I think the term GDP by definition means in one year.
Like if someone asked me what my salary is, and I said “I have £10k in the bank!”, I wouldn’t be answering the question. I should say “My salary is £30k per year” or whatever it is. If someone asked about my wealth or net worth, then the amount I have saved would be relevant.
I think the term GDP by definition means in one year.
Like if someone asked me what my salary is, and I said “I have £10k in the bank!”, I wouldn’t be answering the question. I should say “My salary is £30k per year” or whatever it is. If someone asked about my wealth or net worth, then the amount I have saved would be relevant.