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Gross domestic product - Measurement

Gross domestic product - Measurement: Encyclopedia II - Gross domestic product - Measurement

Gross domestic product - International Standards. The international standard for measuring GDP is contained in the book System of National Accounts (1993), which was prepared by representatives of the International Monetary Fund, European Union, Organisation for Economic Co-operation and Development, United Nations and World Bank. The publication is normally referred to as SNA93, to distinguish it from ...

See also:

Gross domestic product, Gross domestic product - Definition, Gross domestic product - The components of GDP, Gross domestic product - Examples of GDP component variables, Gross domestic product - Difference from Aggregate expenditure, Gross domestic product - The GDP Income account, Gross domestic product - Measurement, Gross domestic product - International Standards, Gross domestic product - National Measurement, Gross domestic product - Interest rates, Gross domestic product - Cross-border comparison, Gross domestic product - GDP and standard of living, Gross domestic product - Controversies, Gross domestic product - Lists of countries by their GDP

Gross domestic product, Gross domestic product - Controversies, Gross domestic product - Cross-border comparison, Gross domestic product - Definition, Gross domestic product - Difference from Aggregate expenditure, Gross domestic product - Examples of GDP component variables, Gross domestic product - GDP and standard of living, Gross domestic product - Interest rates, Gross domestic product - International Standards, Gross domestic product - Lists of countries by their GDP, Gross domestic product - Measurement, Gross domestic product - National Measurement, Gross domestic product - The GDP Income account, Gross domestic product - The components of GDP, GDP deflator, Gross value added, Measures of national income, Natural gross domestic product, Uneconomic growth, Value added, Genuine Progress Indicator

Gross domestic product: Encyclopedia II - Gross domestic product - Measurement



Gross domestic product - Measurement

Gross domestic product - International Standards

The international standard for measuring GDP is contained in the book System of National Accounts (1993), which was prepared by representatives of the International Monetary Fund, European Union, Organisation for Economic Co-operation and Development, United Nations and World Bank. The publication is normally referred to as SNA93, to distinguish it from the previous edition published in 1968 (called SNA68).

SNA93 sets out a set of rules and procedures for the measurement of national accounts. The standards are designed to be flexible, to allow for differences in local statistical needs and conditions.

Gross domestic product - National Measurement

Within each country GDP is normally measured by a national government statistical agency, as private sector organisations normally do not have access to the information required (especially information on expenditure and production by governments).

  • Australia: Australian Bureau of Statistics (ABS).
  • Austria: Statistik Austria.
  • Canada: Statistics Canada (StatCan).
  • Russia: Federal State Statistics Service
  • United States: Bureau of Economic Analysis (BEA).

GDP can measure spending on all goods and services. GDP can also measure all income earned.

Gross domestic product - Interest rates

Net interest expense is a transfer payment in all sectors except the financial sector. Net interest expenses in the financial sector is seen as production and value added and is added to GDP..

Other related archives

1980s, Aggregate expenditure, Australian Bureau of Statistics, Bartering, Bhutan, Bureau of Economic Analysis, Compensation of employees, European Union, GDP deflator, Genuine Progress Indicator, Gross operating surplus, Gross value added, Herman Daly, International Monetary Fund, Keynes, Keynesian, List of African countries by GDP, List of Asian countries by GDP, List of European countries by GDP, List of countries by GDP (PPP), List of countries by GDP (PPP) per capita, List of countries by GDP (nominal), List of countries by GDP (nominal) per capita, Measures of national income, Measures of national income and output, Natural gross domestic product, Negative externalities, Organisation for Economic Co-operation and Development, Penn effect, Renoir, Statistics Canada, System of National Accounts, Uneconomic growth, United Nations, United States dollar, Value added, World Bank, arms, auctioneer, black economy, bond, business, capital, chandelier, computer-power improvements, consumption, controversies, country, crowding out, currency markets, deeds, double counting, economic surplus, economy, endogenous, except for a few western goods, exchange rate, exchange rates, exogenous, exports, government, gross, gross national happiness, gross national product, households, housing bubble, imports, index, inequality, inflation, investment, liability, limitations, macroeconomics, measures of national income, mine, neo-classical, net exports, private consumption, production, profits, proxy, public sector, public servants, purchasing power parity, quality of life, real economy, real vs. nominal in economics, saving, share, social security, software, standard of living, subjective, supply, sustainability of growth, transfer payment, uneconomic growth, unemployment benefits, utility, value added, welfare economics, world



Adapted from the Wikipedia article "Measurement", under the G.N U Free Docmentation License. Please also see http://en.wikipedia.org/wiki

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