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Global Economic Briefing: GDP Country Charts Yardeni Research, Inc. March 5, 2021 Dr. Edward Yardeni 516-972-7683 [email protected] Debbie Johnson 480-664-1333 [email protected] Please visit our sites at www.yardeni.com blog.yardeni.com thinking outside the box

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Page 1: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Global Economic Briefing:GDP Country Charts

Yardeni Research, Inc.

March 5, 2021

Dr. Edward Yardeni516-972-7683

[email protected]

Debbie Johnson480-664-1333

[email protected]

Please visit our sites atwww.yardeni.comblog.yardeni.com

thinking outside the box

Page 2: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Table Of Contents Table Of ContentsTable Of Contents

March 5, 2021 / GDP Country Charts www.yardeni.com

Yardeni Research, Inc.

United States 3-5Eurozone 6-7Germany 8-9France 10-11Italy 12-13Spain 14-15United Kingdom 16-17Japan 18-19Canada 20-21Australia 22-23European Union 24-25UK & Japan 26Emerging Economies: Asia 27-28Emerging Economies: Latin America 29

Page 3: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 1.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-40

-20

0

20

40

-40

-20

0

20

40

Q4

REAL GDP: US(quarterly percent change, saar) Total (4.1)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-40

-20

0

20

40

60

-40

-20

0

20

40

60

Q4

Personal ConsumptionExpenditures (2.4)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-20

0

20

40

60

-20

0

20

40

60

Q4

Goods Consumption (-0.9)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-60

-40

-20

0

20

40

-60

-40

-20

0

20

40

Q4

Services Consumption (4.0)

Source: Bureau of Economic Analysis.

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United States

Page 3 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 4: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 2.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-40

-30

-20

-10

0

10

20

30

-40

-30

-20

-10

0

10

20

30

Q4

REAL GDP: US(quarterly percent change, saar)

Nonresidential FixedInvestment (14.0)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-40

-30

-20

-10

0

10

20

30

40

-40

-30

-20

-10

0

10

20

30

40

Q4

Structures (1.1)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-50

0

50

100

-50

0

50

100

Q4

Equipment &Software (25.7)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-100

-50

0

50

100

150

-100

-50

0

50

100

150

Q4

ResidentialInvestment (35.8)

Source: Bureau of Economic Analysis.

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United States

Page 4 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 5: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 3.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

150

-100

-50

0

50

100

150

Q4

REAL GDP: US(quarterly percent change, saar)

Exports of Goods& Services (21.8)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

150

-100

-50

0

50

100

150

Q4

Imports of Goods& Services (29.6)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-10

-8

-6

-4

-2

0

2

4

6

8

10

-10

-8

-6

-4

-2

0

2

4

6

8

10

Q4

GovernmentSpending (-1.1)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-300

-250

-200

-150

-100

-50

0

50

100

150

200

-300

-250

-200

-150

-100

-50

0

50

100

150

200

Q4

Inventory Investment(billion 2005 dollars, saar) (48.0)

Source: Bureau of Economic Analysis.

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United States

Page 5 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 6: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 4.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-50

-40

-30

-20

-10

0

10

20

-50

-40

-30

-20

-10

0

10

20

Q2

REAL GDP: EUROZONE (quarterly percent change, saar)

Total (-39.4)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-40

-20

0

20

40

60

-40

-20

0

20

40

60

Q3

Domestic Demand (48.5)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-50

0

50

100

-50

0

50

100

Q3

Household Spending (68.5)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21-50

0

50

100

-50

0

50

100

Q3Gross FixedCapital Formation (66.8)

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Source: Statistical Office of European Communities.

Eurozone

Page 6 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 7: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 5.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-12-10-8-6-4-20246810121416182022

-12-10-8-6-4-202468

10121416182022

Q3REAL GDP: EUROZONE (quarterly percent change, saar)

Government Spending (20.8)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-80

-60

-40

-20

0

20

40

60

80

100

120

-80

-60

-40

-20

0

20

40

60

80

100

120

Q3Exports ofGoods & Services (85.9)

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00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-70

-50

-30

-10

10

30

50

70

90

-70

-50

-30

-10

10

30

50

70

90

Q3

Imports ofGoods & Services (58.6)

Source: Statistical Office of European Communities.

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Eurozone

Page 7 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 8: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 6.

