Eurostat

The source for regional typology statistics are regional indicators at NUTS level 3 published on the Eurostat website or existing in the Eurostat production database. The structure of this domain is as follows: - Metropolitan regions (met)    For details see http://ec.europa.eu/eurostat/web/metropolitan-regions/overview - Maritime policy indicators (mare)    For details see http://ec.europa.eu/eurostat/web/maritime-policy-indicators/overview - Urban-rural typology (urt)    For details see http://ec.europa.eu/eurostat/web/rural-development/overview

Intellectual property refers broadly to the creations of the human mind. Intellectual property rights protect the interests of creators by giving them property rights over their creations. Designs constitute means by which creators seek protection for their industrial property. Designs reflect the non-technological innovation in every sector of economic life, including services. In this context, indicators based on Design data can provide a link between innovation and the market. A design is the outward appearance of a product or part of it, resulting from the lines, contours, colours, shape, texture, materials and/or its ornamentation. The design or shape of a product can be synonymous with the branding and image of a company and can become an asset with increasing monetary value. This domain provides users with data concerning Community Designs. Community Designs refer to design protections throughout the European Union, which covers 28 countries. The Office for Harmonization in the Internal Market (EUIPO) is the official office of the European Union for the registration of Community Trade marks and Designs. A registered Community design (RCD) is an exclusive right that covers the outward appearance of a product or part of it. The fact that the right is registered confers on the design great certainty should infringement occur. An RCD initially has a life of five years from the filing date and can be renewed in blocks of five years up to a maximum of 25 years. Applicants may market a design for up to 12 months before filing for an RCD without destroying its novelty (Source: EUIPO).

6.1. Reference area

Eurostat Dataset Id:enpr_ecnagdp The domain focuses on the Eastern European Neighbourhood Policy countries (ENP): Armenia (AM), Azerbaijan (AZ), Belarus (BY), Georgia (GE), Moldova (MD) and the Ukraine (UA). Data are provided for 200 to 300 indicators.

Intellectual property refers broadly to the creations of the human mind. Intellectual property rights protect the interests of creators by giving them property rights over their creations. Trade marks constitute means by which creators seek protection for their industrial property. Trade marks reflect the non-technological innovation in every sector of economic life, including services. In this context, indicators based on Trade mark data can provide a link between innovation and the market. Trade marks such as words or figurative marks are an essential part of the “identity” of goods and services. They help deliver brand recognition, in logos for example, and play an important role in marketing and communication. It is possible to register a variety of Trade marks including words, other graphical representations, and even sounds. Rights owners have a choice of obtaining protection on a country-by-country basis, or using international systems. This domain provides users with data concerning European Union Trade marks. European Union Trade marks refer to trade mark protections throughout the European Union, which covers 28 countries. The European Union Intellectual Property Office (EUIPO) is the official office of the European Union for the registration of European Union Trade marks and Designs. A European Union Trade mark is an exclusive right that protects distinctive signs, valid across the EU, registered directly with EUIPO in Alicante in accordance with the conditions specified in the EUTM Regulations (Source: EUIPO).

National accounts are a coherent set of macroeconomic indicators, which provide an overall picture of the economic situation and are widely used for economic analysis and forecasting, policy design and policy making. The data presented in this collection are the results of a pilot exercise on the sharing selected main GDP aggregates, population and employment data collected by different international organisations. It wasconducted by the Task Force in International Data Collection (TFIDC) which was established by the  Inter-Agency Group on Economic and Financial Statistics (IAG).  The goal of this pilot is to develop a set of commonly shared principles and working arrangements for data cooperation that could be implemented by the international agencies. The data sets are an experimental exercise to present national accounts data form various countries across the globe in one coherent folder, but users should be aware that these data are collected and validated by different organisations and not fully harmonised from a methodological point of view.  The domain consists of the following collections:

National accounts are a coherent set of macroeconomic indicators, which provide an overall picture of the economic situation and are widely used for economic analysis and forecasting, policy design and policy making. The data presented in this collection are the results of a pilot exercise on the sharing selected main GDP aggregates, population and employment data collected by different international organisations. It wasconducted by the Task Force in International Data Collection (TFIDC) which was established by the  Inter-Agency Group on Economic and Financial Statistics (IAG).  The goal of this pilot is to develop a set of commonly shared principles and working arrangements for data cooperation that could be implemented by the international agencies. The data sets are an experimental exercise to present national accounts data form various countries across the globe in one coherent folder, but users should be aware that these data are collected and validated by different organisations and not fully harmonised from a methodological point of view.  The domain consists of the following collections:

