2019Q4 Growth Review

Annual GDP growth has been 0.88% in 2019 which is only slightly higher than our forecast of 0.84%. When we check the series since we started to produce estimates for 2019 as a whole, our nowcasting model pointed to a positive GDP growth estimate by October and hovered around 0.9% since November.

You can find the brief here.


Quarterly graphs demonstrate the growth rate estimation of the related quarter in light of the disclosed data. The features and the estimated growth can be read by the points above the graph.

The graphs were created separately for the estimates of the growth rate of both the year to year (by the same quarter of the previous year) as well as the growth rate from quarter to quarter (compared to the previous quarter). The growth rate of GSYIH predicted in quarter-to-quarter growth is seasonally adjusted.

In addition, the table below has been prepared to easily track which data is more effective on which estimate. With each new data, the graphics and tables in this site are renewed.