The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...

The UK economy grew a “flat” 0.1 per cent between October and December last year, according to official figures. Analysts predictions varied, with some expecting a 0.2 per cent rise in GDP, and others ...

GDP PPP of any country reflects the overall purchasing power and cost of living, offering a clearer picture of a nation's economic reality. And when it comes to Asia, everyone knows how its economy is ...

MINSK, 1 November (BelTA) - First Deputy Chairwoman of the National Statistical Committee Yelena Kukharevich explained why the World Bank revised the GDP forecast for Belarus upward in a new episode ...