Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.

The National Statistical Office released a new GDP series with 2022-23 as the base year after an 11-year gap, amid public ...

But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...

Figures for the level and rate of growth of gross domestic product (GDP) are quoted ubiquitously, including in this magazine. They are widely agreed to tell us something of importance. But there is a ...

The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

After more than a decade of questions and debates, India is set to finally get an updated gauge of its GDP, with the Ministry ...

Reliable macroeconomic statistics are fundamental to economic governance. Last year, the IMF, even while revising India’s GDP ...