China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

I sometimes read assertions that the statistical methods used by the Commerce Department to calculate GDP no longer properly capture economic output because they don’t, for example, properly account ...

GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...

Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method. There are three methods of computation of national income namely, ...