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Gross domestic product

4:36

What is Gross Domestic Product (GDP)?

7:52

Gross Domestic Product – Economic Lowdown

9:25

GDP and the Circular Flow- Macro Topic 2.1

4:11

What is GDP? | CNBC Explains

1:19

The Gross Domestic Product (GDP) and Government Revenue Explained in One Minute

Gross domestic (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Nominal GDP per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore using a basis of GDP per capita at purchasing power parity (PPP) is arguably more useful when comparing differences in living standards between nations.
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  • History 

  • Determining gross domestic product (GDP) 

  • GDP and GNI 

  • Nominal GDP and adjustments to GDP 

  • Cross-border comparison and purchasing power parity 

  • Standard of living and GDP: wealth distribution and externalities 

  • Limitations and criticisms 

  • Lists of countries by their GDP