The Latest Breaking News from GDP

Vladimir Putin claims the Russian economy has withstood Western sanctions, as he prepares to mark one year since the invasion of Ukraine. While Russia's GDP has contracted less than many analysts expected, Beata Javorcik of the EBRD explains that's largely the result of years of "sanctions-proofing", and doesn't mean that…

RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.

NATO Secretary-General Jens Stoltenberg is urging the 30 member countries to commit to spending at least 2% of their gross domestic product on their defense budgets by a set date

Germany's defence minister said he was in favour of raising NATO's military spending target, as allies gathered in Brussels on Wednesday for talks on whether defence expenditures of 2% of GDP are sufficient with a war raging in Ukraine.

The Bank of Thailand says it wants to see household debt levels below 80% of gross domestic product to help reduce economic and financial risks.

Tokyo (AFP) - Japan's economy expanded just 0.2 percent in the last quarter of 2022, a smaller rebound than expected despite the long-awaited reopening of the country to tourists, government data showed Tuesday.

Investment in the country since the referendum has ‘stopped in its tracks’, according to a study led by Jonathan Haskel

Singapore (AFP) - Singapore said Monday it will stick to its economic growth forecast for 2023 despite the slowdown last year, encouraged by China's rapid reopening after years of crushing zero-Covid policies.

Thailand's retail industry is expected to grow by 6-8% this year, double the rate of the GDP, helped by the recovery of tourism, according to the Thai Retailers Association (TRA).