Page 127 - Handbook on Vital Statistics

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GROSS DOMESTIC PRODUCT (GDP)
(a) Consumption Expenditure-based gross domestic product
is total final expenditures at purchasers' prices, less the
f.o.b. value of imports of goods and services
(
EXPENDITURE
)
(b) Income-based gross domestic product is compensation of
employees, plus taxes less subsidies on production and
imports, plus gross mixed income, plus gross operating
surplus (
INCOME
)
(c) Gross domestic product at market prices is the sum of the
gross values added of all resident producers at producers'
prices, plus taxes less subsidies on imports, plus all non-
deductible VAT (or similar taxes) (
MARKET PRICE
)
(d) Output-based gross domestic product is the sum of the
gross values added of all resident producers at producers'
prices, plus taxes less subsides on imports, plus all non-
deductible VAT (or similar taxes) (
OUTPUT BASED
)