100+ datasets found
  1. Gross domestic product (GDP) growth rate in Mexico 2030

    • statista.com
    Updated May 20, 2025
    + more versions
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    Statista (2025). Gross domestic product (GDP) growth rate in Mexico 2030 [Dataset]. https://www.statista.com/statistics/263608/gross-domestic-product-gdp-growth-rate-in-mexico/
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    Dataset updated
    May 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Mexico
    Description

    The statistic depicts Mexico's real gross domestic product (GDP) growth rate from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, Mexico's real GDP grew by about 1.45 percent compared to the previous year. Mexico's economy Mexico, having not been dramatically affected by the 2002 South American crisis, has one of the strongest economies in the Americas behind the United States and Canada. By improving its macroeconomic rules and regulations, Mexico improved on many aspects of its economy, most notably inflation. Several goals that the government wanted accomplish were the improvement of infrastructure around the country as well as newer tax laws that would allow for higher income equality. Mexico is generally an export-oriented country, with the majority of export goods consisting of electronics, automobiles and agricultural goods. Exports over the past decade have seen continuous growth, with the exception of 2009. This increase in exports is largely due to an increasing number of free trade agreements with international countries, which essentially eliminate tariffs between member countries. However, Mexico imports more than they export, having recorded an annual trade deficit over the past decade. While most economics label this as a negative aspect, other economics believe that trade deficits are associated with positive economic developments.

  2. T

    Brazil GDP Annual Growth Rate

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Sep 2, 2025
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    TRADING ECONOMICS (2025). Brazil GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/brazil/gdp-growth-annual
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    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Sep 2, 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, 1991 - Jun 30, 2025
    Area covered
    Brazil
    Description

    The Gross Domestic Product (GDP) in Brazil expanded 2.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Brazil GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  3. T

    Czech Republic GDP Growth Rate

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 29, 2025
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    TRADING ECONOMICS (2025). Czech Republic GDP Growth Rate [Dataset]. https://tradingeconomics.com/czech-republic/gdp-growth
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    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Aug 29, 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
    Jun 30, 1995 - Jun 30, 2025
    Area covered
    Czechia
    Description

    The Gross Domestic Product (GDP) in Czech Republic expanded 0.50 percent in the second quarter of 2025 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.

  4. Gross domestic product (GDP) growth rate in Indonesia 2030

    • statista.com
    • barnesnoapp.net
    Updated May 20, 2025
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    Statista (2025). Gross domestic product (GDP) growth rate in Indonesia 2030 [Dataset]. https://www.statista.com/statistics/320068/gross-domestic-product-gdp-growth-rate-in-indonesia/
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    Dataset updated
    May 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Indonesia
    Description

    The statistic shows the growth in real GDP in Indonesia from between 2020 to 2024, with projections up until 2030. In 2024, Indonesia's real gross domestic product grew by around 5.03 percent compared to the previous year. Indonesia's economy on the rise Indonesia is a nation with a growing economy and a steadily increasing population. It is estimated that the total population in Indonesia will surpass 255 million inhabitants by 2016 and continue to grow fast. Indonesia reports the fourth-largest population worldwide, and it is also the fifteenth-largest country by total area. The country's biggest contributor to gross domestic product is the industry, with services close behind. In 2013, industry contributed more than 45 percent to Indonesia's gross domestic product in Indonesia. The economy in Indonesia has been on the rise over the past years, and Indonesia is slowly establishing itself as one of the world’s most powerful economic players. In 2014, Indonesia's gross domestic product (GDP) amounted to more than 856 billion U.S. dollars, that's higher than Saudi Arabia's GDP, for example. GDP is calculated by analyzing the volume and value of goods and services that a country can produce in a specific time period. Emerging markets and developing economies, such as Indonesia, make up around 57 percent of global gross domestic product. Another indicator of economic strength is GDP per capita, which helps to assess the quality of life in a country and the growth of the economy. GDP per capita in Indonesia has been estimated to almost quadruple in the time period between 2004 and 2014, indicating an increase in living standards.

  5. GDP Growth Rate Annualized

    • tipranks.com
    Updated Aug 29, 2025
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    TipRanks (2025). GDP Growth Rate Annualized [Dataset]. https://www.tipranks.com/calendars/economic/gdp-growth-rate-annualized-7309
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    Dataset updated
    Aug 29, 2025
    Dataset authored and provided by
    TipRankshttp://www.tipranks.com/
    Area covered
    ca
    Description

    The 'GDP Growth Rate Annualized' in Canada measures the annualized rate of change in the country's Gross Domestic Product, reflecting the economy's overall health and growth.

