GDP stands for Gross Domestic Product, which measures a country's goods and services produced yearly. Its population must also be considered to get a clearer picture of how rich or poor a country is.
GDP per capita is a critical measure used to assess the economic well-being of individuals in a country, as it represents the ...
The countries most affected by climate change are poor, rely heavily on agriculture for income, and are vulnerable to extreme weather -- but they are also the least responsible for the greenhouse ...
Globally, countries imposed five times as many new trade barriers last year as in the decade before the pandemic. Amid this less hospitable climate, poor countries trying to advance into the ranks ...
In 1996 the IMF and the World Bank launched an initiative aimed at reducing the debt burden for some 41 heavily indebted poor countries (HIPC), whose total debts amount to about 10% of the Third World ...
In the 1960s, GDP per capita was comparable with levels in the poorest countries in the world. In 2004, South Korea's GDP surpassed one trillion dollars. Beginning in the 1960s under President ...