GDP stands for Gross Domestic Product, and it attempts to show the economic state of the country in a number.
It's a measure of how the economy has grown or contracted over a three month period.
The level of GDP is measured in three ways: the value of the goods and services produced by the economy, the value of goods and services purchased by households and the government, and the income generated in terms of profit and wages.
More top news
From makeup to mechanics, video bloggers - or 'vloggers' - are broadcasting their knowledge to millions of eager consumers across the globe.
It's Christmas Jumper Day and Dyfed-Powys Police has dealt with a man caught stealing two Christmas jumpers.
The two males were abandoned in a small cardboard box at a retail park in Newport, prompting an RSPCA appeal.