Gross Domestic Product popularly known as (GDP) is a measure mainly used as a yardstick to gauge the economic growth of a country. Calculation of GDP: The calculation can be done in one of two ways: ...

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 ...

The production approach sums the “value-added” at each stage of production, where value-added is defined as total sales less the value of intermediate inputs into the production process. For example, ...

Gross Domestic Product or GDP represents the total value of all the final goods and services that are produced within a country's borders within a particular time period, typically a year or a quarter ...

IN a May 12 Nassau Guardian article, several quotes about the economic impact of Junkanoo Carnival in The Bahamas are attributed to Paul Major. This overall economic impact is to be measured by what ...

The finance ministry dismissed the criticism around the recently released GDP data. In its latest X post, the ministry said "Critics want to latch on to anything that does not paint the Indian economy ...

The country real GDP is projected to grow 6.5% in the current fiscal year, according to the Reserve Bank of India. (IE) In the backdrop of the debate around the accuracy of the April-June GDP data, ...

India is likely to have clarity on base year revision for key metrics that ascertain growth, inflation and factory output by the end of the fiscal, sources familiar with the developments informed ...

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 ...