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-40

-20

0

20

40

-40

-20

0

20

40

Q4

REAL GDP: GERMANY(quarterly percent change, saar)

Total (1.4)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-35-30-25-20-15-10-50510152025

-35-30-25-20-15-10-505

10152025

Q4

Domestic Demand (-1.1)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-45

-35

-25

-15

-5

5

15

25

35

45

55

-45

-35

-25

-15

-5

5

15

25

35

45

55

Q4Household Consumption (-12.8)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-40

-20

0

20

40

-40

-20

0

20

40

Q4

Capital Investment (4.2)

Source: Deutsche Bundesbank and Haver Analytics.

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Germany

Page 8 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 9: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 7.

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-30

-20

-10

0

10

20

30

40

50

-30

-20

-10

0

10

20

30

40

50

Q4

REAL GDP: GERMANY(quarterly percent change, saar) Construction Investment (7.5)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-100

-50

0

50

100

150

-100

-50

0

50

100

150

Q4

Exports of Goods & Services (19.5)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-60

-40

-20

0

20

40

60

-60

-40

-20

0

20

40

60

Q4

Imports of Goods & Services (15.7)

Source: Deutsche Bundesbank and Haver Analytics.

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2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-6

-3

0

3

6

9

12

-6

-3

0

3

6

9

12

Q4

Government Consumption (-2.0)

Germany

Page 9 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 10: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 8.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-50

0

50

100

-50

0

50

100

Q4

REAL GDP: FRANCE (quarterly percent change, saar)

Total (-5.7)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-50

0

50

100

-50

0

50

100

Q4

Household Consumption (-21.6)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

-100

-50

0

50

100

Q4

Gross FixedCapialFormation (4.5)

Source: INSEE/Haver Analytics.

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France

Page 10 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 11: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 9.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-150

-100

-50

0

50

100

150

-150

-100

-50

0

50

100

150

Q4

REAL GDP: FRANCE(quarterly percent change, saar)

Exports of Goods& Services (23.2)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

-100

-50

0

50

100

Q4

Imports of Goods& Services (7.3)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-40

-20

0

20

40

60

-40

-20

0

20

40

60

Q4

GovernmentConsumption (-1.2)

Source: INSEE/Haver Analytics.

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France

Page 11 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 12: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 10.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-50

0

50

100

-50

0

50

100

Q4

REAL GDP: ITALY(quarterly percent change, saar)

Total (-7.5)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24-50

0

50

100

-50

0

50

100

Q4

Household Consumption (-10.4)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

0

100

200

-100

0

100

200

Q4

Gross FixedCapital Formation (0.7)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

0

100

200

300

-100

0

100

200

300

Q4

Fixed Investment:Construction (-8.6)

Source: Instituto Nazionale of Statistica/Haver Analytics.

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Italy

Page 12 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 13: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 11.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

0

100

200

300

-100

0

100

200

300

Q4

REAL GDP: ITALY (quarterly percent change, saar)

Fixed Investment:Machinery & Equipmentand Weapon Systems (13.9)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

0

100

200

-100

0

100

200

Q4Exports of Goods& Services (5.1)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

-100

-50

0

50

100

Q4

Imports of Goods& Services (23.2)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-10

0

10

20

-10

0

10

20

Q4

Government Consumption (6.2)

Source: Instituto Nazionale of Statistica/Haver Analytics.

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Italy

Page 13 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 14: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 12.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

-100

-50

0

50

100

Q4

REAL GDP: SPAIN (quarterly percent change, saar) Total (1.6)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

150

-100

-50

0

50

100

150

Q4

HouseholdConsumption (10.4)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

150

-100

-50

0

50

100

150

Q4

Gross FixedCapital Formation (-11.7)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

-100

-50

0

50

100

Q4

Gross Capital Formation:Construction (-22.8)

Source: Instituto Nacional de Estatistica and Haver Analytics.

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Spain

Page 14 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 15: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 13.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

0

100

200

300

400

-100

0

100

200

300

400

Q4

REAL GDP: SPAIN (quarterly percent change, saar)

Gross Capital Formation:Machinery & Equipment (-6.4)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

0

100

200

-100

0

100

200

Q4

Exports of Goods& Services (-5.6)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

0

100

200

-100

0

100

200

Q4

Imports of Goods& Services (1.5)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-10

-5

0

5

10

15

20

25

-10

-5

0

5

10

15

20

25

Q4

Government Consumption (17.1)

Source: Instituto Nacional de Estatistica and Haver Analytics.

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Spain

Page 15 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 16: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 14.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

-100

-50

0

50

100

Q4

REAL GDP: UK(quarterly percent change, saar)

Total (3.9)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

150

-100

-50

0

50

100

150

Q4

Household Consumption (-0.6)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

150

-100

-50

0

50

100

150

Q4

Gross FixedCapital Formation (8.6)

Source: Office for National Statistics and Haver Analytics.

