Gdp 242

The data are not updated anymore. You can now access it from here, gdp 242. Please refer to the dataset Gross domestic product GDP gdp 242, archive to access longer time series based on the methodology prior to the benchmark revisions. This platform has reached the end of its life and will be switched-off end of March

Updated: 14 February Next update: 18 March Supply and Use and Input-Output tables xlsx-files. Quarterly National Accounts from xlsx-files. Annual National Accounts from xlsx-files. The national accounts provide an overview of the state and development in the Norwegian economy.

Gdp 242

The most significant drop was recorded in the Yugoiztochen region in Bulgaria This was followed by another Bulgarian region, Severozapaden, which recorded a decrease of This information comes from data on regional national accounts published by Eurostat today, based on level 2 of the Nomenclature of territorial units for statistics NUTS 2. The high GDP per capita in these regions Luxembourg, Brussels and Praha can be partly explained by a high inflow of commuting workers and by some major multinational enterprises domiciled in the regions Southern, Eastern and Midland Ireland. If you have any queries, please visit our contact us page. News articles Euro indicators Podcasts Events Release calendar. User support Press services Institutional services Visit us. Home … News News articles. News articles 20 February For more information Thematic section on regional accounts Database on regional accounts Thematic section on regions and cities Database on regional data Podcast on regional statistics Methodological file Manual on regional accounts methods Methodological notes In this article, the regional data are presented at NUTS 2 level. This list shows translations of the names of the regions in EU members into English. Share this page:.

Stocks refer to positions at a certain point of time, for example the value of capital stock or the number of employed persons. An activity is characterised by an input of products, a production process and an output of products, gdp 242.

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Gross domestic product GDP is a monetary measure of the market value [2] of all the final goods and services produced in a specific time period by a country [3] or countries. GDP definitions are maintained by several national and international economic organizations. The Organisation for Economic Co-operation and Development OECD defines GDP as "an aggregate measure of production equal to the sum of the gross values added of all resident and institutional units engaged in production and services plus any taxes, and minus any subsidies, on products not included in the value of their outputs ". GDP nominal per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity PPP may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. However, critics of the growth imperative often argue that GDP measures were never intended to measure progress, and leave out key other externalities , such as resource extraction , environmental impact and unpaid domestic work. For example, the GDP of Germany in was 3. William Petty came up with a concept of GDP, to calculate the tax burden , and argue landlords were unfairly taxed during warfare between the Dutch and the English between Congress report, where he warned against its use as a measure of welfare see below under limitations and criticisms.

Gdp 242

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B1G: Gross value added at basic prices, total activity. Both levels and growth rates are presented. Quarterly figures are calculated as the sum of three months from monthly national accounts. If you have any queries, please visit our contact us page. About seasonal adjustment General information on seasonal adjustment What is seasonal adjustment? Comments : Additive decomposition is used for series with potential negative values or values equal zero, otherwise multiplicative decomposition is used. This makes a direct comparison of two consecutive months or quarters difficult. It is important to mention some factors of the seasonally adjustment of the MNA which has to be given specific attention compared to other short time economic indicators:. The method is the same for most common variables: The value in the base year is given the same growth rate percentage change as in the appropriate indicator, or a grouping of different relevant indicators. Quarterly figures are calculated as the sum of three months The national accounts data for a specific month, quarter or year are revised in accordance with an ordinary publication and revision cycle. See Concepts and definitions in national accounts for explanations. At the same time, it is possible to implement new indicators, carry out changes in the input series and in the model, etc. The article in Norwegian only looks at the growth rates of the main aggregates: GDP, GDP for mainland Norway, household consumption, government consumption, gross fixed capital formation, exports, imports and compensation of employees. Another way of measuring the general quality of the QNA figures is to compare the preliminary annual figures from the first version of the annual accounts by adding up the quarters in the QNA with the final version.

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D Wages and salaries. The International Monetary Fund IMF completed an evaluation of central parts of Norwegian macroeconomic statistics in autumn , including the Norwegian national accounts. Valuation Registration of values: A transaction may be registered at different values, depending on under which circumstances it is registered. Updated: 14 February Next update: 18 March The method is the same for most common variables: The value in the base year is given the same growth rate percentage change as in the appropriate indicator, or a grouping of different relevant indicators. A more thorough evaluation is being done when processing and publishing quarterly figures, while the monthly process is more automated and less profound. Quarterly figures will be updated when publishing the third month in the quarter. The national accounts data for a specific month, quarter or year are revised in accordance with an ordinary publication and revision cycle. A new model for a QNA system was developed at the beginning of the s and has been used since , with some modifications. The process of compiling the final annual national accounts starts with the calculation of independent supply and use estimates for all goods and services at current prices. The report lists a variety of measures to increase quality, such as changes in the organisation of the QNA process, technical changes in the data system, an increase and improvement of the documentation related to the QNA system etc. The MNA system offers a unique opportunity to compare different types of input data. In the process of calculating MNA or QNA figures for a specific month or quarter, the short-term statistics source data are critically evaluated and compared with alternative sources for some parts of the economy.