The economy contracted 7.0% on an annual basis in the second quarter, after dipping 1.0% in the first quarter. The...
News Category: GDP
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Saudi Arabia: GDP contracts deeply in Q2 as both the oil and non-oil sectors reel -
UAE: Economy notably contracts in Q2 on non-oil sector downturn According to preliminary data released by the Central Bank of the UAE, GDP dropped 7.8% in year-on-year terms in the... -
Ecuador: GDP crashes in Q2 on Covid-19 and low oil price fallout The economy was pummeled in the second quarter on the double shock of the Covid-19 outbreak and low oil prices,... -
UAE: Economy notably contracts in Q2 on non-oil sector downturn According to preliminary data released by the Central Bank of the UAE, GDP dropped 7.8% in year-on-year terms in the... -
Canada: GDP growth slows in July, but remains robust nonetheless The economy grew 3.0% month-on-month in July, easing from June’s 6.5% increase and matched Statistics Canada’s preliminary estimate. The economy... -
Vietnam: Activity gains steam in Q3 on stronger demand at home and abroad GDP growth accelerated to 2.6% year-on-year in the third quarter, from 0.4% in the second quarter, thanks to the successful... -
Argentina: Economy plunges at unprecedented pace in Q2 amid strict lockdown Economic activity in the second quarter nosedived 19.1% year-on-year, following the first quarter’s softer 5.2% slump, according to the Statistical... -
Spain: Second estimate revises up Q2 GDP reading but collapse remains unprecedented A second GDP estimate released by the National Statistics Institute on 23 September showed that economic activity was decimated in... -
Netherlands: Economy contracts at strongest pace on record in Q2 A second reading of national accounts data confirmed the dismal performance of the Dutch economy in the second quarter, with... -
Mexico: GDP collapses at unprecedented pace in Q2 on massive Covid-19 blow Expenditure-based national accounts data released by the Statistical Institute on 21 September confirmed that GDP collapsed 18.7% year-on-year in Q2...