Tag: GDP

Several Sub-Saharan African economies are expected to post weak or even negative growth in 2026, highlighting persistent structural challenges despite stronger performance elsewhere on the continent, according to projections from the International Monetary Fund.

A group of African economies is set to post some of the world’s strongest growth rates in 2026, led by Ethiopia and Guinea, as investment, reforms and resource exports drive momentum across the continent, according to projections from the International Monetary Fund.

Asia accounts for the largest share of the global economy, contributing more than a third of world output, according to International Monetary Fund (IMF) data, underscoring the region’s central role in shaping global growth.

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.

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.

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.

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.

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.

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.

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.

In 2025, global remittances continue to be a lifeline for millions of families and a critical pillar of many developing economies.

According to the International Monetary Fund (IMF), global growth will be 3.3% in 2025, with Asia expected to be a key growth driver.

The BRICS nations—Brazil, Russia, India, China, and South Africa—continue to play a significant role in the global economy.

The International Monetary Fund (IMF) has released its latest projections for the largest economies in Africa for 2024.

Manufacturing is a critical component of economic development, contributing significantly to GDP and employment.