Gross Domestic Product at Constant (2010) PRICES BY TYPE OF EXPENDITURE

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. To determine “real” GDP, its nominal value must be adjusted to take into account price changes to allow us to see whether the value of output has gone up because more is being produced or simply because prices have increased. A statistical tool called the price deflator is used to adjust GDP from nominal to constant prices. 2019 data are Preliminary metadata sheet included in the file

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Additional Info

Field Value
Last Updated May 19, 2020, 11:05 (GST)
Created May 11, 2020, 10:51 (GST)