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se contrajo en términos de PIB

English translation: GDP contracted by 6.4%

17:52 Aug 1, 2021
Spanish to English translations [PRO]
Economics / Management Report
Spanish term or phrase: se contrajo en términos de PIB
Esta expresión aparece en el apartado relativo a datos relevantes del negocio que se incluye en el informe de gestión consolidado de una empresa:

El año 2020 se ha caracterizado por la situación pandémica ocasionada por el Covid-19 que ha conllevado una contracción generalizada de la economía mundial, no siendo ajena a ella ninguno de los principales mercados en los que opera el Grupo. De esta forma, la economía de la Unión Europea ***se contrajo en 2020 en términos de PIB un -6,4% ***y en América Latina este descenso alcanzó un -8,1%

¿Cómo se podría traducir?

Gracias!
Sonia Maria
Spain
English translation:GDP contracted by 6.4%
Explanation:
Due to the pandemic, world economies shrank and contracted by 6.4% in terms of Gross Domestic Product (Producto Interior Bruto)
https://datosmacro.expansion.com/diccionario/pib#:~:text=PIB...

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Note added at 31 mins (2021-08-01 18:23:49 GMT)
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ttps://en.wikipedia.org/wiki/Gross_domestic_product#:~:text=Gross%20domestic%20product%20%28%20GDP%29%20is%20a%20monetary,and%20services%20produced%20in%20a%20specific%20time%20period.
Selected response from:

Andrew Bramhall
United Kingdom
Local time: 17:55
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +4GDP contracted by 6.4%
Andrew Bramhall
3the GDP diminished
Lisa Rosengard
3shrank by -6.4% in terms of GDP
O G V


  

Answers


29 mins   confidence: Answerer confidence 5/5 peer agreement (net): +4
GDP contracted by 6.4%


Explanation:
Due to the pandemic, world economies shrank and contracted by 6.4% in terms of Gross Domestic Product (Producto Interior Bruto)
https://datosmacro.expansion.com/diccionario/pib#:~:text=PIB...

--------------------------------------------------
Note added at 31 mins (2021-08-01 18:23:49 GMT)
--------------------------------------------------

ttps://en.wikipedia.org/wiki/Gross_domestic_product#:~:text=Gross%20domestic%20product%20%28%20GDP%29%20is%20a%20monetary,and%20services%20produced%20in%20a%20specific%20time%20period.

Andrew Bramhall
United Kingdom
Local time: 17:55
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Muriel Vasconcellos
0 min
  -> muito obrigado!
agree  Althea Draper
7 mins
  -> Thank you!
agree  philgoddard
2 hrs
  -> Thank you!
agree  David Hollywood: spot on Oliver
8 hrs
  -> Thank you!
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6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
the GDP diminished


Explanation:
The GDP (gross domestic product) of the European Monetary Union's economy decreased by - 6.4% in 2020. The decrease reached a level of - 8.1% in Latin America.

SP: El PIB producto interno bruto (el gran producto doméstico) de la Unión Europea Monetaria se redujo por un - 6.4% en 2020. La rebaja (la reducción) llegó a un nivel de - 8.1 % de decremento en América Latina.

Lisa Rosengard
United Kingdom
Local time: 17:55
Native speaker of: English

Peer comments on this answer (and responses from the answerer)
neutral  Andrew Bramhall: 'decreased' yes, ' diminished' doesn't sound right here;
5 hrs
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2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
shrank by -6.4% in terms of GDP


Explanation:
the European Union economy shrank by -6.4% in terms of GDP in 2020 and in Latin America this decline reached -8.1


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Note added at 2 hrs (2021-08-01 20:14:43 GMT)
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Shrank in terms of


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Note added at 8 hrs (2021-08-02 02:21:41 GMT)
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Now I see Oliver's answer already included shrank


O G V
Spain
Works in field
Native speaker of: Native in SpanishSpanish
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