Data in this domain constitute only a small part of the entire National Accounts data range available from Eurostat. Annual and quarterly national accounts are compiled in accordance with the European System of Accounts - ESA 2010 as defined in Annex B of the Council Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013. The previous European System of Accounts, ESA95, was reviewed to bring national accounts in the European Union, in line with new economic environment, advances in methodological research and needs of users and the updated national accounts framework at the international level, the SNA 2008. The revisions are reflected in an updated Regulation of the European Parliament and of the Council on the European system of national and regional accounts in the European Union of 2010 (ESA 2010). The associated transmission programme is also updated and data transmissions in accordance with ESA 2010 are compulsory from September 2014 onwards. Further information on the transition from ESA 95 to ESA 2010 is presented on the Eurostat website. The annual data of this domain consists of the following collections: 1. Main GDP aggregates: main components from the output, expenditure and income side. nama_10_gdp: GDP and main components (output, expenditure and income) The quarterly data of this domain consists of the following collections 1. Main GDP aggregates, main components from the output, expenditure and income side, expenditure breakdowns by industry and assets. namq_10_ma: Main GDP aggregatesnamq_10_gdp: GDP and main components (output, expenditure and income)namq_10_fcs: Final consumption aggregates by durabilitynamq_10_exi: Exports and imports by Member States of the EU/third countries 2. Breakdowns of GDP aggregates and employment data by main industries and asset classes. namq_10_bbr: Basic breakdowns main GDP aggregates and employment (by industry and assets)namq_10_a10: Gross value added and income by A*10 industrynamq_10_an6: Gross fixed capital formation by AN_F6 asset typenamq_10_a10_e: Employment by A*10 industry breakdowns Geographical entities covered are the European Union, the euro area, EU Member States, Candidate Countries, EFTA countries, US, Japan and possibly other countries on an ad-hoc basis. Data sources: National Statistical Institutes.

Data in this domain constitute only a small part of the entire National Accounts data range available from Eurostat. Annual and quarterly national accounts are compiled in accordance with the European System of Accounts - ESA 2010 as defined in Annex B of the Council Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013. The previous European System of Accounts, ESA95, was reviewed to bring national accounts in the European Union, in line with new economic environment, advances in methodological research and needs of users and the updated national accounts framework at the international level, the SNA 2008. The revisions are reflected in an updated Regulation of the European Parliament and of the Council on the European system of national and regional accounts in the European Union of 2010 (ESA 2010). The associated transmission programme is also updated and data transmissions in accordance with ESA 2010 are compulsory from September 2014 onwards. Further information on the transition from ESA 95 to ESA 2010 is presented on the Eurostat website. The annual data of this domain consists of the following collections: 1. Main GDP aggregates: main components from the output, expenditure and income side.nama_10_gdp: GDP and main components (output, expenditure and income) The quarterly data of this domain consists of the following collections 1. Main GDP aggregates, main components from the output, expenditure and income side, expenditure breakdowns by industry and assets. namq_10_ma: Main GDP aggregatesnamq_10_gdp: GDP and main components (output, expenditure and income)namq_10_fcs: Final consumption aggregates by durabilitynamq_10_exi: Exports and imports by Member States of the EU/third countries 2. Breakdowns of GDP aggregates and employment data by main industries and asset classes. namq_10_bbr: Basic breakdowns main GDP aggregates and employment (by industry and assets)namq_10_a10: Gross value added and income by A*10 industrynamq_10_an6: Gross fixed capital formation by AN_F6 asset typenamq_10_a10_e: Employment by A*10 industry breakdowns Geographical entities covered are the European Union, the euro area, EU Member States, Candidate Countries, EFTA countries, US, Japan and possibly other countries on an ad-hoc basis. Data sources: National Statistical Institutes.

Data from 1st of December 2019. For most recent GDP data, consult dataset nama_10_gdp. Gross domestic product (GDP) is a measure for the economic activity. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Basic figures are expressed in PPS, i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Please note that the index, calculated from PPS figures and expressed with respect to EU27_2020 = 100, is intended for cross-country comparisons rather than for temporal comparisons."

