Gross Domestic Product – GDP
Measures the value of goods and services produced with in a country . GDP is the most comprehensive overall measure of economic output and provides key insight as to the driving forces of the economy.
Recent Analysis, Calendar and Insight into: Gross Domestic Product GDP on DailyFX
Due to the untimeliness of this report and because data on GDP components are available beforehand, the actual GDP figure is usually well anticipated. But given its overall significance GDP has the tendency to move the market upon release, acting to confirm or upset economic expectations. Robust GDP growth signals a heightened level of activity that is generally associated with a healthy economy. However economic expansion also raises concerns about inflationary pressures which may lead to monetary policy tightening.
Technically, Gross Domestic Product is calculated in the following way:
GDP = C + I + G + (EX – IM)
C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services
The figure is commonly reported in headlines as an annualized percentage, based on quarterly data.
On a technical note: The GDP can be reported in either real or nominal terms, real GDP being adjusted for inflation.
US Gross Domestic Product | Canadian Gross Domestic Product | UK Gross Domestic Product
Japanese Gross Domestic Product | Australian Gross Domestic Product | New Zealand Gross Domestic Product
Switzerland Gross Domestic Product | Euro Zone Gross Domestic Product | French Gross Domestic Product Quarterly
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