The gross domestic product (GDP) is an indicator of economic activity which makes it possible to measure and compare economic development levels in different countries. GDP is calculated at current prices as well as at previous year's prices, making it possible to represent economic growth rates without taking into account the influence of prices.
|Output||1 407 744||1 478 530||1 498 229|
|- Intermediate consumption||735 003||779 285||791 485|
|+ Taxes on products||36 257||36 062||35 936|
|- Subsidies on products||-15 303||-15 693||-15 759|
|GDP: production approach||693 694||719 614||726 921|
|Final consumption expenditure||443 878||452 543||459 238|
|Gross capital formation||174 276||176 909||178 259|
|Exports - Imports||75 540||90 162||89 424|
|GDP: expenditure approach||693 694||719 614||726 921|
|GDP, percentage change over previous year at prices of preceding year||1.6||3.0||1.1|
Furthermore, international comparison of GDP per capita relies on the concept of purchasing power parities (PPP), calculated in the International Comparison Programme of Eurostat/OECD.
Additional data on GDP adjusted for the effects of international sports events are available in the “Links” tab below.