As such, it's worth knowing what the headline statistic — the annual growth rate in real GDP — represents. Let's take a closer look at how to calculate ... the following formula: g₍annual ...

GDP may be adjusted for inflation and population to provide deeper insights. Real GDP accounts for inflation ... The net exports formula subtracts total exports from total imports (NX = Exports ...

As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...