Output · Demo data
GDP growth
How fast the total size of the economy is growing.
Latest period: 2025. Previous: 5.5 (2024). Change: ▲ 0.4 percentage points.
What is this?
Gross domestic product (GDP) is the value of all goods and services produced in a country. GDP growth is its yearly change after adjusting for inflation.
What is happening?
Across the 9 observations shown, the lowest value was 4.4 (2022) and the highest was 6.6 (2017).
Show data table
| Period | Value (% a year) | Change vs previous | Status |
|---|---|---|---|
| 2025 | 5.9 | ▲ 0.4 percentage points | Demo |
| 2024 | 5.5 | ▲ 0.5 percentage points | Demo |
| 2023 | 5 | ▲ 0.6 percentage points | Demo |
| 2022 | 4.4 | ▼ 0.1 percentage points | Demo |
| 2021 | 4.5 | ▼ 0.7 percentage points | Demo |
| 2020 | 5.2 | ▼ 0.6 percentage points | Demo |
| 2019 | 5.8 | ▼ 0.1 percentage points | Demo |
| 2018 | 5.9 | ▼ 0.7 percentage points | Demo |
| 2017 | 6.6 | – | Demo |
Why does it matter?
It indicates whether the economy is producing more, which relates to jobs, incomes and business demand.
How does it affect you?
Faster growth can mean more job openings, though it does not guarantee that every household gains equally.
How could it affect your business?
Growing demand can create room for new businesses, but check whether growth is in the sectors your customers belong to.
Related insights
Sources and methodology
Source: Demonstration data (synthetic). Frequency: annual. Synthetic values generated for testing the AQNI platform. They are not measurements of any real economy. Read our methodology.