Regional accounts are a regional specification of the national accounts and therefore based on the same concepts and definitions as national accounts (see domain nama10). The main specific regional issues are addressed in chapter 13 of ESA2010, but not practically specified. For practical rules and recommendations on sources and methods see the publication "Manual on regional accounts methods": http://ec.europa.eu/eurostat/en/web/products-manuals-and-guidelines/-/KS-GQ-13-001 . Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units. It can be defined in three ways: 1. Output approach GDP is the sum of gross value added of the various institutional sectors or the various industries plus taxes and less subsidies on products (which are not allocated to sectors and industries). It is also the balancing item in the total economy production account. 2. Expenditure approach GDP is the sum of final uses of goods and services by resident institutional units (final consumption expenditure and gross capital formation), plus exports and minus imports of goods and services. At regional level the expenditure approach cannot be used in the EU, because there is no data on regional exports and imports.  3. Income approach GDP is the sum of uses in the total economy generation of income account: compensation of employees plus gross operating surplus and mixed income plus taxes on products less subsidies plus consumption of fixed capital. The different measures for the regional GDP are absolute figures in € and Purchasing Power Standards (PPS), figures per inhabitant and relative data compared to the EU28 average.

The source for regional typology statistics are regional indicators at NUTS level 3 published on the Eurostat website or existing in the Eurostat production database. The structure of this domain is as follows: - Metropolitan regions (met)    For details see http://ec.europa.eu/eurostat/web/metropolitan-regions/overview - Maritime policy indicators (mare)    For details see http://ec.europa.eu/eurostat/web/maritime-policy-indicators/overview - Urban-rural typology (urt)    For details see http://ec.europa.eu/eurostat/web/rural-development/overview

The source for regional typology statistics are regional indicators at NUTS level 3 published on the Eurostat website or existing in the Eurostat production database. The structure of this domain is as follows: - Metropolitan regions (met)    For details see https://ec.europa.eu/eurostat/web/metropolitan-regions/background - Other typologies (urt) includes data by urban-rural typology, coastal typology, border/non-border regions, island/non-island typology and mountain/non-mountain regions    For details see https://ec.europa.eu/eurostat/web/regions-and-cities - Tourism statistics by coastal areas (mare)    For details see https://ec.europa.eu/eurostat/web/coastal-island-outermost-regions/methodology

Eurostat Dataset Id:nama_r_e2gdp Gross domestic product - GDP at market prices - is the final result of the production activity of resident producer units (ESA 1995, 8.89). It can be defined in three ways: 1. Output approach GDP is the sum of gross value added of the various institutional sectors or the various industries plus taxes and less subsidies on products (which are not allocated to sectors and industries). It is also the balancing item in the total economy production account. 2. Expenditure approach GDP is the sum of final uses of goods and services by resident institutional units (final consumption expenditure and gross capital formation), plus exports and minus imports of goods and services. At regional level the expediture approach is not used in the EU, because there is no data on regional exports and imports.  3. Income approach GDP is the sum of uses in the total economy generation of income account: compensation of employees, taxes on production, less subsidies, gross operating surplus and mixed income of the total economy. The different measures for the regional GDP are absolute figures in € and Purchasing Power Standards (PPS), figures per inhabitant and relative data compared to the EU27 average.

