Fall-2022

Topic Ecomonic Conditions of Bangladesh during 1965-2021

Course Ecomonic Condition Analysis

Submitted to Dr. Asad Karim Khan Priyo, Associate Professor and Chair
Department of Economics, School of Business and Economics
North South University.

Submitted by Name ID
Mst. Sintthia Aktar 2225285660

Rahat Ahmed Bhuiyan 2225170660

022
ng 1965-2021

ofessor and Chair

siness and Economics
Country Name
Series Name GDP (constant 2015 US$) Consumption Expenditure (constant 2015 US$)
Year 1965 27922666606.9652 47885615761.6979
Year 1966 28639388964.5104 48697921023.6883
Year 1967 28102153000.1176 48465903947.8052
Year 1968 30768893886.4234 49949760709.9078
Year 1969 31144538360.9775 51969410035.3521
Year 1970 32894815414.1392 56512120840.4319
Year 1971 31092349586.6862 54523261938.1748
Year 1972 26747589008.3516 51157819760.6566
Year 1973 27637128279.6545 43985554109.2124
Year 1974 30288069546.9295 41858369668.2198
Year 1975 29049828419.5728 39929613849.6414
Year 1976 30694444134.7326 39865790913.0832
Year 1977 31514923830.6960 34882122803.3229
Year 1978 33744238404.0341 40356975792.3940
Year 1979 35364513430.9366 41616849458.9501
Year 1980 35654198967.1818 43304825469.0327
Year 1981 38233403645.3379 41834208146.8952
Year 1982 39049429821.9030 40508186317.6055
Year 1983 40564956312.1550 41569722467.2138
Year 1984 42513416921.3803 44563556629.0937
Year 1985 43934221544.8745 45151773517.4713
Year 1986 45767764684.2624 46442091392.3333
Year 1987 47494308687.0718 47713244308.5851
Year 1988 48641893176.7726 49564505857.3746
Year 1989 50021660425.8707 50012072202.9415
Year 1990 52834007311.7356 53832358954.5521
Year 1991 54675392830.5310 53661757866.6621
Year 1992 57651202535.9184 55779083385.5653
Year 1993 60367474528.3116 57678372884.3427
Year 1994 62715845616.4939 59790741314.2538
Year 1995 65927698356.0694 62030644575.0639
Year 1996 68909554894.7529 61970869849.4175
Year 1997 72003522586.3163 62621675437.8987
Year 1998 75731164300.4423 63679499079.6088
Year 1999 79267928092.7910 66220846955.1331
Year 2000 83463813143.9597 69515427765.1396
Year 2001 87701511126.0790 72388253526.2170
Year 2002 91063218744.8437 73153532125.6243
Year 2003 95379221373.1041 76117497321.1027
Year 2004 100376647066.6810 80661299810.9461
Year 2005 106937209452.1030 86091255620.2481
Year 2006 114071958456.5960 92158664881.8560
Year 2007 122123840982.2430 99009643340.3715
Year 2008 129468112024.8150 102950509348.3340
Year 2009 135999939845.1320 105309865778.7320
Year 2010 143577568429.6430 110158363493.5030
Year 2011 152858966788.2000 117309490656.9960
Year 2012 162827601299.7350 122135909007.6420
Year 2013 172619411144.6350 128398322168.0270
Year 2014 183081976119.3360 133541429149.6770
Year 2015 195078678697.2300 141309707202.2510
Year 2016 208955558005.0970 145552185162.9910
Year 2017 222726251662.2240 154677055627.4970
Year 2018 239028505057.0300 169237148302.8950
Year 2019 257868529012.7520 177454321987.4650
Year 2020 266759891218.3600 182772272853.2490
Year 2021 285269493338.0430 197422319351.2670
 Bangladesh
Investment (constant 2015 US$) Government Experditure (constant 2015 US$)
864619349.9813 378800919.0703
901296097.1762 385777153.3761
1017425346.4837 374407774.5449
1372747194.0561 379776851.7602
1264526991.0224 398514139.9196
1175024038.9179 438084857.5062
892022507.3490 431473243.9005
395674678.3797 413177199.4373
777424968.7644 362494094.6737
1922817971.9194 551780574.0851
1498088079.6619 560375161.6359
1771505485.9822 1536127846.5500
2236071031.0079 1818063127.0744
2813215583.4110 1665046620.7586
3133317852.9103 1852893814.6129
3679995223.5565 1799928144.1879
4521107298.7140 2112166772.5260
4909474609.8722 2118720667.4776
5130997888.1900 2171337748.6703
5641841871.2686 2252215595.8637
5976051979.7446 2289307848.0360
6311534986.5311 2470678741.3909
6960999512.2576 2521204152.9433
7067639495.8121 2540958799.8085
7415764210.7178 2557320296.6849
7824773980.0709 2567971456.9704
8017201024.8334 2621337562.6094
8338489759.1746 2907061810.2585
9269398972.9800 3247223074.3844
10125663733.9753 3355397448.9755
11098553975.4526 3432593692.0382
12425017166.1572 3404538969.9407
13227604366.0233 3569393619.3075
14433057590.4134 3678279700.2707
15672366742.8939 3780770768.1847
16787877280.6783 3920118590.6951
18119948639.7210 4143529103.8213
19464469263.8013 4527742464.1533
20954932578.5424 4914591936.7347
22675034949.4159 5394266732.3160
24888943707.7114 5922197027.1272
27349950857.2533 6404654385.6383
29304615599.8753 6600483353.9341
32180894661.7489 6810810939.6009
34558465709.1996 7226462379.3503
37518267627.6246 7719732679.7728
41105369359.0945 8239754637.8361
45449273624.0632 8493724526.2965
47887464350.5742 8985603545.2541
52606798542.0307 9694131937.5874
56351771702.4379 10542520729.8130
61372360756.9167 11424764037.6843
66502828460.8754 12247635761.4898
74571550949.2751 12894002893.9963
79702282631.5626 14621702274.6432
82847232447.4077 14907037288.5837
89550219055.6772 15932227752.0488
Exports of goods and services (constant 2015 US$) Imports of goods and services (constant 2015 US$)
886206154.0085 10763180002.5342
1013221168.7469 11200085088.2194
894003353.6770 13085822657.5316
929765143.5684 12366393983.4707
972513640.9560 13363340002.6912
1074451024.2420 14948464286.7666
777708055.4105 11718866440.0382
599697722.7570 11705994604.2943
1113910321.4129 5806697060.3003
785972084.5424 3638638801.8352
881660284.3594 3244740709.5841
1100028707.5529 4465700272.8846
1380033861.4058 2470724735.0465
1274201404.0424 3919970863.9299
1484501883.7084 4349730697.5685
1498680109.4974 5804206661.4030
1022594301.9433 2756330832.6345
977030083.9149 3015549202.5891
1067267897.8142 2890481637.2683
1057186056.9631 2703518280.6216
1140690771.3892 2899305357.8788
1127580817.0806 2778736157.7308
1149009179.8051 2937173816.5024
1271719071.6512 3157247747.8974
1384917119.2310 3632322832.7516
1631244400.3580 3970590457.8988
1580813694.1499 3374309255.6813
1926151801.9276 3077685085.5436
2241904250.6325 4229321180.4236
2324369763.4674 3970863882.7565
3038511611.8815 5892618861.4943
3283883412.8861 6724041491.9581
3754062579.9824 6928534128.5032
4214594036.7604 7238306855.3948
4309451451.3503 7405191650.7362
4929933025.1824 8163033381.0386
5664684802.9799 9211871248.9107
5655389198.8775 8765332797.1767
5559451991.8918 9514729161.9763
10319082977.2698 17578413340.4165
14756419406.2707 24269247327.2419
18515810526.9885 28683932320.2854
20918348607.4832 33269355819.1424
22399495141.9538 32636828007.3857
22405880001.3371 31788383084.0669
22616838572.2155 32006596023.1442
29252421055.1890 41337467664.9336
32918410133.6764 45685573660.0320
33725531475.7353 46242093182.2629
34805136081.4814 46782350592.9268
33820154152.8479 48280651359.4871
34563098268.6042 44856643270.5937
33926003308.6975 47173130048.9261
35997497830.1837 58464008218.7632
40121541589.6505 58759535074.9620
33099311988.8598 52055329516.9472
36141620725.5387 60002065791.2174
Series Name GDP (constant 2015 US$) HP Trend Cyclical
Year 1965 27922666606.9652 #NAME? -2.2899%
Year 1966 28639388964.5104 #NAME? #NAME?
Year 1967 28102153000.1176 #NAME? #NAME?
Year 1968 30768893886.4234 #NAME? #NAME? 300000000000
Year 1969 31144538360.9775 #NAME? #NAME? 250000000000
Year 1970 32894815414.1392 #NAME? #NAME? 200000000000
Year 1971 31092349586.6862 #NAME? #NAME?
150000000000
Year 1972 26747589008.3516 #NAME? #NAME?
Year 1973 27637128279.6545 #NAME? #NAME? 100000000000

