Gross domestic product, or GDP, is a measure of a country's economic output over a certain time period—usually a year. GDP is looked to as a primary indicator of a country's economic health.

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 ...

Investopedia / Mira Norian Gross domestic product (GDP) per capita is an economic metric that breaks down a country's economic output to a per person allocation. Economists use GDP per capita to ...

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 ...

A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...

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For example, the adjective “final” in the above GDP definition means no double counting. The hamburger we buy at the drive-up window is counted, but not the wheat and flour that went into the ...

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