PwC India's report projects India's GVA to reach $9.82 trillion by 2035, driven by a shift towards addressing core human and ...

U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, crucial data points that ...

All of this matters even more during periods of shifting global supply chains amid an active trade war and negotiations.

Turkey is one country that’s predicted to rise substantially in the rankings. Currently, it sits at a respectable position, ...

MINORITY Leader Kelvon Morris has slammed the Tobago House of Assembly (THA) for using what he described as misleading ...

The government may use different base years for calculating Gross Domestic Product (GDP) and retail inflation (measured through the Consumer Price Index), government sources told The New Indian ...

Time to Regain Confidence, leading Indian statisticians and economists gathered to discuss concerns about India’s economic data.

Instead of annualizing a quarterly rate, it's possible to calculate the year-on-year (YoY) annual rate, which is the percentage change in real GDP between a given quarter and the same quarter in ...

Learn what GDP is, its types like Nominal, Real, and PPP, and how it's calculated using production, expenditure, and income methods. Understand its importance, limitations, and sectoral contributions.

The method for calculating the housing services of urban residents has also been changed from the cost approach to the rental approach in the revision of GDP data released on Thursday.

The first method is based on economic activity (at factor cost), and the second is based on expenditure (at market prices). Further calculations are made to arrive at nominal GDP (using the ...