What is GDP? plz explane.
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Gross domestic product is the best way to measure a country's economy. GDP is the total value of everything produced by all the people and companies in the country. It doesn't matter if they are citizens or foreign-owned companies. If they are located within the country's boundaries, the government counts their production as GDP. The only exception is the shadow or black economy.
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GDP full form is Gross Domestic product .
➡✨GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons.✨
➡✨GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons.✨
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