Definitions

1. Gross Domestic Product (GDP) is the total value of final goods and services produced within a country's borders in a year.
2. Gross Domestic Product (GDP) is the market value of all final goods and services produced within a country during a given time period.
3. Gross domestic product is a measure of production within the national income and product accounts. (Web site)
4. Gross domestic product (GDP) is a better idea to visualize domestic production in the economy. (Web site)
5. Gross Domestic Product (GDP) is a convenient way of measuring and comparing the size of national economies. (Web site)

Decline

1. The result is an economy that can move into a sustained period of decline in gross domestic product.

Indonesia

1. The real gross domestic product (GDP) of Indonesia is projected to reach 5.2% in the second half year of 2006. (Web site)

Economic Production

1. The Gross Domestic Product is a measure of the value of economic production. (Web site)

Annualized Rate

1. A little history: following the 2001 recession, gross domestic product (GDP) grew at the annualized rate of 3.5 percent in early 2002.

Net National Product

1. I think that, like the tax base, net national product is a better measure for the stock market on the intermediate term than gross domestic product. (Web site)

Employment Levels

1. The transaction demand for money is highly correlated to the country's level of business activity, gross domestic product (GDP), and employment levels. (Web site)

Net Domestic Product

1. The Net Domestic Product (NDP) equals the Gross Domestic Product (GDP) minus depreciation on a country's capital goods.

Gross National Product

1. The three main concepts are gross domestic product, gross national product and net national product. (Web site)

Aggregate Income

1. It looks at how these interactions influence macro variables such as employment levels, participation rates, aggregate income and Gross Domestic Product. (Web site)

Global Gross Domestic Product

1. Table 1 measures one important aspect of the new economic geography of the planet: the share of global Gross Domestic Product (GDP) of different countries. (Web site)

India

1. The GDP (Gross Domestic Product) of India will exceed France, UK and Italy by the mid of next decade (that is around 2015). (Web site)

Growing

1. Gross domestic product may be growing, however, debt is growing faster. (Web site)

Components

1. Components of gross domestic product 4.

Members

1. Members of the Eurozone have to respect the stability pact and have to keep fiscal deficit below 3% of the gross domestic product.

Report

1. The bottom line on both sides of the report is labeled " Gross Domestic Product." GDP must have the same value on both sides of the account.
2. The production side of the report is derived from BEA NIPA Table 1.1.5 (Gross Domestic Product).

Dollars

1. For example, if the value of the Mexican peso falls by half compared to the US dollar, the Gross Domestic Product measured in dollars will also halve. (Web site)

Territory

1. Gross domestic product, expenditure-based, by province and territory [cited 2010-03-03]. (Web site)

Ukraine

1. Nowdays the economy of Ukraine is an emerging free market, with a gross domestic product that has experienced rapid growth in recent years. (Web site)

Western Europe

1. World Bank data show the per capita gross domestic product in Western Europe has tripled since 1980.

Spending

1. However, we have just seen that gross domestic product is merely the measure of spending - of consumption. (Web site)

Output

1. Gross National Product is another measure of the output of an economy that is an alternate to Gross Domestic Product. (Web site)
2. GVA is linked as a measurement to Gross Domestic Product (GDP), as both are measures of output.

Fluctuations

1. These fluctuations are often measured using the real gross domestic product.

Interest Rate

1. Nominal numbers - such as nominal wages, interest rate s and gross domestic product (GDP) - refer to amounts that are paid or earned in money terms.

China

1. China has already trebled its share of world GDP (gross domestic product) over the past two decades and India has doubled it.
2. Today, China and India account for a mere 6% of global gross domestic product -- half that of Japan. (Web site)

Trade

1. Gross domestic product has fallen substantially over the past 18 years because of the loss of labor and capital and the disruption of trade and transport. (Web site)

Population

1. Agriculture, involving more than 80% of the population and 40% of the gross domestic product, provides virtually all foreign exchange earnings.
2. In the 25-year period, the gross domestic product of the Philippines grew 4.1% while its population expanded by 2.36%.

