Economy
India
What GDP measures, and how India counts it
Gross domestic product, gross value added, real and nominal, advance and revised estimates: the vocabulary of the growth numbers, in plain words.
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GDP measured at current prices, without removing the effect of inflation. Real GDP removes it.
Gross domestic product, gross value added, real and nominal, advance and revised estimates: the vocabulary of the growth numbers, in plain words.
·Rational Times Explainers·3 min read