Analysts have said that the 3.84 per cent growth in Nigeria’s Gross Domestic Product in the fourth quarter of 2024 has raised the prospects of even stronger growth in 2025.This was stated following the release of the report by the National Bureau of Statistics on Tuesday,
Vietnam's goods exports to the United States accounted for 30% of its gross domestic product last year, the highest share among U.S. top trade partners, a Reuters review of public data shows, making the country highly vulnerable to reciprocal tariffs.
The information and communication sector, largely driven by telecommunications, maintained its strong performance with a real GDP growth of 5.90 per cent, slightly below the 6.32 per cent recorded in Q4 2023. The sector accounted for 17.00 per cent of total GDP, up from 16.66 per cent in the previous year.
Peru's gross domestic product (GDP) will likely expand by 4% this year and rank as the second-fastest growing economy in Latin America, a senior official told reporters on Monday, as inflation is seen holding for another year at around 2%.
Argentina’s economy expanded more than expected in December, solidifying the country’s bounceback in the last quarter of the year under President Javier Milei’s watch.
Faced with undisguised hostility from the Trump administration, Europeans are preparing for what is shaping up to be a go-it-alone era.