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

GDP doesn’t measure what we should care about, say critics. Is that true?

The government has introduced wide-ranging methodological changes to measure gross domestic product (GDP) and allied numbers by heeding to the criticism over earlier single deflator method, which gave ...

India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...

This last piece in a 5-article series, adapted from a speech I gave at a BritishAmerican Business virtual conference in September, suggests that while GDP has served a useful purpose in terms of ...

India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

Such revisions usually change the level of GDP and its sectoral shares. The conceptual basis for GDP is contained in the UN supported recommendations commonly called the System of National Account ...

As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...

India is refining its district-level economic output measurement, aiming to identify regional disparities and support areas more accurately.