HEADLINES
Private Consumption Holds Germany Out of Recession In the first quarter of 2013, Germany's GDP experienced tepid growth as both investment and exports continued to deteriorate. However, despite a harsh winter, household's expenditure rose 0.8 percent qoq saving Germany from recession. Low unemployment, increasing wages and low inflation suggest domestic consumption is likely to continue to boost expansion throughout 2013.

Singaporean Economy Remains Weak In the first three months of 2013, the Singaporean economy almost stagnated, mainly due to contraction in the manufacturing, wholesale and retail trade sectors. Yet, once the global recovery gains traction, the shipments are expected to rebound. Also, as the GDP data for Q1 shown, construction, financial and insurance services may continue to support growth.
CountryGDP Billion USDGDP YoYGDP QoQInterest rateInflation rateJobless rateGov. BudgetDebt to GDPCurrent AccountExchange ratePopulation
United States 150941.80%2.50%0.25%1.10%7.50%-8.50%101.60%-3.00119.89311.59
Euro Area 13076-1.00%-0.20%0.50%1.20%12.10%-3.70%90.60%1.501.29332.99
China 72987.70%1.60%6.00%2.40%4.10%-1.50%23.00%2.306.131344.13
Japan 58670.20%0.90%0.00%-0.90%4.10%-9.70%211.70%2.00101.18127.82
Germany 3571-1.40%0.10%0.50%1.15%5.40%0.20%81.90%6.301.2981.73
France 2773-0.40%-0.20%0.50%0.70%10.60%-4.80%90.20%-1.901.2965.44
Brazil 24771.40%0.60%7.50%6.49%5.80%2.01%65.10%-2.402.05196.65
United Kingdom 24320.60%0.30%0.50%2.40%7.80%-6.30%90.70%-3.701.5162.64
Italy 2194-2.30%-0.50%0.50%1.13%11.50%-3.00%127.00%-0.701.2960.77
Russia 18581.60%1.80%8.25%7.20%5.60%-0.02%8.40%4.8031.33141.93
India 18484.50%1.30%7.25%4.89%3.80%-5.20%67.57%-5.1055.801241.49
Canada 17361.10%0.20%1.00%0.40%7.20%-1.50%84.60%-3.701.0334.48
Spain 1491-2.00%-0.50%0.50%1.39%27.20%-10.60%84.20%-1.901.2946.23
Australia 13723.10%0.60%2.75%2.50%5.50%-3.00%20.70%-4.600.9722.79
Mexico 11550.80%0.45%4.00%4.65%5.04%-0.60%42.85%-0.8212.54114.79
South Korea 10141.50%0.90%2.50%1.20%3.10%-1.10%34.80%3.801127.7549.78
Indonesia 8476.02%1.41%5.75%5.57%5.92%-1.77%23.10%-2.709775.00242.30
Netherlands 836-1.70%-0.10%0.50%2.60%8.20%-4.10%71.20%8.301.2916.69
Turkey 7731.40%0.00%4.50%6.13%9.20%-2.80%36.00%-6.101.8573.64
Switzerland 6361.40%0.20%0.00%-0.60%3.10%0.30%35.30%11.000.967.91
Saudi Arabia 5774.37%4.37%2.00%4.00%5.50%14.20%3.60%24.503.7528.08
Sweden 5381.40%0.00%1.00%-0.50%8.70%-0.50%38.20%7.206.649.45
