According to a preliminary reading, GDP collapsed 18.9% year-on-year in the second quarter, more severely than the 1.4% contraction tallied...
News Category: GDP
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Mexico: GDP contracts at record pace in Q2 as Covid-19 ravages activity -
Germany: GDP contracts at record-steep pace in Q2 due to Covid-19 In the second quarter, the economy contracted at the steepest pace since at least 1970, when quarterly calculations were first... -
Austria: GDP contracts in Q2 at sharpest rate since WW2 due to Covid-19 GDP contracted 10.7% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, deteriorating from the first quarter’s 2.4% contraction. Q2’s... -
Lithuania: GDP falls in Q2 for the first time in over a decade GDP plunged 3.7% year-on-year in the second quarter, contrasting the first quarter’s 2.4% expansion and marking the sharpest contraction since... -
Hong Kong: GDP plunges at sharpest rate on record in Q2 The economy contracted 9.0% in year-on-year seasonally-adjusted (yoysa) terms in the second quarter, resulting in the second fastest contraction since... -
Taiwan: Economy records sharpest contraction in over a decade in Q2 According to a preliminary reading, GDP dropped 0.6% year-on-year in the second quarter, contrasting the 2.2% expansion tallied in the... -
Korea: Economy contracts in Q2 at most dramatic pace in decades According to preliminary data released by the Bank of Korea, the economy contracted 3.3% in quarter-on-quarter seasonally-adjusted (qoqsa) terms in... -
Angola: Recession deepens in Q1 before full impact of Covid-19 was felt The economy remained in recession in the first quarter, and the downturn is expected to have intensified in the second... -
Guatemala: Economic momentum weakens markedly in Q1 Economic growth eased markedly in the three months ending in March, with GDP expanding a meager 0.7% year-on-year in the... -
Belarus: Economy enters recession in Q2 A preliminary estimate revealed the economy shrank 1.7% in the first half of the year. This followed a 0.2% contraction...