South Korea has one of the most advanced economies in Asia with a 2021 GDP of $1.8 trillion and GDP per capita of $34,757.72. Given its substantial R&D spending, the country is home to world leading ...

Italy forecasts that its economy will contract by 9.0% this year, the Treasury said on Tuesday, while the budget deficit will come in at 10.8% of gross domestic product.

Indonesia revised down its 2020 gross domestic product (GDP) outlook on Tuesday, expecting a steeper contraction due to the fallout of the coronavirus pandemic even as it tries to ramp up spending to ...

As Share of GDP, Global Aid to 26 Low-Income Economies Falls to 21-Year Low WASHINGTON, October 13, 2024—The world’s 26 poorest economies—home to about 40 percent of all people who live on less than ...

In response to instability in the Middle East and Russia’s illegal annexation of Crimea, NATO leaders agreed in 2014 to aim to commit 2% of their GDP to defense spending by 2024. In 2020, nine NATO ...