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.
Gerd Altmann/Pixabay.com (CC0-PD) Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and services a country produces. Gross National Income (GNI) includes ...
Economics is no different. Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports ...
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 ...
The ratio compares a country’s debt to its annual economic output (gross domestic product). The higher a country’s debt-to-GDP ratio, the less likely it is to be able to pay off its debts in a ...