The latest key business cycle indicators for the Republic of Korea appear to be foreshadowing an impending economic decline for the Asian country noted for its electronics exports. South Korea’s Gross Domestic Product (GDP) on a Purchasing Power Parity (PPP) basis did expand in October 2019 increasing at a respectable annual rate of 3.8%. Still, South Korea’s economy is … [Read more...] about South Korea Business Cycle Indicators Report
Indonesia Business Cycle Indicators Report
Indonesia’s economy is relatively healthy. Nevertheless some of its key business cycle indicators suggest that there may be some dark clouds on the horizon for the densely populated Asian nation. But at this point, the Republic of Indonesia’s bottom-line Gross Domestic Product (GDP) performance on a Purchasing Power Parity (PPP) basis grew by a respectable 6.9% from October … [Read more...] about Indonesia Business Cycle Indicators Report
Household Debt for Top 25 Richest Countries
Australia, Canada and the Netherlands have the most indebted ratios of household debt compared to each country’s Gross Domestic Product in 2019. This report compares essential metrics for the household debt carried by consumers in 25 of the world’s richest countries. Household debt means total liabilities requiring interest or principal payments by households to creditors at … [Read more...] about Household Debt for Top 25 Richest Countries