Discover why gross national income may be a better economic metric than gross domestic product when a country receives ...

Economics is no different. Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports ...

The author and editors take ultimate responsibility for the content. Gross Domestic Product, or GDP, is a measurement of economic output. It’s the total value of all the finished goods and ...

Russia's gross domestic product (GDP) grew by 3.1% in the third quarter of 2024, down from a 4.1% annual rise in the second ...

While robust consumer spending helped drive growth, a new Utah poll finds voters believe economy headed wrong direction.

The Commerce Department said Wednesday that U.S. gross domestic product, the broadest measure of economic output, expanded at ...

The U.S. economy continued its recent strong stretch this summer, bolstered by hefty consumer and government spending.

Canada’s economy grew at a faster pace than initially estimated over the last three years, according to annual revisions by ...

For the first time since 2009, the U.S. gross domestic product was negative for two quarters in a row. After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second ...

A report released by the Commerce Department on Wednesday showed U.S. economic growth unexpectedly slowed in the third quarter. The ...

× Zoomable Statistic: Select the range in the chart you want to zoom in on. Share of economic sectors in the GDP in the Kyrgyz Republic 2022 Median age of the population in the Kyrgyz Republic ...

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.