Gross Domestic Product (current prices), income approach

GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country. The income approach sums the incomes generated by production—for example, the compensation employees receive and the operating surplus of companies (roughly sales less costs).

Data and Resources

Additional Info

Field Value
Last Updated October 5, 2020, 12:35 (GST)
Created August 10, 2020, 11:21 (GST)
Definition The income approach sums the incomes generated by production—for example, the compensation employees receive and the operating surplus of companies (roughly sales less costs).
End Year 2019
Latest update Jun-2020
Method of calculation Data are collected from the local statistical centers, the Central Bank and the Ministry of Finance and are classified according to the System of National Accounts 2008-93
Source Federal Competitiveness and Statistics Authority
Start Year 2010
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