Real Gross Domestic Product: Sensitivity to the Choice of Base Year - ARCHIVED

Surveys and statistical programs – Documentation: 13-604-M1990006


Gross domestic product (GDP) is a key measure in the System of National Accounts, as well as an indispensable tool for economic analysis. This variable is available in current dollars or, in other words, expressed in the prices of the period to which each estimate applies. Two distinct parts exist within this current dollar measure: a volume component and a price component. This article focusses on the measure of GDP which expresses the volume of transactions in the economy (i.e., GDP expressed in real terms).

Issue Number: 1990006
Author(s): Saulnier, Marie
FormatRelease dateMore information
PDFJune 20, 1990