Poland 5150.40%0.10%3.00%0.80%14.00%-3.90%55.60%-3.603.2438.20
Belgium 512-0.50%0.10%0.50%1.00%8.20%-3.90%99.60%1.501.2911.00
Norway 486-2.70%-0.20%1.50%1.90%3.50%13.60%28.30%13.405.834.95
Taiwan 4671.67%-0.69%1.88%1.04%4.19%-1.60%42.40%8.4029.9523.17
Argentina 4462.10%1.30%12.01%10.60%7.90%-3.20%43.20%0.275.2740.76
Austria 418-0.60%0.00%0.50%1.90%7.30%-2.50%73.40%1.801.298.42
South Africa 4082.50%2.10%5.00%5.90%25.20%-5.10%39.90%-6.309.5950.59
United Arab Emirates 3604.40%4.40%1.00%0.90%4.20%2.90%14.60%8.203.674.57
Thailand 3465.30%-2.20%2.75%2.42%0.62%-4.10%44.30%0.7029.9469.51
Denmark 333-0.60%-0.70%0.20%0.80%4.40%-4.00%45.80%4.805.765.57
Colombia 3323.10%1.80%3.25%2.02%10.21%-2.90%32.30%-3.101861.2546.93
Iran 3312.60%15.00%38.46%8.00%-0.17%10.30%4.9012285.0074.80
Venezuela 3165.48%1.19%15.67%29.44%7.70%-8.50%49.00%7.106.2929.28
Greece 299-5.30%0.20%0.50%-0.60%27.00%-10.00%156.90%-7.701.2911.31
Malaysia 2794.10%-4.90%3.00%1.70%3.30%-4.50%53.10%7.903.0328.86
Finland 266-2.00%-0.10%0.50%1.50%8.80%-1.90%53.00%-0.701.295.39
Chile 2494.10%0.50%5.00%1.00%6.20%1.00%12.20%-3.50489.2817.27
Hong Kong 2442.80%0.20%0.50%4.00%3.50%3.50%33.10%1.107.767.10
Nigeria 2446.60%6.60%12.00%9.10%23.90%0.30%18.30%10.80158.00162.47
Israel 2433.42%0.68%1.50%0.80%6.50%-4.20%79.50%3.703.707.76
Singapore 2400.20%1.80%0.03%1.50%1.90%1.10%97.90%21.901.265.18
Portugal 238-3.90%-0.30%0.50%0.20%17.70%-6.40%123.60%-3.001.2910.64
Egypt 2302.20%2.20%9.75%8.11%13.20%-10.80%79.70%-3.106.9882.54
Philippines 2256.80%1.50%3.50%2.60%7.10%-2.30%40.10%2.8041.6294.85
Ireland 2170.00%0.00%0.50%0.50%14.00%-7.60%117.60%2.101.294.49
Czech Republic 215-1.90%-0.80%0.05%1.70%7.70%-4.40%45.80%-2.9020.0410.55
Pakistan 2113.59%3.59%9.50%5.80%6.50%-6.40%50.40%-2.0098.40176.74
Algeria 1892.60%2.60%4.00%4.42%10.00%10.30%8.80%10.3079.6835.98
Kazakhstan 1864.50%8.60%5.50%6.40%5.30%-2.90%9.60%4.60150.8816.56
Romania 1801.40%0.50%5.25%5.30%6.70%-2.90%37.80%-3.803.3621.39
Kuwait 1776.10%2.00%1.60%2.72%33.00%6.20%45.005.052.82
Peru 1774.80%2.10%4.25%2.31%5.60%2.10%21.00%-3.572.6829.40
Qatar 1736.60%0.10%4.50%3.70%0.50%5.00%29.50%29.503.641.87
Ukraine 165-2.50%-0.80%7.50%-0.80%8.10%-1.80%35.89%-5.908.1445.70
New Zealand 1602.50%1.50%2.50%0.90%6.20%-8.40%35.90%-5.000.814.40
Hungary 140-0.90%0.70%4.75%1.70%11.80%-1.90%79.20%2.30223.789.97
Vietnam 1244.89%4.89%9.00%6.36%1.81%-6.90%37.30%7.4020901.0087.84
Iraq 11510.20%6.00%1.28%16.00%10.00%31.30%0.301157.0032.96
