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It’s worth noting that the GDP formula used by the government subtracts imports to avoid counting foreign-made goods in the overall output.
The proposal to launch a new formula for calculating the market value of goods and services, known as gross domestic product, in Kenya may create an illusion that could see the country’s debt ...
Cuba began including the items in its GDP calculations in 2003, but ECLAC said the Cuban formula was under study and began noting its reservations when publishing the Caribbean island's data.