Year 1974 30288069546.9295 #NAME? #NAME? 50000000000

Year 1975 29049828419.5728 #NAME? #NAME? 0
Year 1976 30694444134.7326 #NAME? #NAME?
Year 1977 31514923830.6960 #NAME? #NAME?
Year 1978 33744238404.0341 #NAME? #NAME?
Year 1979 35364513430.9366 #NAME? #NAME?
Year 1980 35654198967.1818 #NAME? #NAME?
Year 1981 38233403645.3379 #NAME? #NAME?
Year 1982 39049429821.9030 #NAME? #NAME?
Year 1983 40564956312.1550 #NAME? #NAME?
Year 1984 42513416921.3803 #NAME? #NAME?
Year 1985 43934221544.8745 #NAME? #NAME? 5.0000%
Year 1986 45767764684.2624 #NAME? #NAME?
Year 1987 47494308687.0718 #NAME? #NAME? 3.0000%
Year 1988 48641893176.7726 #NAME? #NAME?
Year 1989 50021660425.8707 #NAME? #NAME? 1.0000%
Year 1990 52834007311.7356 #NAME? #NAME?
Year 1991 54675392830.5310 #NAME? #NAME? -1.0000%
Year 1992 57651202535.9184 #NAME? #NAME?
Year 1993 60367474528.3116 #NAME? #NAME? -3.0000%
Year 1994 62715845616.4939 #NAME? #NAME?
Year 1995 65927698356.0694 #NAME? #NAME? -5.0000%

Year 1996 68909554894.7529 #NAME? #NAME?

