Growth & Output
GDP (Gross Domestic Product)
Gross Domestic Product is the total market value of all final goods and services produced within a country in a given period. Statistical agencies compute it three ways — output, income, and expenditure — that should converge to the same number. Germany's 2023 GDP was roughly $4.3 trillion, the world's third largest.
Why it matters
GDP is the anchor series every other economic indicator on this platform is compared against.
Also known as: gross domestic product