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  • Economic Calendar Terms

    GDP qq Capital Expend

    Cabinet Office, Government of Japan
    1-6-1 Nagata-cho, Chiyoda-ku,
    Tokyo 100-8914,
    Japan
    81-3-5253-2111

    Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measure of national economic well-being but expressed in volume (adjusted for inflation) it is the closest single number we have got to such a measure. It is the sum of final expenditures; Export of goods and services, Imports of goods and services, Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.