Gross Domestic Product

E383502

Gross Domestic Product (GDP) is a key economic indicator that measures the total monetary value of all final goods and services produced within a country's borders over a specific period.

All labels observed (1)

Label Occurrences
Gross Domestic Product canonical 1

How this entity was disambiguated

Statements (54)

Predicate Object
instanceOf economic indicator
macroeconomic aggregate
abbreviation GDP
criticizedFor ignoring environmental sustainability
not measuring income distribution
not measuring well-being directly
excludes illegal market activities (in most official statistics)
intermediate goods
most environmental degradation costs
unpaid household work
hasComponent consumption
government spending
investment
net exports
hasVariant GDP at purchasing power parity
GDP per capita
nominal GDP
potential GDP
real GDP
includes market value of legally produced goods and services
isCalculatedBy expenditure approach
income approach
production approach
isPublishedBy International Monetary Fund
OECD
World Bank
national statistical offices
measures economic output
size of an economy
total monetary value of final goods and services produced within a country
relatedTo business cycle
fiscal policy
gross national income
gross national product
inflation
monetary policy
net domestic product
unemployment
reportedIn US dollars
constant prices
current prices
national currency
purchasing power parity terms
spatialScope within a country’s borders
temporalScope specific period
timeDimension annually
quarterly
usedFor assessing economic growth
budget planning
comparing economies
debt sustainability analysis
international comparisons
macroeconomic policy making
productivity analysis

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Gross National Happiness contrastsWith Gross Domestic Product