China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

Howard Lutnick, the U.S. Commerce Secretary, has expressed his intent to exclude government spending from the gross domestic product (GDP) calculations. What Happened: Lutnick argued that government ...

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 ...

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...

The Finance Ministry on Friday dismissed the criticism of inflated GDP saying it has followed the consistent practice of using the income side estimates to compute economic growth, and stressed many ...

In 2023-24 we see that the difference between GDP and consumption has increased to 4.5 percentage points. Since the release of the GDP (Gross Domestic Product) estimates for third quarter (Q3) 2023-24 ...

The Finance Ministry on September 15 scotched aspersions cast by “certain sections” on the credibility of Indian GDP data, which showed a 7.8% uptick in the first quarter of this year, stressing that ...

Poonkulali Thangavelu has worked 10+ years as a writer and editor covering investment, personal finance, and mortgage-related topics. Suzanne is a content marketer, writer, and fact-checker. She holds ...