what is the most common method of measuring the economy devolpement of a country
Answers
What is the functional difference between GDP and GNP?
Find out the difference between GDP and GNP, and how each brings a different perspective to the meaning of economic success. Read Answer >>
What is GDP and Why Is It So Important To Investors?
The gross domestic product (GDP) is one the primary indicators used to gauge the health of a country's economy. What does ... Read Answer >>
How does the United States government measure economic growth?
Find out how the Bureau of Labor Statistics and the Bureau of Economic Analysis measure economic growth in the United States ... Read Answer >>
How do you calculate GDP with the expenditures approach?
Learn how to calculate gross domestic product, or GDP, using the expenditures approach, also known as the measurement of ... Read Answer >>
How does gross domestic product (GDP) affect standard of living?
Find out how gross domestic product is used to measure standard of living. Find out which alternative metrics rely on GDP ... Read Answer >>
Is real GDP a better index of economic performance than GDP?
Learn why real GDP is a better index for expressing the output of an economy, as it takes into account the factors that distort ... Read Answer >>
RELATED ARTICLES
INSIGHTS
The GDP and its Importance
GDP is an accurate indication of an economy's size. Few data points can match the GDP and its growth rate's conciseness.
INSIGHTS
How to Calculate the GDP of a Country
The GDP of a country can be calculated using two different approaches. GDP or gross domestic product of a country provides a measure of the monetary value of the goods and services that country produces ...
INSIGHTS
Why GDP Is Not an Accurate Measure of the Economy
Is gross domestic product (GDP) an accurate measure of the strength or weakness of the U.S. economy?
INSIGHTS
How Is the GDP of India Calculated?
India is a front-runner among developing economies. Investopedia explains how India calculates its GDP, an indicator of economic health and performance.
INVESTING
Something Gross in GDP
GDP is used to gauge the strength of the economy, but what is it actually measuring?
INVESTING
Why GDP Can Grow at 3%: The Skeptics Are Wrong
Hard data including booming earnings show the economy will pick up steam
INSIGHTS
Healthiest And Safest European Economies
Economic indicators are to economists what symptoms are to doctors: signs of the relative well-being of the patient.
INSIGHTS
The 6 Fastest-Growing Economies
A look at the economic growth in several developing countries.
RELATED TERMS
Gross National Product (GNP) Deflator
Gross national product deflator is a economic metric that accounts ...
Real Economic Growth Rate
The real economic growth rate is measure of economic growth expressed ...
Nominal Gross Domestic Product
Nominal gross domestic product measures the value of all finished ...
Productivity
Productivity measures the efficiency of production in macroeconomics, ...
Economics
Economics is a branch of social science focused on the production, ...
Productivity And Costs
Productivity and costs refers to an economic data set that measures ...