Bangladesh 1116.30%6.30%7.25%7.93%4.50%-2.90%22.80%0.9077.81150.49
Angola 1047.40%7.40%10.00%9.00%26.00%7.30%29.90%7.3096.1419.62
Morocco 1004.80%4.80%3.00%2.40%9.40%-7.60%56.00%-5.308.5732.27
Puerto Rico 96-1.50%1.80%13.70%80.243.71
Slovakia 960.90%0.30%0.50%1.70%14.40%-4.30%52.10%0.001.295.44
Oman 728.30%1.00%2.30%15.00%6.30%5.50%15.600.392.85
Ecuador 664.20%1.00%8.17%3.03%4.61%-1.02%18.20%-0.50216.3014.67
Croatia 64-2.30%-0.70%6.25%3.30%20.90%-4.60%53.60%-0.505.864.41
Sudan 642.80%11.30%41.40%15.90%-3.40%62.00%-12.304.4034.32
Azerbaijan 633.80%4.75%1.40%5.40%0.60%11.20%20.300.789.17
Cuba 612.80%2.25%5.50%3.60%-3.80%19.00%0.901.0011.25
Luxembourg 591.60%1.60%0.50%1.70%6.60%-0.80%20.80%6.301.290.52
Sri Lanka 596.30%6.30%7.00%6.40%3.90%-6.40%79.10%-6.60126.3520.87
Syria 59-2.30%49.50%14.90%-1.14%18.64%-2.1597.4820.82
Dominican Republic 563.90%10.70%5.00%4.90%15.10%-6.64%45.71%-7.2041.2110.06
Belarus 55-1.90%25.00%20.70%0.50%3.26%37.27%-6.168705.009.47
Bulgaria 540.40%0.10%0.02%2.00%13.80%-0.80%18.50%-0.701.527.48
Myanmar 515.50%10.00%0.37%4.01%-5.50%53.53%-2.70947.5048.34
Slovenia 50-3.00%-1.00%0.50%1.50%13.40%-4.00%54.10%1.901.292.05
Uruguay 474.80%-0.10%9.25%8.14%6.60%-0.29%49.00%-5.3019.103.37
Guatemala 473.16%5.25%4.13%2.90%-0.89%29.74%-2.907.8014.76
Tunisia 462.50%0.60%4.00%6.40%16.70%-4.50%43.50%-8.101.6610.67
Uzbekistan 458.20%12.00%3.30%4.80%0.43%8.70%2.702077.9229.34
Serbia 451.90%-0.30%11.25%11.40%22.40%-6.20%60.50%-11.5085.757.26
Lithuania 433.40%1.30%1.50%1.20%13.10%-3.20%40.70%-0.902.673.20
Lebanon 420.60%10.00%10.10%5.83%-9.50%139.50%-16.101504.004.26
Costa Rica 413.50%0.81%5.00%6.31%9.80%-4.36%49.59%-5.20502.304.73
Ghana 396.00%2.10%16.00%10.60%12.90%-12.10%44.90%-8.002.0024.97
Macao 368.50%0.50%5.24%1.90%44.278.000.56
Libya 34122.00%3.00%-3.60%19.50%8.90%7.80%1.301.286.42
Kenya 344.70%2.20%8.50%4.14%40.00%-4.98%46.50%-11.5084.3041.61
Yemen 34-1.90%15.00%11.30%29.00%-7.80%43.40%-0.40214.8324.80
Panama 3110.00%18.23%3.70%4.00%-2.36%35.90%-9.001.003.57
Ethiopia 308.50%5.00%6.10%17.50%-1.60%17.00%-6.3018.6584.73
Jordan 292.20%5.00%6.01%12.80%-6.40%71.90%-20.900.716.18
Latvia 283.10%1.20%2.50%-0.40%12.80%-1.20%40.70%-2.500.542.22
Cyprus 25-4.30%-1.30%0.50%-0.30%14.00%-6.30%85.80%-6.001.290.86
Cameroon 254.50%0.80%5.75%2.90%3.80%-1.30%6.50%-6.30507.2920.03
Bolivia 244.57%4.01%1.60%4.95%7.50%2.03%31.40%7.506.8310.10
