Gross domestic product, or GDP, is a measure of a country's economic output over a certain time period—usually a year. GDP is looked to as a primary indicator of a country's economic health.
Moreover, “gross” domestic product takes no account of the wear and tear on the ... The production approach sums the “value added” at each stage of production, where value added is defined as total ...
Reviewed by Robert C. Kelly Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and ...
Getty Images The gross domestic product (GDP) of a nation is an estimate of the total ... Actual GDP is a measurement in real-time, meaning a specific interval, and shows what the state of the economy ...
GDP stands for gross domestic product, and is a measure of all the economic activity of companies, governments and people in a country. In the UK, the Office of National Statistics (ONS ...
Gross domestic product (GDP) is a metric that measures the production level of a country’s economy, commonly defined as the total annual value of the goods and services produced in that country ...