Its greatest use is as a point of comparison; for example, to determine if the nation's economy grew or contracted compared ...
Gross domestic product, or GDP, is a measure of a country's economic output over a certain time period—usually a year. GDP is looked to as a primary indicator of a country's economic health.
A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...
Sanghnomics: The relevance of GDP as a measure of prosperity is questioned by experts, highlighting its limitations in ...
You can also calculate GDP by adding up all of the money spent within an economy (expenditures) by consumers, industries and ...