According to the OECD economic outlook, annual GDP growth in the United States is projected to slow down to 2.6 percent in 2024 and further down to 1.6 percent in 2025, but be cushioned by monetary policy easing. For...
PARIS, Sept. 25 (Xinhua) -- Global gross domestic product (GDP) growth is projected to stabilize at 3.2 percent in both 2024 and 2025, while inflation should continue to ease, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday in its latest economic outlook. Ac...
For Euro area, the OECD said that GDP growth is projected to be 0.7 percent in 2024 and speed up to 1.3 percent in 2025, with activity supported by a recovery in real incomes and an improvement in credit availability. Headline inflation has continued to fall this year in most countries, p...
Emerging Asia continues to be the biggest contributor to global growth while the U.S. economy is forecast to expand 2.8 percent in 2025, before slowing to 2.4 percent in 2026. In contrast, the euro area is expected to grow more modestly, with GDP increases of 1.3 percent in 2025 and 1.5...
Share of services sector in GDP in North America Leading country by R&D expenditure as share of gross domestic product (GDP) Ratio of pension assets to GDP in the Netherlands Forecasts Forecasted GDP growth rate of Germany in 2024 Projected growth of GDP in the advanced economies in 202...
According to the IMF's latest forecasts, China's economy is projected to grow 4.6 percent this year, compared with 5.2 percent in 2023. The world economy is expected to grow 3.1 percent in 2024, unchanged from last year. In 2023, US' nominal GDP growth outpaced China, sparking discussions...
The IMF chief economist also reiterated the cost of geo-economic fragmentation, noting that IMF research shows costs could range from 3 to 7 percent of world GDP, with emerging and developing countries to be the most adversely affected by trade distorting measures. ...
Economic growth is a marathon, not a sprint and while some nations have squandered their wealth others developed plans for steady progress.
According to the IMF's latest forecasts, China's economy is projected to grow 4.6 percent this year, compared with 5.2 percent in 2023. The world economy is expected to grow 3.1 percent in 2024, unchanged from last year. In 2023, US' nominal GDP growth outpaced China, sparking discussions...
* China's GDP grew 5 percent year on year in 2024, meeting the government's full-year target. * Boosted by pro-growth measures, China's GDP growth quickened to 5.4 percent in Q4. * Official said China's current potential economic growth rate remains at a medium to high level. ...