GDP, China

China revises up 2023 GDP, sees little impact on 2024 growth
China revised upwards on Thursday the size of its economy by 2.7%, but said the change would have little impact on growth this year, as policymakers pledged more stimulus to spur expansion in 2025.
Final 3Q GDP Estimate Revises Growth Up to 3.1%
The U.S. economy grew more than initially appreciated in the third quarter, extending a solid stretch of economic expansion.
World Bank Raises China's GDP Growth Forecasts
The World Bank raised its forecast for China's economic growth for 2024 and 2025, saying a raft of policy easing and strong exports had helped mitigate some of the effects of a property downturn dragging on economic activity.
China says new housing metrics behind upward revision to 2023 GDP
On Thursday, China's 2023 GDP was raised by 3.4 trillion yuan, or 2.7%, to 129.4 trillion yuan ($17.73 trillion), according to the National Bureau of Statistics (NBS), which did not initially provide an explanation for the change. The bureau said on Friday ...
China's 2023 GDP revision aligns with standard global practice, has no significant impact on 2024 growth rates
The National Bureau of Statistics (NBS) stated on Friday that revising GDP data is a common international practice and has always been a routine part of China's government statistics work. And the revised-up GDP figure for 2023 will not have a significant impact on the GDP growth rate for 2024.
China raises its estimate for the size of its economy in 2023
China says its economy grew a bit more in 2023 than earlier thought, according to an economic census conducted every five years
World Bank raises China's GDP forecast for 2024, 2025
The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down next year.
India's current account gap narrows to 1.2% of GDP in July-Sept, central bank says
India's July-September current account deficit narrowed marginally from a year earlier amid a rise in services exports, the ...
GDP revised up to 3.1% in third quarter, final estimate shows
The economy expanded at a 3% rate in the second quarter and just 1.4% in the first. This is the third of three estimates for ...
Near-Term GDP Projections Get a Lift
Fed officials anticipate slightly stronger economic growth in the near term, revising their projections upward for U.S.
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Bangladesh's GDP to outpace Swiss, Swedish by 2039, but with huge per capita gap
It will be on track to become a $1.60-trillion economy, 21st largest, in 15 years, says London-based Centre for Economics and Business Research ...
Russia aims to double tourism GDP by 2030 from India, China
Russia is looking to double its GDP contribution from tourism by 2030, increasing it from 3.8% to about 10%. The country has ...
Japan falls behind South Korea in per-capita GDP; 22nd in OECD
Japan's nominal gross domestic product (GDP) per capita reached $33,849 in dollar volume in 2023, behind South Korea and ...
The Express Tribune2d
Tax-to-GDP ratio to reach 13% in three years: Finance Minister
The Finance Minister also highlighted ongoing structural reforms, mentioning that the tax-to-GDP target is set to exceed 13.5 ...
India’s CAD likely to exceed 2% of GDP in Q3 FY25 amid gold import surge: Report
India's Current Account Deficit (CAD) is expected to rise above 2% of GDP in Q3 FY25, driven by higher gold imports. However, ...