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Singapore GDP contracts 5.4 percent in 2020

Singapore's economy in 2020 shrank by 5.4 percent in 2020, the Ministry of Trade and Industry (MTI) said on Monday, slightly better than forecasts of a 5.8-percent contraction.

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Japan's GDP for 2020 Q4 grows 12.7 percent

Japan's economy expanded an annualized real 12.7 percent from October to December 2020, according to government data.The Japanese economy shrank 4.8 percent as the country was hit by the COVID-19 pan

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UK economy shrank by 9.9% in 2020: Report

Figures from the Office for National Statistics show the UK's economy shrank by 9.9 percent in 2020 marking the biggest contraction in the country on record, according to media reports.

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U.S. economy shrank in 2020 despite fourth-quarter GDP growth at 4%

02:14 The U.S. economy shrank by 3.5% last year, its worst performance since the end of the Second World War. And new data also reveals the economic recovery from the coronavirus pande

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South Africa's economy contracts by 51 percent in Q2

Gross domestic product in South Africa shrank by more than half from April to June compared with a year earlier, battered by the impact of the coronavirus pandemic, the country's statistics agency sa

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Japan's Q2 GDP shrinks annualized 27.8 pct, worst in decades

Japan's economy in the April-June quarter shrank an annualized real 27.8 percent from the previous quarter due to the COVID-19 pandemic, which is the worst contraction

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UK economy shrinks by record 20.4% in April

Britain's economy shrank by a record 20.4 percent in April from March amid the coronavirus lockdown, official data showed on Friday.This monthly decline in GDP is three times greater than the fall ex

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Japan's economy shrinks annualized 3.4 pct in January-March period

Japan's economy shrank for a second straight quarter in the January-March period, as a result of the adverse effects of the coronavirus pandemic, the government said i

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U.S. Q1 GDP shrinks by 4.8% amid COVID-19 pandemic, worst drop since 2008

The U.S. gross domestic product (GDP) shrank by 4.8 percent in the first quarter of 2020, marking the worst dive since the fourth quarter of 2008 when the number was re

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U.S. Q1 GDP shrinks by 4.8% amid COVID-19 pandemic

The U.S. gross domestic product(GDP) shrank by 4.8 percent in the first quarter of 2020, marking the worst dive since the fourth quarter of 2008 when the number was recorded at 8.4%.According to the