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The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. [2]
The two maps and the table below them are for the years 1990–2007, and are based on the data obtained from the United Nations. Statistics Division. 1990 was chosen as a starting year as several new states appeared at that time. GDP growth (annualized) GDP per capita growth (annualized)
[12] [18] In 2017, the African Development Bank reported Africa to be the world's second-fastest growing economy, and estimates that average growth will rebound to 3.4% in 2017, while growth increased to 4.2% in 2018. [19]
The U.S. economy boomed in the enthusiasm for high-technology industries in the 1990s until the Nasdaq crashed as the dot-com bubble burst and the early 2000s recession marked the end of the sustained economic growth. In 2000, Republican George W. Bush was elected president in one of the closest elections in U.S. history.
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).
Forget the gloom of the 1970s—UBS thinks the U.S. economy is headed back to a Clinton-like era of the bustling 1990s Eleanor Pringle November 14, 2023 at 7:30 AM
July 1990 marked the end of what was at the time the longest peacetime economic expansion in U.S. history. [2] [5] Prior to the onset of the early 1990s recession, the nation enjoyed robust job growth and a declining unemployment rate. The Labor Department estimates that as a result of the recession, the economy shed 1.623 million jobs or 1.3% ...