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 gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a specific period, usually a quarter or a year. Its greatest use is as a ...
David and Carola specifically discuss the history of inflation in the US, the advantages of adopting a nominal GDP targeting regime, what to expect from the Fed’s upcoming framework review, and more.
The Ministry of Statistics and Programme Implementation (MoSPI) on January 7 released the first advance estimates of India’s gross domestic product (GDP) for FY26. The estimates peg real GDP growth at ...
“With its nominal GDP crossing $4.19 trillion, India has become the world’s fourth-largest economy. Yet, its GDP per capita tells a contrasting story, highlighting the gap between overall growth and ...