Tag: GDP
In 2024, diaspora remittances surged to unprecedented levels, serving as a crucial element in Africa’s economic strength.
Despite a global decrease in informal economic activity, shadow economies still make up a significant portion of GDP in parts of Africa and South Asia. A new data from the Ernst & Young Global Shadow Economy Report 2025 reveals that Sierra Leone, Niger, and Nepal top this list, measured as a percentage of their national GDP.
According to the International Monetary Fund (IMF), global growth will be 3.3% in 2025, with Asia expected to be a key growth driver.












