TOKYO (Reuters) - Japan may revise up gross domestic product data when it adopts a new base year in calculating figures from later this year, officials said, likely a boon to its ambitious aim of ...

Learn how GDP measures economic performance and influences financial decisions for economists and investors. Discover its impact on the economy and investment strategies.

Gross Domestic Product (GDP) Base Year: The government has decided to change the base year for calculating Gross Domestic Product (GDP) from 2011-12 to 2022–23. Rao Inderjit Singh, Minister of State ...

In 2015, India changed its GDP base year (from 2004-05 to 2011-12) and made other methodology shifts, like using more corporate sector data via MCA-21, greater reliance on formal rather than informal ...