The Latest Breaking News from GDP

Gita Gopinath says global economy’s fragmentation into power blocs risks wipeout of trillions of dollars in GDP

The Congress said that PM Modi and Finance Minister Nirmala Sitharaman are “repeatedly talking up” transformative GDP growth based on the recent July-September numbers but what matters more is annual growth rates over a longer period

The east Africa region has the fastest growing population in Africa. Between 2013 and 2017, its growth rate was twice the African average. The region is also experiencing strong economic growth. It’s sub-Saharan share of GDP has risen from 14% in 2000 to 21% in 2022.

We have now had three consecutive quarters of falling GDP on a per capita basis. That last happened 40 years ago during the 1982-83 recession

The ASX200 made its biggest daily gain in more than a year as lower-than-expected GDP growth signals the RBA's rate rises are having their intended effect.

Economy grows more slowly than expected, with consumer spending flat under the pressure of high interest rates

India reduced its GDP emission intensity by 33% between 2005-2019, achieving the target 11 years in advance. The energy sector accounted for the max. share of emissions (75.81%), followed by agriculture (13.44%), industrial process & product use (8.41%), and waste (2.34%). India created an additional carbon sink of 1.97 billion…

The climate and cost of living crises make belief in expanding GDPs look as stale as last year’s mince pies. But when central governments rely on consumerism to shore up spending, it will be hard for ‘degrowth’ to gain any traction

The challenge for policymakers will be to help broaden the growth base