India’s retail inflation eased sharply to 0.25 per cent in October, marking the lowest year-on-year rate recorded in the ...

In 2025, the U.S. leads in real GDP with $23.83 trillion, approximately 23% lower than its nominal GDP of $30 trillion. Since 2024, its real GDP has grown modestly by 2.02%, up from $23.36 trillion.

How do you get from Nominal GDP to Real GDP? The Bureau of Economic Analysis (BEA) uses its own GDP Deflator for this purpose. In a recent commentary Rick Davis, the founder of Consumer Metrics ...

Lagos, Nigeria — Nigeria’s statistical agency on Thursday said it will add illegal and hidden economic activities while calculating the GDP of an African powerhouse where corruption and black ...

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 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gross national product (GNP) is a slightly ...