Real GDP growth rate - volume
Publisher
Description
Gross domestic product (GDP) is a measure of the economic activity, defined as the value of all goods and services produced less the value of any goods or services used in their creation. The calculation of the annual growth rate of GDP volume is intended to allow comparisons of the dynamics of economic development both over time and between economies of different sizes. For measuring the growth rate of GDP in terms of volumes, the GDP at current prices are valued in the prices of the previous year and the thus computed volume changes are imposed on the level of a reference year; this is called a chain-linked series. Accordingly, price movements will not inflate the growth rate.
eurovoc domains
Resources
Documentation
- ESMS metadata (Euro-SDMX Metadata structure) HTML Provisional data
- ESMS metadata (Euro-SDMX Metadata structure) SDMX Provisional data
- More information on Eurostat Website Provisional data
- Identifier
- tec00115
- Type of Dataset
- Statistical
- Modified Date
- 2022-11-22
- Temporal Coverage From
- 2010-01-01
- Temporal Coverage To
- 2021-01-01
Contact
Eurostat, the statistical office of the European Union
Joseph Bech building, 5 Rue Alphonse Weicker, L-2721 Luxembourg
Tel: +352430136789