Often measured by GDP (gross domestic product), the size of an economy is often defined by the total value of all the goods and services produced the borders of a given country. This gives us a nice, ...

Dividing the nominal GDP by the deflator removes the effects of inflation. For example, if an economy's prices have increased by 1% since the base year, the deflating number is 1.01. If nominal ...

Find out how GDP can help measure the health of a country’s economy Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives ...

Are tariffs inflationary? Who will shoulder the increased cost? Will tariffs cause a recession? How do tariffs affect ...

This is why economists, analysts, and politicians often consider other measurements in addition to GDP. For example, if a country has a high overall GDP but a low per-capita GDP, significant ...

For example, Mao’s disastrous Great Leap Forward, from 1958 to 1962, brought China’s economy to its lowest of lows, at the cost of millions of lives. The World Bank’s annual percentage GDP ...

The limit of GDP as a measure of economic welfare is that it records, largely, monetary transactions at their market prices. This measure does not include, for example, environmental externalities ...

A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...