This statistic shows the average annual change in real GDP per capita in the United States from President Hoover to Obama, as of 2011. The biggest economic growth happened during Franklin D. Roosevelt's presidency. The Real Gross Domestic Product per capita increased by 5.25 percent each year.

Additional information on President Barack Obama’s first term economic policy performance

“It’s the economy, stupid” as the now famous saying by former President Bill Clinton goes is often used to demonstrate the importance continuants place on the economy’s performance. Appointed to President of the United States in 2008, President Obama entered the job in the early stages of a global economic crisis. The unemployment rate in the United States since 1990 demonstrates that Obama oversaw a reduction in unemployment rate since an initially sharp increase to over 9 percent in 2009 and 2010. Prior to the reduction, public approval of President Obama and the Republicans in congress in handling the economy shows that the public’s trust in Obama waned from 61 percent in February 2009 to 42 percent in November 2011. The fluctuation of America’s economy meant that Obama’s first term saw him reach an average of 76 thousand private sector jobs created per month as of June 2012, leaving him sixth in private sector job creation on the list of post-war presidents.

As leader of the most economically influential country on the planet, praise and criticism of Obama’s economic performance is also a global issue. In 2012, opinion on Obama’s management of global economic issues by country demonstrates the variety in opinion held in and across countries. While countries such as Britain and Germany whose economies appeared to be recovering held Obama’s economic policy in a positive light, opinion was more negative in Egypt and Greece were the economic situation was less optimistic.

In 2023 the real gross domestic product (GDP) of the United States increased by 2.5 percent compared to 2022. This rate of annual growth indicates a return to economy normalcy after 2020 saw a dramatic decline in the GDP growth rate due to the the coronavirus (COVID-19) pandemic, and high growth in 2021.

What does GDP growth mean?

Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.

Countries with highest GDP growth rate

Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

As of the third quarter of 2024, the GDP of the U.S. grew by 2.8 percent from the second 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.

Key information about Tajikistan Real GDP Growth

• The Gross Domestic Product (GDP) in Tajikistan expanded 8.4 % YoY in Dec 2024, following a growth of 8.4 % in the previous quarter.
• Real GDP Growth YoY data in Tajikistan is updated quarterly, available from Mar 2000 to Dec 2024, with an average rate of 7.3 %.
• The data reached an all-time high of 12.6 % in Sep 2004 and a record low of 2.7 % in Sep 2009.

Agency on Statistics under the President of the Republic of Tajikistan provides quarterly Real GDP Growth.


Related information about Tajikistan Real GDP Growth

• In the latest reports, Nominal GDP of Tajikistan reached 2.2 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.5 % in Mar 2023.
• GDP Per Capita in Tajikistan reached 1,131.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 37.9 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 35.5 % in Dec 2022.
• Public Consumption accounted for 10.1 % in Dec 2022.
• Private Consumption accounted for 87.6 % in Dec 2022.

Adding to national debt is an inevitable fact of being President of the United States. The extent to which debt rises under any sitting president depends not only on the policy and spending choices they have made, but also the choices made by presidents and congresses that have come before them.

Ronald Reagan and George W. Bush President Ronald Reagan increased the U.S. debt by around 1.86 trillion U.S. dollars, or 186.36 percent. This is often attributed to "Reaganomics," in which Reagan implemented significant supply-side economic policies in which he reduced government regulation, cut taxes, and tightened the money supply. Spending increased under President George W. Bush in light of the wars in Iraq and Afghanistan. To finance the wars, President Bush chose to borrow the money, rather than use war bonds or increase taxes, unlike previous war-time presidents. Additionally, Bush introduced a number of tax cuts, and oversaw the beginning of the 2008 financial crisis. Barack Obama President Obama inherited both wars in Iraq and Afghanistan, and the financial crisis. The Obama administration also did not increase taxes to pay for the wars, and additionally passed expensive legislation to kickstart the economy following the economic crash, as well as the Affordable Care Act in 2010. The ACA expanded healthcare coverage to cover more than 30 million more Americans through programs like Medicare and Medicaid. Though controversial at the time, more than half of Americans have a favorable view of the ACA in 2023. Additionally, he signed legislation making the W. Bush-era tax cuts permanent.

