word | | Economy - overview |
| contracted | Thailand | ... severely cut Thailand's exports, with most sectors experiencing double-digit drops. In 2009, the economy contracted 2.4%. In 2010, Thailand's economy expanded 7.8%, its fastest pace since 1995, as exports ... |
| contracted | Trinidad and Tobago | ... average of about 3.7% for that same period; however, GDP has slowed down since then and contracted about 3.5% in 2009, before rising more than 2% in 2011. Growth has been fueled ... |
| contracted | Ukraine | ... the global financial crisis due to aggressive foreign borrowing lowered growth in 2008 and the economy contracted nearly 15% in 2009, among the worst economic performances in the world; growth resumed in ... |
| contracted | United States | ... home prices, and tight credit pushed the United States into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the ... |
| contracting | Cyprus | ... in showing signs of stress from the global crisis, the economy tipped into recession in 2009, contracting by 1.7%, and has been slow to bounce back since, posting an anemic growth rate ... |
| contracting | Ecuador | ... public sector revenues in recent years. In 1999/2000, Ecuador suffered a severe economic crisis, with GDP contracting by 5.3%. Poverty increased significantly, the banking system collapsed, and Ecuador defaulted on its external ... |
| contraction | Andorra | ... has dimmed Andorra's prospects. In 2010 and 2011 a drop in tourism contributed to a contraction in GDP and a deterioration of public finances, prompting the government to implement several austerity ... |
| contraction | Bahamas, The | ... off. The global recession in 2009 took a sizeable toll on the Bahamas, resulting in a contraction in GDP and a widening budget deficit. The decline was reversed in 2010-11 as tourism ... |
| contraction | Botswana | ... s heavy reliance on a single luxury export was a critical factor in the sharp economic contraction of 2009. Tourism, financial services, subsistence farming, and cattle raising are other key sectors. Although ... |
| contraction | Estonia | ... estate market bubble. GDP dropped nearly 14% in 2009, among the world's highest rates of contraction. Rising exports to Sweden and Finland lead an economic recovery in 2010, but unemployment stands ... |
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This page was last updated on 3 February, 2012 |
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