National GDP Measure
(Redirected from national gross domestic product (GDP))
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A National GDP Measure is a GDP Measure that is a national economic measure and can produce a national GDP estimate.
- Context:
- It can be Retrospective National GDP Measure or be a Predicted National GPD Measure (by a national GDP forecasting system solving a national GDP forecasting task).
- It can be a Sectoral National GPD Measure (a sectoral GDP measure).
- It can be associated to a GDP per Capita Measure.
- …
- Example(s):
- U.S.A. GDP, China GDP, Japan GDP, German GDP, Russian GDP, ...
- …
- Counter-Example(s):
- See: Nation, National Income, Provincial State Income, National Tax-to-GDP Ratio.
References
2019
2016
- Ian Talley. (2016). “The IMF Is Sounding the Alarm. Is Anyone Listening?." Wall Street Journal. Mar 8, 2016 1:31 pm ET
2014
- (Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/Gross_domestic_product Retrieved:2014-4-6.
- Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year, or other given period of time. GDP per capita is often considered an indicator of a country's standard of living. [1]
GDP per capita is not a measure of personal income (See Standard of living and GDP). Under economic theory, GDP per capita exactly equals the gross domestic income (GDI) per capita (See Gross domestic income).
GDP is related to national accounts, a subject in macroeconomics. GDP is not to be confused with gross national product (GNP) which allocates production based on ownership.
- Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year, or other given period of time. GDP per capita is often considered an indicator of a country's standard of living. [1]