GDP Confusion Help Please

timer Asked: Jun 27th, 2014
account_balance_wallet $5

Question Description

How often is every countrie’s GDP calculated? I think it's once a quarter but I'm not sure?

Tutor Answer

Alex Z
School: UIUC

It depends on the country, but "developed" economies will continuously monitor GDP.  You can get at least monthly (and likely even more frequent) checks on GDP by listening to the financial news networks.

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