Browsing Tag

GDP

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 %,…

Germany confirms GDP contraction of 0.1 %

Germany's Federal Statistical Office (Destatis) confirmed the 0.1 % contraction of Gross Domestic Product in the second quarter of 2024. Ruth Brand, president of Destatis, noted that this contraction comes after a slight increase of 0.2 %…

Brazil’s GDP grew slightly in 2023

The Brazilian Institute of Geography and Statistics (IEBG) reported a slight growth of 2.9 % in the GDP of the South American country in 2023. According to the information released on Friday, March 1, by the IBGE, the agricultural sector…

IMF predicts a contraction in Latin America’s GDP

Argentina’s economic crisis, which will contract by 2.8% in 2024, has led the International Monetary Fund (IMF) to cut Latin America and the Caribbean’s growth forecast for this year by 0.4 percentage points, to 1.9%. This is indicated by…