GDP

GDP Analysis

GDP Analysis

Gross Domestic Product (GDP)

The assignment underlines the movement of GDP in 5 countries in 2007, 2008 and in 2009. Along with the graphical representation it also defines the reason of fall and rise in annual GDP of these five countries.

GDP = C + I + G (X - M)

Spain

The growth forecast for 2011 from government sources is 1.30% for this year. Undoubtedly, these forecasts will be very difficult to meet given the slowdown of Spanish GDP in the second quarter. Even the Secretary of State for the Economy, José Manuel Campa, admitted that its forecasts are difficult to meet. National accounts data published by the INE confirmed that the Spanish economy growth slowed in the second quarter of 2011, while falling 0.1% quarter on quarter, while the annual rate stood at 0.7%. The credit rating agency Standard & Poor's has been estimated at 0.8% its forecast for 2011, remaining close to the estimates by the International Monetary Fund, which this year expected growth of the Spanish economy of 0.70%. There are few analysts who predict negative growth in the last quarter of the year, which will last for much of 2012, standing out then a recession in Spain in 2012.

Analysis of the GDP Movement

The main reason of increase in the GDP of UK is increase in Government Spending as well as a increase in exports.

India

The Indian economy has performed fast catching up in the last two decades and has weathered the global recession. Major reforms and increased investment have increased the potential growth to almost 9%, a rate unprecedented in the history of the country, in favor of improved infrastructure. The government should redouble its efforts to restructure public spending, reduce the budget deficit, easing some of the constraints imposed on the financial sector ...