Eurostat Dataset Id:nama_r_e3gdp National accounts are a coherent and consistent set of macroeconomic indicators, which provide an overall picture of the economic situation and are widely used for economic analysis and forecasting, policy design and policy making. Eurostat publishes annual and quarterly national accounts, annual and quarterly sector accounts as well as supply, use and input-output tables, which are each presented with associated metadata. Annual national accounts are compiled in accordance with the European System of Accounts - ESA 1995 (Council Regulation 2223/96). Annex B of the Regulation consists of a comprehensive list of the variables to be transmitted for Community purposes within specified time limits. This transmission programme has been updated by Regulation (EC) N° 1392/2007 of the European Parliament and of the Council. Meanwhile, the ESA95 has been reviewed to bring national accounts in the European Union, in line with new economic environment, advances in methodological research and needs of users and the updated national accounts framework at the international level, the SNA 2008. The revisions are reflected in an updated Regulation of the European Parliament and of the Council on the European system of national and regional accounts in the European Union of 2010 (ESA 2010). The associated transmission programme is also updated and data transmissions in accordance with ESA 2010 are compulsory from September 2014 onwards. Further information on the transition from ESA 95 to ESA 2010 is presented on the Eurostat website. The domain consists of the following collections: GDP and main aggregates. The data are recorded at current and constant prices and include the corresponding implicit price indices. Final consumption aggregates, including the split into household and government consumption. The data are recorded at current and constant prices and include the corresponding implicit price indices. Income, saving and net lending / net borrowing at current prices. Disposable income is also shown in real terms. Exports and imports by Member States of the EU/third countries. The data are recorded at current and constant prices and include the corresponding implicit price indices. Breakdowns of gross value added, compensation of employees, wages and salaries, operating surplus, employment (domestic scope), gross fixed capital formation (GFCF) and fixed assets and other main aggregates by industry; investment by products and household final consumption expenditure by consumption purposes (COICOP). The data are recorded at current and constant prices and include the corresponding implicit price indices. Auxiliary indicators: Population and employment national data, purchasing power parities, contributions to GDP growth, labour productivity, unit labour cost and GDP per capita. Geographical entities covered are the European Union, the euro area, EU Member States, Candidate Countries, EFTA countries, US, Japan and possibly other countries on an ad-hoc basis. The data are published: - in ECU/euro, in national currencies (including euro converted from former national currencies using the irrevocably fixed rate for all years) and in Purchasing Power Standards (PPS); - at current prices and in volume terms; - Population and employment are measured in persons. Employment is also measured in total hours worked. Data sources: National Statistical Institutes

The source for regional typology statistics are regional indicators at NUTS level 3 published on the Eurostat website or existing in the Eurostat production database. The structure of this domain is as follows: - Metropolitan regions (met)    For details see http://ec.europa.eu/eurostat/web/metropolitan-regions/overview - Maritime policy indicators (mare)    For details see http://ec.europa.eu/eurostat/web/maritime-policy-indicators/overview - Urban-rural typology (urt)    For details see http://ec.europa.eu/eurostat/web/rural-development/overview

Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The ESA 2010 (European System of Accounts) regulation may be referred to for more specific explanations on methodology. Data are presented in million units of national currency.

Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The ESA 2010 (European System of Accounts) regulation may be referred to for more specific explanations on methodology. Data are seasonally adjusted and presented in million units of national currency.

Eurostat Dataset Id:urt_e3gdp

The source for regional typology statistics are regional indicators at NUTS level 3 published on the Eurostat website or existing in the Eurostat production database. The structure of this domain is as follows: - Metropolitan regions (met)    For details see http://ec.europa.eu/eurostat/web/metropolitan-regions/overview - Maritime policy indicators (mare)    For details see http://ec.europa.eu/eurostat/web/maritime-policy-indicators/overview - Urban-rural typology (urt)    For details see http://ec.europa.eu/eurostat/web/rural-development/overview

GDP (gross domestic product) is an indicator for a nation´s economic situation. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Expressing GDP in PPS (purchasing power standards) eliminates differences in price levels between countries, and calculations on a per head basis allows for the comparison of economies significantly different in absolute size.

GDP (gross domestic product) is an indicator for a nation's economic situation. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production.

Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units (ESA 2010, 8.89). It can be defined in three ways: a production approach, an income approach and an expenditure approach. Values are seasonally adjusted (SA). The ESA 2010 (European System of Accounts) regulation may be referred to for more specific explanations on methodology.

Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units (ESA 2010, 8.89). It can be defined in three ways: a production approach, an income approach and an expenditure approach. Data are calculated as chain-linked volumes (i.e. data at previous year's prices, linked over the years via appropriate growth rates). Growth rates 'q/q-1 (sca)' with respect to the previous quarter and 'q/q-4 (sca)' with respect to the same quarter of the previous year are calculated from calendar and seasonally adjusted figures while growth rates 'q/q-4 (nsa)' with respect to the same quarter of the previous year are calculated from raw data.

This indicator shows the investment for the total economy, government, business as well as household sectors. The indicator gives the share of GDP that is used for gross investment (rather than being used for e.g. consumption or exports). It is defined as gross fixed capital formation (GFCF) expressed as a percentage of GDP for the government, business and households sectors. GFCF consists of resident producers' acquisitions, less disposals of fixed assets plus certain additions to the value of non-produced assets realised by productive activity, such as improvements to land. Fixed assets comprise, for example, dwellings, other buildings and structures (roads, bridges etc.), machinery and equipment, but also intangible assets such as computer software and other intellectual property.

