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||1 511 661||1 436 474||1 541 296|
|- Intermediate consumption||814 634||760 736||830 482|
|+ Taxes on products||35 904||35 421||37 538|
|- Subsidies on products||-16 052||-16 498||-16 690|
|GDP: production approach||716 879||694 662||731 662|
|Final consumption expenditure||457 075||442 862||454 057|
|Gross capital formation||189 527||207 005||190 597|
|Exports - Imports||70 277||44 795||87 008|
|GDP: expenditure approach||716 879||694 662||731 662|
|GDP, percentage change over previous year at prices of preceding year||1.1||-2.4||4.2|
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.