By Richmond Kwame FRIMPONGThe trade-to-GDP ratio measures the relative importance of international trade in the economy of a country. As a percentage metric, it is calculated by dividing the aggregate ...

The Centre from financial year 2026-27 will target a fiscal deficit that will bring down its debt-to-GDP ratio in the ... and reporting on finance and trade ministries for over eight years.

At the forefront of this legislative intent is the “tax-to-GDP” ratio, which has grown to an all-time high of 6.64 percent for FY 2023-24, a crucial measure of fiscal health, reflecting the ...

Outlining a new fiscal consolidation roadmap, the Union Budget 2025-26 has said the aim would be to keep the fiscal deficit in such a manner that the Central government debt is reduced to about 50 ...

unlike the start of the cold war when goods trade to GDP was 16%; now that ratio is 45%. Less trade implies less knowledge diffusion, a key benefit of integration, which could also be reduced by ...

The survey document highlighted that the BSE market capitalisation to GDP ratio stood at 136 per cent at the end of December 2024, rising significantly over the last 10 years. This is far higher ...

AS at June 2024, household debt in Malaysia reached RM1.57 trillion, with the aggregate household debt-to-gross domestic product ratio remaining broadly stable at 83.8%. This was primarily ...

The government is set to reduce the debt-GDP ratio to 50 per cent by March 2031 from the current 57.1 per cent, with Finance Minister Nirmala Sitharaman outlining a plan to lower the fiscal deficit to ...

real estate and wholesale trade. GDP, a broad measure of goods and services produced across the economy, declined 0.2% in November from the month before to 2.272 trillion Canadian dollars ...

As expected, Finance Minister Nirmala Sitharaman in her FY26 Budget announced a new glide path with debt to gross domestic product (GDP) ratio as the fiscal anchor, moving away from the current ...

IN A significant shift from having fiscal deficit as the only operational target for fiscal consolidation, the central government has detailed the shift towards “debt-GDP ratio” as the fiscal anchor ...

India's finance minister announced a new roadmap to reduce the debt-GDP ratio to 50% by FY31. This strategy involves a phased approach to fiscal consolidation, with a focus on maintaining a declining ...