Domestic product

English
DOI: 
10.1787/4537dc58-en
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Domestic product covers different indicators of national accounts with a focus on Gross Domestic Product (GDP). GDP is the standard measure of the value of final goods and services produced by a country during a period minus the value of imports. While GDP is the single most important indicator to capture these economic activities, it provides only a limited measure of people's material living standards.

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Keywords:  GDP, GFCP, value added, Gross domestic product, investment
 

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  • Gross domestic product (GDP)

    Gross Domestic Product (GDP) is the standard measure of the value of final goods and services produced by a country during a period minus the value of imports.
  • Real GDP forecast

    Real gross domestic product (GDP) is GDP in constant prices and refers to the volume level of GDP. Constant price estimates of GDP are obtained by expressing values in terms of a base period.
  • Nominal GDP forecast

    Nominal gross domestic product (GDP) is GDP in current prices. Current price estimates of GDP are obtained by expressing values in the current reporting period.
  • GDP long-term forecast

    Gross domestic product (GDP) given as long-term baseline projections up to 2060.
  • Quarterly GDP

    Gross Domestic Product (GDP) is the standard measure of the value of final goods and services produced by a country during a period, minus the value of imports.
  • Investment (GFCF)

    Gross fixed capital formation is defined as the acquisition and construction of assets by producers for their own use, minus disposals of produced fixed assets.
  • Investment forecast

    Gross fixed capital formation (GFCF) is defined as the outlays (purchases and own-account production) of industries, producers of government services and producers of private non-profit services to households, on additions of new durable goods...
  • Investment by asset

    Asset types in this indicator include six groups: dwellings; other buildings and structures; transport equipment; other machinery and equipment; cultivated assets and intellectual property products.
  • Investment by sector

    Investment (GFCF) by sector includes household, corporate and general government.
  • Domestic demand forecast

    Final domestic demand is the sum of final consumption, investment and stock building expenditures by the private and general government sectors in real terms.
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