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.

Mira Norian / Investopedia GDP per capita is a metric that indicates an economy's gross domestic product per person, used as a measure of prosperity. Gross domestic product (GDP) per capita is an ...

After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second quarter, according to the Bureau of Economic Analysis. Though the U.S. has met one common definition ...

This week, the Commerce Department announced the U.S. had experienced two consecutive quarters of negative GDP growth – meeting a common definition of a recession. But other economic factors ...

A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...

That’s a simple enough definition, but how do you calculate that massive number? An economics professor will tell you that GDP is equal to the total spending by consumers, total investment ...

Overall, the ICP methodology has three major components. The first is the System of National Accounts (SNA) definition of final expenditures on GDP. The second is the basket of goods and services from ...

GNP is related to another important economic measure called gross domestic product (GDP), which takes into account all output produced within a country's borders regardless of who owns the means ...