  6. I

    India Real GDP Growth

    • ceicdata.com
    Updated Mar 15, 2025
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    CEICdata.com (2025). India Real GDP Growth [Dataset]. https://www.ceicdata.com/en/indicator/india/real-gdp-growth
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    Dataset updated
    Mar 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
    Mar 1, 2020 - Dec 1, 2022
    Area covered
    India
    Variables measured
    Gross Domestic Product
    Description

    Key information about India Real GDP Growth

    • The Gross Domestic Product (GDP) in India expanded 4.4 % YoY in Dec 2022, following a growth of 6.3 % in the previous quarter.
    • Real GDP Growth YoY data in India is updated quarterly, available from Jun 2005 to Dec 2022, with an average rate of 7.2 %.
    • The data reached an all-time high of 21.6 % in Jun 2021 and a record low of -23.4 % in Jun 2020.
    CEIC calculates Real GDP Growth from quarterly Real GDP. Ministry of Statistics and Programme Implementation provides Real GDP in local currency based on SNA 2008, at 2011-2012 prices. Real GDP prior to Q2 2012 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices.


    Related information about India Real GDP Growth

    • In the latest reports, Nominal GDP of India reached 844.6 USD bn in Dec 2022.
    • Its GDP deflator (implicit price deflator) increased 6.6 % in Dec 2022.
    • GDP Per Capita in India reached 2,301.4 USD in Mar 2022.
    • Its Gross Savings Rate was measured at 30.2 % in Mar 2022.
    • For Nominal GDP contributions, Investment accounted for 28.4 % in Dec 2022.
    • Public Consumption accounted for 9.0 % in Dec 2022.
    • Private Consumption accounted for 63.3 % in Dec 2022.

  7. T

    Indonesia GDP Growth Rate

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 5, 2025
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    TRADING ECONOMICS (2025). Indonesia GDP Growth Rate [Dataset]. https://tradingeconomics.com/indonesia/gdp-growth
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Aug 5, 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
    Mar 31, 2005 - Jun 30, 2025
    Area covered
    Indonesia
    Description

    The Gross Domestic Product (GDP) in Indonesia expanded 4.04 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  8. y

    US Real GDP QoQ

    • ycharts.com
    html
    Updated Sep 25, 2025
    + more versions
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    Bureau of Economic Analysis (2025). US Real GDP QoQ [Dataset]. https://ycharts.com/indicators/us_real_gdp_growth
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    htmlAvailable download formats
    Dataset updated
    Sep 25, 2025
    Dataset provided by
    YCharts
    Authors
    Bureau of Economic Analysis
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jun 30, 1947 - Jun 30, 2025
    Area covered
    United States
    Variables measured
    US Real GDP QoQ
    Description

    View quarterly updates and historical trends for US Real GDP QoQ. from United States. Source: Bureau of Economic Analysis. Track economic data with YChart…

  9. F

    Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real...

    • fred.stlouisfed.org
    json
    Updated Sep 17, 2025
    + more versions
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    (2025). Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median [Dataset]. https://fred.stlouisfed.org/series/GDPC1MDLR
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Sep 17, 2025
    License

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

    Description

    Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median (GDPC1MDLR) from 2015-06-17 to 2025-09-17 about projection, median, real, GDP, rate, and USA.

  10. R

    Russia Real GDP Growth

    • ceicdata.com
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    CEICdata.com, Russia Real GDP Growth [Dataset]. https://www.ceicdata.com/en/indicator/russia/real-gdp-growth
    Explore at:
    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
    Jun 1, 2020 - Mar 1, 2023
    Area covered
    Russia
    Description

    Key information about Russia Real GDP Growth

    • The Gross Domestic Product (GDP) in Russia contracted 2.6 % YoY in Mar 2023, following a negative growth of 3.2 % in the previous quarter.
    • Real GDP Growth YoY data in Russia is updated quarterly, available from Mar 1996 to Mar 2023, with an average rate of 2.7 %.
    • The data reached an all-time high of 12.3 % in Dec 1999 and a record low of -9.4 % in Jun 2009.
    CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Federal State Statistics Service provides Real GDP in local currency at 2021 prices, based on SNA 2008. Real GDP Growth prior to Q1 2012 is calculated from Real GDP at 2008 prices and prior to Q1 2004 from Real GDP at 2003 prices, both based on SNA 1993.


