100+ datasets found
  1. Global gross domestic product (GDP) 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 28, 2025
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    Statista (2025). Global gross domestic product (GDP) 2030 [Dataset]. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/
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    Dataset updated
    May 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

  2. T

    GDP by Country Dataset

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 29, 2011
    + more versions
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    TRADING ECONOMICS (2011). GDP by Country Dataset [Dataset]. https://tradingeconomics.com/country-list/gdp
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    csv, json, xml, excelAvailable download formats
    Dataset updated
    Jun 29, 2011
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    World
    Description

    This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  3. Forecasted global real GDP growth 2019-2024

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Forecasted global real GDP growth 2019-2024 [Dataset]. https://www.statista.com/statistics/1102889/covid-19-forecasted-global-real-gdp-growth/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2023
    Area covered
    Worldwide
    Description

    The coronavirus (COVID-19) pandemic, has had a significant impact on the global economy. In 2020, global Gross Domestic Product (GDP) decreased by *** percent, while the forecast initially was *** percent GDP growth. As the world's governments are working towards a fast economic recovery, the GDP increased again in 2021 by *** percent. Global GDP increased by over ***** percent in 2022, but it is still not clear to what extent Russia's war in Ukraine will impact the global economy. Global GDP growth is expected to slow somewhat in 2023.

  4. GDP growth APAC 2019-2023, by country

    • statista.com
    Updated Jul 11, 2025
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    Statista (2025). GDP growth APAC 2019-2023, by country [Dataset]. https://www.statista.com/statistics/861936/asia-pacific-gdpt-growth-forecast/
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    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    APAC
    Description

    In 2021, Macao had the highest estimated gross domestic product (GDP) growth with **** percent, followed by the Maldives with an estimated GDP growth of **** percent. Many economies were forecasted to have seen a decline in GDP in 2021, possibly due to COVID-19, reaching up to *** percent in Myanmar. Nevertheless, almost economies were forecasted to recover in 2022 and 2023.

    The economic state in Asia

    In 2020, China led the Asia Pacific region in terms of GDP with approximately **** trillion U.S. dollars, followed by India, South Korea, and Australia. In comparison, the GDP value for emerging and developing Asia was at aproximately **** trillion international dollars in that year. In terms of GDP per capita, Singapore ranked the highest with approximately **** U.S. dollars, followed by Australia with a per capita GDP of around **** U.S. dollars.

    Higher GDP growth for developing Asia Pacific countries

    For 2022 and 2023, it was forecasted that Macao and the Maldives would have the highest GDP growth. Overall, Afghanistan had the highest predicted rise in GDP growth from 2021 to 2023. South Asia, Southeast Asia, and Southwest Asia were forecasted to be leading the region’s economic growth with comparably higher GDP growth rates. Developed countries including Australia, New Zealand and Japan were projected to have stagnant GDP growth.

  5. T

    GDP by Country in ASIA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 15, 2025
    + more versions
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    TRADING ECONOMICS (2025). GDP by Country in ASIA [Dataset]. https://tradingeconomics.com/country-list/gdp?continent=asia
    Explore at:
    xml, json, csv, excelAvailable download formats
    Dataset updated
    Mar 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Asia
    Description

    This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  6. Costa Rica CR: GDP: % of GDP: Gross Value Added: Agriculture

    • ceicdata.com
    Updated Feb 28, 2018
    + more versions
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    CEICdata.com (2018). Costa Rica CR: GDP: % of GDP: Gross Value Added: Agriculture [Dataset]. https://www.ceicdata.com/en/costa-rica/gross-domestic-product-share-of-gdp/cr-gdp--of-gdp-gross-value-added-agriculture
    Explore at:
    Dataset updated
    Feb 28, 2018
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2009 - Dec 1, 2020
    Area covered
    Costa Rica
    Variables measured
    Gross Domestic Product
    Description

    Costa Rica CR: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 4.352 % in 2020. This records an increase from the previous number of 4.150 % for 2019. Costa Rica CR: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 15.787 % from Dec 1960 (Median) to 2020, with 61 observations. The data reached an all-time high of 26.352 % in 1960 and a record low of 4.150 % in 2019. Costa Rica CR: GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