Ivory Coast 249.80%3.75%3.90%15.70%-2.50%78.80%3.70507.2920.15
Turkmenistan 2411.10%6.50%2.60%6.80%7.28%1.502.865.11
Tanzania 246.50%1.50%12.00%9.40%10.70%-10.60%47.70%-6.401628.5046.22
Bahrain 232.70%0.50%2.25%2.80%3.80%-9.70%31.60%15.400.381.32
El Salvador 231.70%2.30%3.30%0.02%6.62%0.59%60.78%-2.908.756.23
Estonia 221.00%-1.00%0.50%3.10%10.20%-0.30%10.10%-2.701.291.34
Trinidad and Tobago 22-0.39%2.75%6.90%4.90%-1.20%37.30%12.106.421.35
South Sudan 211.90%24.10%12.00%2.8310.31
Equatorial Guinea 204.00%5.75%7.10%22.30%-3.00%5.80%-16.400.72
Afghanistan 209.50%15.00%5.80%15.00%-26.00%8.00%-38.5053.2335.32
Nepal 194.63%8.00%10.07%3.00%-3.80%32.50%-0.9089.0130.49
Zambia 197.30%9.25%6.60%15.00%-2.60%31.20%5.405.2913.47
Paraguay 18-0.40%-0.50%5.50%1.60%7.90%-1.50%12.50%0.204220.006.57
Honduras 173.50%7.00%4.70%4.50%-4.92%46.08%-9.7020.207.75
Botswana 173.20%1.30%9.00%7.20%17.80%-10.10%16.10%1.708.402.03
Gabon 176.10%5.75%1.41%16.00%8.50%13.80%9.60515.351.53
Uganda 172.80%1.80%12.00%3.40%4.20%-3.90%33.30%-3.602597.5034.51
Congo 167.20%3.00%5.67%50.30%-6.30%47.00%-4.40918.3167.76
Jamaica 15-0.90%-1.10%5.75%9.10%14.20%-1.90%145.80%-11.9098.432.71
Republic of the Congo 155.70%5.75%6.90%26.60%22.00%19.60%13.30505.944.14
Senegal 145.20%14.50%3.75%0.30%10.20%-4.70%56.40%-8.70513.1512.77
Georgia 142.50%4.25%-1.68%15.10%-0.80%32.70%-12.001.644.49
Iceland 141.40%0.50%6.00%3.30%5.80%-1.50%96.20%-7.50123.430.32
Cambodia 137.20%1.19%1.73%0.20%-4.52%28.50%-3.814023.0014.31
Albania 131.70%0.10%3.75%2.30%13.26%-3.50%36.29%-13.24109.163.22
Papua New Guinea 138.90%6.25%1.60%1.90%-1.50%72.90%-0.382.227.01
Mozambique 138.30%2.30%9.50%4.79%17.00%-6.80%39.90%-25.5029.9423.93
Namibia 124.30%4.30%5.50%6.11%16.70%-4.60%25.30%-1.409.592.32
Brunei 124.00%5.50%1.10%2.60%23.98%0.00%48.501.260.41
Mauritius 113.90%1.30%4.90%3.60%7.76%-3.40%37.88%-10.2031.291.29
Mali 11-1.50%3.75%-0.30%10.50%-1.00%-5.4015.84
Macedonia 100.20%0.20%3.38%3.30%30.60%-2.70%28.10%-2.7048.052.06
Madagascar 102.40%9.50%5.80%3.80%-1.30%25.80%-3.402208.5021.32
New Caledonia 103.70%1.50%1.40%13.80%92.060.25
Burkina Faso 108.00%3.75%2.50%3.30%-8.10%16.20%-0.90513.1516.97
Armenia 106.40%9.50%3.90%5.90%-1.50%37.50%-10.60417.213.10
Zimbabwe 104.40%14.32%2.49%10.70%1.80%150.90%-35.3012.75
Chad 97.20%5.75%-4.90%22.60%0.40%19.50%2.3011.53
Mongolia 97.20%7.20%11.50%10.40%3.60%-8.40%51.70%-31.301419.502.80
Malta 93.40%0.90%0.50%0.90%6.50%-3.30%72.10%1.501.290.42
