Definition: GDP - output based

Category: SNA 1993

Output-based GDP is the sum of the gross values added of all resident producers at basic prices, plus all taxes less subsidies on products. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf
Source:
United Nations, "System of National Accounts (SNA) 1993", § 6.235 - 6.237, United Nations, New York, 1993
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