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Glossary of the 1993 SNA - Definition of Term

TermGross domestic product - output based
DefinitionOutput-based gross domestic product is the sum of the gross values added of all resident producers at basic prices, plus all taxes less subsidies on products.
Paragraphs6.235.;6.236.;6.237.
 
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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