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Tag: GDP

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The International Monetary Fund (IMF) is forecasting a notable reshuffle in global economic growth for 2026, with emerging markets driving much of the world’s expansion.
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New projections made about Africa’s economic story in 2026 are based on nominal GDP estimates that place a familiar group of countries at the top, but the deeper story lies in why these economies are leading and what it signals about Africa’s future growth path.
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The global economic recovery is set to remain uneven in 2026, with emerging economies driving growth while much of the developed world continues to slow.
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Coconut may not grab headlines like crude oil or wheat, but the latest data shows it commands a power of its own, especially in tropical regions where it’s not just a crop, but a way of life.
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In Southeast Asia, agriculture, forestry, and fishing remain foundational to national economies, contributing 8% to 16.6% of GDP in 2024, depending on the country, even as their shares have declined in recent years.
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NATO member states this week agreed to raise their defence investment target to 5% of GDP by 2035, replacing the longstanding 2% benchmark set in 2014.
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In 2024, diaspora remittances surged to unprecedented levels, serving as a crucial element in Africa’s economic strength.
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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.
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In 2025, global remittances continue to be a lifeline for millions of families and a critical pillar of many developing economies.
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According to the International Monetary Fund (IMF), global growth will be 3.3% in 2025, with Asia expected to be a key growth driver.
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The BRICS nations—Brazil, Russia, India, China, and South Africa—continue to play a significant role in the global economy.
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The International Monetary Fund (IMF) has released its latest projections for the largest economies in Africa for 2024.
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Manufacturing is a critical component of economic development, contributing significantly to GDP and employment.
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