What is the Decimal data type in MySQL?

The Decimal data type in MySQL is a precise decimal type used to store accurate floating-point values. It can store numbers between -10^65 and 10^65, and specify the number of digits before and after the decimal point. The Decimal data type is suitable for scenarios that require precise calculation and storage of values, such as financial and currency-related data. Unlike other floating-point data types, the Decimal data type does not produce rounding errors, ensuring the accuracy of the calculation results.