China, GDP

China says new housing metrics behind upward revision to 2023 GDP
China said on Friday its 2023 gross domestic product was revised upward due in part to changes in housing sector calculation methods, which would also affect the size of the economy in 2024 but have little impact on the growth rate.
China’s 2023 GDP revision aligns with standard global practice, has minimal impact on 2024 growth rates: NBS
The National Bureau of Statistics (NBS) stated on Friday that revising GDP data is a common international practice and has always been a routine part of China's government statistics work. And the revised-up GDP figure for 2023 will not have a significant impact on the GDP growth rate for 2024.
World Bank Raises China's GDP Growth Forecasts
The World Bank raised its forecast for China's economic growth for 2024 and 2025, saying a raft of policy easing and strong exports had helped mitigate some of the effects of a property downturn dragging on economic activity.
China revises up 2023 GDP, sees little impact on 2024 growth
China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing.
China raises its estimate for the size of its economy in 2023
China says its economy grew a bit more in 2023 than earlier thought, according to an economic census conducted every five years
China Raises 2023 GDP to $17.730 Trillion
China raised its 2023 gross domestic product by 2.7% to 129.4 trillion yuan, equivalent to $17.730 trillion, the chief of the nation's statistics bureau said in a press conference on Thursday. It is unclear how the revision will affect China's real GDP,
China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census.
Moldova's parliament passes 2025 budget with deficit at 4% of GDP
Moldova's parliament approved the budget for 2025 with a deficit of 4.05% of gross domestic product (GDP) on Thursday.
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How Manmohan Singh's 'Epochal Budget' Helped India's GDP Shoot From Billions To Trillions
As a result of Singh's 1991 Budget and following reforms, India's GDP skyrocketed from $266 billion in 1991 to $2.3 trillion ...
A top Chinese economist just said what many people suspected: China's official GDP numbers may not be accurate
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Spike in tertiary sector workforce boosting GDP
Based on the fifth national economic census conducted last year, the tertiary industry contributed 56.3 percent to the nation ...
Canada GDP Cools After Stronger-Than-Expected 0.3% Growth in October
Canada’s economy may have contracted last month for the first time this year but growth has nevertheless picked up this ...
Japan falls behind South Korea in per-capita GDP; 22nd in OECD
Japan's nominal gross domestic product (GDP) per capita reached $33,849 in dollar volume in 2023, behind South Korea and ...
Samaa6h
Pakistan aims to boost tax-to-GDP ratio to 13.5% in 3 years: Minister
Federal Finance Minister Muhammad Aurangzeb announced plans to increase Pakistan's tax-to-GDP ratio to 13.5% in three years ...
France’s Bayrou Aims for 2025 Deficit Around 5% GDP or Bit More
French Prime Minister Francois Bayrou said he aimed to reach an agreement with parliament on a 2025 budget that would reduce ...