Your English writing platform
Discover LudwigSimilar(12)
Its planned primary surplus, which excludes interest owed on debt, of 1.8% of GDP ended up being a 0.6% deficit.
(If the latest numbers are to be believed, Japan's GDP ended up contracting by 5% last year).Similar revisions are possible this time round.
Because so much of the GDP ends up in the government's coffers, the average disposable income isn't any higher than in other countries in Northern Europe.
And while the test scores of children from the poorest countries were affected by poverty, all correlation with per capita GDP ends at $11,500.
To that end, DGM urges ending GDP as a measure of economic well-being and tool for economic policy.
Although the GOP predicts 3percentt GDP growth, several experts predict a flat GDP for the fiscal year ending June 30.
The country's current-account deficit widened to 4.3% of GDP in the quarter ending in September.
It has grown to A$41 billion ($32 billion), equivalent to 2.6% of GDP, for the fiscal year ending in June, from a projected A$30 billion a year ago.
The states' deficit should drop to 2.2% of GDP in the year ending March 2012, from a peak of almost 5% a decade ago.
The current-account deficit, though growing, is expected to be less than 2% of GDP in the fiscal year ending next March.
The government tries hard to conceal this fact, boasting that it has reduced its deficit to an estimated 3.3% of GDP in the year ending March, from 6.5% in 2001-02.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com