Pakistan's budget deficit was recorded at Rs1.5 trillion (1.2 percent of the GDP) in the first half (July to December) of the current fiscal year 2024-25.The country's total revenue stood at Rs9.8 ...

The IMF may have predicted that the UK will be the fastest-growing European G7 member, but it's not projected to be the ...

Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...

Luxembourg ranks as the world’s richest country by GDP per capita, driven by a strong economy, thriving finance sector and ...

South Korea’s gross domestic product per capita is estimated to have surpassed the $36,000 mark in 2024, outpacing its ...

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous ...

Lithuania is to increase its defense spending to between 5 percent and 6 percent of its GDP from 2026, matching Trump's target.

Economic forecasts for 2025 indicate that several African economies will experience low GDP growth, reflecting ongoing ...

LISBON (Reuters) - The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above ...

The country's gross domestic product shrunk by ... Analysts polled by Reuters had estimated the GDP to drop by 0.1% in November and economists foresee a bounce-back in December.

GDP stands for Gross Domestic Product, which measures a country's goods and services produced yearly. Its population must also be considered to get a clearer picture of how rich or poor a country is.