Domestic product [E-Book].
Paris : OECD Publishing
englisch
10.1787/4537dc58-en
Economics
Full Text
Domestic product covers different indicators of national accounts with a focus on Gross Domestic Product (GDP). GDP is the standard measure of the value of final goods and services produced by a country during a period minus the value of imports. While GDP is the single most important indicator to capture these economic activities, it is not a good measure of societies' well-being and only a limited measure of people's material living standards.