Exports play a key role in the country’s economic development and growth. Some countries heavily sell goods and services abroad, while others rely more on...
Category - Economy
The US China tariff war flared up once again following the start of President Trump’s second term. Beginning in early February, both nations started imposing...
The U.S. dollar has been the world’s most powerful currency for a long time. It holds the top position across many important areas of global finance...
The G20 is an intergovernmental forum comprising 19 sovereign countries. It includes both advanced and emerging markets, which together account for more than...
The Trump administration imposed reciprocal tariffs on a wide range of countries. While Trump pauses tariffs for most countries for 90 days, the tariffs on...
The European Union (EU) is a political and economic union of 27 member states. It represents one of the most influential economic regions in the world...
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...
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 International Monetary Fund (IMF), the world’s total gross domestic product (GDP) has reached approximately $115 trillion. Of this total GDP...
