E = mc2 remains an equation upon which monumental advancements in man’s understanding of his world have been developed. Yet the fundamental representation of what produces Gross Domestic Product (GDP) ...
As part of the ongoing exercise to update the GDP base year, the government will use several more datasets on the expenditure side to improve the sources of data and enable more accurate estimation of ...
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What is GDP? Types and how it is calculated
As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...
China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...
National Bureau of Statistics of China (NBS) released China ’s Gross Domestic Product (GDP) by production approach of the economic census year 2004 on December 20, 2005. GDP accounted by production ...
Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method. There are three methods of computation of national income namely, ...
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