GDP (Gross Domestic Product)
💡 In plain English: The total value of everything a country produces in a year — the headline measure of economic size and growth.
Definition
The total monetary value of all goods and services produced within a country's borders in a specific period.
📌 Real-World Example
India's GDP: ~$3.7 trillion (2024). GDP growth rate: ~7–8%/year (one of the fastest globally). Higher GDP growth generally supports corporate earnings and stock markets long-term.
🔢 Formula
Related Terms
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