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Published byEunice Austin Modified over 9 years ago
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GDP STRUCTURES AND MEASUREMENT ERAZMUS 2013-2014
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METHODS FOR CALCULATING GDP Σ(R i -MS i ) = Σ (W j + P j + R j ) = C + I + G + (E- IM) value added = incomes = final demand with: R i, Ms i – sales and material costs of productive unit i, W j, P j, R j – salaries, profits and rents of people engaged in production, C – personal consumption, I - investments, G – government consumption, E – exports and IM - imports
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GDP STRUCTURES PRODUCTION INCOMES FINAL DEMAND Value added Salaries Private Consumption Industrial Sectors Dividends Gross Investments (A-F) Retained Profits Government cons. Services Depreciation Exports (G-O) - Imports GDP, factor prices + indirect taxes+ indirect taxes - subsidies- subsidies GDP, market pricesGDP, market prices GDP, market prices - incomes incomes GNP, market pricesGNP market, prices - capital depletion NNP, market prices
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THE GDP STRUCTURES IN 2009 EMUEU27SloveniaSEEcountries GDP (bill. €)896311790 35.1109.1 VALUE ADDED (% of GDP) Agriculture 1.6 1.7 2.110.7 2008 Industry20.720.622.426.2 Services77.777.475.562.1 INCOMES (% of GDP) Wages49.450.053.1 Gross profits39.338.635.0 Indirect taxes11.211.412.0 FINAL DEMAND (% of GDP) Private consumption57.758.455.485.2 2008 Government consumption22.122.420.318.8 Investments18.918.223.029.1 Exports36.336.558.123.1 Imports-35.0-35.6-56.8-57.1
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GDP MEASUREMENT PROBLEMS Slovenia 1987-1993 1987198819891990199119921993 GDP billions Din, Sit 0.905 2.709 34.94 196.1 349.6 995.1 1310 Retail sale prices 2.4 7.1 100 649 1412 4351 5777 Producers prices 2.4 6.6 100 490 1099 3544 4328 GDP in 1989 prices37.738.134.930.124.722.822.9 41.141.034.940.031.828.130.9 US$/DinSIT0.0740.2522.8911.3227.5781.30115. GDP v mil. US$122801073912112173261267812240 11141 population 0001989200019991998200119961994 GDP/ cap. US$6172536960688671633461335722
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