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 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 ...
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How to Calculate the GDP of a Country
The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a specific period, usually a quarter or a year. Its greatest use is as a ...
The NBS has proposed 2019 as a new GDP base year and 2024 as the new base year for inflation computation. NBS made this known during a sensitisation workshop on GDP and Consumer Price Index (CPI) ...
BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the country's domestic gross product calculation method by including contribution from heath care, tourism and new ...
Kwara State Governor AbdulRahman AbdulRazaq at the weekend explained the rationale behind his administration’s move to compute and compile the state’s Gross Domestic Product (GDP) for the first time ...
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