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

Volume index of real gross domestic product, index

Volume index refers to an average of the proportionate changes in the quantities of a specified set of goods or services between two periods of time. The quantities compared over time must be those for homogeneous items and the resulting quantity changes for different goods and services must be weighted by their economic importance, as measured by their relative values in one or other, or both, periods.

Real gross domestic product refers to Gross domestic product at constant prices. Gross domestic product is the total unduplicated value of the goods and services produced in the economic territory of a country or region during a given period. A valuation expressed in terms of the prices actually paid by the purchaser after all applicable taxes and subsidies.

The data for this variable are reported using the following measurements:

• Index using the value of a base year made equal to 100
  Data tables

  • Gross national income and gross domestic income Table: 380-0065
  • Gross national income and gross domestic income Table: 380-0101