Stats Gate

A recent analysis by Banco de Portugal (BdP) has highlighted significant disparities in the distribution of household savings across income levels. The central bank's findings reveal that more than 55% of the nation's savings are held by the wealthiest 20% of families, underscoring the unequal distribution of financial resources. The...

Economic growth in the Gulf Cooperation Council (GCC) countries is projected to gain momentum, with average expansion forecasted at 3.7% in 2024, rising to 4.5% in 2025, according to projections by the GCC Statistical Center (GCC-Stat) in Muscat. The growth is expected to moderate slightly to 3.5% in 2026, primarily...

The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has projected a 2.4% economic growth rate for the region in 2025, citing domestic consumption as the primary driver. This updated forecast marks a slight increase from the 2.3% estimate made in August, although ECLAC described the region’s...

Connecticut undeniably ranks first with the highest expenditure on higher education, investing an impressive $1,734 per person holding a bachelor's degree or higher. New Jersey and Illinois claim the second and third spots, respectively, demonstrating significant commitment to educational funding. Meanwhile, Florida ranks bottom, allocating a mere $572 per person...

Identity theft and fraud are urgent issues that demand immediate attention, as they affect millions of Americans. The statistics show just how dire the situation is: in 2023, the Federal Trade Commission (FTC) recorded nearly 5.4 million complaints related to these crimes—an appalling average of 14,773 reports every single day....

The Digital Transformation followed the Industrial Revolution, and now we find ourselves amid a remote work revolution. With employees seeking greater flexibility, companies worldwide are reevaluating their business models to attract and retain top talent. As a result, various sectors, job roles, and countries are quickly adapting to a future...

The "Fall 2024 Fortune/Deloitte CEO Survey" reveals a sharp uptick in CEO confidence regarding the global economy, marking a significant improvement from the summer survey. This optimism appears to be driven by factors such as expectations of a favorable tax environment, reduced regulation, and support for mergers and acquisitions (M&A)....

A recent KPMG survey of over 1,300 corporate leaders worldwide reveals a surprising optimism among CEOs, even as global economic confidence wanes. Despite the economic pressures, an overwhelming 92% of CEOs plan to expand their workforce over the next three years, a level of hiring enthusiasm not seen since 2020....

PwC’s latest annual global CEO survey reveals that 81% of African CEOs implemented significant changes to their business models in 2023, surpassing the global average of 76%. This trend underscores a proactive approach to navigating an increasingly complex global business environment. PwC observed that the challenges and opportunities faced by...

As inflation and operational expenses continue to rise, CFOs are increasingly stepping into the tech decision-making arena to ensure better business outcomes. Traditionally, finance and IT departments operated independently, but new research highlights a growing collaboration between CFOs and CIOs. Despite occasional friction, both roles agree that their partnership is...