The recovery of economic activity in Cyprus is forecast to continue in the following quarters, according to the Economic Research Centre of the University of Cyprus, with real GDP growth
for 2015 revised upwards from 1.
61 percentage point to real GDP growth
for the nation's metropolitan areas in 2014.
The Egyptian economy has also seen an upturn, as in the third quarter (Q3) of the fiscal year (FY) 2013/14, real GDP growth
2% real GDP growth
for the Islamic Republic of Iran in 2015.
Jadwa forecasts for real GDP growth
under this scenario is 3.
T he US economy will accelerate slightly this year, with real GDP growth
increasing to 2.
He pointed that around 70 per cent of real GDP growth
came from the non-oil sector last year, mainly driven by the real estate, transportation and communication sectors.
The CFNAI's success has been more mixed in terms of predicting real GDP growth
, although for the 2004-09 period its performance was on par with the median current quarter forecast from the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters (Brave and Butters, 2010).
Saudi Arabia has been one of the best performing G20 economies in recent years with real GDP growth
Roughly half of this increase came from real GDP growth
, increasing by almost 60 percent -- the graph shows the index for real GDP increasing from 100 in 2002 to almost 160 in 2011 -- while the other half came from the strong appreciation of the lira in real terms.
As a result, QNB Group forecasts Brazil's real GDP growth
Real GDP growth
The rating agency expects real GDP growth
to reach five per cent this year, underpinned by an increase in the oil production to touch an average of 0.