Turkey's GDP grew past $1tn for the first time in 2023

ISTANBUL -- Turkey's gross domestic product grew 4.5% in 2023, pushing the size of the economy past $1 trillion for the first ... the construction sector grew 7.8%. Read More

Turkey says ending Israel's occupation of Palestinian territories is 'first priority'

Tension between Israel and Iran should not distract from the situation in Gaza and the first priority of the international community should be ending the Israeli occupation of Palestinian territories, ... Read More

Economy & Business

Can Turkey’s ... African country's economic recovery follows an $8 billion deal announced March 17. The Middle East remains on high alert after a suspected Israeli airstrike killed seven senior ... Read More

S. Korean economy grows 1.4 pct in 2023, unchanged from earlier estimate: BOK

SEOUL, March 5 (Yonhap) -- South Korea's economy grew at a decent rate of 1.4 percent last year ... and the lowest since a 0.7 percent contraction in 2020 during the coronavirus pandemic. Read More

How COVID-19 Has Transformed The Gig Economy

As the world starts to more fully embrace this new way of working, which will undoubtedly continue to grow ... economy’s long-term viability. However, these estimates were made before COVID ... Read More

Iraq’s overreliance on oil threatens economic, political strife

The International Chamber of Commerce ordered Ankara in 2023 to pay $1.5bn in damages to Baghdad after the KRG sent oil directly to Turkey ... Al Jazeera. “[Al-]Sudani is betting Iraq’s ... Read More

GDP Report: Economy Grew by 3.4% in Fourth Quarter of 2023

Here is a list of our partners and here's how we make money. The U.S. GDP grew ... 1% annual rate of growth in Q1 2023. How did GDP in 2023 compare to recent years? In 2020, at the beginning of ... Read More

Brunei: Domestic economy grew 2.6pc in first half of 2020; no new Covid-19 cases

BANDAR SERI BEGAWAN, Jan 2 (Borneo Bulletin/ANN): The domestic economy grew by 2.6 per cent year ... statement for the second half of 2020. AMBD’s inflation forecast for 2020 remains in the ... Read More

Thailand’s economy stumbles as Philippines, Vietnam, Indonesia race ahead

Thailand’s economy grew just 1.9 percent last year ... Move Forward Party deputy leader Sirikanya Tansakul told Al Jazeera. “With the big cash handout scheme, he faces legal risks from ... Read More

Latin America's second economy grew 12% in third quarter but still 8,6%, below year to year

Mexico’s economy contracted 8.5% in 2020 ... economic contraction, worsened due to the Covid-19’s pandemic. Latin America's second economy, the gross domestic product grew 3.1% in the final ... Read More

Rwanda's economy grew 8.2% in 2023

Rwanda's Gross Domestic Product (GDP) grew by 8.2 per ... the economy to grow at 6.2 per cent in 2023. ALSO READ: Rwanda registers double-digit growth as more sectors recover from Covid-19 Despite ... Read More

China’s economy expanded 5.2% last year, hitting the government’s target

The growth for 2023 is likely helped by 2022’s GDP of just 3% as China’s economy slowed due to COVID ... grew at 5.2% compared to the same time last year. On a quarterly basis, the economy ... Read More