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Monthly GDP MoM in Sweden increased to 0.60 percent in March from -0.70 percent in February of 2025. This dataset includes a chart with historical data for Sweden Monthly GDP MoM.
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The Gross Domestic Product (GDP) in Estonia contracted 0.30 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Estonia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
As of April 2021, Mexico's gross domestic product (GDP) was forecasted to increase by five percent during 2021. Mexico was one of the Latin American countries that faced the worst recession after the COVID-19 pandemic, as its GDP fell over eight percent in 2020. Among the biggest economies in the region, Brazil was expected to experience one of the lowest GDP growth in 2021, at around 3.7 percent.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
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The Gross Domestic Product (GDP) in Moldova contracted 1.30 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Moldova Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2022, the regional gross domestic product (GDP) in Latin America and the Caribbean grew more than four percent compared to the previous year. In 2020, the GDP of all the subregion shrunk, with Central America being the worst hit by the economic crisis spawned from the coronavirus pandemic, with a real GDP decrease of seven percent. This was the first time that this part of Latin America experiences a GDP fall since at least 2016. Forecasts for 2023 are fairly optimistic as well.
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The Gross Domestic Product (GDP) in the United States contracted 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Gross Domestic Product (GDP) in Denmark contracted 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Denmark GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In the first quarter of 2025, the quarterly gross domestic product of the United Kingdom was approximately, 646.8 billion British pounds, compared with around 642 billion pounds in the previous quarter. The large dip in GDP that can be seen in the second quarter of 2020 saw the UK economy fall from 604.7 billion pounds to 481.8 billion, with more usual levels of output not recovering until well into 2021. The COVID-19 lockdowns enacted by the UK government at that time was the main reason for this large fall in GDP. Growth lagging as UK heads into 2025 After ending 2023 in recession, the UK economy started 2024 with the strongest quarterly GDP growth in several years, growing by 0.7 percent in the first quarter, and then by 0.4 percent in the second quarter. Economic growth in the second half of the year was, however, far less promising, with GDP flatlining in the third quarter, and monthly GDP shrinking by 0.1 percent in September and then again in October. Although GDP is still forecast to grow in 2025, the overall economic picture is precarious. In November, UK inflation rose to 2.6 percent, compared with just 1.7 percent in September, while the labor market continues to show signs of cooling after a period of high job vacancies and low unemployment. Labour pinning hopes on long-term growth After winning its first general election in 19 years in 2024, the Labour Government has seen its approval ratings plummet in its first few months in office. This shaky start is partly due to a government strategy of making unpopular decisions early in their tenure, which they hope will eventually encourage stable economic growth in the mid to long-term. By far the least popular policy was the withdrawal of winter fuel benefits for a significant number of pensioners, a cost-cutting measure deemed necessary due to the UK's vulnerable public finance position, with government debt at around 100 percent of GDP. A further measure introduced was a national insurance tax increase for employers, with almost half of UK firms citing increased taxes as their main external concern in Q3 2024. Avoiding any further tax rises or cuts to services will depend on if policies in other areas, such as planning reform, will kickstart the UK economy in time before the next election.
Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.
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Monthly GDP YoY in Finland increased to 0.90 percent in April from -0.40 percent in March of 2025. This dataset includes a chart with historical data for Finland Trend Indicator of Output YoY.
The United States has had the highest economic growth in the G7 since the start of the COVID-19 pandemic, with its economy 5.4 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 0.5 percent in the same time period.
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Key information about Greece GDP Per Capita
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The Gross Domestic Product (GDP) in Nicaragua expanded 3.70 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Nicaragua GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product (GDP) in Mexico expanded 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Mexico GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Government spending as a share of Gross Domestic Product (GDP) by the member states of the European has consistently exceeded 45 percent over the period since 1995, reaching over 50 percent of annual production in 1995 and 1996, as well as the crisis years of 2009, 2020, and 2021. Government spending as a share of GDP should automatically expand during recessions and crises, as GDP shrinks, while the 'automatic stabilizers' of unemployment insurance and other welfare benefits expand. Due to the COVID-19 pandemic, governments in the EU also expanded their spending on health care services and economic affairs, as they attempted to support their domestic healthcare systems, while stimulating economic activity in the private sector through targeted subsidies.
In 2020, Italy's GDP dropped by 8.9 percent, while in 2021 it grew by 6.5 percent. According to a forecast from winter 2022, the Italian GDP will increase by 4.1 percent in 2022, and by 2.3 percent in 2023. For a global overview of the economic impact of the coronavirus pandemic, consult the report Coronavirus: impact on the global economy.
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The Gross Domestic Product (GDP) in Palestine contracted 1 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - Palestine GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Gross Domestic Product (GDP) in Brunei contracted 1.10 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Brunei GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Packaging and labeling service companies have weathered substantial changes in recent years. The rapid growth of e-commerce sales, especially during COVID-19, rapidly bolstered demand for logistics, packaging and labeling services, resulting in substantial revenue growth in 2020 and 2021. As restrictions eased, a shift back to in-person shopping led to a slowdown in e-commerce growth from 2022, though growth in e-commerce sales still outpaced the overall economy due to the convenience of online shopping. Regardless, slower growth in e-commerce sales reduced revenue growth somewhat and contributed to a modest decline in profit over the past five years. While strong economic growth benefited providers during the pandemic recovery, rising inflation in 2022 affected consumer spending, reducing demand for ancillary industries and hindering revenue. The Federal Reserve's interest rate increases from 2022 to 2024 enhanced recessionary fears through constraining consumer spending. In response, manufacturers began insourcing packaging to cut expenses and preserve profit in case of a potential downturn, reducing demand for the industry’s services and slowing revenue growth in 2023 and 2024. In late 2024, a reversal in interest rates provided a more positive outlook for 2025 but future economic policies remain uncertain. Overall, revenue for packaging and labeling service providers has swelled at a CAGR of 3.1% over the past five years, reaching $13.8 billion in 2025. This includes a 2.0% rise in revenue in that year. Due to steady economic growth, packaging and labeling service companies are expected to benefit from stable revenue streams. Although e-commerce market saturation will slow revenue growth compared to previous years, higher GDP and wage growth will boost consumer spending, driving demand for these services. Elevated corporate profit will also encourage businesses to outsource packaging, providing additional revenue opportunities. However, tariffs on imports from Canada, Mexico and China could disrupt economic stability, reduce GDP growth and lower consumer spending, impacting demand for the industry’s services. Compliance with the Drug Supply Chain Security Act (DSCSA) will heighten reliance on packaging firms despite increased regulatory costs. On top of this, intelligent packaging, which leverages technologies like sensors and blockchain, is poised to revolutionize the industry, favoring larger corporations that can adopt these innovations, while smaller companies might target niche markets to remain competitive. Overall, revenue for packaging and labeling service companies is forecast to expand at a CAGR of 1.9% over the next five years, reaching $15.1 billion in 2030.
In 2023, inward foreign direct investment (FDI) flows to China ranged at approximately 0.92 percent of the Chinese gross domestic product (GDP). Over the last decade, FDI inflows grew at a much slower pace than GDP, leading to a shrinking FDI inflows to GDP ratio.
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Monthly GDP MoM in Sweden increased to 0.60 percent in March from -0.70 percent in February of 2025. This dataset includes a chart with historical data for Sweden Monthly GDP MoM.