National Gross Domestic Product (GDP) by Income and by Expenditure Accounts

Trading gain of economy, component

Trading gain refers to the gain from changes in the terms of trade, which is the difference between real GDI and GDP in volume terms.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following classifications and/or lists:

• Components of Trading Gain
  Data tables

  • Natural resources, the terms of trade, and real income growth in Canada and the long-run version of the Bank of Canada Commodity Price Index Table: 383-0027