Household spending slowed (0.3 percent compared to 0.5 percent in Q3) while government expenditure rebounded (0.3 percent compared to -0.1 percent in Q3) and gross fixed capital formation rose faster (0.9 percent compared to 0.1 percent in Q3). In addition, exports jumped 1.8 percent (1.2 percent in Q3) while imports contracted 0.2 percent (+0.3 percent in Q3).
On the production side, market production of goods and services increased by 1.1 percent: production of goods increased by 0.4 percent and services grew by 1.4 percent. Employment measured as the total number of hours worked increased by 0.3 percent and the number of persons employed increased by 0.6 percent.
On a yearly basis, the GDP expanded 2.3 percent, slightly below a downwardly revised 2.4 percent growth in the previous period and market expectations of 2.4 percent. Considering full 2016, the economy grew 3.3 percent.
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- Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...
- Tunisia GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.
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- Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...
- Norway Balance of Trade
Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...
- Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...
- Macau Balance of Trade
Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....
- Peru Balance of Trade
Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...
- Mongolia Balance of Trade
Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.
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- Argentina GDP Annual Growth Rate
The economy of Argentina shrank 2.1 percent year-on-year in the fourth quarter of 2016, following a downwardly revised 3.7 percent decline in the previous period and worse than market expectations of a 2.0 percent contraction. Slower contraction was reported for: investment (-7.7 percent vs -8.2 percent in Q3) and private spending (-2.1 percent vs -2.9 percent) while government spending declined by 2.0 percent (+0.9 percent in Q3). Meanwhile, exports rebounded 7.7 percent (-1.8 percent in Q3) and imports grew by 2.1 percent (-0.7 percent in Q3). On a quarterly basis, the economy expanded by 0.5 percent compared...
- Iceland GDP Annual Growth Rate The economy of Iceland expanded 11.3 percent year-on-year in the last three months of 2016, following a downwardly revised 9.6 percent rise in the previous period. It is the highest growth rate since the last quarter of 2007, boosted by rising household spending (7.2 percent compared to 5.7 percent in Q3) while a slowdown was recorded for gross fixed capital formation (18.6 percent compared to 20.9 percent in Q3); government spending (1.7 percent compared to 1.8 percent in Q3); exports (14 percent compared to 17 percent in Q3) and imports (8.8 percent compared to 17.7 percent in Q3). Considering full...
- Iceland GDP Growth Rate The economy of Iceland expanded 2.6 percent on quarter in the last three months of 2016, slowing from a downwardly revised 4.5 percent expansion in the previous period but marking the fourth consecutive quarter of growth. Exports slowed (2.7 percent compared to 4.8 percent in Q3) and imports went up 0.7 percent, recovering from a 1.6 percent drop in Q3. In contrast, household spending rose faster (2.5 percent compared to 0.6 percent in Q3) and gross fixed capital formation also increased more (4.3 percent compared to 1.1 percent in Q3) while government consumption growth was steady at 0.4 percent. Year-on-year,...
- Sweden GDP Annual Growth Rate The Gross Domestic Product in Sweden expanded 2.30 percent year-on-year in the fourth quarter of 2016, slightly below a downwardly revised 2.4 percent growth in the previous period and market expectations of 2.4 percent. Considering full 2016, the economy expanded 3.3 percent. GDP Annual Growth Rate in Sweden averaged 2.66 percent from 1994 until 2016, reaching an all time high of 7.70 percent in the fourth quarter of 2010 and a record low of -6.10 percent in the first quarter of 2009. Export Data API Access Please Paste this Code in your Website source: tradingeconomics.com Sweden has an economy heavily...
