Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

The Dutch caretaker government is in favour of increasing the country's defence spending to a total of 5% of gross domestic ...

Portugal said it aims to reach a target for investment in defense to represent 2% of gross domestic product in 2025, ...

Less than two weeks before a NATO summit, Sweden and the Netherlands said Friday that they intend to increase defense ...

Sweden will reach a new NATO spending target of 5% of the country's GDP, Swedish Prime Minister Ulf Kristersson said on ...

By Iulian Ernst in Bucharest Romania’s nominal GDP has reached €354bn in 2024 and €358bn in the four quarters to March 2025, ...

The upbeat data has reinforced confidence in the UAE’s long-term economic trajectory, driven by structural reforms, increased ...

The report also reflects that, although this marks a moderation from the 8.4 per cent average seen in the previous 2 years, the economy remains on a strong footing.

The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...

The UAE’s real gross domestic product (GDP) reached Dhs1,776 billion in 2024, marking a 4 per cent increase compared to that ...

By Dipo Aliu Gross Domestic Product (GDP) is one of the most critical economic indicators that reflect a country’s economic ...

India's household savings continued their downward trajectory for the third straight year, slipping to 18.1 per cent of GDP ...