    Related information about Russia Real GDP Growth

    • In the latest reports, Nominal GDP of Russia reached 494.7 USD bn in Mar 2023.
    • Its GDP deflator (implicit price deflator) increased 0.7 % in Mar 2023.
    • GDP Per Capita in Russia reached 15,074.8 USD in Dec 2022.
    • Its Gross Savings Rate was measured at 35.2 % in Dec 2022.
    • For Nominal GDP contributions, Investment accounted for 28.9 % in Dec 2022.
    • Public Consumption accounted for 17.5 % in Dec 2022.
    • Private Consumption accounted for 47.3 % in Dec 2022.

  11. Growth of the global gross domestic product (GDP) 2030

    • statista.com
    Updated May 20, 2025
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    Statista (2025). Growth of the global gross domestic product (GDP) 2030 [Dataset]. https://www.statista.com/statistics/273951/growth-of-the-global-gross-domestic-product-gdp/
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    Dataset updated
    May 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 2025
    Area covered
    Worldwide
    Description

    In most years since 1980, global GDP growth has been relatively consistent, generally fluctuating between two and five percent growth from year to year. The most notable exceptions to this were during the Great Recession in 2009, and again in 2020 during the Covid-19 pandemic, where the global economy actually shrank in both of these years. As the world economy continues to deal with the economic impact of the pandemic, as well as the fallout from Russia's invasion of Ukraine in 2022, the future remains uncertain, however current estimates suggest that annual growth will return to steady figures of around 3 percent in 2029.

  12. T

    Sweden GDP Annual Growth Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Sweden GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/sweden/gdp-growth-annual
    Explore at:
    xml, csv, excel, jsonAvailable download formats
    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
    Mar 31, 1982 - Jun 30, 2025
    Area covered
    Sweden
    Description

    The Gross Domestic Product (GDP) in Sweden expanded 1.40 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Sweden GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  13. Growth of the real gross domestic product (GDP) in Algeria 1980-2030

    • statista.com
    Updated Jun 18, 2025
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    Statista (2025). Growth of the real gross domestic product (GDP) in Algeria 1980-2030 [Dataset]. https://www.statista.com/statistics/408052/gross-domestic-product-gdp-growth-rate-in-algeria/
    Explore at:
    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Algeria
    Description

    The growth of the real gross domestic product (GDP) in Algeria was estimated at approximately 3.54 percent in 2024. Between 1980 and 2024, the growth rose by around 8.94 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by about 1.14 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

  14. S

    Spain Real GDP Growth

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Spain Real GDP Growth [Dataset]. https://www.ceicdata.com/en/indicator/spain/real-gdp-growth
    Explore at:
    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
    Mar 1, 2020 - Dec 1, 2022
    Area covered
    Spain
    Description

    Key information about Spain Real GDP Growth

    • The Gross Domestic Product (GDP) in Spain expanded 2.7 % YoY in Dec 2022, following a growth of 4.8 % in the previous quarter.
    • Real GDP Growth YoY data in Spain is updated quarterly, available from Mar 1996 to Dec 2022, with an average rate of 2.9 %.
    • The data reached an all-time high of 17.9 % in Jun 2021 and a record low of -21.9 % in Jun 2020.
    CEIC calculates quarterly Real GDP Growth from quarterly Real GDP Index. The National Statistics Institute provides Real GDP Index at chain linked 2015 prices.


    Related information about Spain Real GDP Growth

    • In the latest reports, Nominal GDP of Spain reached 352.1 USD bn in Dec 2022.
    • Its GDP deflator (implicit price deflator) increased 5.2 % in Dec 2022.
    • GDP Per Capita in Spain reached 27,002.6 USD in Dec 2020.
    • Its Gross Savings Rate was measured at 21.3 % in Sep 2022.
    • For Nominal GDP contributions, Investment accounted for 22.0 % in Dec 2022.
    • Public Consumption accounted for 22.1 % in Dec 2022.
    • Private Consumption accounted for 53.1 % in Dec 2022.

