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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
v. t. e. Gross Domestic Product ( GDP) is a monetary measure of the market value [2] of all the final goods and services produced and rendered in a specific time period by a country [3] or countries. [4] [5] [6] GDP is often used to measure the economic health of a country or region. [3] Definitions of GDP are maintained by several national and ...
The gross national income ( GNI ), previously known as gross national product ( GNP ), is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product ( GDP ), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents. [2] : 44.
List of countries by GDP (PPP) per person employed. This is a list of countries by their gross domestic product at purchasing power parity per person currently employed . International Labour Organization (2020−2022) CIA World Factbook [1] [2] Rank. Country.
Quarter-to-quarter, the preliminary seasonally adjusted gross domestic product, or GDP, a measure of the value of a nation’s products and services, slipped 0.5% in the January-March period ...
The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and services — expanded at a 1.6% rate last quarter. The first quarter's ...
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
Gross domestic product increased at a 1.6% annualized rate last quarter, the Commerce Department said in its advance estimate on Thursday. Economists polled by Reuters had forecast GDP rising at a ...