Archive of methodological explanations for the news release:
Gross domestic product
Status:
11.02.2011
Data sources
Data sources used for Gross domestic product calculations are the annual fnancial accounts from the Central Register, data from the regular statistical surveys in the State Statistical Offce, data from the Ministry of Finance, the Public Revenue Offce, the National Bank and additional data from relevant institutions.
Defnitions
Gross domestic product (GDP) at market prices is the fnal result of the production activity of the resident producer units and it is the sum of gross value added of the various institutional sectors or the various activities at basic prices plus value added tax and import duties less subsidies on products (which are not allocated by activities).
Gross value added at basic prices is the basic category of GDP and it is defned as the value of gross output minus intermediate consumption.
The expenditure method of GDP measures fnal use categories, i.e. consumption of fnal goods and services produced in the domestic economy, gross capital formation and net export of goods and services.
The calculations of GDP at constant prices are made by applying two methods: the method of extrapolation and the method of defation. The calculations of GDP at constant prices are made by applying a movable base year, which implies that each previous year is taken as the base year.
|
© State Statistical Office
