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

Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...

Most measures of economic performance used by government officials to inform their policies and decisions are based on gross-domestic-product figures. But concerns have long been raised that GDP-based ...

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

This last piece in a 5-article series, adapted from a speech I gave at a BritishAmerican Business virtual conference in September, suggests that while GDP has served a useful purpose in terms of ...

The government has introduced wide-ranging methodological changes to measure gross domestic product (GDP) and allied numbers by heeding to the criticism over earlier single deflator method, which gave ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data. Here’s what it means for growth and policy.

India’s upcoming gross domestic product (GDP) series will rely far more heavily on digital and administrative data and updated survey-based methodologies, marking a significant shift away from older ...

After more than a decade of questions and debates, India is set to finally get an updated gauge of its GDP, with the Ministry of Statistics and Programme Implementation (MoSPI) set to unveil the new ...