Methodological explanation for the news release:
Gross domestic product
Data source
Data sources used for Gross domestic product calculations are the annual financial accounts from the Central Register, data from the regular statistical surveys in the State Statistical Office, data from the Ministry of Finance, the Public Revenue Office, the National Bank and additional data from relevant institutions.
Definitions
Gross domestic product (GDP) at market prices is the final 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 defined as the value of gross output minus intermediate consumption.
The expenditure method of GDP measures final use categories, i.e. consumption of final 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 deflation. 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.
Last updated:
30.09.2013
|
| Previous methodological explanations | Date |
|
Preview | 11.02.2011 |
News releases
Methodological explanations for:
Gross Domestic Product
|
© State Statistical Office
