Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...

Investing.com - The US dollar slipped slightly lower Thursday, handing back some of the previous session’s gains after a slightly hawkish US Federal Reserve meeting, with the European Central ...

Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...

IMF's UAE GDP growth forecast in 2025 is in line with the World Bank's projection of 4 per cent. Stay up to date with the latest news. Follow KT on WhatsApp Channels. “Non-oil activity is ...

LAGOS, Jan 23 (Reuters) - Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ongoing reforms and stabilising inflation ...

The most recent peak was in the June 2022 quarter when the annual inflation rate reached 7.3 percent,” prices and deflators spokesperson Nicola Growden says. The largest contributor to the annual ...

The National Bureau of Statistics said some sectors of Nigeria's economy have experienced significant growth since the last GDP rebasing in 2014 and now require proper representation. The marine ...

China’s economy grew 5% in 2024, driven by stimulus measures, strong exports, and high-tech investment, despite challenges like weak domestic demand and demographic pressures. Structural reforms and ...

The IMF did not specifically explain factors leading to its downward revision in GDP growth rate while keeping the global growth rate unchanged at 3.3pc for both current and next years.

confidence was effectively bolstered and the economy recovered remarkably,” the NBS said in its 2024 GDP data release on Friday. The annual figure, which slightly exceeded economists ...

Owing to the slowdown, RBI sharply cut the GDP growth projection to 6.6 per cent from the earlier level of 7.2 per cent. Q3FY25 GDP growth forecast was reduced to 6.8% from 7.4%, Q4 growth target was ...