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United Kingdom

Page 16 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 17: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 15.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-70

-50

-30

-10

10

30

50

70

90

-70

-50

-30

-10

10

30

50

70

90

Q4

REAL GDP: UK(quarterly percent change, saar)

Exports of Goods& Services (0.4)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

-100

-50

0

50

100

Q4Imports of Goods& Services (40.9)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-50

0

50

100

-50

0

50

100

Q4

Government Consumption (28.3)

Source: Office for National Statistics/Haver Analytics.

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United Kingdom

Page 17 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 18: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 16.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-30-25-20-15-10-505101520253035

-30-25-20-15-10-505

101520253035

Q4

REAL GDP: JAPAN(quarterly percent change, saar)

Total (12.7)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-22-19-16-13-10-7-4-125811

-22-19-16-13-10-7-4-1258

11Q4Domestic Demand (8.1)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-36-32-28-24-20-16-12-8-404812162024

-36-32-28-24-20-16-12-8-4048

12162024

Q4

PrivateConsumption (8.9)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-20

-15

-10

-5

0

5

10

15

20

25

-20

-15

-10

-5

0

5

10

15

20

25

Q4Gross FixedCapital Formation (13.2)

Source: Cabinet Office and Haver Analytics.

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Japan

Page 18 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 19: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 17.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-30

-20

-10

0

10

20

30

-30

-20

-10

0

10

20

30

Q4

REAL GDP: JAPAN(quarterly percent change, saar)

Private NonresidentialInvestment (19.4)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

100

-100

-50

0

50

100

Q4

Exports of Goods& Services (52.3)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-60

-40

-20

0

20

40

60

-60

-40

-20

0

20

40

60

Q4

Imports of Goods& Services (17.3)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-6-4-202468101214161820

-6-4-202468

101214161820

Q4

GovernmentConsumption (8.1)

Source: Cabinet Office and Haver Analytics.

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Japan

Page 19 / March 5, 2021 / GDP Country Charts www.yardeni.com

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Page 20: GDP Country Charts - Yardeni ResearchGDP Country Charts Yardeni Research, Inc. October 2, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com

Figure 18.

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-40-35-30-25-20-15-10-5051015202530354045

-40-35-30-25-20-15-10-505

1015202530354045

Q4

CANADA REAL GDP(quarterly percent change, saar) Total (9.6)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-45

-35

-25

-15

-5

5

15

25

35

45

55

65

75

-45

-35

-25

-15

-5

5

15

25

35

45

55

65

75

Q4

HouseholdConsumption (-0.4)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-50

0

50

100

-50

0

50

100

Q4

Gross Fixed Capital Formation (9.6)

Source: Haver Analytics.

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Canada

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Figure 19.

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-60

-50

-40

-30

-20

-10

0

10

20

30

40

50

60

70

80

-60

-50

-40

-30

-20

-10

0

10

20

30

40

50

60

70

80

Q4

CANADA REAL GDP(quarterly percent change, saar)

Exports of Goods& Services (5.0)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-80

-60

-40

-20

0

20

40

60

80

100

120

140

-80

-60

-40

-20

0

20

40

60

80

100

120

140

Q4

Imports of Goods& Services (10.8)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-25

-20

-15

-10

-5

0

5

10

15

20

-25

-20

-15

-10

-5

0

5

10

15

20

Q4

Government Expenditures OnGoods & Services (6.2)

Source: Haver Analytics.

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Canada

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Figure 20.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-28

-24

-20

-16

-12

-8

-4

0

4

8

12

16

-28

-24

-20

-16

-12

-8

-4

0

4

8

12

16

Q4REAL GDP: AUSTRAILA(quarterly percent change, saar)

Total (13.1)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-50-45-40-35-30-25-20-15-10-5051015202530354045

-50-45-40-35-30-25-20-15-10-505

1015202530354045

Q4HouseholdConsumption (18.1)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-40

-30

-20

-10

0

10

20

30

40

50

-40

-30

-20

-10

0

10

20

30

40

50

Q4

Gross Fixed Capital Formation (15.0)

Source: Haver Analytics.

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Australia

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Figure 21.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-25

0

25

-25

0

25

Q4

Exports of Goods& Services (16.3)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-60

-40

-20

0

20

40

60

-60

-40

-20

0

20

40

60

Q4

Imports of Goods& Services (21.0)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-15

-10

-5

0

5

10

15

20

-15

-10

-5

0

5

10

15

20

Q4

GovernmentConsumption (3.2)

Source: Haver Analystics.

