The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has warned that Nigeria is facing a deeper ...

Each state's GDP compares to that of another country in the world.

The World Bank has raised a fresh concern over the rising poverty in Nigeria, saying that a staggering 75.5 per cent of rural dwellers live below the poverty line.

The GDP growth rate has many limitations as an economic indicator. It captures only a very narrow slice of economic activity: ...

While both countries compete for influence, it’s India’s steady economic rise that is making the biggest impact on the world stage. GDP per capita Based on IMF data on GDP per capita (current ...

The bank’s survey, titled Accelerating Growth through Entrepreneurship, Technology Adoption, and Innovation, identifies ...

From one of the world’s poorest countries, Vietnam has transformed into a rising economy with GDP up 246 times and income up ...

Even a 2°C increase — a target still considered ambitious — could slash global GDP per capita by 16%, according to the study.

The World Bank says despite attempts to stabilise the economy, efforts to address rising fiscal and external imbalances have ...