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

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

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

Extreme weather due to climate change may cost Italy more than 5% of GDP in 2050, the country's budget watchdog said on ...

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

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

HSBC Global Private Banking highlights robust domestic consumption, favorable trade dynamics, and strategic investment ...

The upbeat data has reinforced confidence in the UAE’s long-term economic trajectory, driven by structural reforms, increased ...

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

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

The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...

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