  7. Countries with the largest gross domestic product (GDP) per capita 2025

    • statista.com
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    Statista, Countries with the largest gross domestic product (GDP) per capita 2025 [Dataset]. https://www.statista.com/statistics/270180/countries-with-the-largest-gross-domestic-product-gdp-per-capita/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    Worldwide
    Description

    In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

  8. United States Nominal GDP

    • ceicdata.com
    Updated Feb 15, 2020
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    CEICdata.com (2020). United States Nominal GDP [Dataset]. https://www.ceicdata.com/en/indicator/united-states/nominal-gdp
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    Dataset updated
    Feb 15, 2020
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2020 - Mar 1, 2023
    Area covered
    United States
    Description

    Key information about United States Nominal GDP

    • United States Nominal GDP reached 6,621.6 USD bn in Mar 2023, compared with 6,534.5 USD bn in the previous quarter.
    • Nominal GDP in US is updated quarterly, available from Mar 1947 to Mar 2023, with an average number of 1,057.5 USD bn.
    • The data reached an all-time high of 6,621.6 USD bn in Mar 2023 and a record low of 60.8 USD bn in Mar 1947.

    CEIC de-annualizes quarterly Nominal GDP. The Bureau of Economic Analysis provides annualized Nominal GDP in USD.


    Related information about United States Nominal GDP

    • In the latest reports, US GDP expanded 1.6 % YoY in Mar 2023.
    • Its GDP deflator (implicit price deflator) increased 5.4 % in Mar 2023.
    • US GDP Per Capita reached 59,484.0 USD in Dec 2017.
    • Its Gross Savings Rate was measured at 15.9 % in Mar 2023.
    • For Nominal GDP contributions, Investment accounted for 20.7 % in Mar 2023.
    • Public Consumption accounted for 14.1 % in Mar 2023.
    • Private Consumption accounted for 67.9 % in Mar 2023.

  9. F

    Gross Domestic Product

    • fred.stlouisfed.org
    • trends.sourcemedium.com
    json
    Updated Jul 30, 2025
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    (2025). Gross Domestic Product [Dataset]. https://fred.stlouisfed.org/series/GDP
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 30, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

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

  10. T

    United States GDP

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 15, 2025
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    TRADING ECONOMICS (2025). United States GDP [Dataset]. https://tradingeconomics.com/united-states/gdp
    Explore at:
    xml, excel, json, csvAvailable download formats
    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    United States
    Description

    The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  11. Overall GDP growth in G7 countries 2019-2023

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Overall GDP growth in G7 countries 2019-2023 [Dataset]. https://www.statista.com/statistics/1392678/g7-gdp-growth-since-covid-19-pandemic/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    France, Italy, United States, United Kingdom, Germany, Canada, Japan
    Description

    The United States has had the highest economic growth in the G7 since the start of the COVID-19 pandemic, with its economy *** percent larger in the first quarter of 2023, when compared with the fourth quarter of 2019. By contrast, the United Kingdom and Germany have both seen their economies shrink by *** percent in the same time period.

  12. T

    GDP per capita growth resilience dataset for countries along the "Belt and...

    • data.tpdc.ac.cn
    • tpdc.ac.cn
    zip
    Updated Apr 17, 2022
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    Xinliang XU (2022). GDP per capita growth resilience dataset for countries along the "Belt and Road" (2000-2019) [Dataset]. http://doi.org/10.11888/HumanNat.tpdc.272272
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    zipAvailable download formats
    Dataset updated
    Apr 17, 2022
    Dataset provided by
    TPDC
    Authors
    Xinliang XU
    Area covered
    Description

    The GDP per capita growth resilience dataset for countries along the Belt and Road is a comprehensive reflection of the level of GDP per capita growth resilience of each country. The GDP per capita growth resilience dataset was prepared with reference to the World Bank's statistical database, using year-on-year data on GDP per capita (constant 2010 US dollars) for countries along the Belt and Road from 2000 to 2019, and based on sensitivity and adaptability analysis, taking into account the year-on-year changes of each indicator. Through a comprehensive diagnostic, a product on GDP per capita growth resilience was prepared. "The GDP per capita growth resilience dataset for countries along the Belt and Road is an important reference for analysing and comparing the current GDP per capita growth resilience of each country.

