An increase in gross domestic product (GDP) is a sign that a country’s economy is growing.
The GDP is the mostly used macroeconomic indicator in order to measure national wealth, and it is calculated by the agreggation of the value of all final goods and services produced in the economy during the year.
Economic growth is defined as the increase in the capacity of a country to produce goods and services, and it takes place when GDP increases from one period to the next.
