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

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

GDP per capita is widely used as a proxy for gauging a country’s average living standards. In broad terms, a higher GDP per ...

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

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

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

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

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

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

Russia raised the 2025 budget deficit estimate to 1.7% of gross domestic product in April from 0.5% after reducing the energy ...

The balance on Kenya’s current account is usually negative, mirroring the country’s position as a net importer of goods and ...

US President Donald Trump’s push for Indo-Pacific allies to ramp up military spending to counter growing threats from the ...