The US still dominates the global economy as the richest country in the world with a gross domestic product of $29 trillion — ...

The Commerce Department’s Bureau of Economic Analysis last week released its “advance estimate” of U.S. Gross Domestic ...

The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy ...

While we know the GDP per capita country-wise for them, let’s see why the top 10 economies from the list above became the richest in the world: Luxembourg, with its high GDP per capita and ...

The GDP growth rate has many limitations as an economic indicator. It captures only a very narrow slice of economic activity: goods and services. It pays no attention to what is produced, how it is ...

Russia's budget deficit is projected to be 1.5% of gross domestic product (GDP) in 2025, three times the government's target, ...

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.

This index shows how focusing on GDP alone can mislead the public about a country’s economic performance. In 2024, the U.S. ranked fifth in the world in terms of GDP per capita, but was in 20th ...