The Gross Domestic Product (GDP) in Mexico expanded 0.50 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Mexico GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

President Biden Job Approval - Economy | RealClearPolling

Key information about Tajikistan GDP Deflator Growth

• Tajikistan GDP deflator (implicit price deflator) increased 9.7 % in Sep 2022, compared with an increase of 7.8 % in the previous quarter.
• Tajikistan GDP Deflator Growth data is updated quarterly, available from Mar 2000 to Sep 2022, with an average rate of 11.6 %.
• The data reached an all-time high of 53.4 % in Mar 2001 and a record low of -0.6 % in Mar 2021.

CEIC calculates GDP Deflator Growth from quarterly Nominal GDP and quarterly Real GDP Growth. Agency on Statistics under the President of the Republic of Tajikistan provides Nominal GDP in local currency and Real GDP Growth.


Related information about Tajikistan GDP Deflator Growth

• In the latest reports, Tajikistan GDP expanded 7.8 % YoY in Sep 2022.
• Its Nominal GDP reached 3.6 USD bn in Dec 2022.
• Tajikistan GDP Per Capita reached 1,131.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 31.0 % in Dec 2020.

Iran’s gross domestic product (GDP) inclined by 3.33 percent in 2020 after adjusting for inflation. This figure fell from 13.4 percent growth four years ago, which had been a reaction to sanctions lifting after the Joint Comprehensive Plan of Action (JPCOA) regarding Iran’s nuclear program. United States president Donald Trump ended that country’s participation in the deal, imposing new sanctions.

Political influence on the economy

Political tensions have hampered the economy of Iran, keeping growth low in spite of the country’s considerable oil reserves. The effect of these sanctions becomes obvious when looking at Iran’s oil exports to Europe over the past decade. Some analysts have blamed the new sanctions for the increase in Iran’s inflation rate, as well as the currency depreciation that has accompanied it.

Iran’s options

Although Iran’s main export partners are largely in Asia, many of the transactions are carried out using U.S. dollars. Even though other means of payment are possible, some countries worry about political ramifications of continuing trade relations with Iran. Iran’s greatest strength at the moment may be its low national debt, meaning that it can borrow a substantial amount of money if it can find a willing lender. However, given the instability of the political situation worldwide and regionally, it is difficult to assume that such a borrower exists at the moment.

As of 2022, former President Bill Clinton was the president who created the most jobs in the United States, at 18.6 million jobs created during his eight year term in office. Former President Ronald Reagan created the second most jobs during his term, at 16.5 million.

The Gross Domestic Product (GDP) in Philippines expanded 5.20 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Philippines GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Tajikistan Nominal GDP Growth

• Tajikistan Nominal GDP Growth was reported at 23.985 % in Dec 2024.
• This records an increase from the previous number of 14.709 % for Sep 2024.
• Tajikistan Nominal GDP Growth data is updated quarterly, averaging 24.356 % from Mar 1994 to Dec 2024, with 124 observations.
• The data reached an all-time high of 950.000 % in Mar 1994 and a record low of -17.284 % in Sep 2013.
• Tajikistan Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Аgency on Statistics under the President of the Republic of Tajikistan provides Nominal GDP in local currency.

According to a poll conducted at the end of 2022, Americans were feeling quite pessimistic about the coming year. 90 percent of Americans felt negatively about the prospect of political conflict in 2023.

The Economy 2022 was a difficult year for many Americans, as it was for many around the world. After a year of high inflation, record fuel prices, and decreased financial security, the country greeted 2023 with high rates of skepticism and caution. Although the U.S. economy itself has experienced a strong rebound from the pandemic recession compared with other major economies, a sustained decline in consumer spending power thanks to wage growth not keeping pace with inflation has everyday Americans feeling the pinch.

U.S. political landscape The political scene in the U.S. also had a tumultuous few years in the lead up to 2023. The election of Donald Trump as the 45th President of the United States in 2016 left many voters reeling and the country more divided than ever. The beginning of 2021 was market by the January 6th attack on the Capitol, as well as the inauguration of Joe Biden. Additionally, the country continued to grapple with a politicized response to the COVID-19 pandemic and associated restrictions. 2022 began with the Russian invasion of Ukraine, ushering in the beginning of a global fuel and inflation crisis. In the midst of hardening economic conditions, the Supreme Court overturned its ruling on Roe v. Wade, returning the power to decide abortion restrictions to state legislatures.

The 2022 midterm elections saw Republicans win enough seats to take back control of the House of Representatives, but saw the GOP ultimately underperform compared to predictions at the time. The first day of the 2023 congressional term was marked by the inability of the Republican Party to unify itself behind one candidate for Speaker of the House, leading to a once in a century multi-round of Speaker elections. With new members of the House not able to be sworn in until a Speaker is elected, 2023 had a difficult start.

