National Gross Domestic Product (GDP) by Income and by Expenditure Accounts
Economic accounts of institutional unit, value
Economic accounts refers to a statement which records, for a given perspective on the economy,
a) the uses and resources, or
b) the changes in assets and the changes in liabilities and/or
c) the stock of assets and liabilities existing at a certain time.
Institutional unit refers to an economic entity that is capable, in its own right, of owning assets, incurring liabilities, and engaging in economic activities and in transactions with other entities. There is a hierarchical relationship between institutional units and establishments. An institutional unit contains one or more entire establishment(s); an establishment belongs to one and only one institutional unit. There are two main types of units in the real world that may qualify as institutional units, namely persons or groups of persons in the form of households, and legal or social entities.
The data for this variable are reported using the following measurements:
- Canadian dollar at current prices
- Canadian dollars at constant prices
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