China’s GDP stood at $29 trillion in PPP terms in 2021, representing 18.9% of global GDP, while the United States’ GDP was $24 trillion, accounting for 15.5% of global GDP. India, at $11 trillion or 7 ...
The Republican has promised strong growth, high tariffs, income tax cuts and booming oilfields. But despite the solid job market and low 4.1% unemployment rate, he has to contend with headwinds like ...
The World Bank forecast Thursday that the global economy will expand by 2.7% in both 2025 and 2026, the same pace as in 2024. However, developing economies are expected to complete the first ...
WASHINGTON (AP) — The global economy is growing steadily in the face of war, protectionist trade policies and high interest rates. It just isn’t growing fast enough to bring relief to the ...