so we annualize it using the following formula: g₍annual₎ = (1 + g₍quarterly₎)⁴ – 1 Image source: The Motley Fool. The annual rate is equivalent to the growth rate over a year if GDP ...

The GDP growth rate is a crucial economic indicator that has been used for economic growth and development. GDP is calculated based on three main methods: production, expenditure, and income ...

President Donald Trump's tariffs have been slow to affect hard economic data, but that could change Wednesday when the import ...

So, the rate of growth of GDP for 2023-24 gets revised from 8.2 per cent (provisional estimate) to 9.2 per cent, (final figure) — a big jump. There is revision in the growth rate from ...