BRASILIA, March 3 (Reuters) - Brazil's economy shrank by 4.1% last year due to the coronavirus pandemic, its worst drop in decades, data showed on Wednesday, as a devastating second wave of COVID-19 ...
Discover how GDP influences living standards and explore alternative measures for a comprehensive view of economic well-being ...
When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...
ISLAMABAD, Jan 20 (Reuters) - Pakistan has revised up its economic growth rate for 2020-21 to 5.37% from 3.9%, the minister for planning and development said on Thursday. "The growth in 2020-21 was ...
An earlier version of this story inadvertently mischaracterized the direction of GDP. After a blockbuster 2021, the U.S. economy decidedly came back to earth early this year, contracting for the first ...
WASHINGTON — The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating coronavirus recession. The nation’s ...
China’s economy has recorded its worst quarterly performance in over two years, after months of harsh Covid lockdowns wreaked havoc across the country. Gross domestic product in the world’s second ...
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