Distinguishing Nominal GDP from Real GDP Nominal GDP is just the raw number – the total value of goods and services produced in a country, measured in current prices. The problem? Inflation. If prices ...

Economists use the real economic growth rate to measure how quickly a country's economy is growing. Learn the difference from the nominal GDP growth rate.

The Canadian economy edged lower in April as the manufacturing sector posted its largest drop since April 2021 in the face of U.S. tariffs. Statistics Canada said Friday that real gross domestic ...

Real gross domestic product (GDP) decreased at an annual rate of 0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of ...

An inflationary gap can occur due to increased consumer spending. Learn how it’s calculated and what affects it.

Europe is facing one of the greatest threats to peace and security on the continent since the end of World War II. Pedro Sánchez and his parliamentary partners boycott Spain's defense policy Sanchez ...

KUWAIT CITY: GDP per capita is widely used as a proxy for gauging a country’s average living standards. In broad terms, a higher GDP per capita indicates greater economic resources available per ...

India's economy showcased resilience with a 6.5 per cent growth in FY25, driven by services and construction, despite a slight moderation from previous years. Retail inflation eased significantly, ...

Several of the world’s wealthiest countries by this measure—including Luxembourg (#1), Ireland (#2), Switzerland (#3), Singapore (#4), the Netherlands (#11), and Hong Kong (#18)—are known for their ...