3.2.2. Gross domestic product
Gross domestic product (English Gross Domestic Product), common abbreviation - GDP (born GDP) - the market value of all final goods and services (that is intended for direct consumption) produced per year in all sectors of the economy in the state - for consumption , export and stockpiling, regardless of the nationality of the factors of production used.
Razlichaeyut nominal (English nominal GDP) (absolute) and real (born real GDP) (adjusted for inflation) GDP. Real GDP takes into account the extent to which GDP growth is determined by the real growth of production, rather than rising prices. GDP is calculated as the sum of consumption, investment, government spending and exports minus imports. GDP is calculated once a kvartal.VVP calculated three ways:
- Income - added income, corporations, interest on savings, state revenues from business activities, as well as taxes on production and imports, depreciation;
- Expenditure - added consumer household spending, investment spending of firms, government expenditures for goods, services, investment and net exports (net imports);
- on the amount of output - added only added to the cost of each firm (value-added created by the enterprise).
GDP is the main indicator of the national economy. Previously, this was considered an indicator of gross national product (GNP). GDP has a significant impact on stock indices, monetary policy, central bank and government.
