The calculation of a country’s GDP encompasses all private and public consumption, government outlays, investments, additions to private inventories… See more

A country's GDP represents the final market value of all the products and services … See more

The GDP growth rate compares the year-over-year (or quarterly) change in a country’s economic output to measure how fast an economy is growing. Usually expressed … See more

GDP can be determined via three primary methods. All three methods should yield the same figure when correctly calculated. These three approaches are often termed the expendi… See more