- Mexico GDP Annual Growth Rate The services sector rose 3.4 percent, above 3.2 percent in the preliminary estimate and the same as in the previous quarter. Activities increased faster for internal trade (2.6 percent form 1.3 percent in Q3); transportation (2.7 percent from 2.3 percent); restaurants and hotels (3.1 percent from 3 percent) and business support services and waste management and remediation (6.4 percent from 2.2 percent). In contrast, slowdown was seen for: financial and insurance (7.2 percent from 7.9 percent); professional, scientific and technical (4.4 percent from 7 percent); corporate services (1.7 percent from 6.6 percent); education (0.5 percent from 1.5 percent) and recreation...
- Malaysia Unemployment Rate Year-on-year, prices increased at a faster pace for : recreation services & culture (+3.3 percent from +3.2 percent). Prices rose at a slower pace for : food & non-alcoholic beverages (+3.7 percent from +3.8 percent in November), alcoholic beverages & tobacco (+0.1 percent from +1.9 percent), education (+1.7 percent from +1.9 percent) and health (+2.4 percent from +2.5 percent). Prices steady for : housing, water, electricity, gas & other fuels (2.1 percent); furnishing, household equipment and routine maintenance (+1.4 percent); restaurants & hotels (+1.9 percent), and miscellaneous goods & services (+1.8 percent). In contrast, downward prices pressure came from: clothing...
- Slovenia GDP Annual Growth Rate The Slovenian economy expanded 2.6 percent year-on-year in the fourth quarter of 2016, compared to a downwardly revised 2.5 percent growth in the previous period. The growth was driven by household spending (4.1 percent from 2.1 percent in Q3); government expenditure (2.8 percent from 1.7 percent) and gross fixed capital formation (0.9 percent from -2.5 percent). The net trade contributed negatively (-0.8 percent), as exports rose 4.6 percent (5.6 percent in Q3) while imports increased at a faster 6.3 percent (5 percent in Q3). Quarter-on-quarter, the GDP advanced 1.2 percent. In 2016, the economy expanded 2.5 percent, following 2.3 percent...
- Australia Employed Persons The number of employed persons in Australia increased to 11998.24 Thousand in January of 2017 from 11984.74 Thousand in December of 2016. Employed Persons in Australia averaged 8701.32 Thousand from 1978 until 2017, reaching an all time high of 11998.24 Thousand in January of 2017 and a record low of 5993.28 Thousand in February of 1978. Export Data API Access Please Paste this Code in your Website source: tradingeconomics.com In Australia, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides – Australia Employed Persons – actual values, historical...
- Taiwan Employed Persons The number of employed persons in Taiwan increased to 11320 Thousand in January of 2017 from 11315 Thousand in December of 2016. Employed Persons in Taiwan averaged 9002.64 Thousand from 1978 until 2017, reaching an all time high of 11320 Thousand in January of 2017 and a record low of 6068 Thousand in January of 1978. Export Data API Access Please Paste this Code in your Website source: tradingeconomics.com In Taiwan, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides the latest reported value for – Taiwan Employed...
- Malaysia Employed Persons
The number of employed persons in Malaysia increased to 14366.80 Thousand in January of 2017 from 14276.70 Thousand in December of 2016. Employed Persons in Malaysia averaged 12042.69 Thousand from 1985 until 2017, reaching an all time high of 14366.80 Thousand in January of 2017 and a record low of 5624.60 Thousand in December of 1985.
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- United Kingdom Employed Persons
The number of employed persons in the United Kingdom increased by 10 thousand to a record high of 30645 thousand in December from November of 2016. Employed Persons in the United Kingdom averaged 26283.92 Thousand from 1971 until 2016, reaching an all time high of 30645 Thousand in December of 2016 and a record low of 23187 Thousand in April of 1983.
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- Mauritius Employed Persons
The number of employed persons in Mauritius increased to 546.60 Thousand in the fourth quarter of 2016 from 536.30 Thousand in the third quarter of 2016. Employed Persons in Mauritius averaged 520.15 Thousand from 2004 until 2016, reaching an all time high of 549.30 Thousand in the third quarter of 2012 and a record low of 482.70 Thousand in the second quarter of 2005.
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In Mauritius, employed persons are individuals with a minimum...