Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.

The outgoing GDP series, adopted in 2015, led to controversy. But, even with the new series, questions arise about the data and rising 'discrepancies', which officially capture the gap in calculations ...

The Ministry of Statistics and Programme Implementation (MoSPI) last week released the economic growth data for the first quarter - covering months of April, May and June of the current financial year ...

The UK economy grew a “flat” 0.1 per cent between October and December last year, according to official figures. Analysts predictions varied, with some expecting a 0.2 per cent rise in GDP, and others ...

India’s GDP has grown at a robust 8.2% in the second quarter of the financial year - a number that beats all estimates by economists and even the RBI. The six-quarter high real GDP growth is expected ...

Despite urban centres generating a large share of GDP and government revenue, the devolution of funds to urban local bodies remains limited, with transfers continuing at around 0.13% of GDP. The 16th ...

MINSK, 1 November (BelTA) - First Deputy Chairwoman of the National Statistical Committee Yelena Kukharevich explained why the World Bank revised the GDP forecast for Belarus upward in a new episode ...

India is set to release a revised GDP series with FY23 as the new base year, replacing 2011-12. The overhaul brings sharper inflation adjustments, double deflation in manufacturing, and hundreds of ...