Year 1997 72003522586.3163 #NAME? #NAME?
Year 1998 75731164300.4423 #NAME? #NAME?
Year 1999 79267928092.7910 #NAME? #NAME?
Year 2000 83463813143.9597 #NAME? #NAME?
Year 2001 87701511126.0790 #NAME? #NAME?
Year 2002 91063218744.8437 #NAME? #NAME?
Year 2003 95379221373.1041 #NAME? #NAME?
Year 2004 100376647066.6810 #NAME? #NAME?
Year 2005 106937209452.1030 #NAME? #NAME?
Year 2006 114071958456.5960 #NAME? #NAME?
Year 2007 122123840982.2430 #NAME? #NAME?
Year 2008 129468112024.8150 #NAME? #NAME?
Year 2009 135999939845.1320 #NAME? #NAME?
Year 2010 143577568429.6430 #NAME? #NAME?
Year 2011 152858966788.2000 #NAME? #NAME?
Year 2012 162827601299.7350 #NAME? #NAME?
Year 2013 172619411144.6350 #NAME? #NAME?
Year 2014 183081976119.3360 #NAME? #NAME?
Year 2015 195078678697.2300 #NAME? #NAME?
Year 2016 208955558005.0970 #NAME? #NAME?
Year 2017 222726251662.2240 #NAME? #NAME?
Year 2018 239028505057.0300 #NAME? #NAME?
Year 2019 257868529012.7520 #NAME? #NAME?
Year 2020 266759891218.3600 #NAME? #NAME?
Year 2021 285269493338.0430 #NAME? #NAME?
 GDP Trend
300000000000

