Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

GDP per capita is widely used as a proxy for gauging a country’s average living standards. In broad terms, a higher GDP per ...

Portugal said it aims to reach a target for investment in defense to represent 2% of gross domestic product in 2025, ...

By Iulian Ernst in Bucharest Romania’s nominal GDP has reached €354bn in 2024 and €358bn in the four quarters to March 2025, ...

Sweden will reach a new NATO spending target of 5% of the country's GDP, Swedish Prime Minister Ulf Kristersson said on ...

In May, the Reserve Bank forecast growth of just 0.4% for the three months to the end of March. However, most economists are ...

The Dutch caretaker government is in favour of increasing the country's defence spending to a total of 5% of gross domestic ...

US President Donald Trump’s push for Indo-Pacific allies to ramp up military spending to counter growing threats from the ...

By Dipo Aliu Gross Domestic Product (GDP) is one of the most critical economic indicators that reflect a country’s economic ...

Russia raised the 2025 budget deficit estimate to 1.7% of gross domestic product in April from 0.5% after reducing the energy ...

The upbeat data has reinforced confidence in the UAE’s long-term economic trajectory, driven by structural reforms, increased ...

The UAE’s real gross domestic product (GDP) reached Dhs1,776 billion in 2024, marking a 4 per cent increase compared to that ...