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 ...

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 ...

The government is maintaining its bullish view on the economy even though the real gross domestic product is projected to have shrunk in the third quarter with the adoption of a new GDP data ...