Definition of GDP

The Gross Domestic Product (GDP) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The data are in billion local currency units using current prices.

Related Indicators

• GDP Per Capita
• GDP Per Capita (Constant 2010 USD)
• Real GDP Growth
• GDP Per Capita (Purchasing Power Parity)
• Percent Of World GDP