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Australia

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95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 217

8

9

10

11

12

13

14

7

8

9

10

11

12

13

14

Q4

Q4

REAL GDP(trillion euros, saar)

EU (12.7)Eurozone (10.8)

Source: Statistical Office of the European Communities.

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Figure 22.

01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 211700

1800

1900

2000

2100

2200

2300

2400

2500

2600

2700

2800

2900

3000

3100

3200

3300

1700

1800

1900

2000

2100

2200

2300

2400

2500

2600

2700

2800

2900

3000

3100

3200

3300

Q4

EU REAL GDP: GERMANY FRANCE, & UK(billions, saar)

France(2014 euros) (2209.0)

Germany(2015 euros) (3116.6)

Source: Statisical Office of the European Communities and Office of National Statistics.

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Figure 23.

European Union

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01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21850

1100

1350

1600

1850

850

1100

1350

1600

1850

Q4

EU REAL GDP: ITALY & SPAIN(billion euros, saar)

Italy(2005 euros) (1607.1)Spain(2008 euros) (1092.1)

Source: National Statistical Service of Greece, Central Statistics Office, and Instituto Nacional de Estatistica Portugal.

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Figure 24.

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021130

150

170

190

210

230

250

270

290

310

330

350

370

390

130

150

170

190

210

230

250

270

290

310

330

350

370

390EU REAL GDP: GREECE, IRELAND, & PORTUGAL(billion euros, saar)

Ireland(2012 euros) (359.5)

Portugal(2011 euros) (192.8)

Source: National Statistical Service of Greece, Central Statistics Office, and Instituto Nacional de Estatistica Portugal.

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Figure 25.

European Union

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01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 211400

1500

1600

1700

1800

1900

2000

2100

2200

1400

1500

1600

1700

1800

1900

2000

2100

2200

Q4

REAL GDP: UNITED KINGDOM(billion pounds, saar)

Source: Office for National Statistics and Haver Analytics.

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Figure 26.

01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21450

470

490

510

530

550

450

470

490

510

530

550

Q4REAL GDP: JAPAN(trillion yen, saar)

Source: Haver Analytics.

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Figure 27.

UK & Japan

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Figure 28.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-60

-40

-20

0

20

40

60

-60

-40

-20

0

20

40

60

Q4

REAL GDP: CHINA(quarterly percent change, saar)

Total (11.3)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-150

-100

-50

0

50

100

-150

-100

-50

0

50

100

Q4

REAL GDP: INDIA(quarterly percent change, saar)

Total (37.2)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-35

-30

-25

-20

-15

-10

-5

0

5

10

15

20

-35

-30

-25

-20

-15

-10

-5

0

5

10

15

20

Q4

REAL GDP: INDONESIA(quarterly percent change, saar)

Total (10.3)

Source: China National Bureau of Statistics, Central Statistical Organization of India, Biro Pusat Statistik/Haver Analytics.

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Emerging Economies: Asia

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Figure 29.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-60

-40

-20

0

20

40

-60

-40

-20

0

20

40

Q4

REAL GDP: SINGAPORE(quarterly percent change, saar)

Total (15.0)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-15

-10

-5

0

5

10

15

20

-15

-10

-5

0

5

10

15

20

Q4

REAL GDP: SOUTH KOREA(quarterly percent change, saar)

Total (4.9)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-25

-20

-15

-10

-5

0

5

10

15

20

25

30

35

-25

-20

-15

-10

-5

0

5

10

15

20

25

30

35

Q4

REAL GDP: TAIWAN(quarterly percent change, saar)

Total (5.7)

Source: Department of Statistics, Bank of Korea, DGBASY/Haver Analytics.

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Emerging Economies: Asia

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Figure 30.

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-75

-65

-55

-45

-35

-25

-15

-5

5

15

25

35

45

55

-75

-65

-55

-45

-35

-25

-15

-5

5

15

25

35

45

55Q3REAL GDP: ARGENTINA

(quarterly percent change, saar)Total (51.0)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-50

-40

-30

-20

-10

0

10

20

30

40

-50

-40

-30

-20

-10

0

10

20

30

40

Q4

REAL GDP: BRAZIL(quarterly percent change, saar)

Total (12.6)

00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-100

-50

0

50

-100

-50

0

50

Q4

REAL GDP: MEXICO (quarterly percent change, saar) Total (13.0)

Source: Haver Analytics.

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Emerging Economies: Latin America

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