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How to Calculate the GDP of a Country
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 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 International Monetary Fund (IMF), in its annual staff report on India released Monday, raised doubts over India's methodology to calculate gross domestic product (GDP) numbers, saying certain ...
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