Graph and download economic data for Nominal Gross Domestic Product for Canada (NGDPSAXDCCAQ) from Q1 1961 to Q1 2025 about Canada and GDP.

The Gross Domestic Product (GDP) in Canada expanded 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of the first quarter of 2025, the GDP of the U.S. fell by 0.5 percent from the fourth 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.

The Gross Domestic Product (GDP) in the United States expanded 3 percent in the second 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.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q1 2025 about GDP and USA.

In the second quarter of 2025, the growth of the real gross domestic product (GDP) in China ranged at *** percent compared to the same quarter of the previous year. 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. GDP growth in China In 2024, China ranged second among countries with the largest gross domestic product worldwide. Since the introduction of economic reforms in 1978, the country has experienced rapid social and economic development. In 2013, it became the world’s largest trading nation, overtaking the United States. However, per capita GDP in China was still much lower than that of industrialized countries. Until 2011, the annual growth rate of China’s GDP had constantly been above nine percent. However, economic growth has cooled down since and is projected to further slow down gradually in the future. Rising domestic wages and the competitive edge of other Asian and African countries are seen as main reasons for the stuttering in China’s economic engine. One strategy of the Chinese government to overcome this transition is a gradual shift of economic focus from industrial production to services. Challenges to GDP growth Another major challenge lies in the massive environmental pollution that China’s reckless economic growth has caused over the past decades. China’s development has been powered mostly by coal consumption, which resulted in high air pollution. To counteract industrial pollution, further investments in waste management and clean technologies are necessary. In 2017, about **** percent of GDP was spent on pollution control. Surging environmental costs aside, environmental issues could also be a key to industrial transition as China placed major investments in renewable energy and clean tech projects. The consumption of green energy skyrocketed from **** exajoules in 2005 to **** million in 2022.

Graph and download economic data for Nominal Gross Domestic Product for Russia (NGDPNSAXDCRUQ) from Q1 1994 to Q4 2024 about Russia and GDP.

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.

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

Quarterly expenditure-based, gross domestic product, Canada, in chained (2017) and current dollars.

Graph and download economic data for Nominal Gross Domestic Product for Poland (NGDPNSAXDCPLQ) from Q1 1995 to Q1 2025 about Poland and GDP.

Key information about Panama Private Debt: % of Nominal GDP

• Panama Private Debt accounted for 69.77 % of its Nominal GDP in Sep 2024, compared with a ratio of 69.20 % in the previous quarter
• Panama Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2007 to Sep 2024, with an average share of 77.46 %
• The data reached an all-time high of 93.86 % in Mar 2021 and a record low of 68.71 % in Dec 2023

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated by subtracting Private Credits to Financial Institutions and Insurance from Total Private Credits. The Superintendency of Banks of Panama provides Private Debt in local currency. The National Institute of Statistics and Census provides Nominal GDP in local currency based on SNA 2008. Private Debt as % of Nominal GDP prior to Q4 2018 is calculated from Nominal GDP based on SNA 1993.

Key information about Oman Private Debt: % of Nominal GDP

• Oman Private Debt accounted for 103.20 % of its Nominal GDP in Sep 2024, compared with a ratio of 50.23 % in the previous quarter
• Oman Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2005 to Sep 2024, with an average share of 47.43 %
• The data reached an all-time high of 103.20 % in Sep 2024 and a record low of 30.13 % in Jun 2006

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Loans to Private Sector in OMR and Foreign Currency. The Central Bank of Oman provides Private Debt in local currency. The National Centre for Statistics and Information provides year-to-date Nominal GDP in local currency based on SNA 2008. Private Debt includes Financial Sector. Private Debt as % of Nominal GDP prior to Q4 2010 is calculated from Nominal GDP based on SNA 1993.

