Tag: GDP
Nigeria’s Debt-to-GDP Ratio Hits All-time High
Nigeria's debt-to-GDP ratio has surpassed 50% for the first time in history, signaling a concerning milestone for Africa's largest economy. The Debt Management Office (DMO)[more...]
Australia’s Economy Teeters on the Brink of Recession
The bad news on the economy continues to flow. The latest GDP figures reveal that the Reserve Bank of Australia (RBA) has achieved its wish[more...]
How Nigeria’s Economy Devolved Under Buhari and Tinubu
Nigeria’s economy has faced several setbacks over the years, evident in its drop from the 22nd to 42nd largest economy in the world by 2023.[more...]
Australian Shares Rebound as Financials Sector Rallies
Article Australian shares saw a turnaround on Wednesday as the financials sector rallied, helping the S&P/ASX200 eke out a 0.1% gain, closing at 7733.5. The[more...]
UK Inflation Holds Steady at 4% in January Despite Economic Uncertainty
The UK's inflation remained unchanged at 4% in January, defying economists' forecasts of a slight increase to 4.2%. The unexpected reading has raised the possibility[more...]
China’s Economic Growth: Strengths and Weaknesses
China's gross domestic product (GDP) expanded by 5.2 percent last year, buoyed by efforts to boost exports amidst challenges such as weak domestic demand, high[more...]
Germany’s Economy Shrinks by 0.3% in 2023, Marks First Contraction since Covid-19 Pandemic
Article: Germany, the largest economy in Europe, faced a significant setback in 2023, as it recorded a 0.3% contraction in its gross domestic product (GDP).[more...]
Navigating China’s Surprising GDP Growth: The Underlying Trends
China's upward Gross Domestic Product (GDP) surprise has left both economists and analysts puzzled, with some suggesting that it might provide more insight to anthropologists[more...]