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 ...

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Gross domestic product, or GDP, is a measure of a country's economic ... to GNP since both are based on nationality rather than geography. The difference is that, when calculating the total ...

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Defining the geographic scope of a market that may have national or broader borders can be a challenging process for competition agencies, especially in merger reviews and abuse of dominance cases.

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 ...

If a country’s D/GDP ratio is 100%, for instance, that would mean its annual economic output is approximately equal to its public debt. Alternatively, the D/GDP ratio can be expressed as a numeral.