Laos 88.00%5.00%5.80%2.50%-7.90%38.56%-3.877643.806.29
Bahamas 81.80%4.50%1.90%14.00%-5.60%49.90%-14.101.000.35
Benin 73.50%3.75%3.30%1.00%-2.50%18.80%-8.20513.159.10
Haiti 72.80%7.00%7.60%40.60%-0.15%16.20%-4.0042.5010.12
Moldova 7-2.50%0.91%3.50%4.50%5.90%-2.40%22.55%-11.4012.503.56
Nicaragua 77.40%6.80%7.40%2.03%68.70%-12.8024.395.87
Tajikistan 77.30%6.50%5.90%2.50%1.20%34.90%-11.764.766.98
Niger 610.80%3.75%1.90%2.25%-4.90%17.60%-26.50515.3516.07
Rwanda 68.70%9.90%7.50%4.37%30.00%-2.00%25.10%-11.30639.9910.94
Monaco 66.60%1.300.04
Malawi 65.00%25.00%35.80%3.00%0.40%16.30%-18.50336.0015.38
Kyrgyzstan 6-0.90%2.97%7.90%7.70%-5.00%51.10%-20.8048.295.51
Kosovo 64.50%2.40%45.40%-1.86%-18.31462.801.79
Liechtenstein 51.40%-0.60%0.930.04
Montenegro 5-0.30%3.20%14.06%-4.20%45.30%-19.361.310.63
Guinea 55.10%22.00%12.90%3.10%-13.80%64.12%-24.937127.5010.22
Bosnia and Herzegovina 5-0.50%7.00%0.10%46.10%-1.30%40.63%-8.801.520.63
Suriname 54.50%11.76%4.10%9.00%-1.70%20.57%15.013.300.53
Swaziland 41.29%5.00%9.00%28.20%-9.50%9.77%-11.409.571.07
Togo 45.00%3.75%3.10%6.80%-4.10%17.80%-8.60513.156.15
Fiji 42.50%0.50%1.00%7.00%-3.50%49.68%-10.001.850.87
Palestine 45.30%1.14%22.90%4.30%25.20%-24.404.02
Mauritania 44.00%9.00%4.60%31.20%-2.10%52.90%-5.30301.503.54
Eritrea 36.30%12.50%14.50%-13.50%36.00%1.3011.525.42
Cayman Islands 31.10%2.10%6.30%-3.30%24.90%-18.400.820.06
Central African Republic 23.10%5.75%5.57%16.10%-3.50%21.80%-7.00505.944.49
Cape Verde 25.10%9.75%2.30%16.80%-10.10%57.00%-18.2884.730.50
Burundi 24.00%14.77%3.00%35.00%-8.30%18.80%-18.101576.008.58
Bhutan 27.50%6.00%8.37%3.10%-4.40%89.40%-20.500.74
Guyana 24.10%5.25%3.40%21.00%-3.38%63.30%-13.20206.710.76
Maldives 23.40%7.00%4.60%11.70%-12.60%68.44%-27.1015.360.32
Lesotho 24.00%10.43%5.07%25.30%-8.00%43.50%-17.309.582.19
Sierra Leone 26.20%17.00%11.54%3.40%-6.89%37.90%-55.704324.766.00
Somalia 12.60%-15.35%1458.009.56
Liberia 18.80%13.42%7.71%3.70%-0.80%44.90%-36.6073.004.13
Seychelles 14.00%7.50%5.30%1.70%3.80%44.00%-24.6011.830.09
Guinea Bissau 12.60%3.75%1.50%7.60%-1.60%17.70%-6.701.55
Gambia 16.30%14.00%4.23%6.00%-3.80%31.40%-17.5034.961.78
East Timor 110.60%11.70%3.60%3.61%41.581.18
Djibouti 14.50%10.61%7.66%59.50%-0.50%54.70%-6.90174.700.91
Comoros 13.00%1.60%7.80%13.50%3.10%39.30%-14.10379.500.75
Sao Tome and Principe 04.00%14.00%11.30%14.00%-15.20%75.80%-33.9018938.000.17

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