Its greatest use is as a point of comparison; for example, to determine if the nation's economy grew or contracted compared ...
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 ...
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.