Although the global average for GDP per capita at purchasing power parity (PPP) is estimated at roughly $24,250 in both 2024 ...

Amid an ongoing global economic slowdown, India is poised to maintain strong growth momentum, with the economy projected to ...

Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the fourth quarter of 2024 (October, November, and December), according to the third estimate released by the U.S ...

PPP-converted GDP does not have this bias because PPPs are calculated first for individual items and thus take into account the different price levels for traded items and nontraded items. ICP PPPs ...

For the full year, GDP accelerated 2.8%, compared with 2.9% in 2023. Growth was 2.5% from Q4 of 2023 to Q4 of 2024.

Economists surveyed by LSEG had expected the economy to grow at a 2.6% rate in the quarter. The fourth quarter's 2.3% growth was slower than the 3.1% GDP growth recorded in the third quarter.

U.S. defense spending was 3.38% of GDP in 2024, based on NATO's figures. America's defense spending has been above 3% since NATO devised the 2% threshold in 2014, when it was at 3.71%.

The economy grew at a 2.8% annual rate in the third quarter of this year, just under the 3% rate the quarter before, the Bureau of Economic Analysis reported Wednesday morning in a second estimate ...