Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

GDP per capita is widely used as a proxy for gauging a country’s average living standards. In broad terms, a higher GDP per ...

Portugal said it aims to reach a target for investment in defense to represent 2% of gross domestic product in 2025, ...

By Iulian Ernst in Bucharest Romania’s nominal GDP has reached €354bn in 2024 and €358bn in the four quarters to March 2025, ...

Less than two weeks before a NATO summit, Sweden and the Netherlands said Friday that they intend to increase defense ...

Sweden will reach a new NATO spending target of 5% of the country's GDP, Swedish Prime Minister Ulf Kristersson said on ...

Goldman’s broader dollar view aligns with the consensus, expecting a weaker dollar, but it anticipates the rupee will lag ...

The balance on Kenya’s current account is usually negative, mirroring the country’s position as a net importer of goods and ...

The Dutch caretaker government is in favour of increasing the country's defence spending to a total of 5% of gross domestic ...

US President Donald Trump’s push for Indo-Pacific allies to ramp up military spending to counter growing threats from the ...

By Dipo Aliu Gross Domestic Product (GDP) is one of the most critical economic indicators that reflect a country’s economic ...

Russia raised the 2025 budget deficit estimate to 1.7% of gross domestic product in April from 0.5% after reducing the energy ...