the second preliminary announcement in March 2025. A year earlier, the highest growth rate of Japan’s nominal GDP in almost three decades was recorded. The nominal GDP measures the value of all goods and services produced in an economy, including price changes. GDP growth and inflation Japan’s real GDP growth, which is adjusted for inflation, was lower at *** percent. After decades of struggling with deflation and attempts to reach a two percent inflation target with economic stimulus packages and monetary easing policies, consumer prices in Japan increased by almost *** percent in 2023, led by global inflation. This development prompted the Bank of Japan to shift its monetary policy and raise the short-term interest rate for the first time in 17 years in 2024. Japan lost its status as the third-largest economy Many countries have raised interest rates in response to higher inflation in the past years. Since Japan’s central bank has done so at a much slower pace, a widening interest gap emerged between Japan and other major economies of the world. This is also one of the reasons for the depreciation of the yen against the dollar. Due to the weak yen, Japan’s GDP declined when converted into U.S. dollars, resulting in Japan losing its status as the third-largest economy in terms of GDP to Germany in 2023.

Gross Domestic Product (GDP): Year to Date: Zhejiang data was reported at 2,230.000 RMB bn in Mar 2025. This records a decrease from the previous number of 9,013.100 RMB bn for Dec 2024. Gross Domestic Product (GDP): Year to Date: Zhejiang data is updated quarterly, averaging 1,497.778 RMB bn from Dec 1992 (Median) to Mar 2025, with 108 observations. The data reached an all-time high of 9,013.100 RMB bn in Dec 2024 and a record low of 127.012 RMB bn in Mar 2000. Gross Domestic Product (GDP): Year to Date: Zhejiang data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

GDP: Year to Date: Secondary Industry: Jiangsu: Yancheng data was reported at 67.855 RMB bn in Mar 2025. This records a decrease from the previous number of 301.200 RMB bn for Dec 2024. GDP: Year to Date: Secondary Industry: Jiangsu: Yancheng data is updated quarterly, averaging 125.964 RMB bn from Mar 2010 (Median) to Mar 2025, with 61 observations. The data reached an all-time high of 301.200 RMB bn in Dec 2024 and a record low of 27.070 RMB bn in Mar 2010. GDP: Year to Date: Secondary Industry: Jiangsu: Yancheng data remains active status in CEIC and is reported by Yancheng Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: Secondary Industry: Quarterly.

The latest data from show economic growth of 3.1 percent, which is a decrease from the rate of growth of 3.7 percent in the previous quarter and
a decrease compared to the growth rate of 4.4 percent in the same quarter last year. The economic growth time series for Croatia cover the period from...

China GDP Index: YoY: TI: Real Estate data was reported at 101.000 Prev Year=100 in Mar 2025. This records a decrease from the previous number of 102.000 Prev Year=100 for Dec 2024. China GDP Index: YoY: TI: Real Estate data is updated quarterly, averaging 107.800 Prev Year=100 from Mar 1992 (Median) to Mar 2025, with 133 observations. The data reached an all-time high of 134.700 Prev Year=100 in Dec 1992 and a record low of 94.000 Prev Year=100 in Mar 2020. China GDP Index: YoY: TI: Real Estate data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AB: Gross Domestic Product: Index: Quarterly.

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

Gross Domestic Product (GDP): Year to Date: Xinjiang data was reported at 472.909 RMB bn in Mar 2025. This records a decrease from the previous number of 2,053.408 RMB bn for Dec 2024. Gross Domestic Product (GDP): Year to Date: Xinjiang data is updated quarterly, averaging 279.566 RMB bn from Dec 1992 (Median) to Mar 2025, with 109 observations. The data reached an all-time high of 2,053.408 RMB bn in Dec 2024 and a record low of 16.715 RMB bn in Mar 1999. Gross Domestic Product (GDP): Year to Date: Xinjiang data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

The latest data from show economic growth of 3.7 percent, which is a decrease from the rate of growth of 3.9 percent in the previous quarter and
an increase compared to the growth rate of 1.7 percent in the same quarter last year. The economic growth time series for Poland cover the period from...

Investment as percent of GDP in Israel, March, 2025 The most recent value is 23.52 percent as of Q1 2025, a decline compared to the previous value of 24.37 percent. Historically, the average for Israel from Q1 1995 to Q1 2025 is 21.36 percent. The minimum of 17.78 percent was recorded in Q3 2004, while the maximum of 26.28 percent was reached in Q4 1995. | TheGlobalEconomy.com

Gross Domestic Product (GDP): Year to Date: Chongqing data was reported at 757.479 RMB bn in Mar 2025. This records a decrease from the previous number of 3,219.315 RMB bn for Dec 2024. Gross Domestic Product (GDP): Year to Date: Chongqing data is updated quarterly, averaging 377.273 RMB bn from Dec 1992 (Median) to Mar 2025, with 115 observations. The data reached an all-time high of 3,219.315 RMB bn in Dec 2024 and a record low of 33.718 RMB bn in Mar 1998. Gross Domestic Product (GDP): Year to Date: Chongqing data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

Consumption as percent of GDP in Germany, March, 2025 The most recent value is 51.35 percent as of Q1 2025, a decline compared to the previous value of 52.59 percent. Historically, the average for Germany from Q1 1991 to Q1 2025 is 54.76 percent. The minimum of 47.42 percent was recorded in Q1 2021, while the maximum of 58.2 percent was reached in Q2 2009. | TheGlobalEconomy.com

China GDP: TI: Other data was reported at 6,103.210 RMB bn in Mar 2025. This records a decrease from the previous number of 6,107.329 RMB bn for Dec 2024. China GDP: TI: Other data is updated quarterly, averaging 1,381.440 RMB bn from Mar 1992 (Median) to Mar 2025, with 133 observations. The data reached an all-time high of 6,107.329 RMB bn in Dec 2024 and a record low of 57.040 RMB bn in Sep 1992. China GDP: TI: Other data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.AA: Gross Domestic Product: Quarterly. Added since the Q1/2015: 'Information transmission, software and information technology services' and 'leasing and commercial services' 'Other tertiary industry' since then does not contain these two industries.

Consumption as percent of GDP in Croatia, March, 2025 The most recent value is 60.4 percent as of Q1 2025, a decline compared to the previous value of 61.64 percent. Historically, the average for Croatia from Q1 1995 to Q1 2025 is 60.79 percent. The minimum of 46.32 percent was recorded in Q3 2018, while the maximum of 72.31 percent was reached in Q4 2002. | TheGlobalEconomy.com