Discover how base-year analysis measures economic changes, eliminates inflation effects, and aids in financial growth ...

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

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 ...

GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...

Jannie Rossouw is received financial assistance for research from the NRF and from ERSA. South Africa has toppled Nigeria and reclaimed its status as the largest economy in Africa. This comes two ...

The National Statistical Office (NSO) is planning to incorporate new digital data sources, such as vehicle registrations and online payments, to update how it calculates the country’s Gross Domestic ...