There are two ways to calculate a nation's gross domestic product (GDP): by adding up all of the money spent or all of the ...

Real gross domestic product (GDP) gives a clearer picture of economic output than nominal GDP as it adjusts the numbers for inflation or deflation.

When comparing the GDP of two or more years, real GDP is used. This is because, in effect, the removal of the influence of inflation allows the comparison of the different years to focus solely on ...

Gross Domestic Product (GDP) is the primary measure used worldwide to assess the economic health of a nation. It represents ...

Moreover, figuring out how much a change in GDP, which is measured in current dollars (or other national currencies), represents a real change in the amount of goods and services available to ...

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 ...