Finally, it is common to hear aboutGDP per capita. This indicator is obtained by dividing the GDP of a given country (usually nominal GDP, i.e. with current prices rather than constant prices) by the number of inhabitants of that country. This gives us a figure that reflects the level ...
"When we say slower growth, we don't mean like a collapse. We just mean something heading towards a 6% - 6.4% is our current forecast [but] it could well be a 6%," Natixis' chief Asia-Pacific economist told CNBC's Squawk Box Asia last week, hours before the GDP numb...
which is about 2 trillion U.S. dollars. It is a remarkable achievement if you consider the fact that only about 10 countries in the world have an GDP higher than that.
The current U.S. GDP growth rate is 2.9%. That means the U.S. economy expanded by 2.9% in the fourth quarter of 2022 compared with the third quarter of 2022, according to the Bureau of Economic Analysis (BEA).1 The increase was the second in a row, as the economy had seen two ...
It’s the largest political gathering of the year, where the Report on the Work of the Guangdong Government of each year is released. The biggest highlight of the report - Guangdong's economic performance in 2023 and plans for 2024. Last year, Guangdong’s GDP hit 13.57 trillion yuan, ...
It’s the largest political gathering of the year, where the Report on the Work of the Guangdong Government of each year is released. The biggest highlight of the report - Guangdong's economic performance in 2023 and plans for 2024. Last year, Guangdong’s GDP hit 13.57 trillion yuan, ...
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The role of intellectual property courts and specialized judicial systems is closely linked to the specific regional context. Our study focuses on Beijing, Shanghai, and Guangzhou, which are among China’s most economically developed first-tier cities and are embedded within the country’s largest ...
which indicates that there is not enough room for cost-driven inflation to fall back. According to our benchmark hypothesis, the average of US PCE and core PCE in 2024 is about 0.2% month-on-month, slightly higher than the level of the second half of 2023 (0.15-0.17%), and then the...
GDP is themost basic indicatorto measure the overall health and size of a country's economy. This metric counts the overall market value of the goods and services produced domestically by a country. GDP is an important figure because it gives an idea of whether the economy is growing or con...