Month: December 2024

India’s CAD likely to stay at 1.1 per cent of GDP in FY25: ICICI bank report

New Delhi [India], December 30 (ANI): India’s Current Account Deficit (CAD) is expected to remain at 1.1 per cent of the Gross Domestic Product (GDP) in the financial year 2024-25 (FY25), according to a report by ICICI Bank. The report…

China revises up 2023 GDP, sees little impact on 2024 growth

By Kevin Yao and Ellen Zhang BEIJING (Reuters) – 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…

Turkish economy to surpass $1.3T GDP by end of 2024: Trade Minister

Trade Minister Omer Bolat announced that Türkiye is on track to achieve a gross domestic product (GDP) of $1.3 trillion by the end of the year. The milestone will be officially confirmed with the Turkish Statistical Institute’s (TurkStat) data release,…

China’s 2023 GDP revision aligns with standard global practice, has no significant impact on 2024 growth rates

Photo:VCG 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…

China says new housing metrics behind upward revision to 2023 GDP By Reuters

BEIJING (Reuters) – China said on Friday its 2023 gross domestic product was revised upward due in part to changes in housing sector calculation methods, which would also affect the size of the economy in 2024 but have little impact…

Economy ministry expects Ukraine’s GDP to rise by 4% at year end

At the end of 2024, Ukraine’s gross domestic product (GDP) is expected to increase by 4%, of which 0.64% has been provided by the Made in Ukraine economic policy. The relevant statement was made by the Ukrainian Economy Ministry, an…

China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure (#1688671)

By Reuters Published December 27, 2024 China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census. Reuters Policy support…

China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure By Reuters

BEIJING (Reuters) -China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census. Policy support late this year has set…

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. The world’s…

GDP growth of CIS countries to be 4.7 per cent in 2024: Putin

Home » International » GDP growth of CIS countries to be 4.7 per cent in 2024: Putin St. Petersburg, Dec 26 (SocialNews.XYZ) The growth of gross domestic product (GDP) of the Commonwealth of Independent States (CIS) members will reach 4.7…