South Korea's economy unexpectedly contracted in the first quarter of the year, the country's central bank said Thursday, ...

Spain will meet NATO's target of spending 2% of gross domestic product on defence this year, much earlier than its previous ...

Economics is no different. Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports ...

According to the IMF’s latest World Economic Outlook, Kenya’s gross domestic product (GDP) is projected to grow to $131.673 ...

As a result, the ratio of public debt to gross domestic product, a core metric for economic and financial health, increased to 69 percent at the end of last year, as borrowing needs and costs to ...

To overcome this problem, the Fed should drop its current inflation-targeting approach and instead adopt a nominal gross domestic product (NGDP) target. NGDP targeting, never formally adopted by any ...

On Monday, in Manhattan’s bustling midtown, senior level officials came together at the United Nations to discuss a new economic paradigm at the High Level Meeting on Well-Being and Happiness, an ...

PUTRAJAYA: Bank Negara and the Treasury will have to review the International Monetary Fund (IMF) decision to revise Malaysia ...

The International Monetary Fund (IMF) has downgraded Malaysia's real gross domestic product (GDP) growth forecast for this ...

Australia's conservative opposition party leader Peter Dutton, trailing in polls related to the May 3 election, has pledged ...

Real gross domestic product (GDP) grew 0.4% in January, following a 0.3% increase in December. Both goods-producing and services-producing industries were up, with 13 of 20 sectors rising in January.

Italy will likely be able to increase its defense spending to reach a NATO target of 2% of gross domestic product as early as ...