Real GDP vs. Nominal GDP: Which Is a Better Indicator?

Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...
Hosted on MSN

EXPLAINED | Nominal GDP vs Real GDP: What's the difference? Which is a better marker to understand economical health?

The Ministry of Statistics and Programme Implementation (MoSPI) last week released the economic growth data for the first quarter - covering months of April, May and June of the current financial year ...
Seeking Alpha

Real Private GDP Is The Best Measure

Real Private GDP has been remarkably consistent from July 2009 at 2.84% annual growth despite multiple major events over the period including wars, the panic of Peak Oil, the COVID lockdown etc. GDP ...
Seeking Alpha

Government Spending Distorts GDP

Government Expenditure & Investment has grown 4.08% annually since July 2022 while the underlying economy has grown at a 2.78% pace. This has given the Real GDP an inflated pace of 2.98%. Note that ...
International Monetary Fund

GDP Nowcasting Performance of Traditional Econometric Models vs Machine-Learning Algorithms: Simulation and Case Studies

Are Machine Learning (ML) algorithms superior to traditional econometric models for GDP nowcasting in a time series setting? Based on our evaluation of all models from both classes ever used in ...