MINSK, 22 August (BelTA) – Belarus’ National Statistical Committee (Belstat) is to improve its GDP calculation methods, Chairwoman of the National Statistical Committee Inna Medvedeva told BelTA. A ...

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 ...

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 ...

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 the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...

Real GDP in India is calculated by adjusting nominal growth figures for inflation through the use of price indices. (AI image) India is set to release its first set of GDP or Gross Domestic Product ...

Here's a striking chart, from a 2014 Journal of Economic Perspectives article 1520464250646 by Brookings Institution economists Martin Neil Baily and Barry P. Bosworth on the state of manufacturing in ...