#GDP
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EconomyGlobal Debt Catastrophe Fears Overblown: Data Shows Debt is Actually Decreasing
Despite widespread fears of a global debt catastrophe fueled by rising US federal debt, data indicates that global debt as a percentage of GDP has actually decreased over the past decade due to inflation and a shift from riskier household debt to government debt.
EconomySouth Korea's Economy Surges Past Expectations, Fueled by AI Chip Demand
South Korea's economy significantly outperformed expectations in the third quarter, growing by 1% quarter-on-quarter, largely driven by booming demand for AI chips. This surge positions the nation for its strongest economic expansion in over a decade.
EconomyBangladesh's Per Capita GDP Poised to Surpass India's: Understanding the Economic Shift
The IMF projects Bangladesh's per capita GDP to surpass India's this year, despite India's larger overall economy. This shift highlights Bangladesh's economic success, driven by its garment industry and remittances, though challenges like inflation and unequal growth persist.
EconomyDubai's Economy Navigates Regional Turmoil, Reaching Dh473 Billion Amidst Sectoral Shifts
Dubai's economy reached Dh473 billion in the first half of 2026, a slight decrease from the previous year, as growth in financial services, healthcare, and construction offset declines in tourism and transport due to regional conflicts. The emirate continues to invest in major projects and pursue its D33 economic agenda to strengthen its global business standing.
EconomyUAE Economy Demonstrates Resilience with 0.4% Growth in H1 2026 Amid Regional Conflict
The UAE economy grew 0.4 per cent to Dh961.9 billion in the first half of 2026, driven by non-oil sectors despite the impact of the Iran war.
EconomyS&P Doubles Oman's 2026 Growth Forecast to 3.5% Driven by Resilient Trade Logistics and Energy Sector
S&P Global Ratings has raised Oman's 2026 economic growth forecast to 3.5 per cent, supported by resilient trade logistics and an energy sector independent of the Strait of Hormuz.
EconomyUS-Israel War Halts Oil and Gas Sector, Crushing Iran's GDP by 10 Percent
Iran's GDP has contracted by 10.1 percent amid the US-Israel war, driven by a severe collapse in oil and gas exports as Washington tightens economic and naval pressure.
EconomyWorld Bank Warns Lebanon's Economy Faces 6.4 Percent Contraction in 2026 Amid Renewed Conflict
The World Bank projects Lebanon's GDP will contract by 6.4 per cent in 2026 due to the ongoing Israel -Hezbollah war, severely reversing a brief economic recovery.
EconomyJapan’s Second-Quarter Growth Falters Amid Weak Consumption and Capital Spending
Japan's economic growth slowed in the second quarter, missing analyst forecasts as weak private consumption and falling capital expenditures offset strong export gains.