Gross Domestic Product Calculation
Gross Domestic Product, or GDP for short, is considered one of the most important indicators of the national account system, which characterizes the production activity of an economic unit.
GDP can also be considered an indicator of production output, which ultimately forms the cost of goods and services. In short, GDP is a gross product calculated by deducting from the main capital.
Today, there are many methods of calculating GDP, but the three most popular are the distribution method, the production method, and the final use method.
See also:
| Finance | Percentages |
| Financial indicators |