Definition: GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP growth rate is an important ...

Definition: Real GDP is the nominal GDP after adjusting for any price changes attributable to either inflation or deflation. Description: Nominal GDP or the GDP at current price can present a ...

The 63 Statistical Annex Tables from the latest Global Economic Outlook, June 2017 are available in Excel ... Foreign balance contributions to changes in real GDP Annex Table 10. Quarterly demand and ...

But the big reductions in business taxation announced in the Autumn Statement mean the economy is now well placed to start growing again" We look in more detail about why GDP fell in October ...

Being diagnosed with cancer, and surviving, for example, illustrates one limitation of gross domestic product as an indicator of the performance of an economy ... the above GDP definition means ...

Most economists, politicians and businesses like to see gross domestic product (GDP) overall rising steadily because it usually means people are spending more, extra jobs are created, more tax is ...

which accounts for about one-quarter of China's GDP. "The recent economic recovery has been driven by exports. I think it is a two-speed economy," said Raymond Yeung, the chief China economist at ...

The UK economy grew slightly in February increasing hopes it is on its way out of recession. The economy grew by 0.1%, official figures show, boosted by production and manufacturing in areas such ...