Gross domestic product

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Germany's GDP contracted by 10.1% in the second quarter of 2020, weaker-than-expected compared to the market expectations of a 9.0% contraction. "This was the sharpest decline since the quarterly GDP calculations for Germany began in 1970," the statistics office said. Moving ahead to the North American session, the US will release the last quarter GDP numbers. The world’s largest economy is expected to see its GDP contract about -34% in the last quarter versus -5% prior.

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GDP (Gross Domestic Product) is the total value of all products manufactured and goods provided within that territory during a specific period. Read more.

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What is GDP? GDP stands for Gross Domestic Product and measures the monetary value of all imports and services produced inside nations geographic borders during [...]

Gross domestic product definition, real GDP and nominal GPD, types of GPD