The country's annual GDP came in at 134.9 trillion yuan ($18.4 trillion) in 2024, data from the National Bureau of Statistics showed on Friday. In the fourth quarter of last year, the Chinese economy grew 5.4 percent year-on-year, following 4.6 percent growth in the third quarter. "China...
The latest growth figure is significantly lower than the previous two years. In 2021, Israel's annual gross domestic product (GDP) reached 8.6 percent, the highest in 21 years, and in 2022, the country's economic growth stood at 6.5 percent. Analysts attributed the sharp drop in growth to ...
Over the last 20 years, real GDP growth has averaged 1.4 percent in the first quarter, and 2.6 percent in the subsequent three quarters of the year. In four of the last seven years, the Q1 real GDP growth reading has been the worst of the year. The pattern of first-quarter...
India Ratings and Research (Ind-Ra) has revised its FY21 gross domestic product (GDP) growth further down to 1.9% from its forecast of 3.6% published on 30 March 2020. This will be the lowest GDP growth in the last 29 years (FY92: GDP grew 1.1%) and is based on the assumption tha...
LISBON, Sept. 23 (Xinhua) -- The newly released national accounts issued on Monday by the Portuguese National Statistics Institute (INE) revised up the GDP growth rates of the last three years from 1.9 to 2 percent for 2016, from 2.8 to 3.5 percent for 2017 and from 2.1 to 2.4 percent...
He said the final growth rate of the country will be around 5 percent for 2024, indicating better economic performance this year compared to last year, given the low base rate in 2022. "Such a growth rate would be in line with the laws governing economic development," Tian added. "For ...
He said the final growth rate of the country will be around 5 percent for 2024, indicating better economic performance this year compared to last year, given the low base rate in 2022. "Such a growth rate would be in line with the laws governing economic development," Tian added. "For ...
China's economic growth target this year of around 5 percent is achievable via enhanced efforts, and it was set after comprehensive consideration of how to balance current and long-term needs, said the country's top economic regulator at a news conference ...
aLast year was the best year for global GDP growth in decades. Most parts of the world recorded improved growth performance.// The prospects for this year remain favorable, although growth is likely to be at a slower, more sustainable pace: it is projected to fall from about 5% to under...
PresidentDonald Trumphad an average annual GDP growth rate of 2.3%. While there were no major wars or recessions during Trump’s presidency, he did face the COVID-19 pandemic in 2020, his last year in office. Trump increased spending and cut taxes, while the Fed raised interest rates in ...