The methods local authorities are using to calculate the gross domestic product (GDP) are inaccurate and impractical, and not used in any country in the world, Prime Minister Nguyen Tan Dung said.

India is likely to have clarity on base year revision for key metrics that ascertain growth, inflation and factory output by the end of the fiscal, sources familiar with the developments informed ...

Ireland’s gross domestic product (GDP) measured in terms of output - the value of goods and services at basic prices - was €338 billion in 2010, according to the Central Statistics Office (CSO).

Gross Domestic Product popularly known as (GDP) is a measure mainly used as a yardstick to gauge the economic growth of a country. Calculation of GDP: The calculation can be done in one of two ways: ...

China could wave goodbye to its GDP data discord as the national statistics bureau chief claims that he will unify provincial and central GDP calculation methods and improve grassroots statistical ...

BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the way it calculates the country's gross domestic product by including contributions from health care, tourism and ...

BEIJING (Reuters) - China's statistics bureau said on Wednesday it has changed the way quarterly gross domestic product data is calculated, a move it calls a step to adopt international standards and ...