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

Implicit price index of gross final domestic expenditure, index

Implicit price index refers to price indexes that are a by-product of the deflation procedure and are obtained by dividing the value series (measured at current prices) by the volume series (measured at constant prices).

Gross final domestic expenditure refers to the sum of all expenditure within the economic territory of Canada, consisting of household expenditure (including spending by foreigners travelling in Canada), non-profit institutions serving households' expenditures, gross fixed capital formation, additions to, or withdrawals from, inventories and current expenditure of governments.

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

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