GDP Gross Domestic Product represents the total value of the country's production during the period and consists of the purchases of domestically-produced goods and services by individuals, businesses,

The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods in anticipation of broad tariffs from President Donald Trump's new administration.

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the prior year, showed preliminary government data released on Thursday.

GDP was 0.1% less in the fourth quarter of 2024 than the third, as political deadlock took its toll on business and consumer confidence and the glow from the summer Olympics faded.

President Ferdinand Marcos Jr.’s administration had aimed for a GDP growth target of 6% to 6.5% in 2024. However, for the second consecutive year, the Philippines fell short after also missing its target in 2023.

Surprisingly few things are named after Warren Buffett. The Buffett Cancer Center at the University of Nebraska isn't named after Warren Buffett but instead his late cousin, Fred, and his wife, Pamela.

The U.S. economy slowed but continued to grow at a healthy rate in the fourth quarter, if forecasters are correct.

MEXICO CITY (Reuters) - Mexico's economy likely contracted from October to December, marking the first quarterly decrease in more than three years, a Reuters poll showed on Wednesday.

The Philippines’ gross domestic product (GDP) grew 5.6 percent in 2024 despite a sluggish fourth-quarter expansion of 5.2 percent, data from the

Some statistics illustrate why Americans still feel crunched even though traditional metrics make economic conditions seem strong.

Sweden's gross domestic product grew 0.2% in the fourth quarter from the previous three-month period, a flash estimate from the statistics office showed on Wednesday.

By Ebenezer Chike Adjei NJOKU The Institute of Economic Affairs (IEA) is advocating for a substantial increase in the resources allocated to capital expenditure (CAPEX) to at least 10 percent of gross domestic product (GPD) over the medium term.