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 ...

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

Discover why GDP is crucial for measuring economic health and growth. Learn how it guides policymakers, investors, and ...