GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. Current GDP is measured in current market prices at the point of data collection. Data source:World Bank, Washington D.C.
GDP per capita is gross domestic product at current market rates and divided by total population. The data is priced in United States dollars. Data source:World Bank, Washington D.C.
Define current account. current account synonyms, current account pronunciation, current account translation, English dictionary definition of current account. n. The component of a nation's balance of payments that includes the price of imports and expo
c. in GDP prices d. in that year's prices Gross Domestic Product: Gross domestic product is a concept used in economics to represent the total market values of all the final goods and services produced in a given period of time within the boundaries...
GDP per capita, PPP (current international $) in Greece was reported at 41187 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greece - GDP per capita, PPP (current international
China recorded a Current Account surplus of 1.50 percent of the country's Gross Domestic Product in 2023. This page provides - China Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Nominal GDP | Definition, Formula & Examples from Chapter 7 / Lesson 12 98K Discover what nominal GDP in economics is, and examine its importance and its uses. Know its formula and learn how to find it through the given examples. Related...
Updated charts and forecasts on Korea Current Account Balance (% of GDP). Get access to accurate economic data and projections now.
Get the latest on Korea's GDP growth with updated estimates. Access accurate economic charts, forecasts, and reports from the world's top economists.
tangible consumer goodssoldto foreign nations, thecurrent accountshows a deficit. On the surface, this appears to be anet lossfor the U.S. Indeed, the standard economics calculation forgross domestic product (GDP)initially suggests that any current account deficit reduces GDP, making the U.S. ...