Definition: Production measure of GDP

Category: SNA

Value of output less intermediate consumption plus any taxes less subsidies on products not already included in the value of output (§ 16.47). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
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