250000000000

200000000000

150000000000

100000000000

50000000000

HP Trend GDP

Cyclical Coponent
5.0000%

3.0000%

1.0000%

-1.0000%

-3.0000%

-5.0000%
Series Name Consumption Expenditure (constant 2015 US$) HP Trend
Year 1965 47885615761.6979 #NAME?
Year 1966 48697921023.6883 #NAME?
Year 1967 48465903947.8052 #NAME?
Year 1968 49949760709.9078 #NAME?
Year 1969 51969410035.3521 #NAME?
Year 1970 56512120840.4319 #NAME?
Year 1971 54523261938.1748 #NAME?
Year 1972 51157819760.6566 #NAME?
Year 1973 43985554109.2124 #NAME?
Year 1974 41858369668.2198 #NAME?
Year 1975 39929613849.6414 #NAME?
Year 1976 39865790913.0832 #NAME?
Year 1977 34882122803.3229 #NAME?
Year 1978 40356975792.3940 #NAME?
Year 1979 41616849458.9501 #NAME?
Year 1980 43304825469.0327 #NAME?
Year 1981 41834208146.8952 #NAME?
Year 1982 40508186317.6055 #NAME?
Year 1983 41569722467.2138 #NAME?
Year 1984 44563556629.0937 #NAME?
Year 1985 45151773517.4713 #NAME?
Year 1986 46442091392.3333 #NAME?
Year 1987 47713244308.5851 #NAME?
Year 1988 49564505857.3746 #NAME?
Year 1989 50012072202.9415 #NAME?
Year 1990 53832358954.5521 #NAME?
Year 1991 53661757866.6621 #NAME?
Year 1992 55779083385.5653 #NAME?
Year 1993 57678372884.3427 #NAME?
Year 1994 59790741314.2538 #NAME?
Year 1995 62030644575.0639 #NAME?
Year 1996 61970869849.4175 #NAME?
Year 1997 62621675437.8987 #NAME?
Year 1998 63679499079.6088 #NAME?
Year 1999 66220846955.1331 #NAME?
Year 2000 69515427765.1396 #NAME?
Year 2001 72388253526.2170 #NAME?
Year 2002 73153532125.6243 #NAME?
Year 2003 76117497321.1027 #NAME?
Year 2004 80661299810.9461 #NAME?
Year 2005 86091255620.2481 #NAME?
Year 2006 92158664881.8560 #NAME?
Year 2007 99009643340.3715 #NAME?
Year 2008 102950509348.3340 #NAME?
Year 2009 105309865778.7320 #NAME?
Year 2010 110158363493.5030 #NAME?
Year 2011 117309490656.9960 #NAME?
Year 2012 122135909007.6420 #NAME?
Year 2013 128398322168.0270 #NAME?
Year 2014 133541429149.6770 #NAME?
Year 2015 141309707202.2510 #NAME?
Year 2016 145552185162.9910 #NAME?
Year 2017 154677055627.4970 #NAME?
Year 2018 169237148302.8950 #NAME?
Year 2019 177454321987.4650 #NAME?
Year 2020 182772272853.2490 #NAME?
Year 2021 197422319351.2670 #NAME?
Cyclical Component
-5.7582%
#NAME?
#NAME?
#NAME? Consumtion Trend
#NAME? 250000000000.0000
#NAME?
#NAME? 200000000000.0000
#NAME?
#NAME? 150000000000.0000
Consumtion
#NAME? HP Trend
100000000000.0000
#NAME?
#NAME?
50000000000.0000
#NAME?
#NAME? 0.0000
#NAME? 65 69 73 77 81 85 89 93 97 01 05 09 13 17 21
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20
#NAME? a a a a a a a a a a a a a a a
Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? Cyclical Component
#NAME? 0.0000%
#NAME?
-1.0000%
#NAME?
#NAME? -2.0000%
#NAME? -3.0000%
#NAME? -4.0000%
#NAME?
-5.0000%
#NAME?
#NAME? -6.0000%
#NAME? -7.0000%
#NAME? 65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10 13 16 19
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20 r 20
#NAME? a a a a a a a a a a a a a a a a a a a
Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
Consumtion
HP Trend
Series Name Investment (constant 2015 US$) HP Trend Cyclical Component
Year 1965 864619349.9813 #NAME? 8.5328%
Year 1966 901296097.1762 #NAME? #NAME?
Year 1967 1017425346.4837 #NAME? #NAME?
Year 1968 1372747194.0561 #NAME? #NAME?
Year 1969 1264526991.0224 #NAME? #NAME?
Year 1970 1175024038.9179 #NAME? #NAME?
Year 1971 892022507.3490 #NAME? #NAME?
Year 1972 395674678.3797 #NAME? #NAME?
Year 1973 777424968.7644 #NAME? #NAME?
Year 1974 1922817971.9194 #NAME? #NAME?
Year 1975 1498088079.6619 #NAME? #NAME?
Year 1976 1771505485.9822 #NAME? #NAME?
Year 1977 2236071031.0079 #NAME? #NAME?
Year 1978 2813215583.4110 #NAME? #NAME?
Year 1979 3133317852.9103 #NAME? #NAME?
Year 1980 3679995223.5565 #NAME? #NAME?
Year 1981 4521107298.7140 #NAME? #NAME?
Year 1982 4909474609.8722 #NAME? #NAME?
Year 1983 5130997888.1900 #NAME? #NAME?
Year 1984 5641841871.2686 #NAME? #NAME?
Year 1985 5976051979.7446 #NAME? #NAME?
Year 1986 6311534986.5311 #NAME? #NAME?
Year 1987 6960999512.2576 #NAME? #NAME?
Year 1988 7067639495.8121 #NAME? #NAME?
Year 1989 7415764210.7178 #NAME? #NAME?
Year 1990 7824773980.0709 #NAME? #NAME?
Year 1991 8017201024.8334 #NAME? #NAME?
Year 1992 8338489759.1746 #NAME? #NAME?
Year 1993 9269398972.9800 #NAME? #NAME?
Year 1994 10125663733.9753 #NAME? #NAME?
Year 1995 11098553975.4526 #NAME? #NAME?
Year 1996 12425017166.1572 #NAME? #NAME?
Year 1997 13227604366.0233 #NAME? #NAME?
Year 1998 14433057590.4134 #NAME? #NAME?
Year 1999 15672366742.8939 #NAME? #NAME?
Year 2000 16787877280.6783 #NAME? #NAME?
Year 2001 18119948639.7210 #NAME? #NAME?
Year 2002 19464469263.8013 #NAME? #NAME?
Year 2003 20954932578.5424 #NAME? #NAME?
Year 2004 22675034949.4159 #NAME? #NAME?
Year 2005 24888943707.7114 #NAME? #NAME?
Year 2006 27349950857.2533 #NAME? #NAME?
Year 2007 29304615599.8753 #NAME? #NAME?
Year 2008 32180894661.7489 #NAME? #NAME?
Year 2009 34558465709.1996 #NAME? #NAME?
Year 2010 37518267627.6246 #NAME? #NAME?
Year 2011 41105369359.0945 #NAME? #NAME?
Year 2012 45449273624.0632 #NAME? #NAME?
Year 2013 47887464350.5742 #NAME? #NAME?
Year 2014 52606798542.0307 #NAME? #NAME?
Year 2015 56351771702.4379 #NAME? #NAME?
Year 2016 61372360756.9167 #NAME? #NAME?
Year 2017 66502828460.8754 #NAME? #NAME?
Year 2018 74571550949.2751 #NAME? #NAME?
Year 2019 79702282631.5626 #NAME? #NAME?
Year 2020 82847232447.4077 #NAME? #NAME?
Year 2021 89550219055.6772 #NAME? #NAME?
 Investment Trend
100000000000
90000000000
80000000000
70000000000
60000000000
50000000000
40000000000
30000000000
20000000000
10000000000
0
65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10 13 16 19
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20 r 20
a a a a a a a a a a a a a a a a a a a
Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye

