GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Robert Kelly is managing director of XTS Energy LLC, and has ...

Q: What is the difference between GDP and GNP? A: GDP is the market value of everything produced within a country; GNP is the value of what’s produced by a country’s residents, no matter where they ...

Q: What is the difference between GDP and GNP? A: GDP is the market value of everything produced within a country; GNP is the value of what’s produced by a country’s residents, no matter where they ...

Manoel Bittencourt works for University of Pretoria. He receives funding from NRF. He is affiliated with ERSA. To start with, let’s unpack what rebasing is – and what it is not – and then put this ...

How do you get from Nominal GDP to Real GDP? You subtract inflation. The Bureau of Economic Analysis (BEA) uses its own GDP deflator for this purpose, which is somewhat different from the BEA's ...

Note from dshort: With today's release of the Q4 GDP Second Estimate, I've spent some time updating my occasional analysis of the government's calculation of the Real GDP. How do you get from Nominal ...