Discover how GDP and GPI together offer a clearer insight into a country's economic prosperity and well-being beyond traditional metrics.

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final... Can we just change how we measure GDP? There's one ...

GDP doesn’t measure what we should care about, say critics. Is that true?

“Measurement theory shows that strong assumptions are required for certain statistics to provide meaningful information about reality. Measurement theory encourages people to think about the meaning ...

“GDP has become something of a talisman. When GDP is growing, it gives people and companies hope, and when it declines, governments pull out all the policy stops to reverse the trend.” —World Economic ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...

Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...