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GDP, China and 2023
China says new housing metrics behind upward revision to 2023 GDP
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 on the growth rate.
China’s 2023 GDP revision aligns with standard global practice, has minimal impact on 2024 growth rates: NBS
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 2023 GDP to $17.730 Trillion
China raised its 2023 gross domestic product by 2.7% to 129.4 trillion yuan, equivalent to $17.730 trillion, the chief of the nation's statistics bureau said in a press conference on Thursday. It is unclear how the revision will affect China's real GDP,
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.
20h
Moldova's parliament passes 2025 budget with deficit at 4% of GDP
Moldova's parliament approved the budget for 2025 with a deficit of 4.05% of gross domestic product (GDP) on Thursday.
abp LIVE on MSN
3h
How Manmohan Singh's 'Epochal Budget' Helped India's GDP Shoot From Billions To Trillions
As a result of Singh's 1991 Budget and following reforms, India's GDP skyrocketed from $266 billion in 1991 to $2.3 trillion ...
3d
on MSN
Canada GDP Cools After Stronger-Than-Expected 0.3% Growth in October
Canada’s economy may have contracted last month for the first time this year but growth has nevertheless picked up this ...
23h
on MSN
China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top ...
6d
Trump will demand NATO allies increase defence spending to 5% of GDP – Financial Times
US President-elect Donald Trump reportedly plans to demand NATO allies to raise their defence spending to 5% of their GDP.
3d
on MSN
France’s Bayrou Aims for 2025 Deficit Around 5% GDP or Bit More
French Prime Minister Francois Bayrou said he aimed to reach an agreement with parliament on a 2025 budget that would reduce ...
Samaa
9h
Pakistan aims to boost tax-to-GDP ratio to 13.5% in 3 years: Minister
Federal Finance Minister Muhammad Aurangzeb announced plans to increase Pakistan's tax-to-GDP ratio to 13.5% in three years ...
11h
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 ...
5d
on MSN
Doubts About UK Statistics Agency’s Surveys Spread to GDP Data
The same kind of survey failures that have left the UK unsure about the number of people in Britain’s workforce are now ...
1d
on MSN
India projected to witness 6.5 per cent real GDP growth in current, next fiscal: Report
India is projected to witness 6.5 per cent real GDP growth in the current and next fiscal (FY25 and FY26), according to a ...
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