Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...

Led by the National Bureau of Statistics (NBS), this initiative aims to update the base year used for calculating GDP, ensuring it reflects the current structure, price levels, and consumption ...

The National Bureau of Statistics (NBS) announced plans to include illicit activities like pr0stitution and drug sales in Nigeria's GDP calculation Political analyst Hamma Hayatu condemned the move as ...

China’s economy grew 5% in 2024, driven by stimulus measures, strong exports, and high-tech investment, despite challenges like weak domestic demand and demographic pressures. Structural reforms and ...

According to data released by the National Bureau of Statistics on the same day, China's gross domestic product (GDP) in 2024 will reach 134.9 trillion yuan, an increase of 5.0% over the previous ...

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Analysts polled by Reuters had expected China's full-year GDP growth to come in at 4.9%, just shy of the official target of around 5% — which analysts had said was ambitious. Helen Qiao ...

confidence was effectively bolstered and the economy recovered remarkably,” the NBS said in its 2024 GDP data release on Friday. The annual figure, which slightly exceeded economists ...

They were unchanged in October. Retail inventories excluding autos, which go into the calculation of GDP, increased 0.5%, instead of the previously reported 0.6%. They advanced 0.3% in October.

China's Q4 GDP growth seen at 5.0%, vs 4.6% in Q3 2024 growth estimated at 4.9%, largely meeting official target GDP, Dec activity data due 0200 GMT on Friday 2025 outlook clouded by trade ...

This formula focuses exclusively on income generated from a company’s core operational activities while excluding expenses that are not integral to daily operations. Let’s break down the ...