Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.
The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a specific period, usually a quarter or a year. Its greatest use is as a ...
A revised GDP series with 2022–23 as the base year will be released on February 27, along with updated historical data covering the previous four years.
Discover why GDP is crucial for measuring economic health and growth. Learn how it guides policymakers, investors, and ...