Estimated

1. It is estimated that South Africa accounts for up to 25 percent of the gross domestic product of the entire African continent.
2. The gross domestic product of India in the 16th century was estimated at about 24.5% of the world economy, in comparison to Ming China's 25% share. (Web site)
3. Per capita gross domestic product is estimated to be $360.

Health

1. Gross domestic product or GDP is the broadest measure of the health of the US economy. (Web site)
2. Total health care spending represented 16 percent of the gross domestic product (GDP).

Well-Being

1. Second, movements in reported well-being are correlated with changes in macroeconomic variables such as gross domestic product. (Web site)

Depreciation

1. The Capital Consumption Allowance (CCA) is the percentage of the Gross Domestic Product (GDP) which is due to depreciation. (Web site)
2. Depreciation (or capital consumption) is added to get from net domestic product to gross domestic product. (Web site)

Accounts

1. Hong Kong's economy is dominated by services, which accounts for over 90 percent of its gross domestic product.
2. The Stockholm region is home to around 20% of Sweden's total population, and accounts for about 25% of the gross domestic product.

Significant Portion

1. Since its establishment, Israel has had to spend a significant portion of its gross domestic product on defense.

Growth

1. The current shortage already sharply reduces the growth of U.S. gross domestic product, contributing to our overall economic problem.

Economic Growth

1. As economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure.
2. The most common measure of economic growth is Gross Domestic Product (GDP). (Web site)

Rate

1. Poland, in fact, is developing at twice the rate of Western Europe, with a Gross Domestic Product that grew by 5.8 percent in 2006.

Macroeconomics

1. In macroeconomics, a recession is generally associated with a decline in a country's real gross domestic product (GDP), or negative real economic growth.

National Accounts

1. Gross domestic product comes under the heading of national accounts, which is a subject in macroeconomics. (Web site)

Exports

1. Oil revenues comprise 65% of the Government of Gabon budget, 43% of gross domestic product (GDP), and 81% of exports. (Web site)

Trade Balance

1. The strength of the economy is affected by the Gross Domestic Product (GDP), foreign investment and trade balance. (Web site)
2. Some of the most important indicators of a country economic growth are: 1) Gross Domestic Product, 2) The unemployment rate and 3) The trade balance.

Gross National Income

1. GNI (gross national income) is gross domestic product (GDP) plus net receipts of primary income (employee compensation and investment income) from abroad.

Factor Cost

1. Gross Domestic Product (GDP) at factor cost at constant (1999-2000) prices in the year 2005-06 is likely to attain a level of Rs. (Web site)
2. This measurement will yield the gross domestic product at factor cost.

Cent

1. The funding levels for the Bundeswehr have actually been falling since 1990, when military spending amounted to about 3.5 per cent of gross domestic product.
2. The US government said gross domestic product, the broadest measure of the economy, shrank at an annual rate of 0.5 per cent in the third quarter. (Web site)
3. Indeed, it is estimated that more than 50 per cent of Gross Domestic Product (GDP) in the major OECD economies is now knowledge-based.

Capita Gdp

1. In 2002, the Gross Domestic Product (GDP) of Wales was just over £26 billion ($48 billion), giving a per capita GDP of £12,651 ($19,546).

Accounting

1. Tourism dominates the economy, accounting for more than half of the Gross Domestic Product (GDP). Antigua is famous for its many exclusive luxury resorts. (Web site)

Nation

1. The gross domestic product, or G.D.P., is routinely used as shorthand for the well-being of a nation.

Terms

1. As of 2007, the largest national economy within Asia, in terms of gross domestic product (PPP), is that of China followed by that of India and Japan.
2. Today, Iceland is a developed country, the world's fifth in terms of gross domestic product (GDP) per capita and second in human development.
3. In terms of gross domestic product per capita and gross metropolitan product, Hong Kong is the wealthiest urban centre in the People's Republic of China.

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