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 Q1 and Q2 GDP growth for many countries, Updated for many countries

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22222222
post Aug 14 2020, 05:10 PM

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QUOTE(dotadellpro @ Aug 14 2020, 02:16 PM)
Q1 (sorted from highest to lowest)

Vietnam :  +3.82%  (10-year low)
Indonesia : +2.97%    (weakest since 2001)
Malaysia : +0.7%    (weakest since 3Q 2009 )
Philippines : -0.2%      (first time negative in 22 years)
South Korea : -1.4% (biggest decline since 4Q 2008)
UK : -2.0%
Thailand : -1.8% (the deepest contraction since the flood-hit fourth quarter of 2011)
Singapore :  -2.2%    (worst GDP year-on-year contraction since 1Q 2009)
US : -4.8%  (lowest level since the 8.4% plunge in Q4 of 2008)
China : -6.8%      (first decline since at least 1992, when official quarterly GDP records started)
Hong Kong : -8.9%    (biggest fall since the government began tracking comparable data in 1974)

Q2

China : +3.2%    
Vietnam : +0.32%    
South Korea :  -3.3%   (worst GDP contraction South Korea has experienced since 1998.)
Indonesia :    -5.32%   (the lowest since the first quarter of 1999)
Hong Kong : -9.0% (contracted for the fourth straight quarter, only one quarter behind the longest recession on record, when Hong Kong's economy shrank for five quarters in 1998-1999.)
US : -9.5%  (steepest decline in nearly 70 years of quarterly data)
Singapore :  -13.2%    (worst on record)
Phillipines :  -16.5%  (lowest since 1981)
Malaysia :  -17.1%  (worst performance in nearly 22 years)
UK : -20.4% ( worst on record )
Q1 Sos

MY : https://www.theedgemarkets.com/article/bnm-...measures-impact
SG : https://www.channelnewsasia.com/news/busine...vid-19-12577146
HK : https://www.thestar.com.my/news/regional/20...as-gdp-dives-89
SK : https://pulsenews.co.kr/view.php?year=2020&no=421550
PH : https://www.rappler.com/business/260156-gro...ippines-q1-2020
ID : https://www.channelnewsasia.com/news/asia/i...e-2001-12703550
CN : https://www.cnbc.com/2020/04/17/china-econo...oronavirus.html
US : https://www.cnbc.com/2020/04/29/us-gdp-q1-2...st-reading.html
TH : https://www.bangkokpost.com/business/192140...y-rate-to-0-50-
VN : https://vietnamtimes.org.vn/vietnams-gdp-gr...-low-18849.html
UK : https://www.theguardian.com/business/live/2...n-business-live

Q2 Sos

MY : https://www.straitstimes.com/asia/se-asia/m...omic-activities
SG : https://www.straitstimes.com/business/econo...nges-worse-than
ID : https://www.thejakartapost.com/news/2020/08...5-32-in-q2.html
VN : http://hanoitimes.vn/vietnam-positive-grow...sbc-313035.html
CN : https://news.cgtn.com/news/2020-07-16/China...gOrK/index.html
US : https://wolfstreet.com/2020/07/30/no-gdp-di...l-annual-rates/
SK : https://asiatimes.com/2020/07/south-koreas-...nges-3-3-in-q2/
PH : https://thefinancialexpress.com.bd/economy/...1981-1596690529
HK : https://www.straitstimes.com/business/econo...shrinks-9-in-q2
UK : https://www.cnbc.com/2020/08/12/uk-gdp-plun...nd-quarter.html

Anyone want me to add other countries to the list, can help give me sos
*
Why so difficult to find so many source? You can refer below link.

https://tradingeconomics.com/forecast/gdp-a...?continent=asia

Malaysia Q2 -17.1, Q3 forecast -6.4% still not positive

The worst in the world is Macau, Q1 already -48.70. rclxub.gif


22222222
post Aug 14 2020, 05:39 PM

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QUOTE(dotadellpro @ Aug 14 2020, 05:28 PM)
There looks like there is difference in number.

For example they put UK as -21.7 but news website put -20.4

Anyway thanks, I double check it later.
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"UK gross domestic product (GDP) is estimated to have fallen by a record 20.4% in Quarter 2 (Apr to June) 2020, marking the second consecutive quarterly decline after GDP fell by 2.2% in the previous quarter (Figure 1). This is the largest quarterly contraction in the UK economy since Office for National Statistics (ONS) quarterly records began in 1955, and reflects the ongoing public health restrictions and forms of voluntary social distancing that have been put in place in response to the coronavirus (COVID-19) pandemic. In level terms, real GDP was last lower in Quarter 2 2003. Compared with the same quarter a year ago, the UK economy fell by 21.7%."

Y-o-Y comparison.
22222222
post Aug 14 2020, 05:55 PM

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QUOTE(James1983 @ Aug 14 2020, 05:30 PM)
So sad... our results quite bad
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Our private spending drop 18.5 and investment drop 28.9%, that's why the result so bad.

Expected the coming September, BNM will cut interest rate again.

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22222222
post Aug 17 2020, 03:12 PM

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Thailand just announced Q2 GDP 2020, -12.12....better than us. Look like Malaysia is the worst in Asean.
22222222
post Aug 17 2020, 03:37 PM

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QUOTE(Joe_Longgo @ Aug 17 2020, 03:15 PM)
I reckon because Thai covid wasn't as bad in MY? their domestic production still can continue.
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Haha, how about Singapore, Philippines & Indonesia? The covid case worst than us but economic not as bad as like us.

Thailand start to lockdown by end of March and start to open end of July, during the lockdown the whole tourism sector are affected, the tourism sector contribute to thailand 10-15% GDP yearly to Thailand. The lockdown should impact Thailand mostly, but look like it perform better than us.
22222222
post Aug 18 2020, 10:48 AM

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QUOTE(MPPJ @ Aug 17 2020, 08:50 PM)
Japan q2 -27.8%
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https://tradingeconomics.com/japan/gdp-growth-annual

The Y-o-Y should be -9.9%, not -27.8%

 

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