What is GDP or Gross Domestic Product?
The Gross Domestic Product (GDP) is the market value of all finished goods and services produced within a nation's borders in a certain period of time, typically a year.
Why You Care
The GDP is the foremost indicator of how an economy is doing. When the GDP increases by a large amount, it shows that there is a lot of profitable economic activity. This may lead to an increased demand for a country's indices, equities and currency.