The Gross Domestic Product (GDP) in Indonesia expanded 4.87 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Indonesia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Jordan Private Debt: % of Nominal GDP

• Jordan Private Debt accounted for 80.63 % of its Nominal GDP in Sep 2024, compared with a ratio of 81.04 % in the previous quarter
• Jordan Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 2002 to Sep 2024, with an average share of 72.09 %
• The data reached an all-time high of 88.44 % in Sep 2007 and a record low of 64.57 % in Dec 2003

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. The Central Bank of Jordan provides Private Debt in local currency. The Department of Statistics provides Nominal GDP in local currency based on SNA 2008. Private Debt as % of Nominal GDP prior to Q4 2008 is calculated from Nominal GDP based on SNA 1993.

Key information about Georgia Private Debt: % of Nominal GDP

• Georgia Private Debt accounted for 65.27 % of its Nominal GDP in Sep 2024, compared with a ratio of 65.62 % in the previous quarter
• Georgia Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 1996 to Sep 2024, with an average share of 31.74 %
• The data reached an all-time high of 77.30 % in Mar 2021 and a record low of 3.01 % in Dec 1996

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Claims on Other Non Financial Organizations and Other Resident Sectors. The National Bank of Georgia provides Private Debt in local currency. The National Statistics Office of Georgia provides Nominal GDP in local currency based on SNA 2008. Private Debt as % of Nominal GDP prior to Q4 2015 is calculated from Private Debt based on old classification and Nominal GDP based on SNA 1993. Private Debt is calculated as the sum of Claims on Other Non Financial Corporations, Individuals and Other Claims on Private Sector.

In the first quarter of 2025, the quarterly gross domestic product of the United Kingdom was approximately, 647 billion British pounds, compared with around 642.3 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.

Key information about Moldova Private Debt: % of Nominal GDP

• Moldova Private Debt accounted for 24.44 % of its Nominal GDP in Dec 2024, compared with a ratio of 22.93 % in the previous quarter
• Moldova Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 2000 to Dec 2024, with an average share of 23.23 %
• The data reached an all-time high of 38.86 % in Jun 2008 and a record low of 10.50 % in Sep 2005

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Credits to Private Sector and Other Resident Sector in MDL and Foreign Currency. The National Bank of Moldova provides Private Debt in local currency. The National Bureau of Statistics of the Republic of Moldova provides Nominal GDP in local currency based on SNA 2008. Private Debt as % of Nominal GDP prior to Q4 2010 is calculated from Nominal GDP based on SNA 1993.

Key information about Bosnia and Herzegovina Private Debt: % of Nominal GDP

• Bosnia and Herzegovina Private Debt accounted for 45.44 % of its Nominal GDP in Sep 2024, compared with a ratio of 45.03 % in the previous quarter
• Bosnia and Herzegovina Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2008 to Sep 2024, with an average share of 53.00 %
• The data reached an all-time high of 55.45 % in Jun 2014 and a record low of 43.03 % in Sep 2023

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Loans to Non Financial Enterprises and Cooperatives, Households, and Non Profit Organizations. The Central Bank of Bosnia and Herzegovina provides Private Debt in local currency. The Agency for Statistics of Bosnia and Herzegovina provides Nominal GDP in local currency based on ESA 2010. Private Debt as % of Nominal GDP prior to Q4 2012 is calculated from Nominal GDP based on ESA 1995.

Key information about China Consolidated Fiscal Balance: % of GDP

• China Consolidated Fiscal Balance recorded a deficit equal to 4.8 % of its Nominal GDP in Dec 2024, compared with a deficit equal to 4.9 % in the previous quarter
• China Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1995 to Dec 2024, with an average ratio of -2.0 %
• The data reached an all-time high of 1.4 % in Jun 2008 and a record low of -6.1 % in Dec 2020

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of Finance provides year-to-date Consolidated Fiscal Balance in local currency. The National Bureau of Statistics provides year-to-date Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP prior to Q4 2007 is calculated from non year-to-date Consolidated Fiscal Balance.


Further information about China Consolidated Fiscal Balance: % of GDP

• In the latest reports, China National Government Debt reached 4,230.0 USD bn in Dec 2023
• China Nominal GDP reached 4,166.8 USD bn in Mar 2023