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Keywords: GDP


Spain raises 2025 GDP growth forecast to 2.9% ahead of 2026 budget

The Spanish government will raise its economic growth forecast for 2025 by two-tenths of a percentage point, bringing the projected GDP growth to 2.9%, sources from the Ministry of Economy confirmed to EFE on Monday. Minister of Economy, Carlos Cuerpo, will present the updated macroeconomic......

Japan’s economy contracts amid export slump and tariff pressures

Japan’s economy contracted by 1.8% on an annualized basis in the third quarter of 2025, marking its first decline in six quarters as US tariffs weighed heavily on exports. The quarter-on-quarter drop of 0.4% was milder than economists’......

World Bank lifts Morocco’s 2025 growth outlook to 4.4% as key sectors drive recovery

Morocco’s economy is expected to expand by 4.4% in 2025, according to the World Bank’s latest Regional Economic Outlook for the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP). The updated forecast highlights stronger-than-expected performance across agriculture, tourism, and......

United States: Q2 growth revised sharply upward to +3.8% annualized

The United States recorded an annualized GDP growth of 3.8% in the second quarter, according to an updated official estimate released Thursday, well above previous calculations and market expectations. The first estimate, published at the end of July, reported growth of 3%. It was later revised to 3.3%,......

Morocco’s economy records robust growth in early 2025

Morocco’s economy demonstrated strong momentum in the first quarter of 2025, with GDP expanding by 4.8%, significantly outpacing the 3% growth recorded during the same period in 2024. According to the High Commission for Planning (HCP), this growth was driven by a rebound in agriculture, robust......

Spain Pushes Back Against NATO’s 5 Percent Defense Spending Target

Spanish Prime Minister Pedro Sánchez has strongly rejected NATO’s proposed plan to require member states to allocate 5% of their GDP to defense spending by 2032. In a letter addressed to NATO Secretary General Mark Rutte, Sánchez argued that such a target is not only “unreasonable”......

Bank of Spain lowers 2025 growth forecast amid US tariff uncertainty

Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......

Economic turbulence: Trump navigates first-quarter contraction amid rising discontent

President Donald Trump is urging patience as he faces the fallout from a first-quarter economic contraction, alongside tariffs that have dented his popularity. In a recent address, he expressed optimism about an imminent resurgence in the U.S. economy. The U.S. Commerce Department's advance gross......

Morocco's economic growth forecast: 3.6% in 2025

Morocco's economy is set to grow by 3.6% in 2025, an increase from 3.2% in 2024, according to the World Bank's latest economic report titled "Prioritizing reforms to boost the business environment." This optimistic projection comes despite the adverse impact of droughts on agricultural......

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