The Latest Breaking News from GDP

The Office for National Statistics said gross domestic product, or the output for the economy, increased by 0.4 per cent in May

Better-than-expected GDP figures today gave an early boost to new Chancellor Rachel Reeves.

Environment secretary Steve Reed says Labour must ‘stabilise the economy after 14 years of Conservative chaos’

Britain’s GDP grew by 0.4 per cent in May, after no growth was recorded in April due to low consumer spending

What we need to reduce is the ‘throughput’ of the residual industrial economy

A report by the Dallas Fed explained that recent immigration has added nearly two million newly-employed workers, contributing to higher GDP growth

The economic growth paths of Asian and African countries have often been compared. China, with gross domestic product per capita of US$251 in 1987, was poorer than most African countries at the time. Uganda’s GDP per capita was US$392, Zambia’s US$319 and Ghana’s US$354. Yet today China has GDP per…

A day after the deadliest strikes by Vladimir Putin’s forces in Ukraine for months, the Labour leader is facing calls to hike spending on defence towards 3 per cent of GDP to keep Britain safe

Nato leaders will have much to celebrate when they gather in Washington for the alliance’s 75th anniversary this week. Sweden will be welcomed to its first summit as a Nato ally. The leaders will also note progress on defence budgets – in 2024, 23 of the 32 allies will meet…

South Africa’s primary agriculture sector accounts for nearly 3% of GDP and about 8% when considering the value of agro-processing. But it can contribute even more to economic growth that delivers benefits fairly across society and creates jobs.

Economic growth under Conservative government is lowest since 1826, experts say.