The German GDP has now returned to the pre-crisis level of Q4 2019 but the outlook is challenging amid an ongoing energy crisis. The 2018 labour productivity of Malaysia was measured at Int55360 per worker the third highest in ASEAN.
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The average growth rate has been calculated using the geometric mean to obtain a 5-year equivalent rate.
. It is the 17th largest economy in the world by nominal GDP and the 7th largest in terms of GDP PPPEstimated at US40 billion in 2019 Indonesias Internet. World Economic Outlook April 2022. According to the Global Competitiveness Report 2021 the Malaysian economy is the 25th most competitive country economy in the world.
As a middle income country and member of the G20 Indonesia is classified as a newly industrialized country. The Gross Domestic Product of a country can be defined as the total monetary value of the goods and services produced within its borders in a year. The economy of Indonesia is the largest in Southeast Asia and is one of the emerging market economies.
GDP growth is expressed as a percent. GDP Growth Rate in Germany averaged 048 percent from 1970 until 2022 reaching an all time high of 9 percent in the third quarter of 2020 and a record low of -950 percent in the second quarter of 2020. The economy of Malaysia is the third largest in Southeast Asia and the 34th largest in the world in terms of GDP.
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