Gross Domestic Product or GDP, is a way to measure the size and health of a country’s economy, more like a report card for a nation, it tells us how much the co ...
As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...
A key pillar of the new series is the improved measurement of the household and informal sectors that account for a significant share of output and employment ...
India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.
Such revisions usually change the level of GDP and its sectoral shares. The conceptual basis for GDP is contained in the UN supported recommendations commonly called the System of National Account ...
Are you preparing for UPSC CSE Prelims 2026? Check your progress and revise your topics through this quiz on Economy.
The latest GDP series will also see major changes, the most crucial of which will be how nominal GDP is adjusted for price changes to arrive at real GDP. According to economists, India’s real GDP ...
Cyprus’ tourism sector posted a record year in 2025, with its share of GDP rising to 14 per cent from 13.1 per cent, ...
At the item level, both prices and methodology remain unchanged, and since the prices are already current, no significant distortion is expected, the Statistics Secretary said ...
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With new data sources and process upgrades, new GDP data set to capture the economy more accurately
New GDP data series launching on February 27, 2026, promises enhanced accuracy through upgraded methodologies and new data sources.
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