Reviewed by Robert C. Kelly Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and ...

Gross domestic product, or GDP, is a measure of a ... Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. In other words, it doesn ...

One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers ... GDP is composed of goods and services produced for sale in the market and also includes some ...

These include consumers, businesses ... China had the second-largest GDP at $17.8 trillion. The Bottom Line Gross domestic product (GDP) is an important economic indicator of a nation that estimates ...