scorecardresearchWhat is GDP?

What is GDP?

Updated: 28 Dec 2022, 11:27 AM IST
TL;DR.

The monetary worth of all finished goods and services produced inside a country during a certain period is known as the gross domestic product (GDP). Despite its shortcomings, GDP is an important tool for policymakers, investors, and corporations to use when making strategic decisions.

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First Published: 28 Dec 2022, 08:57 AM IST