Sentence examples for gdp shrinkage from inspiring English sources

Of those officially counted as employed, more than half work in the informal economy.Much of the GDP shrinkage is the result of a two-month general strike, a failed bid by the opposition to oust President Hugo Chávez.

The IMF, more realistically, predicts GDP shrinkage of 1.3% in 2013.If Spain's deficit ends up even close to this year's target, Madrid will claim to have produced a near miracle.

Drug violence, corruption, recession and a struggling oil sector have battered the economy, driving GDP down by a projected 7% this year, a much steeper decline than the worst-case 0.7% GDP shrinkage we forecast.

The annualized rate of GDP shrinkage waned to 0.7% in the second quarter, compared with 6.4% and 5.4% during the previous quarters, and corporate earnings, particularly in areas of high tech and finance, have snapped back in the third quarter.

These are graphical lists describing up-to-date, country-by-country economic performance, as measured by statistics about trade, GDP growth (or shrinkage), government budgets, and stock market prices.

Greece's economy is forecast to shrink next year the sixth fall in a row.In Spain the commission predicts that the 2013 recession will be three times worse than the government's forecast, repeating this year's 1.4% shrinkage of GDP.

Inflation certainly helped reduce America's government-debt burden after the second world war, but far more of the shrinkage came from strong GDP growth and primary budget surpluses.

To make matters worse, this shrinkage of Venezuela's GDP is still ongoing and is expected to be more according to IMF (International Monetary Fund).1 Open image in new window Fig. 1 Brent crude oil price and Venezuela GDP.

This means that the international oil price volatility can be directly reflected on Venezuela's economic performance (see Fig. 1), which helps to explain the immediate shrinkage of Venezuela's GDP after the 2014 oil price fall.

While we can only speculate at the answers to these questions, two conclusions stand out: The short-term is looking very bleak and could involve a 20% shrinkage in gross domestic product (GDP) by some estimates.

But a final quarter drop in GDP of 0.8% - more than double the previous quarter's shrinkage - bodes badly for a country where unemployment is already officially at 26%, as consumer spending falls even while Spaniards save less.