GDP, China

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.
Final 3Q GDP Estimate Revises Growth Up to 3.1%
The U.S. economy grew more than initially appreciated in the third quarter, extending a solid stretch of economic expansion.
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 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.
World Bank Raises China's GDP Growth Forecasts
The World Bank raised its forecast for China's economic growth for 2024 and 2025, saying a raft of policy easing and strong exports had helped mitigate some of the effects of a property downturn dragging on economic activity.
China raises its estimate for the size of its economy in 2023
China says its economy grew a bit more in 2023 than earlier thought, according to an economic census conducted every five years
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.
India's current account gap narrows to 1.2% of GDP in July-Sept, central bank says
India's July-September current account deficit narrowed marginally from a year earlier amid a rise in services exports, the ...
GDP revised up to 3.1% in third quarter, final estimate shows
The economy expanded at a 3% rate in the second quarter and just 1.4% in the first. This is the third of three estimates for ...
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 ...
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Spike in tertiary sector workforce boosting GDP
Based on the fifth national economic census conducted last year, the tertiary industry contributed 56.3 percent to the nation ...
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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 ...
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 ...
CAD moderates marginally to 1.2% of GDP in July-September of FY25: RBI data
Net services receipts rose to $44.5 billion in Q2 2024-25, compared to $39.9 billion in the previous year, reflecting a growth in services exports across key sectors such as computer services, ...
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.