What was the GDP growth in 2015?

What was the GDP growth in 2015?

The Bureau of Economic Analysis, the government agency that compiles gross domestic product data, said the economy grew 2.9 percent in 2015, an upward revision from the 2.6 percent it had estimated earlier. That was the strongest growth since 2005.

Is Thailand’s GDP growing?

Thailand’s gross domestic product (GDP) grew at a rate of 4.19 percent in 2018….

Characteristic GDP growth compared to previous year
2023* 4.04%
2022* 4.46%
2021* 0.96%
2020 -6.1%

What is the approximate growth rate of real GDP from 2015 to 2016?

Real GDP increased 1.6 percent in 2016 (that is, from the 2015 annual level to the 2016 annual level), compared with an increase of 2.6 percent in 2015 (table 1).

What is the nominal GDP of the economy in 2015?

$12,500
Then, real GDP in 2015 equals nominal GDP in 2015 (always the case for the base year) = $12,500. To calculate real GDP in 2016, we need to use the 2016 quantities and the 2015 prices, since 2015 is the base year. RGDP in 2016 = 130 x $50 + 110 x $65 = $6,500 + $7,150 = $13,650.

What was the GDP growth in 2014?

Annual growth of the real Gross Domestic Product (GDP) of the United States from 1990 to 2021

Year Annual rate in percent
’15 2.7%
’14 2.3%
’13 1.8%
’12 2.3%

Which country has the highest GDP growth rate?

List (2020)

Rank Country/region Real GDP growth rate (%)
1 Guyana 43.38
2 Egypt 6.71
3 Ethiopia 6.05
4 Guinea 5.22

What is Thailand’s GDP for 2021?

GDP in Thailand is expected to reach 546.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand GDP is projected to trend around 549.00 USD Billion in 2022, according to our econometric models.