Economic Metrics

Economic metrics are tools used to measure the health and performance of a country's economy. Examples include Gross Domestic Product (GDP), which shows the total value of goods and services produced; unemployment rate, indicating how many people are looking for jobs; and inflation rate, reflecting how much prices are rising. These metrics help policymakers, businesses, and individuals understand economic trends, make informed decisions, and plan for the future. By analyzing these indicators, we can assess whether an economy is growing, stable, or facing challenges.