Stay updated with the latest news and articles about GDP growth.
Vietnam’s GDP growth remains strong, projected at around 5.8% for the current year. This growth is supported by an increase in consumer spending and a recovery in key sectors, such as manufacturing and services. The ADB emphasizes that the country’s diversified economy has allowed it to better withstand external shocks, including supply chain disruptions and inflationary pressures.
The Economic Survey 2023-24 highlights India's economic resilience and ongoing reforms as the nation gears up for the Union Budget 2024.
China's GDP expanded by 5% to reach 61.68 trillion yuan ($8.49 trillion) in the first half of 2024, driven by improved overseas demand, increased domestic consumption, and robust government policy support.
IMF upgrades China's GDP growth outlook for 2024 and 2025, citing resilience and recovery. The 0.4 percentage point increase from April projections reflects positive momentum driven by domestic consumption, investment, and policy support.
In a remarkable economic crescendo, Kyrgyzstan achieved a stellar 6.2% surge in Real GDP growth for 2023, signalling a triumphant ascent to new heights. The nation's financial symphony echoes resilience and promise, painting a vibrant picture of prosperity.
Despite criticisms from the campaign office of the Chinese Nationalist Party (KMT) presidential candidate, the NDC points out that Taiwan led the Asian Tigers, including Hong Kong, Singapore, South Korea, and itself, in terms of GDP growth during this period.