Growth in GDP per capita often corresponds to an increase in individual income and consumption. This implies that, on average, people in the country are better off than they were the previous year.

GDP per capita is a critical measure used to assess the economic well-being of individuals in a country, as it represents the ...

The US remains the world's richest country with a GDP of $29.18 trillion. Each state's GDP compares to that of another country US GDP fell in Q1 this year, the first decline since 2022. The US still ...

MOSCOW, May 19. /TASS/. Russia’s economic growth rate in recent years has surpassed that of European countries, as confirmed by data from international organizations, Director of the Center for ...

JAKARTA, May 5 (Reuters) - Indonesia's economy grew at its weakest pace in more than three years in the first quarter, with headwinds expected in the rest of the year stemming from global trade ...

The U.S. economy surged between April and June after shrinking in the first three months of the year, driven by a large shift in imports tied to President Trump's trade policies. The country's GDP ...

The U.S. economy is facing an unexpected downturn in 2025, with the Atlanta Federal Reserve projecting a 1.5 percent GDP contraction in the first quarter, reversing earlier expectations of 2 percent ...

South Korea's GDP contracted 0.1% year on year in the first quarter, according to advance figures, marking the first contraction in its economy since the fourth quarter of 2020. The GDP figure missed ...

BRUSSELS, August 28. /TASS/. Defense spending by all countries except Iceland will amount to 2% of their GDP this year, with the alliance's total defense budget estimated at $1.4 trillion, according ...

The North Atlantic Treaty Organization (NATO) held its annual summit last week and nearly all the defense alliance's members committed to boosting defense spending above their previously agreed-upon ...