Discover why GDP is crucial for measuring economic health and growth. Learn how it guides policymakers, investors, and ...

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

The International Comparison Program (ICP) comparisons of gross domestic product (GDP) are based on the value of an individual item equaling the product of its price and quantity (that is, the ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...

At its core, GDP is a simple accounting identity. The Bureau of Economic Analysis defines it as the sum of consumption (C), investment (I), government spending (G), and net exports (NX). The formula ...