HP Trend Investment

Cyclical Component
9.0000%
8.0000%
7.0000%
6.0000%
5.0000%
4.0000%
3.0000%
2.0000%
1.0000%
0.0000%
65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10 13 16 19
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20 r 20
a a a a a a a a a a a a a a a a a a a
Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
Series Name Government Experditure (constant 2015 US$) HP Trend
Year 1965 378800919.0703 #NAME?
Year 1966 385777153.3761 #NAME?
Year 1967 374407774.5449 #NAME?
Year 1968 379776851.7602 #NAME?
Year 1969 398514139.9196 #NAME?
Year 1970 438084857.5062 #NAME?
Year 1971 431473243.9005 #NAME?
Year 1972 413177199.4373 #NAME?
Year 1973 362494094.6737 #NAME?
Year 1974 551780574.0851 #NAME?
Year 1975 560375161.6359 #NAME?
Year 1976 1536127846.5500 #NAME?
Year 1977 1818063127.0744 #NAME?
Year 1978 1665046620.7586 #NAME?
Year 1979 1852893814.6129 #NAME?
Year 1980 1799928144.1879 #NAME?
Year 1981 2112166772.5260 #NAME?
Year 1982 2118720667.4776 #NAME?
Year 1983 2171337748.6703 #NAME?
Year 1984 2252215595.8637 #NAME?
Year 1985 2289307848.0360 #NAME?
Year 1986 2470678741.3909 #NAME?
Year 1987 2521204152.9433 #NAME?
Year 1988 2540958799.8085 #NAME?
Year 1989 2557320296.6849 #NAME?
Year 1990 2567971456.9704 #NAME?
Year 1991 2621337562.6094 #NAME?
Year 1992 2907061810.2585 #NAME?
Year 1993 3247223074.3844 #NAME?
Year 1994 3355397448.9755 #NAME?
Year 1995 3432593692.0382 #NAME?
Year 1996 3404538969.9407 #NAME?
Year 1997 3569393619.3075 #NAME?
Year 1998 3678279700.2707 #NAME?
Year 1999 3780770768.1847 #NAME?
Year 2000 3920118590.6951 #NAME?
Year 2001 4143529103.8213 #NAME?
Year 2002 4527742464.1533 #NAME?
Year 2003 4914591936.7347 #NAME?
Year 2004 5394266732.3160 #NAME?
Year 2005 5922197027.1272 #NAME?
Year 2006 6404654385.6383 #NAME?
Year 2007 6600483353.9341 #NAME?
Year 2008 6810810939.6009 #NAME?
Year 2009 7226462379.3503 #NAME?
Year 2010 7719732679.7728 #NAME?
Year 2011 8239754637.8361 #NAME?
Year 2012 8493724526.2965 #NAME?
Year 2013 8985603545.2541 #NAME?
Year 2014 9694131937.5874 #NAME?
Year 2015 10542520729.8130 #NAME?
Year 2016 11424764037.6843 #NAME?
Year 2017 12247635761.4898 #NAME?
Year 2018 12894002893.9963 #NAME?
Year 2019 14621702274.6432 #NAME?
Year 2020 14907037288.5837 #NAME?
Year 2021 15932227752.0488 #NAME?
Cyclical Component
64.1616%
#NAME?
#NAME?
#NAME?
#NAME?
Government Expenditure
#NAME? 18000000000
#NAME? 16000000000
#NAME? 14000000000
#NAME? 12000000000
#NAME? 10000000000 HP Trend
#NAME? 8000000000 Govt. Expenditure
#NAME? 6000000000
#NAME? 4000000000
#NAME? 2000000000
#NAME? 0
#NAME? 65 69 73 77 81 85 89 93 97 01 05 09 13 17 21
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20
a a a a a a a a a a a a a a a
#NAME? Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
Cyclical Component
#NAME? 70.0000%
#NAME? 60.0000%
#NAME?
50.0000%
#NAME?
40.0000%
#NAME?
#NAME? 30.0000%
#NAME? 20.0000%
#NAME?
10.0000%
#NAME?
0.0000%
#NAME?
#NAME? 65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10 13 16 19
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20 r 20
a a a a a a a a a a a a a a a a a a a
#NAME? Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
Trend
vt. Expenditure

