National Accounts   |   Statistics Division

Latest Data Upload: December 2014

Glossary - Definition of Term

GDP by types of expenditure
Definition Expenditure-based gross domestic product is total final expenditure at purchasersí prices (including final consumption expenditure, gross fixed capital formation, changes in inventories, valuables and f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.
Other References NULL
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.

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