Search results
5 days ago · Overall, "sub-Saharan" Africa’s predicted growth—3.8 percent—is higher than the global average of 3.2 percent and makes it the second-fastest-growing region in the world (after Emerging and Developing Asia, which has a growth rate of 5.2 percent). However, this aggregate number masks an important divergence in income growth between Africa ...
Jan 30, 2024 · Global growth is projected to stay at 3.1 percent in 2024 and rise to 3.2 percent in 2025. Elevated central bank rates to fight inflation and a withdrawal of fiscal support amid high debt weigh on economic activity. Inflation is falling faster than expected in most regions, amid unwinding supply-side issues and restrictive monetary policy.
2 days ago · The Philippine economy sustained its momentum in the first quarter, keeping it among the region’s fastest-growing although strains are showing from high borrowing costs and persistent inflation.
Oct 11, 2022 · Global growth is forecast to slow from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023. This is the weakest growth profile since 2001 except for the global financial crisis and the acute phase of the COVID-19 pandemic.
1 day ago · The Philippines grew the fastest alongside Vietnam (5.7 percent) followed by Indonesia (5.1 percent), Malaysia (3.9 percent), and Singapore (2.7 percent). “More than our performance in the region, what is to be celebrated here is the encouraging growth seen in the manufacturing sector as it is the most crucial sector for long-term employment ...
19 hours ago · The figures are from the International Monetary Fund World Economic Outlook Database unless otherwise specified. This list is not to be confused with the list of countries by real GDP per capita growth, which is the growth rate of GDP per person recalculated according to the changing number of the population of the country.
5 days ago · HDI: 0.927. The United States is a developed country. As of 2022, the United States was the wealthiest country on Earth in terms of its total GDP, which represents 25% of the world's entire wealth ...
