Search For "gross domestic product"
Taiwan to overtake Korea in per capita GDP in 2025: IMF
Updated : 5 months ago IST
South Korea's per capita gross domestic product (GDP) is projected to fall by three notches this year, according to a report released by the International Monetary Fund (IMF).
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Singapore's Digital Economy at 18.6% of GDP, up from 14.9% in 2019; Growth
Updated : 5 months, 2 weeks ago IST
Singapore, October 6: Digitalisation is essential to the growth of Singapore's overall economy. In 2024, Singapore's digital economy grew by S$12 billion[1], expanding to a total of S$128.1 billion. This accounts for 18.6% of the nation's gross domestic product (GDP), up from 18.0% in 2023 a
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"Military families already seeking food assistance due to financial anxiet
Updated : 5 months, 2 weeks ago IST
Stating that the US could have a USD 15 billion gross domestic product each week, Karoline Leavitt mentioned that the federal government shutdown has extended for a month, leading to an additional 43,000 unemployed people.
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SA20 season 3 drives jobs, economic growth and South Africa's cricketing f
Updated : 5 months, 2 weeks ago IST
The report highlights that off the field, the SA20 continues to make a substantial impact on the greater South African economy, with an increase in contributions across Gross Domestic Product (GDP), Direct Expenditure, Household Income and Job Creation, as per a SA20 press release.
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GST reforms can boost India's GDP by 0.8 per cent: Hardeep Singh Puri
Updated : 5 months, 3 weeks ago IST
Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Monday said that Goods and Services Tax (GST) reforms have brought a wave of happiness and celebration among people and can boost the Gross Domestic Product (GDP) of the country by 0.8 per cent.
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Taiwan GDP per capita lead over Korea attributed to TSMC, AI boom
Updated : 5 months, 3 weeks ago IST
Yeh Chun-hsien, head of the National Development Council (NDC), on Wednesday attributed Taiwan's forecast lead over South Korea in gross domestic product (GDP) per capita in 2025 to the success of Taiwan Semiconductor Manufacturing Co. (TSMC) and a boom in artificial intelligence application
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Despite tariff, geo-political challenges, India's CAD to remain under 1%
Updated : 5 months, 3 weeks ago IST
India's current account deficit (CAD) is expected to remain under control at 1 per cent of gross domestic product (GDP) in the current financial year, even as the economy faces challenges from higher tariffs and global geopolitical headwinds, according to a report by Crisil.
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"MSME contributes 31% to India's GDP": Jitan Ram Manjhi on GST reforms
Updated : 5 months, 3 weeks ago IST
Union Minister Jitan Ram Manjhi highlighted the significant contribution of Micro, Small, and Medium Enterprises (MSMEs) in India's GDP, saying the sector contributed 31% to India's Gross Domestic Product (GDP).
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Amid tariff tensions, India's current account deficit may double to 1.2% o
Updated : 5 months, 3 weeks ago IST
India's current account deficit (CAD) is expected to almost double in the current financial year FY26 to 1.2 per cent of gross domestic product (GDP), compared with 0.6 per cent in FY25, amid rising trade and geopolitical tensions, according to a report by Union Bank of India.
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Taiwan's defence spending to touch 3.32 per cent of GDP in 2026, says Prem
Updated : 7 months ago IST
Taiwan's defence spending is set to touch 3.32 per cent of the gross domestic product (GDP) next year, according to Premier Cho Jung-tai, as reported by Focus Taiwan.
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Crisil revised India's FY26 GDP growth to 6.5% on good monsoon, rate cuts,
Updated : 8 months, 3 weeks ago IST
Rating agency Crisil has revised India's gross domestic product (GDP) growth to 6.5 per cent for the current fiscal, supported by expectations of above-normal monsoon, rate cuts and the government's rural support schemes.
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S&P Global ups India's GDP growth forecasts for 2025 and 2026
Updated : 9 months ago IST
S&P Global has revised its Gross Domestic Product (GDP) growth forecasts for India upwards for both 2025 and 2026, citing resilient domestic demand as a key driver.
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