Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...

The GDP calculation accounts for spending on both exports and imports. Thus, a country’s GDP is the total of consumer spending (C), business investment (I), government spending (G), and net ...

The OECD not only provides historical data but also forecasts GDP growth. The disadvantage of using the OECD database is that it tracks only OECD member countries and a few nonmember countries.

A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...

Historical Trends in Portugal and Spain ... that decline would be 2019 to 2020, but almost every country experienced a fall in GDP per capita then because of the pandemic’s economic havoc.

GDP stands for Gross Domestic Product, which measures a country's goods and services produced yearly. Its population must also be considered to get a clearer picture of how rich or poor a country is.