Nicolás Maduro, President of Venezuela, indicated last week that the country could close out 2025 with a 9 % GDP growth rate.
The president's projection is based on the expansion the nation registered during the second quarter of this year, which stood at 6.65 %.
Maduro stated: "I hope that the…
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GDP
Brazil reduced its fiscal deficit to 7.56 % of GDP in May
In May, Brazil's fiscal deficit narrowed to 7.56 % of accumulated Gross Domestic Product over the last 12 months, according to the Central Bank's report released Monday.
"In May alone, the consolidated nominal public sector deficit of…
Spain will experience accelerated economic growth until 2030
The International Monetary Fund's economic growth forecasts for Spain are expected to be higher than those for the Eurozone until 2030, thanks to positive deficit and debt forecasts.
In its World Economic Outlook report, the IMF predicts…
IMF cuts GDP growth projection for Latin America and the Caribbean
The International Monetary Fund estimated a slowdown in GDP growth for Latin America and the Caribbean in 2025, according to the organization in its World Economic Outlook report, released last week.
This cut is primarily due to a 0.3 %…
Italy cuts growth forecast to 0.6 % in 2025
The Italian government, through Economy Minister Giancarlo Giorgetti, announced the reduction in its GDP growth forecast to 0.6 %.
"The forecast is contained in the Public Finance Document, the first text with macroeconomic forecasts for…
South Korea cuts interest rates to 2.75 %
Last week, the Bank of South Korea announced a cut in the country's growth forecasts, as well as a reduction in interest rates to 2.7 % with the intention of boosting the economy in the face of US taxes and dealing with political…
German economy enters a possible third year of recession
The German economy experienced its second consecutive year of economic recession in 2024, marked mainly by the crisis of the industrial sector and the export model.
A few weeks before the legislative elections, scheduled for February 23,…
Venezuela’s economy grew 8.5 % from January to September
The president of Venezuela, Nicolás Maduro, indicated this Monday, December 2, that the growth of the Gross Domestic Product during the first three quarters of 2024 was 8.5 %.
Maduro highlighted that the country has completed 14 quarters…
IMF maintains growth forecast for Venezuela in 2025
In its World Economic Outlook report, the International Monetary Fund maintains Venezuela's economic growth projection for 2025 at 3 %.
Although the organization has lowered estimates of growth in the Gross Domestic Product at the end of…
German GDP grows slower than expected
The Federal Statistical Office published the data on Germany's gross domestic product for the third quarter of 2024, confirming slower growth than expected.
According to the statistics office, German GDP in this period stood at 0.1 %,…
China’s GDP grew 4.8 percent from January to September
China's Gross Domestic Product (GDP) grew 4.8 percent from January to September, according to data from the National Bureau of Statistics through its deputy director, Sheng Laiyun.
The official indicated in a press conference that the GDP…
Guyana is the Latin American country that will have the greatest economic growth in 2025
In Latin America, the country that will have the greatest economic growth in 2025 is Guyana, according to the predictions of analysts and organizations such as the World Bank, which projects an expansion of 12.3 %.
On a par with world…