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

GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...

There's a little bit of confusion over India's GDP growth statistics at present. The country recently changed the way that it calculates this number and while there are, obviously, the usual teething ...

BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the way it calculates the country's gross domestic product by including contributions from health care, tourism and ...

The government has decided to reform the methods used for calculating the Consumer Price Index (CPI) and Gross Domestic ...

Is India’s GDP calculation now a statistical sleight of hand? The GDP is perhaps the most sacred number produced by a country’s statistical system. It is supposed to be the summary of all that an ...

Kwara State Governor AbdulRahman AbdulRazaq at the weekend explained the rationale behind his administration’s move to compute and compile the state’s Gross Domestic Product (GDP) for the first time ...

The base year of the country's gross domestic product (GDP) calculation will be changed in the next fiscal year. The fiscal year FY26 is being set as the new base year. As a result, it is believed ...