Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...
The Ministry of Statistics and Programme Implementation (MoSPI) last week released the economic growth data for the first quarter - covering months of April, May and June of the current financial year ...
Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. The real value of an item is its nominal ...
In 2025, the U.S. leads in real GDP with $23.83 trillion, approximately 23% lower than its nominal GDP of $30 trillion. Since 2024, its real GDP has grown modestly by 2.02%, up from $23.36 trillion.
India’s GDP growth rate for the quarter ended June, which came in at 7.8% in real terms, surpassed all expectations. But the growth in GDP by another measure has economists and policymakers worried: ...
Even as the real growth rate hit a five-quarter high in April-June quarter this fiscal, nominal growth rate has dipped to a three-quarter low. Fiscal deficit could be impacted if it is lower at an ...
The current financial year 2025-26 has been interesting for many reasons. It started with great relief for personal income taxpayers, as the government announced a rise in the annual exemption limit ...