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Gross domestic product (Q653)

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Subject, term, tag: Gross domestic product
  • Gross domestic product (GDP)
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Language Label Description Also known as
English
Gross domestic product
Subject, term, tag: Gross domestic product
  • Gross domestic product (GDP)

Statements

The sum of gross value added, at purchasers’ prices, by all resident and non-resident producers in the economy, plus any taxes and minus any subsidies not included in the value of the products in a country or a geographic region for a given period, normally one year. GDP is calculated without deducting for depreciation of fabricated assets or depletion and degradation of natural resources. (English)
IPCC Glossary v1.5
 
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