Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...

India’s new GDP series ditches broad-based deflators for granular, sector-specific price indices ahead of February 27 release ...

A revised GDP series with 2022–23 as the base year will be released on February 27, along with updated historical data covering the previous four years.