In the first quarter of 2024, the Gross Domestic Product (GDP) in Tunisia increased by 0.2 percent compared to the same quarter of 2023. Moreover, it rose by 0.6 percent compared to the previous quarter. Following the economic impact of the coronavirus (COVID-19) outbreak, the GDP decreased by -1 percent in the first quarter of 2021, compared to the previous year. Economic recovery after COVID-19 As of the first quarter of 2024, Tunisia’s GDP experienced a growth rate of 0.2 percent, recovering from the decline in the two previous quarters. However, in 2020, the Tunisian GDP growth rate assumed a negative value for the first time since 2012. Previously, negative growth had been recorded in 2011 concurrently with the Jasmine Revolution. The economy then gradually recovered after 2020, with the GDP expanding by 4.61 percent in 2021 and 0.42 percent in 2023. After declining in 2020, the GDP per capita was also set to grow again to reach around 4,416 U.S. dollars by 2027. Overall, Tunisia is a small economy and ranks among the countries with the lowest GDP per capita in the Middle East and North Africa (MENA). Compared to other countries in the region, its territory is not particularly rich in oil and gas. Its industries mainly operate in textiles, mining and phosphates, and agri-food. Main sectors to drive economic growth The economy of Tunisia is largely based on the tertiary sector, with services contributing around 60 percent to the GDP. Within this sector, the tourism industry is particularly profitable. Tourists are especially attracted by the country’s seaside resorts, as well as the suggestive landscapes of the Sahara Desert. The global tourism industry was hit hard by the COVID-19 crisis and Tunisia registered a significant fall in the annual number of tourists in 2020, however, the sector managed to recover, with 6.89 million arrivals in 2023. Agriculture represents another significant driver of economic growth, accounting for around 10 percent of the country’s GDP and employing roughly 14 percent of the working population. Cereals lead the domestic agricultural production, while olive oil, dates, and fish represent the main exports.

Gross domestic product is the total value of all goods and services produced in a country in a year. It is considered an important indicator of the economic strength of a country. In 2023, GDP in Turkey amounted to around 1,129.97 billion U.S. dollars. Gross domestic product as a reliable indicatorGross domestic product, or GDP for short, not only shows the aforementioned value; by doing so it gives an idea of the state of a country’s economy and standard of living. The higher and more stable a country’s GDP, the better its economic situation. Since GDP is measured consistently worldwide, comparisons between countries are possible and quite reliable. Turkey’s economy on the decline? Turkey’s gross domestic product has been on a decline for the past years and is estimated to hit rock bottom in 2019, with a projected steep upturn afterwards. At the same time, inflation is set to peak at almost 17.5 percent the same year, and unemployment is on the rise. All in all, the figures do not look promising for Turkey, but at least estimations assume a quick recovery. However, this economic development is likely due to the political path the country has chosen in recent years, and it remains to be seen if the forecasts will prove true in the future or if Turkey’s economy needs to brace itself for a further downturn instead.

The Gross Domestic Product (GDP) in Czech Republic expanded 0.70 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides the latest reported value for - Czech Republic GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product of the United Kingdom was around 2.56 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.54 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. How big is the UK economy in relation to the rest of the world? As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.  

Russia's gross domestic product (GDP) was estimated to have increased by 3.2 percent in October 2024 compared to the same month of the previous year. In April 2023, the monthly GDP growth was positive for the first time since March 2022. In April 2020, the country’s GDP fell by nearly 10 percent as a result of the crisis caused by the coronavirus (COVID-19) pandemic as well as the oil price crash. Russian economy outlook for 2025 Russia’s annual GDP was projected to increase by 1.35 percent in 2025. The level of prices in the country was expected to continue growing, with the inflation rate forecast at 4.7 percent in that year. Post-pandemic economic recovery in selected countries Countries across the world saw a sharp decrease in GDP in 2020 due to the COVID-19 pandemic. In 2023, the European Commission foresaw an increase in all European Union (EU) members' GDP, ranging from the lowest of 1.1 percent in Sweden and Italy to the highest of five percent in Ireland. In Latin America, the most significant increase in GDP was recorded in Peru, at 5.2 percent in 2022.

The UK economy shrank by 0.1 percent in January 2025 after growing by 0.4 percent in December. Since a huge decline in GDP in April 2020, the UK economy has gradually recovered and is now around 3.4 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.

The Gross Domestic Product (GDP) in South Korea expanded 0.10 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - South Korea GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Indonesia expanded 0.53 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Czech Republic CZ: GDP: Growth data was reported at -0.085 % in 2023. This records a decrease from the previous number of 2.847 % for 2022. Czech Republic CZ: GDP: Growth data is updated yearly, averaging 2.715 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 6.623 % in 2006 and a record low of -11.615 % in 1991. Czech Republic CZ: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Czech Republic – Table CZ.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in 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.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The Gross Domestic Product (GDP) in Argentina expanded 2.10 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - Argentina GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows the estimated change in GDP due to the economic crisis in selected countries. In 2009, the GDP of Ireland will fall by 8 percentage points.

The Gross Domestic Product (GDP) in Thailand expanded 3.20 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Thailand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Djibouti gdp growth rate for 2023 was 6.68%, a 2.95% increase from 2022.

• Djibouti gdp growth rate for 2022 was 3.73%, a 0.79% decline from 2021.
• Djibouti gdp growth rate for 2021 was 4.52%, a 3.21% increase from 2020.
• Djibouti gdp growth rate for 2020 was 1.32%, a 4.23% decline from 2019.

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.

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.

The Gross Domestic Product (GDP) in Colombia expanded 0.60 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Colombia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dashboard is part of SDGs Today. Please see sdgstoday.orgGross Domestic Product (GDP) is one of the most commonly used measures for tracking national accounts and economic activity. Tracking growth over time can provide insights into the growth or decline of a nation’s economic activities following global/national events, policy changes, and other large-scale phenomena.The OECD's quarterly national accounts (QNA) dataset presents GDP growth data collected from all the OECD member countries and some other major economies on the basis of a standardised questionnaire. It contains a wide selection of generally seasonally adjusted quarterly series most widely used for economic analysis from 1960 or whenever available. These indicators include measures such as GDP expenditure/output and industry-based employment rates. All available OECD QNA measurements are made available to the public here.For more information, contact STAT.Contact@oecd.org.

The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Caledonia gdp growth rate for 2022 was 3.50%, a 5.6% increase from 2021.

• New Caledonia gdp growth rate for 2021 was -2.10%, a 0.3% increase from 2020.
• New Caledonia gdp growth rate for 2020 was -2.40%, a 1% decline from 2019.
• New Caledonia gdp growth rate for 2019 was -1.40%, a 5.4% decline from 2018.

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.

Nauru gdp growth rate for 2023 was 0.70%, a 1.45% decline from 2022.

• Nauru gdp growth rate for 2022 was 2.16%, a 5.59% decline from 2021.
• Nauru gdp growth rate for 2021 was 7.75%, a 6.18% increase from 2020.
• Nauru gdp growth rate for 2020 was 1.57%, a 6.97% decline from 2019.

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.

Antigua and Barbuda gdp growth rate for 2023 was 3.86%, a 5.65% decline from 2022.

• Antigua and Barbuda gdp growth rate for 2022 was 9.52%, a 1.32% increase from 2021.
• Antigua and Barbuda gdp growth rate for 2021 was 8.19%, a 27.07% increase from 2020.
• Antigua and Barbuda gdp growth rate for 2020 was -18.88%, a 21.98% decline from 2019.

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.