How big is the
The gross domestic product (GDP) is a standard measure of the value added created by the production of goods and services in a country over a given time period (GDP). As a result, it also accounts for the revenue generated by that production, as well as the overall amount spent on final goods and services (less imports). While GDP is the most significant indicator for capturing economic activity, it falls short of providing an adequate assessment of people's material well-being, for which other metrics may be more appropriate. This statistic is based on nominal GDP (also known as GDP in value or GDP at current prices) and is available in several formats:
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