The Latest Breaking News from GDP

The country’s property tax burden was 3.7% as a proportion of gross domestic product (GDP) in the 2023/24 tax year.

Both Labor and the Coalition are considering an increase to defence spending ahead of the federal election.

The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday.

Taiwanese President William Lai Ching-te said Thursday that the island’s defense budget will exceed 3% of its economic output as it overhauls its military in the face of the rising threat from China

Brian Moynihan said consumers, once again, are the backbone quietly propping up the American economy.

Surge in national debt and NHS backlog altered the economy and expectations around crisis management

Prime Minister Keir Starmer says cuts will save UK billions per year, but advocacy groups slam move as ‘immoral’.

How much would it really cost the European Union to defend itself against aggression? In the immediate term, that question, of course makes us think of Russia, but we can no longer exclude multiple other possibilities, including the potential need to defend territory – say, Greenland – from a former…

"By the time you get to 2030, you're talking about a birth rate that is wildly different to what was in the assumptions made at the beginning of the decade."