The United States recorded a Government Debt to GDP of 122.30 percent of the country's Gross Domestic Product in 2023. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid 2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022.

This poll, fielded July 9-12, 2009, is part of a continuing series of monthly surveys that solicit public opinion on the presidency and on a range of other political and social issues. Respondents were asked whether they approved of the way Barack Obama was handling the presidency, foreign policy, the situation in Iraq, health care and the economy, whether they thought things in the country were on the right track, their rating of the national economy and whether they thought the economy would get better. Respondents were also asked questions about the economic recession including how long they thought it would last, whether they believed the stimulus package made the economy better, whether the stimulus package would make the economy better in the future, whether the federal government should spend money to stimulate the national economy, whether it was acceptable to raise the deficit to create jobs and stimulate growth, and whether the federal budget deficit affected the respondent's family's financial situation. Several questions about health care were asked including whether President Obama would be able to bring about significant health care reform in his first term, whether respondents would favor government administered health insurance plans, and whether the respondent would consider public health care that anyone could join at any age. Opinions were sought about Sarah Palin, whether respondents heard about her resignation as Governor of Alaska, the reason she resigned, whether she would have the ability to be an effective president, whether the media was harder on her than other political figures, and whether respondents thought she would run for president in 2012. Other topics that were covered included, the wars in Iraq and Afghanistan, North Korea's development of weapons, Michael Jackson, the United States space program, marijuana, Barack Obama's Supreme Court Justice nominations, how the federal government should use taxpayer's money, how the deficit should be handled, personal finances, and job security. Demographic variables include sex, age, race, marital status, education level, household income, political party affiliation, political philosophy, perceived social class, religious preference, whether the respondent considered themselves to be a born-again Christian, and voter registration status and participation history.

Abstract

The World Bank is interested in gauging the views of clients and partners who are either involved in development in Sudan or who observe activities related to social and economic development. The World Bank Country Assessment Survey is meant to give the World Bank's team that works in Sudan, greater insight into how the Bank's work is perceived. This is one tool the World Bank uses to assess the views of its critical stakeholders. With this understanding, the World Bank hopes to develop more effective strategies, outreach and programs that support development in Sudan. The World Bank commissioned an independent firm to oversee the logistics of this effort in Sudan.

The survey was designed to achieve the following objectives: - Assist the World Bank in gaining a better understanding of how stakeholders in Sudan perceive the Bank; - Obtain systematic feedback from stakeholders in Sudan regarding: · Their views regarding the general environment in Sudan; · Their overall attitudes toward the World Bank in Sudan; · Overall impressions of the World Bank's effectiveness and results, knowledge and research, and communication and information sharing in Sudan; and · Perceptions of the World Bank's future role in Sudan. - Use data to help inform the Sudan country team's strategy.

Geographic coverage

National

Analysis unit

Stakeholder

Universe

Stakeholders of the World Bank in Sudan

Kind of data

Sample survey data [ssd]

Sampling procedure

In May thru July 2012, 296 stakeholders of the World Bank in Sudan were invited to provide their opinions on the Bank's assistance to the country by participating in a country survey. Participants in the survey were drawn from among the office of the President, Vice President/s, assistants, and advisors; the office of a Minister/State Minister, Undersecretary, Director General; the office of a Parliamentarian; employees of a ministry, ministerial department, or implementation agency; consultants/contractors working on World Bank-supported projects/programs; project management units (PMUs) overseeing implementation of a project; local government officials or staff; bilateral agencies; multilateral agencies; private sector organizations; private foundations; the financial sector/private banks; NGOs; community-based organizations (CBOs); the media; independent government institutions; trade unions; faith-based groups; academia/research institutes/think tanks; and the judiciary branch.

Mode of data collection

Mail Questionnaire [mail]

Research instrument

The Questionnaire consists of 8 Sections:

A. General Issues facing Sudan: Respondents were asked to indicate whether Sudan is headed in the right direction, what they thought were the top three most important development priorities, and which areas would contribute most to reducing poverty and generating economic growth in Sudan.

