The rate at which a nation's economy grows, measured by the percentage change in the value of all goods and services produced over a specific time period.
Gross Domestic Product (GDP) is the total monetary value of all finished goods and services produced within a countryβs borders in a specific time frame.
Gross National Income (GNI) offers a broader measure of a nationβs wealth while keeping track of its peopleβs earnings, including income from abroad.