GDP tomorrow morning.
Real GDP Since Q1 of 2020:
Florida +19.9%
Texas +15.4%
California+10.5%
US +9.7%
New York +4.4%

⚠️ JUST IN:

*CHINA Q1 GDP RISES 5.3% Y/Y; EST. 4.8%; PREV. 5.2%

🇨🇳🇨🇳

GDP projection by IMF & Goldman Sachs:

🇨🇳 China GDP:

2024: $18.53 trillion
2028: $27.4 trillion
2075: $57 trillion

🇮🇳 India GDP:

2024: $3.94 trillion
2028: $5.5 trillion
2075: $52.5 trillion

🇺🇲 US GDP:

2024: $28.78 trillion
2028: $32.3 trillion
2075: $51.5 trillion

🇮🇩

Bank of Canada expects housing to have 0.4% contribution to GDP this year, and 0.6% next year.

Major global financial institutions have upgraded their forecasts for China’s GDP growth in 2024, a signal of surging international confidence in China’s economic outlook 📈 and a strong rebuttal to the “Peak China” rhetoric.
✅ ADB: 4.5% to 4.8%
✅ Goldman Sachs: 4.8% to 5%
✅

Bangalore, India's international airport

🇮🇳's travel and tourism industry in 2022 contributed $190 billion+ to its GDP

Pakistan's airports put off even the most passionate, patriotic local
gives a bad first impression to any tourist

In the world:

🌍 250 million children and youth are out of school.
💰 70% of countries allocate less than 4% of their GDP to education.
📖 763 million adults lack basic literacy and numeracy skills.

Let us stand together for universal #Education ! unesco.org/en/education

In 2025, India is projected to surpass Japan as the world's fourth-largest economy, with an estimated GDP of $4.3398 trillion, according to the IMF report.

THE US NATIONAL DEBT HAS BEEN SKYROCKETING

The US federal debt spiked by $11 trillion in the last 4 years.

This is the size of 40% of the US economy (GDP).

It is shocking considering that reaching the first $11 trillion took 220 years.

But does it actually matter?
🧵1/11

This week's Trade Fact: IMF' new World Economic Outlook shows U.S. GDP up $1.4 trillion in 2024- nearly 1/3 of the world's $4.7 trillion, and > than China + EU growth combined. Plus two takes on 'all the money in the world': progressivepolicy.org/blogs/trade-fa…

4/26発表の米国1Q GDP予想は2.5%ですが
GDP now では2.9%
為替が155円突破の可能性

Great news from China🇨🇳!
China GDP up 5.3%,
Retail sales up 3.1% &
Industrial production up 4.5%

Lady in green, 'One of the reasons why the country can't afford the green policies we would like is because following Brexit, we have a 4% drop in GDP.. And the country is much poorer after Brexit' #BBCQT

India Aims to Emulate Chinese Strategy

To the surprise of many, India currently boasts the fastest-growing economy in the world. In 2023, the country’s GDP grew by 8.4%. By 2027, it is projected to become the third-largest economy globally. If this trend continues, India might

Govts in France and Italy still have elevated deficits and will soon land in the EU's Excessive Deficit Procedure, requiring them to hit a deficit of 3% of GDP within 4 years. Both have elections sooner than that. But the credibility of the EU's new fiscal rules depends on this.

Nigeria's population is more than 4 times Colombia's population. GDP is a useless measure in itself without seeing other conditions. India isn't better than France just because India's GDP is far more.

'No money for the NHS' meanwhile in reality-

Public expenditure on health care % of GDP (2023)-
🇬🇧 9.2%
🇫🇷 8.4%
🇦🇹 7.8%
🇩🇪 7.7%
🇨🇾 7.5%
🇩🇰 7.0%
🇫🇮 6.2%
🇧🇪 6.1%
🇮🇹 6.1%
🇨🇿 5.9%
🇳🇱 5.8%
🇪🇸 5.8%
🇵🇹 5.8%
🇭🇷 5.7%
🇱🇻 5.5%
🇪🇪 5.1%
🇬🇷 5.1%
🇲🇹 5.0%
🇵🇱 4.4%
🇧🇬 4.4%
🇱🇹 4.3%
🇮🇪 4.0%
🇱🇺 4.0%

Mike Lee That’s less than 0.4% of our GDP. Slava Ukraini

#NAFO how do I say GFY in Ukrainian?