Its greatest use is as a point of comparison; for example, to determine if the nation's economy grew or contracted compared ...

Gerd Altmann/Pixabay.com (CC0-PD) Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and services a country produces. Gross National Income (GNI) includes ...

Gross domestic product, or GDP, is a measure of a ... GNI uses the income approach whereas GNP uses the production approach to calculate GDP. Both GNP and GNI should theoretically yield the ...