Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...

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The National Bureau of Statistics said some sectors of Nigeria's economy have experienced significant growth since the last GDP rebasing in 2014 and now require proper representation. The marine ...

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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The median forecast of a Bloomberg poll of 15 analysts estimated the GDP deflator, a broad metric of price changes in an economy, would hit 0.2 percent this year. The GDP deflator, which measures ...

China's GDP grew 5 percent year-on-year to 134.9 trillion yuan ($18.41 trillion) in 2024, breaking the 130-trillion-yuan mark for the first time, according to data released by the National Bureau ...

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 ...

China’s population fell last year for the third straight year, its government said Friday, pointing to further demographic challenges for the world’s second most populous nation, which is now ...

China’s GDP grew by 5.0 percent in in 2024, meeting the government’s annual economic target set at the beginning of the year. Fourth-quarter GDP exceeded expectations, rising by 5.4 percent, driven by ...

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 ...