  13. P

    Portugal Real GDP Growth

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Portugal Real GDP Growth [Dataset]. https://www.ceicdata.com/en/indicator/portugal/real-gdp-growth
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 1, 2016 - Jun 1, 2019
    Area covered
    Portugal
    Variables measured
    Gross Domestic Product
    Description

    Key information about Portugal Real GDP Growth

    • The Gross Domestic Product (GDP) in Portugal expanded 1.8 % YoY in Jun 2019, following a growth of 1.8 % in the previous quarter.
    • Real GDP Growth YoY data in Portugal is updated quarterly, available from Mar 1996 to Jun 2019, with an average rate of 1.8 %.
    • The data reached an all-time high of 5.0 % in Jun 1998 and a record low of -4.5 % in Dec 2012.
    Statistics Portugal provides quarterly Real GDP Growth at chain linked 2011 prices.


    Related information about Portugal Real GDP Growth

    • In the latest reports, Nominal GDP of Portugal reached 63.1 USD bn in Dec 2022.
    • Its GDP deflator (implicit price deflator) increased 7.4 % in Dec 2022.
    • GDP Per Capita in Portugal reached 27,832.7 USD in Dec 2023.
    • Its Gross Savings Rate was measured at 26.9 % in Sep 2024.
    • For Nominal GDP contributions, Investment accounted for 21.8 % in Sep 2024.
    • Public Consumption accounted for 16.1 % in Mar 2023.
    • Private Consumption accounted for 57.7 % in Sep 2024.

  14. M

    Turkey GDP

    • macrotrends.net
    csv
    Updated May 31, 2025
    + more versions
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    MACROTRENDS (2025). Turkey GDP [Dataset]. https://www.macrotrends.net/global-metrics/countries/tur/turkey/gdp-gross-domestic-product
    Explore at:
    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1960 - Dec 31, 2023
    Area covered
    Turkey
    Description

    Historical chart and dataset showing Turkey GDP by year from 1960 to 2023.

  15. T

    GDP ANNUAL GROWTH RATE by Country in EUROPE

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). GDP ANNUAL GROWTH RATE by Country in EUROPE [Dataset]. https://tradingeconomics.com/country-list/gdp-annual-growth-rate?continent=europe
    Explore at:
    json, excel, xml, csvAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  16. F

    Real Gross Domestic Product for European Union (28 Countries)

    • fred.stlouisfed.org
    json
    Updated Sep 6, 2024
    + more versions
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    (2024). Real Gross Domestic Product for European Union (28 Countries) [Dataset]. https://fred.stlouisfed.org/series/CLVMNACSCAB1GQEU28
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Sep 6, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Europe, European Union
    Description

    Graph and download economic data for Real Gross Domestic Product for European Union (28 Countries) (CLVMNACSCAB1GQEU28) from Q1 1995 to Q4 2019 about EU, Europe, real, and GDP.

  17. a

    Atlas of Gross Domestic Product, 2019

    • supply-chain-data-hub-nmcdc.hub.arcgis.com
    Updated Jun 16, 2022
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    New Mexico Community Data Collaborative (2022). Atlas of Gross Domestic Product, 2019 [Dataset]. https://supply-chain-data-hub-nmcdc.hub.arcgis.com/documents/84e53e2ddae449ca9f3bda4d8e4b759c
    Explore at:
    Dataset updated
    Jun 16, 2022
    Dataset authored and provided by
    New Mexico Community Data Collaborative
    Description

