Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.

Most measures of economic performance used by government officials to inform their policies and decisions are based on gross-domestic-product figures. But concerns have long been raised that GDP-based ...

BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the way it calculates the country's gross domestic product by including contributions from health care, tourism and ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data. Here’s what it means for growth and policy.

India’s upcoming gross domestic product (GDP) series will rely far more heavily on digital and administrative data and updated survey-based methodologies, marking a significant shift away from older ...

This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...

Figures for the level and rate of growth of gross domestic product (GDP) are quoted ubiquitously, including in this magazine. They are widely agreed to tell us something of importance. But there is a ...

Under previous methods, low nominal ‌GDP growth alongside low wholesale inflation created discrepancies by translating into ...

I discuss the importance of understanding where the economy is in the business cycle for investors, highlighting the difficulty in predicting recessions. I suggest that GDPplus, a model introduced by ...