The Latest Breaking News from GDP

President Vladimir Putin said on Tuesday that the Russian economy was likely to have shrunk by 2.5% in 2022, but that it was performing better than most experts had predicted. Putin, who was speaking at a meeting with top officials including the finance minister and central bank chief, said real…

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

A surprise rise in GDP for November today boosted hopes that the UK can still avoid a slide into recession.

Latest GDP figure beats expectations in surprise boost to the economy

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…

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…

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

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.

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