It does not factor taxes and subsidies. A new indicator called GDP deflator is derived by dividing nominal GDP by real GDP. It is a measure of price changes in the economy. Also See: Gross National ...

These names have become increasingly popular in recent years as they offer a unique cultural fusion and often have beautiful meanings and origins. Choosing a name for a newborn child is an important ...

This way, it is possible to compare a country’s GDP from one year to another and see if there is any real growth. Real GDP is calculated using a GDP price deflator, which is the difference in ...

To do so, you need to use a price index, such as the consumer price index (CPI) or the GDP deflator, which measures the change in prices over time. You can divide the nominal GDP by the price ...

Provides files to download data as it existed for this dataset on previous dates. Statistics are most often revised for 1 of 2 reasons: For certain statistics initial estimates are released with the ...

Most economists, politicians and businesses like to see GDP rising steadily, because it usually means people are spending more, extra jobs are created, more tax is paid and workers get better pay ...

Between the lines: By convention, GDP is reported in real terms, meaning it's adjusted for inflation ... Why it matters: Endemic Chinese deflation — the GDP deflator, the broadest measure ...

stood at 3.6% in 2023, according to the second estimate of the Federal State Statistical Service (Rosstat).The GDP in current prices amounted to 172.148 trillion rubles ($1.88 trillion). The GDP ...

Maharashtra Chief Minister Eknath Shinde on Wednesday praised NDTV and said that the news network means "trust". Speaking at the launch of NDTV's new regional channel, NDTV Marathi, Mr Shinde said ...