In 2024, GCC economies experienced a shift towards non-oil sectors, accounting for over 70% of GDP despite a downturn in oil ...

Ravi Kant Having recently overtaken Japan with a population of 125 million, India with a population size of 1.46 billion has ...

GDP is calculated based on three main methods: production, expenditure, and income, and this GDP can be expressed in the following ways: nominal, real, or GDP per capita.

(May 26, 2011 Commentary) Rick goes on to show that the Real GDP reported by the BEA, 1.84% to two decimal places, shrinks to 0.56% if the Consumer Price Index were used as the deflator.

The real GDP is adjusted for inflation, while the nominal GDP is not. Potential GDP: The potential GDP is a theoretical number that estimates the output a country is capable of sustaining if ...

Between 1978 and 1981, nominal GDP grew at an annual average rate of 10.9% - real GDP averaged 1.8%, while inflation averaged 8.9%. Understanding this is the key to understanding Fed policy.

Using 2012-Q3's GDP as our base point, our forecasting method has come within 0.02% of the actual figure for nominal GDP that was reported in 2012-Q4, 2013-Q1 and 2013-Q2, or rather, the three ...

It is easy for us to forget that “real” GDP coming out of a recession was, in the past, often in excess of 5%. Thus, we would need a GDP deflator of -1.35% to create NGDP of 3.65%.

India's nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by cutting expenses ahead of national ...