gdp

GDP per capita is a country's gross domestic product divided by its population. Here is how it is calculated, what it shows, and where it falls short.

A recession is a significant, broad decline in economic activity lasting more than a few months. Here is how it is defined, measured and what causes one.

Nominal GDP measures output at today's prices. Real GDP strips inflation out. Confusing the two makes an economy look like it is growing when it may not be.