Gross Domestic Product (GDP)

By | 2017-09-13T14:29:20+00:00 13th September 2017|

Gross domestic product (GDP) is the total sum of all the finished goods and services produced in a country in a specific time period. It is usually calculated quarterly and annually, on a more comprehensive basis. The growth of GDP in a time period is followed very closely as an economic indicator by financial market participants. Dividing it by the population of a country allows comparison of ‘GDP per capita’ ratios.