GDP, China

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.
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 no significant impact on 2024 growth rates
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 says new housing metrics behind upward revision to 2023 GDP
On Thursday, China's 2023 GDP was raised by 3.4 trillion yuan, or 2.7%, to 129.4 trillion yuan ($17.73 trillion), according to the National Bureau of Statistics (NBS), which did not initially provide an explanation for the change. The bureau said on Friday ...
China revises up 2023 GDP, World Bank raises forecast for 2024, 2025
China revised upwards its 2023 gross domestic product (GDP) by 2.7 percent to 129.4 trillion yuan (US$17.73 trillion), a top statistics official said on Thursday, while the World Bank raised its forecast for China's economic growth in 2024 and 2025.
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.
Reuters on MSN1d
India's current account gap narrows to 1.2% of GDP in July-Sept, central bank says
The current account deficit stood at $11.2 billion, or 1.2% of GDP, in the quarter, compared with a deficit of $11.3 ...
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 ...
India’s CAD likely to exceed 2% of GDP in Q3 FY25 amid gold import surge: Report
India's Current Account Deficit (CAD) is expected to rise above 2% of GDP in Q3 FY25, driven by higher gold imports. However, ...
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 ...
中国日报网1d
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 ...
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 ...
The Express Tribune2d
Tax-to-GDP ratio to reach 13% in three years: Finance Minister
The Finance Minister also highlighted ongoing structural reforms, mentioning that the tax-to-GDP target is set to exceed 13.5 ...
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, ...