The United States is the major trading partner for many Asian nations. Countries like China, Japan, Vietnam, India, and South Korea are among the top trading...
Author - Economics Insider
The tax-to-GDP ratio shows how much tax a country collects compared to the size of its economy. Among the G7 nations, France has the highest tax-to-GDP ratio...
According to the IMF, the global GDP has surpassed approximately $115 trillion. This massive economic output is dominated by two major economic blocs: the G7...
According to the Global Wealth Report 2024, global wealth growth has slowed down in the past decade. Between 2000 and 2010, global wealth grew by an average of...
The U.S. and China are the world’s two largest economies. These two nations boast some of the world’s biggest companies by market cap. Market capitalization...
According to the International Monetary Fund (IMF), the world’s total gross domestic product (GDP) has reached approximately $115 trillion. Of this total GDP...
The United States has long been facing trade deficits with its major trading partners. This means that the US imports far more goods than it exports to these...
South Asia is one of the fastest-growing regions in the world. According to the World Economic Situation and Prospects 2025, the region is projected to grow at...
The world’s oldest sovereign wealth fund was founded in 1953 by Kuwait. Since then, more than 100 sovereign wealth funds have been created worldwide...
Trade between the U.S. and Asia has grown to billions of dollars annually. However, the US continues to face the high trade deficit with major Asian countries...