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ONS explaining the three estimates of Gross Domestic Product
The video explains the three estimates of Gross Domestic Product.
GDP is the primary indicator of economic activity and, as defined by the United Nations System
of National Accounts 1993 (SNA93) and the European System of Accounts 1995 (ESA95), can
be estimated in three ways, which are theoretically equal. However, as the data collected and
processed by ONS are based on a variety of statistical surveys and administrative data, the three
estimates can be different. In order to produce a definitive estimate of quarterly or annual GDP,
balancing processes are followed.
Coverage: UK
Geographic breakdown: UK
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27 Mar 13 | Video Summary | |
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ONS explaining the three estimates of Gross Domestic Product
The video explains the three estimates of Gross Domestic Product.
GDP is the primary indicator of economic activity and, as defined by the United Nations System
of National Accounts 1993 (SNA93) and the European System of Accounts 1995 (ESA95), can
be estimated in three ways, which are theoretically equal. However, as the data collected and
processed by ONS are based on a variety of statistical surveys and administrative data, the three
estimates can be different. In order to produce a definitive estimate of quarterly or annual GDP,
balancing processes are followed.
Coverage: UK
Geographic breakdown: UK
|
08 Mar 13 | Video Summary | |
Page 1 of 1 | 2 results
