GDP at current prices (US$bn) by country from 2012 to 2021
Gross Domestic Product, or GDP, is the value of all goods and services produced within a country’s borders over a specific time period (usually a quarter or a year). The calculation assists investors, those setting national policy, and the business community in their decision making. GDP can be calculated on expenditures, production or income and adjusted to account for inflation and population. GDP at current prices indicates the market value of goods and services produced during the period under discussion.