GDP

Global travel and tourism sector to grow by about $15 trillion over next decade: WTTC

The President of WTTC praised the UAE for their efforts in utilising travel and tourism to promote sustainable development

China reclaims top spot with $196.5 billion in international tourism spending in 2023: Report

This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic

Russia raises 2024 budget deficit estimate to $23.76 billion at 1.1 percent of GDP

Russia reduced forecasts for additional oil and gas revenues by 767 billion roubles to 1.05 trillion roubles

U.S. economic growth in Q1 revised down to 1.3 percent, but consumer spending stays strong

Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace

Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report

China accounted for three-quarters of the total investments in this field, according to the report

Brazil hikes 2024 GDP projection to 2.5 percent, sees inflation reaching 3.2 percent in 2025

The projected inflation rate for 2024 has been revised upwards to 3.70 percent

IMF maintains Nigeria growth forecast at 3.3 percent in 2024, inflation to decline to 24 percent

Potential shocks to agriculture, global food prices and oil production remain a risk to Nigeria's growth

U.K.’s GDP growth to remain sluggish at 0.4 percent in 2024: OECD

Unemployment to steadily increase to 4.7 percent by 2025 as U.K. labor market cools

Eurozone economy expands 0.3 percent in Q1 2024, inflation to remain stable at 2.4 percent

Economic expansion in Germany, Spain and Ireland propelled eurozone's economic growth

U.S. economy grows 1.6 percent in Q1, slowest in nearly two years

Decline in government spending contributes to moderation in U.S. economic activity

South Korea’s GDP grows 1.3 percent in Q1 2024 driven by export recovery

The country achieved its most rapid economic growth in more than two years

U.S. economy likely to grow 2.4 percent in Q1 as delayed rate cuts signal inflation surge

U.S. labor market supports growth with job gains averaging 276,000 per month in Q1 of 2024

Gold prices recover as markets await key U.S. economic data

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

Greece’s economy expected to grow by 2.1 percent in 2024, new report reveals

Tourism boosts country’s economy, but lower exports and consumption weigh on growth

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

Oil prices rebound by 27 cents, Brent crude reaches $87.27 per barrel

Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East

Africa’s $824 billion debt burden, loans undermine its economic potential: ADB president

Eurobond debt now accounts for 44 percent of Africa's total debt

China’s fiscal stimulus shifts focus amid effectiveness concerns: S&P report

Fiscal stimulus in China aims to buy time for the implementation of longer-term policies

Egypt’s GDP expected to reach 4 percent in FY 2024/2025: Ministry of Finance report

The report predicts an 18.1 percent average annual headline inflation rate

IMF raises global growth forecast to 3.2 percent, lifts outlook for UAE, Saudi Arabia

The 2024 figure represents a 0.1 percentage point increase from the previous World Economic Outlook report in January

China’s economy grows 5.3 percent in first quarter of 2024

High-tech manufacturing propels growth despite property market concers

Inflation in France slows to lowest point since 2021, records 3.2 percent in March

Driven by lower growth in the prices of food, services, tobacco, energy, and manufactured products

IMF’s executive director Dr. Mahmoud Mohieldin on fund’s pivotal role in shaping the future of the global economy

How International Financial Institutions (IFIs) can help countries navigate economic challenges