GDP forecast
A GDP forecast is an estimate of the future economic performance of a country, measured by its Gross Domestic Product (GDP). Economists and analysts use various data, trends, and models to predict how much a country's economy will grow or shrink over a specific period. These forecasts help governments, businesses, and investors make informed decisions.
GDP forecasts can be influenced by several factors, including consumer spending, government policies, and global economic conditions. Accurate forecasts are essential for planning budgets, setting interest rates, and understanding potential economic challenges or opportunities that may arise in the future.