GDP as an economic indicator is used worldwide to show the economic health of a country. When there is economic growth of a country during a quarter or year, this positive change occurs with good GDP or an increase in the Gross Domestic Product. If the country does not experience economic growth, its economy begins to contract, it is because of bad GDP.
|Economic Growth & Development||Debt-to-GDP Ratio|
|Indian Economy Notes for UPSC||Strategy and Syllabus for UPSC Economics|
|Economics Questions for UPSC GS 3||Measurements of National Income|