GDP
- India
World Bank cuts India’s GDP growth to 6.3% for 2023-24
New Delhi: India’s GDP is expected to slide down to 6.3 per cent in 2023-24 as against its earlier estimate of 6.6 per cent, mainly due to consumption falling owing to higher…
- World
Canada’s GDP increases in January
Ottawa: Canada’s real gross domestic product (GDP) by industry increased 0.3 per cent in January, the national statistical agency said. Statistics Canada said on Tuesday that increases in the mining, quarrying, and…
- World
Finland sinks into recession
Helsinki: Despite Finland’s gross domestic product (GDP) increasing by 2 per cent year-on-year in 2022, the country’s statistical department said that the Nordic nation has entered a recession, as GDP change was…
- Middle East
Turkey records 5.6 pc GDP growth in 2022
Ankara: Turkey’s economy grew by 5.6 per cent in 2022, with domestic consumption propping up the better-than-expected performance, according to official statistics released on Tuesday. The country’s economy expanded by 3.5 per…
- World
Canada’s real GDP grew 3.8% in 2022
Ottawa: Canada’s real gross domestic product (GDP) grew 3.8 percent in 2022, the national statistical agency announced. Statistics Canada on Tuesday said that it indicated a 0.4 percent increase in real industry…
- Business
US economy expands 2.9 percent in December quarter
Washington: Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2022. In the third quarter, real GDP increased by 3.2 percent, according to…
- Middle East
Israel’s debt-to-GDP ratio sees sharpest decline in 35 yrs
Jerusalem: Israel’s public debt-to-GDP ratio dropped to 60.9 percent in 2022 from 68 percent in 2021, the Israeli Finance Ministry said. The year-on-year decrease of 7.1 percentage points is the sharpest since…
- World
Ukraine’s 2022 defence expenditure accounted for 32.5% of GDP
Kiev: Ukraine’s defence spending in 2022 accounted for 32.5 per cent of the country’s gross domestic product amid the ongoing war with Russia, a top official said here. Oleksiy Danilov, secretary of…
- India
Explain why over 600 giving up Indian citizenship daily, Congress asks govt
New Delhi: The Congress on Tuesday alleged that average number of Indians giving up their citizenship per day has grown 1.7 times in the last 8 years, while in the previous year,…
- World
Sri Lanka’s GDP contracts 11.8% in Q3
Colombo: Amid the ongoing economic crisis, Sri Lanka’s Department of Census and Statistics said that the island nation’s estimated gross domestic product (GDP) contracted by 11.8 per cent year-on-year in the third…
- Middle East
Saudi Arabia’s economy grows by 8.8% in third quarter of 2022
Riyadh: The Saudi gross domestic product (GDP) grew by 8.8 per cent in the third quarter (Q3) of 2022 compared to the same period in the 2021. This is mainly due to…