The Latest Breaking News from GDP

China’s economy slows sharply with GDP growth among worst on record

The economy grew 3% in 2022, exceeding some forecasts, but still well below China’s official target for the year

The Guardian - AU · Jan 17, 2023

States' fiscal health show improvement: RBI report

MUMBAI: States' gross fiscal deficit (GFD) is budgeted to decline from 4.1 per cent of gross domestic product (GDP) in Covid-hit 2020-21 to 3.4 per cent of GDP in 2022-23 showing improvement in their fiscal health, said a Reserve Bank report on Monday.

The Times of India · Jan 16, 2023

The Hidden History of the World’s Top Offshore Cryptocurrency Tax Haven

The Bahamas represents how global capitalism can go very right, and very wrong, at exactly the same time.

Foreign Policy · Jan 15, 2023

Signs of economic slowdown alarming

The Thai government, businesses, and citizens are cherishing the news of returning Chinese tourists with the first group of 286 passengers who arrived on Monday. The Tourism Authority of Thailand estimates that 5 million Chinese tourists will visit our country this year, bringing with them 250 billion baht in spending…

Bangkok Post · Jan 11, 2023

Can China save its economic miracle now?

China's recent decision to abandon its strict zero-Covid policy has led many to believe that its economy will bounce back. The Economist Intelligence Unit, for example, has revised its forecast for Chinese GDP growth in 2023 upward, to 5.2%. But growth recovery is not automatic, and China must contend with…

Bangkok Post · Jan 11, 2023

World Bank cuts Pakistan’s GDP growth projection to 2 percent

Predicting a difficult year ahead, bank revises nation’s growth from 4 percent last year to 2 percent in current fiscal.

Al Jazeera · Jan 11, 2023

How closing the digital divide can improve the global economic outlook for 2023 and beyond

As much as 60% of the global GDP relies on digital communications–and yet a third of the global population remains disconnected from the internet.

Fortune · Jan 10, 2023

Economists see a silver lining to China’s COVID chaos: better-than-expected 2023 economic growth

Banks are raising their forecasts for China's 2023 GDP growth, even as the country endures a massive COVID wave.

Fortune · Jan 10, 2023

GDP growth in 2022-23 seen at 7%: NSO’s advance estimates

NEW DELHI: India’s gross domestic product (GDP) growth is estimated at 7% for 2022-23 on the back of a rebound in services and farm sectors but may face strong headwinds in the months ahead due to the geopolitical situation and possible recession in several countries across the globe.

The Times of India · Jan 6, 2023

Czech government OKs bill for 2% GDP spending on military

The Czech government has approved a bill aimed at bringing defense spending at the required NATO goal of 2% of gross domestic product as Russia's war in Ukraine continues

The Independent UK · Jan 4, 2023