The Latest Breaking News from GDP

Australia on track for pension payments to shrink from 2.3% of GDP to 2% by 2062-63 as superannuation balances balloon

Australia’s comprehensive superannuation system means spending on the age pension will decline as a proportion of GDP by 2062-63 despite a doubling of Australians aged 65 and over, according to the government’s Intergenerational Report to be released on Thursday.

And why are so many of them often rich, Western nations?

India has made remarkable progress in the past 77 years, compared to other countries across four parameters: GDP per capita, HDI, IMR and women's participation in Parliament. Access to electricity and internet also improved. India's population surpassed China's, making it the most populous country. Read more on The Hindu.

BEIJING: For the second straight month, a slew of disappointing economic data from China spurred investment banks around the world to cut their 2023 growth outlook.

Scotland’s implicit deficit is likely to have reduced as a percentage of GDP.

Prime Minister Anthony Albanese is right about one thing when it comes to public holidays.

Median hourly wages for actors fell by 56% over the last decade.

The government at the national level has failed to structure India’s economic policy coherently