Gross Domestic Product (GDP)
GDP, short for Gross Domestic Product, is the total value added of goods and services produced within a country.It is a comprehensive indicator of a nation's economic strength, and the rate of change in GDP is commonly referred to as the economic growth rate.GDP is also a key indicator used to understand the state of the economy.Furthermore, if real GDP—which excludes the effects of price changes—shows negative growth for two consecutive quarters, it is often mechanically interpreted as a recession. It is usually released at 8:50 (JST), which corresponds to 18:50 (EST) on the previous day.
Latest recorded value at build time: 687718.2 (B¥). Observation date: .
Source
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