Gross domestic product, or GDP, represents the total value of all goods and services produced within a country during one year. Depending on the report, one year can be either one fiscal year or one ...
Economists say the U.S. would be better off if the country's GDP rose at a 3% rate or more each year, rather than the 2% rate it has been growing at for a while. WSJ explains what GDP is, and why ...
While negative net exports are a drag, India's growth remains resilient, anchored by domestic demand, with Gross Fixed Capital Formation (GFCF) being the primary growth driver (35% contribution).
The UK economy grew a “flat” 0.1 per cent between October and December last year, according to official figures. Analysts predictions varied, with some expecting a 0.2 per cent rise in GDP, and others ...
India’s GDP has grown at a robust 8.2% in the second quarter. Why has the real GDP growth been more than expected and what’s ...
In 2024, the GCC's economy grew steadily, with real GDP rising 3.3% in Q4 and 2.4% over the year, driven by non-oil sectors like manufacturing and trade. Nominal GDP rose 1.5%, reflecting lower oil ...
Nigeria’s latest Gross Domestic Product rebasing, announced by the National Bureau of Statistics in July, has recalibrated the country’s economic size to reflect more recent economic realities. With ...
The International Monetary Fund has just warned of slowing global economic growth in its latest analysis. Similar to this finding, a newly issued report reveals the world’s wealthiest countries by ...
New Delhi: A group of economists and statisticians recently came together to highlight the inconsistencies in the economic data reported for different sectors and raised serious questions about the ...
The PPP metric compares goods prices across countries to show the exchange rate at which currencies buy the same basket of goods.(Currency) Global professional services firm, Ernst & Young (EY), ...