GROSS DOMESTIC PRODUCT (GDP)
Gross domestic product (GDP) is the total value of goods produced and services provided in a country during one year.
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Category – Gross Domestic Product (GDP)
Gross Domestic Product (GDP) is the total monetary value of all goods and services produced within a country in a specific period. In trading, GDP is a key economic indicator used to assess the overall health of an economy. Traders monitor GDP growth or contraction to anticipate market movements, particularly in stocks, bonds, and currencies. A strong GDP growth rate typically signals a healthy economy, which can drive asset prices higher, while a decline may lead to a bearish market outlook.
