PIB (Produit Intérieur Brut)

PIB, or Produit Intérieur Brut (Gross Domestic Product), measures the total value of all goods and services produced within a country over a specific period, usually a year. It reflects the size and health of a country's economy. A higher PIB indicates more economic activity, while a lower PIB suggests less. It helps compare the economic performance of different countries and track growth over time. PIB includes production from industries, services, and agriculture, serving as a key indicator for policymakers, businesses, and analysts to understand economic trends and make informed decisions.