As uncertainty rules high for companies, investors and governments, how matters move in terms of diversification, defence, ...

As the full-scale war in Ukraine rages on for its fourth year, and Moscow’s defense and security spending continues at levels ...

Even Simon Kuznets, an influential economist who played a large role in developing the formula behind GDP, cautioned against equating the index with societal well-being. GDP could increase even in ...

For more than you'll probably ever want to know about GDP and the seven NIPA (national income and product accounts ... so we annualize it using the following formula: g₍annual₎ = (1 ...

In 2023, GDP reached an all-time high of 10.32 quadrillion VND (approx. $400 billion USD), marking a nearly 246-fold increase over 33 years. Similarly, Vietnam’s gross national income (GNI) in 1990 ...

This can inflate the national output without truly reflecting domestic income or benefit. 3. Ignores Environmental and Social Costs GDP measures material output, but not the quality of life or ...

While this is high in per-capita terms, it fell as a proportion of GDP (gross domestic product), the traditional measure of national income. The CSO said gross general government debt fell by €2 ...

It would exceed the 5.7% gross domestic product (GDP) posted in 2024, and the 5.5% in 2023. The World Bank classifies countries by their gross national income (GNI). The four categories are low income ...

Growth in the national debt will be driven by budget deficits widening from about 6.2% of GDP in 2025 to 7.3% in ... and the economy including slower income growth, higher interest rates and ...

Collection from personal income tax (PIT) as a share of GDP (Gross Domestic Product) surged 140 basis points in Fiscal Year 2023-24 against 2.1 per cent in Fiscal Year 2014-15, Finance Ministry ...