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Africa’s economic story is one of contrast: abundant potential on one hand, and structural hurdles on the other. In 2025, ...
In the baseline scenario, which assumes a moderate annual investment growth rate of 4.0 percent and labor productivity growth ...
Ireland drops to fifth place when this measure is applied. Based on actual individual consumption per capita, Belgium ranks third in the EU, while it ranks seventh on GDP per capita.
Growth in GDP per capita often corresponds to an increase in individual income and consumption. This implies that, on average ...
Despite the well-known challenges of living in a city like New York—including traffic congestion, overcrowding, safety ...
A low or negative GDP per capita growth rate year over year frequently indicates more than simply economic stagnation; it ...
Mumbai: Maharashtra may be among the richest states in the country, but it has huge regional disparities. As many as 27 of ...
China may be developed or developing, it depends on who you ask. The skyscrapers, the digital reach, military advancement and ...
For those of you who have been reading my articles here for 20+ years, you will know I’m not a doomster. Yes, I’ve called the ...
Its population must also be considered to get a clearer picture of how rich or poor a country is. Therefore, divide the GDP by the total number of people in the country to get GDP per capita.
India, by comparison, has experienced steady economic expansion since the early 2000s. At current growth rates of 6–7% annually, India is projected to surpass Germany by 2027, becoming the ...