Skip to main content
NextTrade

Markets & hours

GDP

Gross Domestic Product

GDP (Gross Domestic Product) is the total value of the goods and services an economy produces over a period, and its growth rate is the broadest measure of economic growth. National statistics agencies publish it, usually quarterly and often as a first estimate followed by revisions: in the United States the Bureau of Economic Analysis (BEA) and in Mexico INEGI. Major releases can coincide with higher volatility and wider spreads.

Also called: Gross Domestic Product, economic growth, growth rate, economic output

Hypothetical example

Hypothetically, an economy produces goods and services worth 200 billion in one quarter and 201 billion in the next: quarterly growth of 0.5%.

Related terms

Used in these guides

  • Markets & hours8 min read

    How to read an economic calendar

    What each column and impact rating means, when the main releases come out in your time zone, and what can happen around them.

Back to the glossary