    The documentation below is in reference to this items placement in the NM Supply Chain Data Hub. The documentation is of use to understanding the source of this item, and how to reproduce it for updatesTitle: Atlas of Gross Domestic Product, 2019Item Type: Web Mapping Application URLSummary: Atlas of 17 maps showing different aspects of Gross Domestic Product (GDP). GDP is the value of goods and services produced within a country: consumption, investment, government spending, and net exports.Notes: Prepared by: Uploaded by EMcRae_NMCDCSource: Bureau of Economic Analysis (BEA)'s GDP by county, Table CAGDP2, 2019. https://nmcdc.maps.arcgis.com/home/item.html?id=da81ea710b194166bb02ef4b1a03783bFeature Service: https://nmcdc.maps.arcgis.com/home/item.html?id=84e53e2ddae449ca9f3bda4d8e4b759cUID: 26Data Requested: Ag CensusMethod of Acquisition: Esri Living AtlasDate Acquired: 6/16/22Priority rank as Identified in 2022 (scale of 1 being the highest priority, to 11 being the lowest priority): 8Tags: PENDINGMaps included:Percent of U.S. Gross Domestic Product (GDP)Percent of Each State's Gross Domestic Product (GDP)What is the manufacturing Gross Domestic Product (GDP) in the US?Durable Goods Manufacturing in the USNondurable Goods Manufacturing in the USReal Estate, Rentals, and Leasing GDP in the USAgricultural, Forestry, Fishing, and Hunting GDP in the USInformation Industry GDP in the USUtilities GDP in the USConstruction in the USAre goods or services driving Private-Sector contributions to GDP?Natural Resources and Oil GDP in the USMining, Quarrying, Oil, and Extraction GDP in the USPercent from Health Care and Social AssistanceGDP from Government SpendingDoes retail or wholesale trade contribute more to GDP?Overall GDPFeature layer created from Table CAGDP2, downloaded ‎February ‎2, ‎2021.https://www.bea.gov/data/gdp/gdp-county-metro-and-other-areas

  18. Population and GDP/GNI/CO2 emissions (2019, raw data)

    • figshare.com
    txt
    Updated Feb 23, 2023
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    Liang Zhao (2023). Population and GDP/GNI/CO2 emissions (2019, raw data) [Dataset]. http://doi.org/10.6084/m9.figshare.22085060.v6
    Explore at:
    txtAvailable download formats
    Dataset updated
    Feb 23, 2023
    Dataset provided by
    Figsharehttp://figshare.com/
    figshare
    Authors
    Liang Zhao
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Original dataset The original year-2019 dataset was downloaded from the World Bank Databank by the following approach on July 23, 2022.

    Database: "World Development Indicators" Country: 266 (all available) Series: "CO2 emissions (kt)", "GDP (current US$)", "GNI, Atlas method (current US$)", and "Population, total" Time: 1960, 1970, 1980, 1990, 2000, 2010, 2017, 2018, 2019, 2020, 2021 Layout: Custom -> Time: Column, Country: Row, Series: Column Download options: Excel

    Preprocessing

    With libreoffice,

    remove non-country entries (lines after Zimbabwe), shorten column names for easy processing: Country Name -> Country, Country Code -> Code, "XXXX ... GNI ..." -> GNI_1990, etc (notice '_', not '-', for R), remove unnesssary rows after line Zimbabwe.

  19. T

    GDP by Country in AFRICA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 27, 2017
    + more versions
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    TRADING ECONOMICS (2017). GDP by Country in AFRICA [Dataset]. https://tradingeconomics.com/country-list/gdp?continent=africa
    Explore at:
    xml, json, csv, excelAvailable download formats
    Dataset updated
    May 27, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Africa
    Description

    This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  20. Countries with the largest proportion of global gross domestic product (GDP)...

    • statista.com
    Updated Aug 6, 2025
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    Statista (2025). Countries with the largest proportion of global gross domestic product (GDP) 2024 [Dataset]. https://www.statista.com/statistics/270183/countries-with-the-largest-proportion-of-global-gross-domestic-product-gdp/
    Explore at:
    Dataset updated
    Aug 6, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    The statistic shows the 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2024. In 2023, Germany had an estimated share of about 3.06 percent of the global GDP.

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Statista (2025). Global gross domestic product (GDP) 2030 [Dataset]. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/
Organization logo

Global gross domestic product (GDP) 2030

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134 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 28, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Worldwide
Description

The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

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