  15. T

    South Korea GDP Annual Growth Rate

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, South Korea GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/south-korea/gdp-growth-annual
    Explore at:
    csv, xml, json, excelAvailable download formats
    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
    Mar 31, 1961 - Jun 30, 2025
    Area covered
    South Korea
    Description

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

  16. T

    Armenia GDP Annual Growth Rate

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 25, 2012
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    TRADING ECONOMICS (2012). Armenia GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/armenia/gdp-growth-annual
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Oct 25, 2012
    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
    Mar 31, 1998 - Jun 30, 2025
    Area covered
    Armenia
    Description

    The Gross Domestic Product (GDP) in Armenia expanded 5.90 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Armenia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  17. T

    Croatia GDP Growth Rate

    • tradingeconomics.com
    • fr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 15, 2025
    + more versions
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    TRADING ECONOMICS (2025). Croatia GDP Growth Rate [Dataset]. https://tradingeconomics.com/croatia/gdp-growth
    Explore at:
    xml, excel, csv, jsonAvailable 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
    Mar 31, 1996 - Jun 30, 2025
    Area covered
    Croatia
    Description

    The Gross Domestic Product (GDP) in Croatia expanded 1.20 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Croatia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  18. T

    Romania GDP Growth Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Romania GDP Growth Rate [Dataset]. https://tradingeconomics.com/romania/gdp-growth
    Explore at:
    xml, excel, csv, jsonAvailable download formats
    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
    Jun 30, 1995 - Jun 30, 2025
    Area covered
    Romania
    Description

    The Gross Domestic Product (GDP) in Romania expanded 1.20 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Romania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  19. U.S. real GDP growth 2023, by state

    • statista.com
    Updated Oct 15, 2024
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    Statista (2024). U.S. real GDP growth 2023, by state [Dataset]. https://www.statista.com/statistics/248058/percent-change-in-us-real-gross-domestic-product-gdp-by-state/
    Explore at:
    Dataset updated
    Oct 15, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.

  20. Gross domestic product (GDP) growth rate in Italy 2030

    • statista.com
    Updated May 20, 2025
    + more versions
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    Statista (2025). Gross domestic product (GDP) growth rate in Italy 2030 [Dataset]. https://www.statista.com/statistics/263606/gross-domestic-product-gdp-growth-rate-in-italy/
    Explore at:
    Dataset updated
    May 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Italy
    Description

    This statistic shows the real gross domestic product (GDP) growth rate in Italy from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, Italy's real GDP increased by about 0.73 percent compared to the previous year. Italy's national debt Italy’s economy is a developed industrial economy that ranks as one of the largest in the world. A large and efficient economy has helped Italy attain a spot as a member of the G7 and G8, as well as the European Union. After the Second World War, Italy experienced a significant economic boost due to support from the ‘’Free World’’, which is a term used to identify non-communist countries during the Cold War. But several decades of economic growth came to an end after the 2008 recession; from roughly 2007 to 2011, the Italian’s encountered multiple setbacks that shrunk the national economy and dramatically affected the country as a whole. Debt became a major problem and Italy saw annual national debt growth primarily due to the country’s inability to maintain its budget properly as well as an overall decrease in GDP. As a result, investors often questioned the country’s ability to pay off its debts without incurring further debt, particularly due to the country’s large debt-to-GDP ratio, which remains one of the highest in the world.

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Statista (2025). Gross domestic product (GDP) growth rate in Mexico 2030 [Dataset]. https://www.statista.com/statistics/263608/gross-domestic-product-gdp-growth-rate-in-mexico/
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Gross domestic product (GDP) growth rate in Mexico 2030

Explore at:
Dataset updated
May 20, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Mexico
Description

The statistic depicts Mexico's real gross domestic product (GDP) growth rate from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, Mexico's real GDP grew by about 1.45 percent compared to the previous year. Mexico's economy Mexico, having not been dramatically affected by the 2002 South American crisis, has one of the strongest economies in the Americas behind the United States and Canada. By improving its macroeconomic rules and regulations, Mexico improved on many aspects of its economy, most notably inflation. Several goals that the government wanted accomplish were the improvement of infrastructure around the country as well as newer tax laws that would allow for higher income equality. Mexico is generally an export-oriented country, with the majority of export goods consisting of electronics, automobiles and agricultural goods. Exports over the past decade have seen continuous growth, with the exception of 2009. This increase in exports is largely due to an increasing number of free trade agreements with international countries, which essentially eliminate tariffs between member countries. However, Mexico imports more than they export, having recorded an annual trade deficit over the past decade. While most economics label this as a negative aspect, other economics believe that trade deficits are associated with positive economic developments.

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