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emerging markets
Business / 15 weeks ago
Countries richer than the global average
Although the global average for GDP per capita at purchasing power parity (PPP) is estimated at roughly $24,250 in both 2024 and 2025, there are a few nations that surprisingly exceed the global average. According to the latest estimates from the International Monetary Fund (IMF) and the World Bank, countries exceeding the global PPP average span several regions.
Culture / 34 weeks ago
The global pizza phenomenon: Understanding the world's growing appetite for pizza
Pizza is no longer just a staple of Italian cuisine—it’s a universal comfort food, embraced across continents and cultures. Its versatility, ease of customisation, and nostalgic value make it a go-to option for consumers of all ages. Innova Market Insights notes that pizza consumption is not only increasing in traditional markets like North America and Europe but also gaining traction in emerging markets such as Asia-Pacific and Latin America.
Business / 38 weeks ago
China, India projected to be the world's top economies in 2075
According to projections by Goldman Sachs, the global economic landscape is expected to grow by more than four times, reaching $280 trillion by 2075, with emerging markets, particularly in Asia and Africa, ascending in economic prominence. Based on real GDP measured in 2021 U.S. dollars, the outfit's analysis anticipates the following rankings for the world's largest economies by 2075:
