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.

That means, for example, that a baker who produces a loaf of bread for a customer would contribute to GDP, but would not contribute to GDP if he baked the same loaf for his family. Moreover, “gross” ...

Gerd Altmann/Pixabay.com (CC0-PD) Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and services a country produces. Gross National Income (GNI) includes ...

Gross Domestic Product, or GDP, for instance, is one of the most commonly followed economic indicators. It is a measure of a country’s total economic output over a certain period (usually a year ...