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

The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

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 ...

Unlike the 2015 exercise, economists are largely satisfied with the 2022-23 base year GDP series, with initial assessments ...

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 ...

Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ...

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 ...

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 ...

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 ...