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

Volume index of real gross domestic income, 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 income refers to gross domestic product in volume terms plus the trading gain or loss resulting from changes in the terms of trade.

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

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