13 16 19
20 r 20 r 20
a a
Ye Ye
Series Name Exports of goods and services (constant 2015 US$) HP Trend
Year 1965 886206154.0085 #NAME?
Year 1966 1013221168.7469 #NAME?
Year 1967 894003353.6770 #NAME?
Year 1968 929765143.5684 #NAME?
Year 1969 972513640.9560 #NAME?
Year 1970 1074451024.2420 #NAME?
Year 1971 777708055.4105 #NAME?
Year 1972 599697722.7570 #NAME?
Year 1973 1113910321.4129 #NAME?
Year 1974 785972084.5424 #NAME?
Year 1975 881660284.3594 #NAME?
Year 1976 1100028707.5529 #NAME?
Year 1977 1380033861.4058 #NAME?
Year 1978 1274201404.0424 #NAME?
Year 1979 1484501883.7084 #NAME?
Year 1980 1498680109.4974 #NAME?
Year 1981 1022594301.9433 #NAME?
Year 1982 977030083.9149 #NAME?
Year 1983 1067267897.8142 #NAME?
Year 1984 1057186056.9631 #NAME?
Year 1985 1140690771.3892 #NAME?
Year 1986 1127580817.0806 #NAME?
Year 1987 1149009179.8051 #NAME?
Year 1988 1271719071.6512 #NAME?
Year 1989 1384917119.2310 #NAME?
Year 1990 1631244400.3580 #NAME?
Year 1991 1580813694.1499 #NAME?
Year 1992 1926151801.9276 #NAME?
Year 1993 2241904250.6325 #NAME?
Year 1994 2324369763.4674 #NAME?
Year 1995 3038511611.8815 #NAME?
Year 1996 3283883412.8861 #NAME?
Year 1997 3754062579.9824 #NAME?
Year 1998 4214594036.7604 #NAME?
Year 1999 4309451451.3503 #NAME?
Year 2000 4929933025.1824 #NAME?
Year 2001 5664684802.9799 #NAME?
Year 2002 5655389198.8775 #NAME?
Year 2003 5559451991.8918 #NAME?
Year 2004 10319082977.2698 #NAME?
Year 2005 14756419406.2707 #NAME?
Year 2006 18515810526.9885 #NAME?
Year 2007 20918348607.4832 #NAME?
Year 2008 22399495141.9538 #NAME?
Year 2009 22405880001.3371 #NAME?
Year 2010 22616838572.2155 #NAME?
Year 2011 29252421055.1890 #NAME?
Year 2012 32918410133.6764 #NAME?
Year 2013 33725531475.7353 #NAME?
Year 2014 34805136081.4814 #NAME?
Year 2015 33820154152.8479 #NAME?
Year 2016 34563098268.6042 #NAME?
Year 2017 33926003308.6975 #NAME?
Year 2018 35997497830.1837 #NAME?
Year 2019 40121541589.6505 #NAME?
Year 2020 33099311988.8598 #NAME?
Year 2021 36141620725.5387 #NAME?
Cyclical Component
-2.0571%
#NAME? Export Trend
#NAME?
#NAME?
45000000000
#NAME? 40000000000
#NAME? 35000000000
#NAME? 30000000000
25000000000
#NAME? 20000000000
#NAME? 15000000000
#NAME? 10000000000
5000000000
#NAME?
0
#NAME? 65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10 13 16 19
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20 r 20
#NAME? a a a a a a a a a a a a a a a a a a a
Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
#NAME?
#NAME? HP Trend Export
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? Cyclical Component
#NAME? 0.0000%
#NAME?
#NAME? -0.5000%
#NAME?
#NAME? -1.0000%
#NAME?
-1.5000%
#NAME?
#NAME? -2.0000%
#NAME?
#NAME? -2.5000%
#NAME? 65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10 13 16 19
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20 r 20
#NAME? a a a a a a a a a a a a a a a a a a a
Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
 3 6 9
01 201 201
ar ar
Ye Ye

3 6 9
01 201 201
ar a r
Ye Ye
Series Name Imports of goods and services (constant 2015 US$) HP Trend
Year 1965 10763180002.5342 #NAME?
Year 1966 11200085088.2194 #NAME?
Year 1967 13085822657.5316 #NAME?
Year 1968 12366393983.4707 #NAME?
Year 1969 13363340002.6912 #NAME?
Year 1970 14948464286.7666 #NAME?
Year 1971 11718866440.0382 #NAME?
Year 1972 11705994604.2943 #NAME?
Year 1973 5806697060.3003 #NAME?
Year 1974 3638638801.8352 #NAME?
Year 1975 3244740709.5841 #NAME?
Year 1976 4465700272.8846 #NAME?
Year 1977 2470724735.0465 #NAME?
Year 1978 3919970863.9299 #NAME?
Year 1979 4349730697.5685 #NAME?
Year 1980 5804206661.4030 #NAME?
Year 1981 2756330832.6345 #NAME?
Year 1982 3015549202.5891 #NAME?
Year 1983 2890481637.2683 #NAME?
Year 1984 2703518280.6216 #NAME?
Year 1985 2899305357.8788 #NAME?
Year 1986 2778736157.7308 #NAME?
Year 1987 2937173816.5024 #NAME?
Year 1988 3157247747.8974 #NAME?
Year 1989 3632322832.7516 #NAME?
Year 1990 3970590457.8988 #NAME?
Year 1991 3374309255.6813 #NAME?
Year 1992 3077685085.5436 #NAME?
Year 1993 4229321180.4236 #NAME?
Year 1994 3970863882.7565 #NAME?
Year 1995 5892618861.4943 #NAME?
Year 1996 6724041491.9581 #NAME?
Year 1997 6928534128.5032 #NAME?
Year 1998 7238306855.3948 #NAME?
Year 1999 7405191650.7362 #NAME?
Year 2000 8163033381.0386 #NAME?
Year 2001 9211871248.9107 #NAME?
Year 2002 8765332797.1767 #NAME?
Year 2003 9514729161.9763 #NAME?
Year 2004 17578413340.4165 #NAME?
Year 2005 24269247327.2419 #NAME?
Year 2006 28683932320.2854 #NAME?
Year 2007 33269355819.1424 #NAME?
Year 2008 32636828007.3857 #NAME?
Year 2009 31788383084.0669 #NAME?
Year 2010 32006596023.1442 #NAME?
Year 2011 41337467664.9336 #NAME?
Year 2012 45685573660.0320 #NAME?
Year 2013 46242093182.2629 #NAME?
Year 2014 46782350592.9268 #NAME?
Year 2015 48280651359.4871 #NAME?
Year 2016 44856643270.5937 #NAME?
Year 2017 47173130048.9261 #NAME?
Year 2018 58464008218.7632 #NAME?
Year 2019 58759535074.9620 #NAME?
Year 2020 52055329516.9472 #NAME?
Year 2021 60002065791.2174 #NAME?
Cyclical Component
-18.5468%
#NAME? Import Trend
#NAME? 70000000000
#NAME?
60000000000
#NAME?
50000000000
#NAME?
40000000000
#NAME?
30000000000
#NAME?
#NAME? 20000000000

