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The Gross Domestic Product (GDP) in the United States contracted 0.50 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.
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.
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The Gross Domestic Product (GDP) in Japan stagnated 0 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The UK economy grew by 0.7 percent in the first quarter of 2025, compared with 0.1 percent growth in the previous quarter. After ending 2023 in recession, the UK economy grew strongly in the first half of 2024, growing by 0.8 percent in Q1, and 0.4 percent in Q2, with growth slowing in the second half of the year. In the third quarter of 2020 the UK experienced record setting growth of 16.8 percent, which itself followed the record 20.3 percent contraction in Q2 2020. Growing economy key to Labour's plans Since winning the 2024 general election, the UK's Labour Party have seen their popularity fall substantially. In February 2025, the government's approval rating fell to a low of -54 percent, making them almost as disliked as the Conservatives just before the last election. A string of unpopular policies since taking office have taken a heavy toll on support for the government. Labour hope they can reverse their declining popularity by growing the economy, which has underperformed for several years, and when measured in GDP per capita, fell in 2023, and 2024. Steady labor market trends set to continue? After a robust 2022, the UK labor market remained resilient throughout 2023 and 2024. The unemployment rate at the end of 2024 was 4.4 percent, up from four percent at the start of the year, but still one of the lowest rates on record. While the average number of job vacancies has been falling since a May 2022 peak, there was a slight increase in January 2025 when compared with the previous month. The more concerning aspect of the labor market, from the government's perspective, are the high levels of economic inactivity due to long-term sickness, which reached a peak of 2.84 million in late 2023, and remained at high levels throughout 2024.
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The Gross Domestic Product (GDP) In the Euro Area expanded 0.60 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Euro Area GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product (GDP) in Lithuania expanded 0.40 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Lithuania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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This table provides quarterly and annual data on production, expenditures, income and external economic transactions of The Netherlands. Data available from 1995. Status of the figures: Annual data of the period 1995-2021 are final. Quarterly data from 2021 are provisional. Since this table has been discontinued, provisional data will not become final. Changes as of June 24th 2024: None. This table has been discontinued. Statistics Netherlands has carried out a revision of the national accounts. The Dutch national accounts are recently revised. New statistical sources, methods and concepts are implemented in the national accounts, in order to align the picture of the Dutch economy with all underlying source data and international guidelines for the compilation of the national accounts. This table contains revised data. For further information see section 3. When will new figures be published? Not applicable anymore.
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This table provides data from Quarterly National Accounts (QNA) of Statistics The Netherlands. It contains quarterly and annual data on production, expenditures, income and external economic transactions of The Netherlands. Data available from 1995. Status of the figures: Annual data of the period 1995-2021 are final. Quarterly data from 2021 are provisional. Since this table has been discontinued, provisional data will not become final. Changes as of June 24th 2024: None. This table has been discontinued. Statistics Netherlands has carried out a revision of the national accounts. The Dutch national accounts are recently revised. New statistical sources, methods and concepts are implemented in the national accounts, in order to align the picture of the Dutch economy with all underlying source data and international guidelines for the compilation of the national accounts. This table contains revised data. For further information see section 3. When will new figures be published? Not applicable anymore.
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The Gross Domestic Product (GDP) in Czech Republic expanded 0.70 percent in the first 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.
A series for the GDP deflator in index form is produced by the Treasury from data provided by the Office for National Statistics (ONS) and the Office for Budget Responsibility (OBR). The GDP deflator set is updated after every ONS Quarterly National Accounts release (at the end of each quarter) and whenever the OBR updates its GDP deflator forecasts (usually twice a year).
Outturn data are the latest Quarterly National Accounts figures from the ONS, 27 June 2014. GDP deflators from 1955-56 to 2013-14 have been taken directly from fiscal period ONS series http://www.ons.gov.uk/ons/rel/naa2/quarterly-national-accounts/q1-2014/rft-data-ref-tables-q1-2014.xls" class="govuk-link">L8GG (Table N). GDP deflators from 1955 to 2013 have been taken from calendar period ONS series http://www.ons.gov.uk/ons/rel/naa2/quarterly-national-accounts/q1-2014/rft-data-ref-tables-q1-2014.xls" class="govuk-link">MNF2 (see Table O).
Forecasts are consistent with data produced by the OBR for the 19 March 2014 Budget.
Calendar year GDP deflators have been revised from 1955 to 2013 in these spreadsheets. It is now correctly referencing ONS calendar year series MNF2 rather than MNX5 and therefore market prices rather than basic prices data.
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The Gross Domestic Product (GDP) in Saudi Arabia expanded 3.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Saudi Arabia 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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GDP: sa: Changes in Inventories data was reported at 1,548.000 EUR mn in Dec 2024. This records an increase from the previous number of 1,401.700 EUR mn for Sep 2024. GDP: sa: Changes in Inventories data is updated quarterly, averaging 289.900 EUR mn from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 3,544.000 EUR mn in Mar 2007 and a record low of -2,198.400 EUR mn in Mar 2009. GDP: sa: Changes in Inventories data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Greece – Table GR.OECD.MEI: Gross Domestic Product: Seasonally Adjusted: OECD Member: Quarterly. [STAT_CONC_DEF] Methodological changes have been applied to data from 2010-Q1 at the occasion of the December 2020 benchmark revision. These methodological changes still need to be incorporated to back data. Therefore there is a break in data in 2010-Q1. Furthermore, volume data before 2010 is still based on the old reference year 2010.
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The Gross Domestic Product (GDP) in Denmark contracted 1.30 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.
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GDP Growth Annualized in Israel increased to 3.70 percent in the first quarter of 2025 from 2 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Israel GDP Growth Annualized - 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 Italy expanded 0.30 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Italy GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Gross Domestic Product (GDP) in the United States contracted 0.50 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.