GDP, China

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 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 statistics official said on Thursday, while releasing the fifth national economic census.
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.
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 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.
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
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.
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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 ...
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 ...
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 ...
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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 ...
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 ...