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4:02
CNBC
Elizabeth Schulze
What is GDP?
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture. So how does GDP work? CNBC’s Elizabeth Schulze explains.
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U.S. GDP rose at its quickest rate in nearly four years, according to figures released this week. But why do we use GDP to measure the health and strength of a country’s economy? | CNBC International
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1.3K views · 23 reactions | When a country's economy is discussed in the news, you often hear a number called the GDP or 'gross domestic product' thrown around. But what does it actually mean, and is it gross? In this episode of News glossary, Matilda Boseley explains the meaning of GDP and how it reflects economies in Australia and abroad | Guardian Australia | Facebook
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