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IMF

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Business / 9 weeks ago

How many years of work does it take to buy one bitcoin?

In 2025, Bitcoin has once again captured headlines as prices remain near historic highs. According to data from the IMF’s 2025 World Economic Outlook, the number of years an average worker would need to save to buy a single Bitcoin ranges from just one year in the richest countries to over four decades in the poorest. This visualisation is as much about global inequality as it is about crypto adoption. In North America, Western Europe, and parts of Asia, where incomes are highest, the cost of one Bitcoin is roughly equivalent to one to three years of earnings.

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Business / 19 weeks ago

Global South economies to watch in 2025

The International Monetary Fund (IMF) has released its 2025 World Economic Outlook which spotlights the Global South as a crucial engine of global economic momentum. Amidst modest global growth, the IMF forecasts that several developing economies are poised for significant expansion in 2025, with India, Argentina, and Indonesia leading the pack.

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Business / 37 weeks ago

The biggest growth drivers of Asia's economy in 2025

According to the International Monetary Fund (IMF), global growth will be 3.3% in 2025, with Asia expected to be a key growth driver. China tops Asia's economic charts, with Japan and India following closely. Together, these three nations command a substantial 66.2% share of the continent’s economy. South Korea and Indonesia round out the top five, while the leading eight economies collectively account for 82% of Asia's total economic output. Conversely, Timor-Leste represents the smallest economy in the region.

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Business / 1 year ago

Top 5 largest economies in Africa in 2024

The International Monetary Fund (IMF) has released its latest projections for the largest economies in Africa for 2024. These rankings are based on Gross Domestic Product (GDP) at current prices, reflecting the economic strength and growth potential of each country.

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