Currently, Brazil stands out as the nation with the Gross Domestic Product (GDP) higher in Latin America, with a growth of 3.4% despite natural disasters. This performance highlights the resilience of its economy, promoted by sectors such as trade and construction. The GDP, which represents the total value of goods and services produced in a […]
Tag: Gross Domestic Product
How important are exports for the Peruvian economy?: BCRP reports that it represents more than 25% of GDP
The Central Reserve Bank of Peru (BCRP) reported that Peruvian exports They reached US $ 75,916 million in 2024, representing an annual increase of US $ 8,398 million, equivalent to 12.4%. This amount corresponds to 26.2% of the internal gross product (GDP) and exceeds 25.2% registered the previous year. It should be remembered that the […]
Peruvian economy closed 2024 with a growth of 3.3%, far from its maximum potential
He National Statistics and Informatics Institute (INEI) He reported that the country’s productive activity increased 3.33% in 2024 due to a better performance of sectors such as fishing, transport and agriculture that grew 24.89%, 6.1% and 4.94%, respectively. In relation to the December data, the GDP rose for the third consecutive month and reached 4.85%. […]
Health spending in the OECD will rise to 11.8% of GDP in 2040 with lesson from covid
The weight of health spending in the countries of the OECD will continue to grow, as has been the case for decades and, if we add to this trend the lessons of the crisis of the covid To make the system more resistant, it will reach 11.2% of the gross domestic product (GDP) in 2040. […]
Companies plan to hire less and reduce their workforce
The reduction in economic growth projections, added to the imminent arrival of the El Niño phenomenon, has impacted expectations of new hires in companies, according to the latest ManpowerGroup Employment Expectations Survey. The study reveals that in the last quarter of 2023, employers’ expectations of increasing their staff reach 46%2% below the result obtained in […]
IMF: Reduced Argentina’s net reserve accumulation target
The executive board of the International Monetary Fund (IMF) reduced the net reserve accumulation target of Argentina by the end of this year to US$ 8,000 million, from US$ 9,800 million, it was officially reported. The wholesale peso fell sharply 1.01% after four days of inactivity, to 213.37/213.39 per dollar through the regulation of liquidity […]
Italian economy grew by 3.7% in 2022 thanks to construction
He Gross Domestic Product (GDP) of Italy It grew by 3.7% in 2022, mainly thanks to construction, according to updated data published today by the National Institute of Statistics (ISTAT), which had previously estimated an increase of 3.9%. Internal demand was fundamental to the growth of the economy, which contributed positively to the dynamics of […]
Spain will grow by 1.6% in 2023, above the previous estimate of the Bank of Spain
The economy Spanish will likely grow around 1.6% in 2023, 0.3 percentage points higher than previously estimated, due in large part to stronger-than-expected expansion last year, the chief economist at the Bank of SpainAngel Gavilan. He Gross Domestic Product it grew by 5.5% in 2022, faster than expected, at a time when the country avoided […]