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National accounts statistics are the source of important economic indicators for the European Union (EU) and its EU countries, such as gross domestic product (GDP), which measures the overall size of an economy.
- Methodology
ESA 2010 and SNA 2008. The European System of National and...
- Database
If you do not wish to provide more detailed feedback, please...
- Na10
3.1. Data description: National accounts data concern all...
- Sustainable Development in The European Union
Sustainable development is firmly anchored in the European...
- Main Aggregates
T+110 days: GDP and main aggregates update Release of an...
- Productivity Indicators
In the past, Eurostat disseminated fewer indicators on...
- The European Economy Since The Start of The Millennium
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- Legislation
Key legal documents. EU regulation 549/2013 on the European...
- Methodology
Real GDP. One thing people want to know about an economy is whether its total output of goods and services is growing or shrinking. But because GDP is collected at current, or nominal, prices, one cannot compare two periods without making adjustments for inflation. To determine “real” GDP, its nominal value must be adjusted to take into ...
20 sie 2024 · Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. Real GDP is expressed in...
Real gross domestic product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e. inflation or deflation). [1] This adjustment transforms the money-value measure, nominal GDP , into an index for quantity of total output.
12 paź 2022 · Real GDP adjusts for inflation and is the most accurate portrait of an economy’s trajectory. By removing inflation as a variable, real GDP can tell economists if a nation’s economy is growing, shrinking, or remaining constant.
Definition. Real GDP, or real Gross Domestic Product, is a macroeconomic measure that adjusts the value of all final goods and services produced within a country's borders for the effects of inflation, providing a more accurate representation of the economy's actual production and growth over time.
Recent data on public spending reveals substantial differences across countries. Relative to low-income countries, government expenditure in high-income countries tends to be much larger (both in per capita terms, and as a share of GDP), and it also tends to be more focused on social protection.
