GDP Fetishism

Non Oil GDP

Budget ( of GDP)

Consider Green GDP.

GDP is contracting.

In GDP terms, it fell even more, because GDP grew by 8.7 in 2008.

Curr. Acc t ( of GDP)

GDP has been our hammer.

The real GDP (2009 est.

Since NAFTA, Mexican real GDP has grown at 3.6 per year, and exports have boomed, going from 10 of GDP in 1990 and 17 of GDP in 1999 to 28 of GDP today.

The deficit has to be reduced by at least 10 percentage points of GDP (from around 13 of GDP to less than 3 of GDP).

GDP linked bonds would also allow hedging the risk of inflation, plus respond to GDP growth.

The Black Hole in America s GDP

Agriculture represents 31.2 , of GDP (2004).

Fraudulent public expenditure cost 2.4 of GDP, siphoning off privatization proceeds amounted to almost 2.1 of GDP, and smuggling caused losses of more than 1.1 of GDP.

Fraudulent public expenditure cost 2.4 of GDP, siphoning off privatization proceeds amounted to almost 2.1 of GDP, and smuggling caused losses of more than 1.1 of GDP.

If GDP falls, achieving a certain deficit and debt target (as a share of GDP) becomes impossible.

In the coming decade, Poland might double its GDP, the Baltic countries increase their GDP by 60 .

If economists did not habitually annualize quarterly GDP data and multiply quarterly GDP by four, Greece s debt to GDP ratio would be four times higher than it is now. And if they habitually decadalized GDP, multiplying the quarterly GDP numbers by 40 instead of four, Greece s debt burden would be 15 .

Between 2001 and 2005, current non interest expenditure rose by 2 of GDP, revenues fell by 0.5 of GDP, and the general government deficit rose by 1 of GDP.

If economists did not habitually annualize quarterly GDP data and multiply quarterly GDP by four, Greece s debt to GDP ratio would be four times higher than it is now.

Sweden accumulated a current account surplus of 53 of GDP, in contrast to America s 48 of GDP deficit.

Of course, politicians should be willing to spend 0.5 of GDP to avoid a 20 cost of GDP.

So here's GDP per person in America.

But that's not how economists measure GDP.

But it will also increase GDP growth.

Protectionism threatens open markets and GDP growth.

Individual countries released their 3Q GDP data.

And the tax burden, which has exceeded 40 of GDP since 1990, now stands at almost 43 of GDP.

Moreover, Italy spends around 4.5 of GDP on education, while the Scandinavian countries spend more than 6 of GDP.

Even with a draconian austerity package, totaling 10 of GDP, its public debt would rise to 160 of GDP.

According to a study by the Insurance Information Institute, expenditures on non life insurance in 2003 amounted to only 0.83 of GDP in Indonesia, 1.19 of GDP in Thailand, and 0.62 of GDP in India, compared with 5.23 of GDP in the United States.

To achieve that, the current deficit of 14 of GDP would have to fall to 5 of GDP or less.

Meanwhile, Sweden s public debt was reduced from 73 of GDP to 39 of GDP, while taxes have been cut repeatedly.

Public debt in both countries was well above 100 of GDP, compared to the SGP s threshold of 60 of GDP.

Greece s fiscal deficit is expected to reach 12.7 of GDP this year, far exceeding the SGP s 3 of GDP cap.

This generates liquidity, which then stimulates GDP growth.

Argentina s long term GDP growth has been disappointing.

This amounts to 4.2 of their collective GDP.

Japan s GDP fell at perhaps twice that rate.

GDP figures are calculated at purchasing power parity.

In that year, the GDP growth was 3.7 .

By slashing subsidies from regional budgets, federal revenues increased from 9 of GDP in 1998 to 17 of GDP this year.

As a proportion of GDP, it has been halved since the early 1990 s, and is now just 1 of GDP.

Most analysts put the total costs of the war at less than 0.1 of GDP, the highest at 0.2 of GDP.