B. Overall Attitudes toward the World Bank: Respondents were asked to rate their familiarity with the World Bank, the Bank's effectiveness in Sudan, Bank staff preparedness, the extent to which the Bank should seek to influence the global development agenda, their agreement with various statements regarding the Bank's work, and the extent to which the Bank is an effective development partner. Respondents were also asked to indicate the sectoral areas on which it would be most productive for the Bank to focus its resources, the Bank's greatest values and greatest weaknesses in its work, the most and least effective instruments in helping to reduce poverty in Sudan, with which groups the Bank should work more, and to what reasons respondents attributed failed or slow reform efforts.

C. World Bank Effectiveness and Results: Respondents were asked to rate the extent to which the Bank's work helps achieve sustainable development results in Sudan, the extent to which the Bank meets Sudan's need for knowledge services and financial instruments, and the Bank's level of effectiveness across twenty-seven development areas, such as economic growth. Respondents were also asked to indicate where it would be most valuable for the Bank to focus its attention on in relation to agricultural development in Sudan.

D. The World Bank's Knowledge: Respondents were asked to indicate how frequently they consult Bank knowledge/research, the areas on which the Bank should focus its research efforts, and to rate the effectiveness and quality of the Bank's knowledge/research, including how significant of a contribution it makes to development results, its technical quality, and the Bank's effectiveness at providing linkage to non-Bank expertise.

E. Working with the World Bank: Respondents were asked to rate their level of agreement with a series of statements regarding working with the Bank, such as the World Bank's "Safeguard Policy" requirements being reasonable, the Bank disbursing funds promptly, and the extent to which the Bank is adequately staffed in Sudan.

F. The Multi-Donor Trust Fund in Sudan as Managed by the World Bank: Respondents were asked to indicate the greatest strengths and weaknesses of the Multi-Donor Trust Fund.

G. The Future Role of the World Bank in Sudan: Respondents were asked to rate how significant a role the Bank should play in Sudan's development in the near future and to indicate what the Bank should do to make itself of greater value in Sudan.

H. Communication and Information Sharing: Respondents were asked to indicate where they get information about economic and social development issues, how they prefer to receive information from the Bank, their access to the Internet, and their usage and evaluation of the Bank's website. Respondents were asked about their awareness of the Bank's Access to Information policy, past information requests from the Bank, and their level of agreement that they use more data from the World Bank as a result of the Bank's Open Data policy. Respondents were also asked their level of agreement that they know how to find information from the Bank and that the Bank is responsive to information requests.

I. Background Information: Respondents were asked to indicate their current position, specialization, whether they professionally collaborate with the World Bank, their exposure to the Bank in Sudan, and their geographic location.

Response rate

A total of 152 stakeholders participated in the country survey (51%).

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

Introduced in 1993, the Empowerment Zone (EZ), Enterprise Community (EC), and Renewal Community (RC) Initiatives sought to reduce unemployment and generate economic growth through the designation of Federal tax incentives and award of grants to distressed communities. Local, Tribal, and State governments interested in participating in this program were required to present comprehensive plans that included the following principles: Strategic Visions for Change, Community-Based Partnerships, Economic Opportunities, and Sustainable Community Development. Communities selected to participate in this program embraced these principles and led projects that promoted economic development in their distressed communities. The EZ/EC initiative was implemented in the form of three competitions authorized by Congress in 1994 (round I), 1998 (round II), and 2001 (round III). The EC designation expired in 2004 and EZ and RC designations generally expired at the end of 2009. However, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, Pub. L. No. 111-312 extended the Empowerment Zone and DC Enterprise Zone designations to December 31, 2011. Following the end of the first EZ designation extension on December 31, 2011, the American Taxpayer Relief Act (ATRA) of 2012, signed into law by President Obama on January 2, 2013, provided for an extension of the Empowerment Zone designations for Empowerment Zone Tax Credit purposes only until December 31, 2013. The ATRA of 2012 did not extend the designation of the DC Enterprise Zone. The third retroactive extension of the Empowerment Zone designation, for the purpose claiming EZ tax credits only, was the Tax Increase Prevention Act of 2014 (TIPA 2014). TIPA 2014 was signed into law by President Obama on December 19, 2014 and extended the EZ designation for the purpose of businesses and entities claiming EZ tax incentives until December 31, 2014. TIPA 2014 did not extend the designation of the DC Enterprise Zone. To learn more about Empowerment Zones Renewal and Enterprise Communities (EZRC) visit: https://www.hud.gov/hudprograms/empowerment_zones, for questions about the spatial attribution of this dataset, please reach out to us at GISHelpdesk@hud.gov. Data Dictionary: DD_Empowerment Zones Renewal and Enterprise Communities

Date of Coverage: Through 2014