Key Economic Indicator

One of the primary indicators used to gauge the health of a country's economy.

It represents the total dollar value of all goods and services produced over a specific time period

Think of it as the size of the economy.

measure of the average price which consumers spend on a market-based "basket" of goods and services.

Inflation based upon the consumer price index (CPI) is the main inflation indicator in most countries.

Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services

The unemployment rate is a measure of the prevalence of unemployment

calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force.

During periods of recession, an economy usually experiences a relatively high unemployment rate.

Annual percentage growth rate of GDP at market prices based on constant local currency.