Plain-English definitions for the terms you'll encounter on your financial journey.
A metric that compares a country's public debt to its gross domestic product. It indicates the country's ability to pay back its debt based on its total economic output.
Gross Domestic Product is a measure of the total value of all goods and services produced within a country over a specific time. You can think of it as a giant thermometer that tells us how 'hot' or active an economy is—if the number goes up, the country is generally producing more and growing.
The total market value of all finished goods and services produced within a country's borders during a specific period. It is the primary indicator used to gauge the health of a nation's economy.
A metric comparing a country's public debt to its gross domestic product to indicate its ability to pay back debts.