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

The Trump administration is suggesting a change in the way economic growth is measured, just as the economy appears poised to notch its worst performance since the pandemic-era shutdowns. On Monday, ...

GDP doesn’t measure what we should care about, say critics. Is that true?

Discover how GDP and GPI together offer a clearer insight into a country's economic prosperity and well-being beyond traditional metrics.

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 ...

The world needs to move towards an approach to measure well-being rather than economic growth. Here’s how that can happen. Gross domestic product (GDP) was never designed to be a measure of societal ...