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

The EMRI is currently supporting research in four areas: 1) How measurement of retail spending and inflation can be redesigned to make use of item-level transactions data to value technologically ...

Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...

A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...

Discover how GDP and GPI together offer a clearer insight into a country's economic prosperity and well-being beyond traditional metrics.

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 ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data. Here’s what it means for growth and policy.

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

India's new GDP series with base year 2022-23 changes the size, sectoral composition, and expenditure patterns of the economy. While nominal GDP is slightly lower, it confirms strong post-pandemic ...