#NAME? 10000000000

#NAME? 0
#NAME? 65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10 13 16 19
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20 r 20
#NAME? a a a a a a a a a a a a a a a a a a a
Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
#NAME?
HP Trend Import
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? Cyclical Component
#NAME? 0.0000%
#NAME? -2.0000%
#NAME? -4.0000%
#NAME? -6.0000%
-8.0000%
#NAME?
-10.0000%
#NAME?
-12.0000%
#NAME? -14.0000%
#NAME? -16.0000%
#NAME? -18.0000%
#NAME? -20.0000%
#NAME? 65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10 13 16 19
r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 19 r 20 r 20 r 20 r 20 r 20 r 20 r 20
#NAME? a a a a a a a a a a a a a a a a a a a
Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye Ye
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
 0 3 6 9
01 01 01 01
r 2 ar 2 ar 2 ar 2
Ye Ye Ye

3 6 9
01 01 01
r 2 ar 2 ar 2
Y e Ye
Cyclical Component (GDP) Cyclical Component (C) Cyclical Component (I)
-2.2899% -0.0575823194091742
-0.5033% -0.0379726258455834
-3.0456% -0.0383650472041834
5.4776% -0.00302121973669138
6.2019% 0.0465630732929288
11.7034% 0.153345700406196
5.1978% 0.134045772782641
-9.9431% 0.0901693560999319
-7.7211% -0.0361581201658359
-0.1717% -0.0560048734875576
-5.9482% -0.0749299924110728
-2.8786% -0.055234477543437
-2.9931% -0.15949854036766
0.6605% -0.018503435731933
1.9515% 0.014606886216848
-0.8521% 0.0519509862933784
2.4264% 0.00722394650457273
0.7168% -0.0381276397477168
0.6976% -0.0310234309586841
1.5623% 0.015724475313279
1.0088% 0.003398168882597
1.2655% 0.00417412592253068
1.1187% 0.00240949367647218
-0.3824% 0.0110320430222293
-1.5212% -0.00969759346814643
-0.0935% 0.0349229042777853
-0.7807% 0.00220680636764706
0.3153% 0.0126689705970912
0.6435% 0.0185831359306702
0.1102% 0.0276444965768158
0.6891% 0.037913514963831
0.6247% 0.00922780890744027
0.4536% -0.00843392515777365
0.8587% -0.0214317832516305
0.6845% -0.0148291261261733
1.0016% -0.0015686423514759
0.9889% 0.000872399242505909
-0.3601% -0.0291247032733295
-0.9939% -0.033093680173589
-1.3252% -0.0217750644813832
-0.6118% -0.00509056007890937
0.0854% 0.0137228820229557
1.0281% 0.0361644377130332
0.8829% 0.0250766635550951
Cyclical Component (G)
0.0853275481644898 0.641616464646397
0.0829463903333392 0.446700053620866
0.171390786068976 0.231394087419347
0.513652086145495 0.0989039602760739
0.330845671483518 0.00974631614761289
0.168188917177777 -0.037141556485762
-0.177571706628087 -0.186359755415782
-0.669948891863679 -0.338071849464553
-0.427902021332375 -0.509672701931416
0.226885437671866 -0.370149804908459
-0.177059471884643 -0.456581593437204
-0.163815582762734 0.282000126318203
-0.0905093024879679 0.331045969217119
-0.00732224909612654 0.0908745712783234
-0.0316965811940268 0.10538117777726
0.00673959992304579 -0.00757712912179077
0.107469570285721 0.0896276947132304
0.0892602415037045 0.0334152602144462
0.0419664250578744 0.00971726293442237
0.0580013017269258 0.00490370846810011
0.0424879815267447 -0.015301232553461
0.0299553447440004 0.0278063110481308
0.0667836549871338 0.0165476550854366
0.0195205446435505 -0.00611811393113317
0.0073460067493425 -0.0299579961266588
-0.000298288287748483 -0.0566737207651802
-0.0390402718840188 -0.0693466198525088
-0.0655469105356722 -0.00449773110354265
-0.0323805244562917 0.0711404301658622
-0.0185177953063875 0.0654346536126523
-0.0034366993520309 0.0483677183287504
0.0319664234647171 -0.00132721038057389
0.0154433642351279 0.00314290678497842
0.0236674647780142 -0.0128074553322327
0.0267143548751629 -0.0347487189864976
0.0155333560740728 -0.0519225772417915
0.0116113026283409 -0.0545069066315338
0.00214303802416127 -0.0284046832284145
-0.00600133831535782 -0.0103545572567967
-0.0100796045795215 0.0183912520388203
-0.000970510882812948 0.0483882462594345
0.00856725707826348 0.0640299655712316
-0.00775854627395149 0.0300471985196731
8.53046910145926E-05 -0.00116478249961213
-0.2706% -0.00228766471530651 -0.014450257437777 -0.00426210651170776
-0.9991% -0.00707511856402657 -0.0180825189497416 -0.00126434475987375
-0.9646% 0.0057669848656464 -0.0123536585803912 -8.05045700621462E-05
-0.9314% -0.00421634197813861 0.00332663321469512 -0.0342954025217955
-1.3994% -0.00481641850300456 -0.0275398597851215 -0.0440413282495275
-1.8199% -0.0163383984757244 -0.0158386460838349 -0.0359136277735998
-1.7476% -0.0110514853669379 -0.0269614494151232 -0.0202549378327993
-1.0742% -0.0322452576553088 -0.0196056864761053 -0.00737909913672267
-0.7487% -0.0227461454708221 -0.0143929997949157 -0.00386832240914221
0.4433% 0.0167767205271992 0.0287861924384039 -0.0163565168445703
2.4146% 0.0151943132129631 0.0274643578376884 0.0488807924814686
0.3894% -0.00266148743880098 0.00184688549906329 0.00861942018831946
1.9849% 0.029431012766079 0.0195353231525007 0.0198517281738204

