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Taiwan's defence spending next year will exceed 3% of gross domestic product to demonstrate to the world the government's ...

Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year, or other given period of time. GDP per capita is often ...

Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads ...

In his words, “In other major economies, consumers contribute 50 to 75% of gross domestic product; in China, 40%.” ...

Japan’s latest economic data has calmed recession fears, showing a fifth straight quarter of growth despite the impact of U.S ...

Real gross domestic product (GDP) edged up 0.1% in February, following a 0.6% increase in January. Both services-producing industries and goods-producing industries edged up 0.1%. Overall, 12 of 20 ...

First of all, it’s much bigger than gross domestic product. Last year, when the U.S. G.D.P. was around $25.5 trillion, gross output was around $46 trillion (neither figure adjusted for inflation).

The total value added of the non-oil sector in GCC countries at current prices reached about US $.513 trillion by the end of ...

The good news-- Iowa’s real Gross Domestic Product for the entire 2021 was 6.4%. That is more than the U.S. growth rate of 5.7%.

Taiwan's cabinet will propose defence spending of T$949.5 billion ($31.27 billion) for next year, accounting for 3.32% of gross domestic product, the official Central News Agency reported on Thursday.