Inflation plays a crucial role in GDP measurement by influencing consumer spending, production costs, and overall economic ...
Often measured by GDP (gross domestic product), the size of an economy is often defined by the total value of all the goods and services produced the borders of a given country. This gives us a nice, ...
Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...
If one expects sustainable growth above 7%, then India appears to have been in a structural slowdown for many years. But if one believes India’s sustainable growth potential is between 6% and 6.5%, ...
The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.
The upcoming Union Budget may peg India’s nominal GDP growth in the next financial year at 10.4%, higher than 9.7% projected for FY25, according to an FE poll of 16 economists. A 10.4% nominal ...
Prime Minister Christopher Luxon has taken aim at a “culture of saying no” in his State of the Nation address. Photo / NZME When Mahatma Gandhi was asked by a reporter what he thought of ...
The event, held Monday, attracted four of the five richest men globally, their combined wealth representing nearly one-third of India’s GDP, which stands at $3.55 trillion (nominal GDP in 2024: $3.89 ...
The recent advance growth estimates for FY25 released by the National Statistics Office showed that the FY25 nominal GDP may grow at a slower pace of 9.7 per cent than 10.5 per cent assumed in the ...
Ethiopia’s nominal GDP, measured in US dollars, fell drastically from $207 billion in June 2024 to $100 billion by September 2024, according to Ethiopia’s Ministry of Finance’s quarterly government ...
China’s economy grew 5% in 2024, driven by stimulus measures, strong exports, and high-tech investment, despite challenges like weak domestic demand and demographic pressures. Structural reforms and ...