Dependent Variable Cyclical Component (GDP)

Cyclical Component (C)
es
bl

Cyclical Component (I)

ria
Va

Cyclical Component (G)

t
en

Cyclical Component (X)

pd
de

Cyclical Component (M)

In
Cyclical Component (X) Cyclical Component (M) SUMMARY OUTPUT
-0.020570759221986 -0.185468326847005
0.115599326060723 -0.126180661232902 Regression Statistics
-0.0191476745150292 0.0556209223464939 Multiple R
0.0157387793856191 0.0383137449991028 R Square
0.0563585792014642 0.180001802498278 Adjusted R Square
0.157690864446082 0.408714401547755 Standard Error
-0.171876487807459 0.200584925195337 Observations
-0.373036527855009 0.329017918056175
0.134938825084569 -0.2561860893196 ANOVA
-0.223067581986649 -0.468035565465233
-0.157079833137385 -0.456596884583948 Regression
0.0174655491092475 -0.146327822094301 Residual
0.240755645527528 -0.465658531202161 Total
0.123112502489413 -0.0543846864123128
0.295497378053392 0.153639407227906 Coefficients
0.308121314771703 0.672048583938448 Intercept
-0.100284657093179 -0.145642215230321 Cyclical Component (C)
-0.131402443561232 -0.00693240618953343 Cyclical Component (I)
-0.0432847782095222 -0.0030435485875797 Cyclical Component (G)
-0.0495918526061906 -0.0382037621810074 Cyclical Component (X)
0.0199686614957455 0.0474758130443522 Cyclical Component (M)
-0.00755726478707507 0.00471157371886187
-0.0167506160521889 0.0485905952607305
0.0438205786151708 0.0997588511194473
0.0752992451358493 0.221649355751366
0.181666616988477 0.276930508315854
0.0539216578401297 0.0265315147513995
0.165318736203476 -0.126263434962877
0.214009034451597 0.103490268605027
0.111389721899687 -0.0613779895405644
0.26548257397337 0.24509338790295
0.176159194437985 0.256077126211701
0.142074537813855 0.132516866236581
0.0768626349597369 0.024398914776263
-0.0839746797400882 -0.101853595932596
-0.134280606206934 -0.158818204411041
-0.180864762809576 -0.197890378030746
-0.325997709807484 -0.356026255094066
-0.451285261653787 -0.408554068672641
-0.148756402022023 -0.0682751164633912
0.0318683128383282 0.111345919239071
0.116294849906213 0.153058028719852
0.106467050189527 0.19319654543747
0.0565447875953831 0.0598382729874004
 -0.043973337966103 -0.0540051997266657
-0.116145627587322 -0.118755285539473
0.058959985363374 0.0616712888972368
0.116746315335554 0.103475153481345
0.0843786805070445 0.0584434730627971
0.0714871693647089 0.0211413173461463
0.00549365285240099 0.00967500449818743
-0.000908761699926894 -0.0984051186416859
-0.0415997322171649 -0.0870858340124699
-0.00243153104356867 0.0910208242387414
0.0938988532621559 0.0595991430267254
-0.110178192299975 -0.091333390836211
-0.0413923870261531 0.0147580236149437
sion Statistics
0.919632
0.845723
0.830598
0.012451
57

df SS MS F Significance F
5 0.0433420725518723 0.00866841451 55.914876873816 1.6379300124E-19
51 0.00790646720061226 0.00015502877
56 0.0512485397524846

Coefficients Standard Error t Stat P-value Lower 95%

-0.000361 0.00165600592027135 -0.2178670004 0.8284021119008 -0.0036853596516
0.602558 0.0635927598629005 9.47526167855 7.8408748548E-13 0.4748902479516
0.136844 0.0120720743785806 11.3356222518 1.5136830626E-15 0.1126087743548
0.017463 0.0114043536301809 1.53124717681 0.1318882713531 -0.0054323109593
0.045512 0.0141089734733023 3.22574046146 0.0021956433659 0.0171869404417
-0.070278 0.0151162984419649 -4.6491304063 2.390661207E-05 -0.1006248781373
 Upper 95% Lower 95.0% Upper 95.0%
0.00296378156658 -0.0036853596516 0.00296378157
0.73022583317226 0.4748902479516 0.73022583317
0.16108017554781 0.1126087743548 0.16108017555
0.04035807955846 -0.0054323109593 0.04035807956
0.07383683276336 0.0171869404417 0.07383683276
-0.03993040729858 -0.1006248781373 -0.0399304073