3. Chart - Selected Economics Statistics for Various Years, 1995-2010
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1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
ECONOMICGROWTHRATE
STATISTICSINBILLIONSOFDOLLARS
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Gross Domestic Product
National Income
Disposable Income
Real GDP (billions of 2009 dollars)
Economic Growth Rate
4. Analysis - Selected Economics Statistics for Various Years, 1995-2010
• Gross Domestic Product: It has gradually increased from 1995 to 2010.
However, there is an exception to that which is 2009 where the Gross
Domestic Product has slightly decreased from $14720.3 in the previous year
to $14417.9 billion. Obviously, the reason behind that is 2009 was the trough
of the Great Recession which occurred between the years 2007 to 2009.
5. Analysis - Selected Economics Statistics for Various Years, 1995-2010
• National Income: The same interpretation can be applied here. However,
the National Income has been stable during the period between mid-2006 to
mid-2008.
6. Analysis - Selected Economics Statistics for Various Years, 1995-2010
• Disposable Income: The same interpretation can be applied here. However,
it seems that the Disposable Income was not significantly impacted by the
Great Recession.
7. Analysis - Selected Economics Statistics for Various Years, 1995-2010
• Real GDP: The same interpretation can be applied here. In addition, the
chart shows that the gap between the GDP and the real GDP began to
shrink gradually, starting from mid-2006 to be completely disappeared at
the beginning of the year 2008.
8. Analysis - Selected Economics Statistics for Various Years, 1995-2010
• Economic Growth Rate: From 1995, the rate started to increase gradually
until reached its best in 1999 at 4.8%. Soon, it began to fall sharply until
reached its lowest at 1% in 2001. Then, it began to take a steady rise until
topped at 3.8% in 2004. Later, the rate began to decline gradually until
bottomed at only 0.3% in 2008, and this is the lowest economic growth rate
for the period from 1995 to 2010.