The Balance of Payments (BoP) systematically summarizes all economic transactions between the residents and the non-residents of a country or of a economic area during a given period. The Balance of payments provides harmonized information on international transactions which are part of the current account (goods, services, income, current transfers), but also on transactions which fall in the capital and the financial account. BoP is an important macro-economic indicator used to assess the position of an economy (of credit or debit) towards the external world. Data on International Trade in Services (ITS), a component of BoP current account, are used, alongside with data on Foreign Direct Investment (a component of BoP financial account), to monitor the external commercial performance of different economies. Balance of Payments data are used for calculation of indicators needed for monitoring of macroenomic imbalances such as share of main BoP and International Investment Position (IIP) items in GDP and export market shares calculated as the EU Member States' shares in total world exports. Out of BoP data, some indicators of EU market integration are also derived. Data are in millions of Euro/ECU and in millions of national currency. Several statistical adjustments are applied to the original data provided by the Member States. These are described in the International Trade in Services EU 1992-2001 - Compilation guide. The International Monetary Fund Balance of Payments Manual (BPM5) classification is used for the compilation of the BoP. The BoP data are collected through national surveys and administrative sources.

National accounts are a coherent and consistent set of macroeconomic indicators, which provide an overall picture of the economic situation and are widely used for economic analysis and forecasting, policy design and policy making. Eurostat publishes annual and quarterly national accounts, annual and quarterly sector accounts as well as supply, use and input-output tables, which are each presented with associated metadata. Even though consistency checks are a major aspect of data validation, temporary (usually limited) inconsistencies between datasets may occur, mainly due to vintage effects. Quarterly national accounts are compiled in accordance with the European System of Accounts - ESA 2010 as defined in Annex B of the Council Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013.   The previous European System of Accounts, ESA95, was reviewed to bring national accounts in the European Union, in line with new economic environment, advances in methodological research and needs of users and the updated national accounts framework at the international level, the SNA 2008. The revisions are reflected in an updated Regulation of the European Parliament and of the Council on the European system of national and regional accounts in the European Union of 2010 (ESA 2010). The associated transmission programme is also updated and data transmissions in accordance with ESA 2010 are compulsory from September 2014 onwards. Further information (including actual communications) is presented on the Eurostat website.   The domain consists of the following collections: 1. Main GDP aggregates main components from the output, expenditure and income side, expenditure breakdowns by durability and exports and imports by origin.

National accounts are a coherent and consistent set of macroeconomic indicators, which provide an overall picture of the economic situation and are widely used for economic analysis and forecasting, policy design and policy making. Eurostat publishes annual and quarterly national accounts, annual and quarterly sector accounts as well as supply, use and input-output tables, which are each presented with associated metadata. Even though consistency checks are a major aspect of data validation, temporary (usually limited) inconsistencies between datasets may occur, mainly due to vintage effects. Annual national accounts are compiled in accordance with the European System of Accounts - ESA 2010 as defined in Annex B of the Council Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013.   The previous European System of Accounts, ESA95, was reviewed to bring national accounts in the European Union, in line with new economic environment, advances in methodological research and needs of users and the updated national accounts framework at the international level, the SNA 2008. The revisions are reflected in an updated Regulation of the European Parliament and of the Council on the European system of national and regional accounts in the European Union of 2010 (ESA 2010). The associated transmission programme is also updated and data transmissions in accordance with ESA 2010 are compulsory from September 2014 onwards. Further information (including actual communications) is presented on the Eurostat website. The domain consists of the following collections:   1. Main GDP aggregates: main components from the output, expenditure and income side, expenditure breakdowns by durability and exports and imports by origin. <

The indicator is a subset of the Net international investment position (NIIP) that abstracts from its pure equity-related components, i.e. foreign direct investment (FDI) equity and equity shares, and from intracompany cross-border FDI debt, and represents the NIIP excluding instruments that cannot be subject to default. The indicator is based on annual figures from the Eurostat Balance of payments and is defined as the NIIP minus net direct investment (FA__D__F) minus net portfolio equity (FA__P__F51). It is calculated as a % of GDP and expressed in national currency.

Net social contributions (ESA 2010 code D.61) are the actual or imputed contributions made by households to social insurance schemes to make provision for social benefits to be paid.

Value added at factor cost in the ICT sector (source: SBS, variable V12150) Since 2008, definition of the ICT sector is based on NACE Rev. 2 classification as follows: ICT Total (261 + 262 + 263 + 264 + 268 + 951 + 465 + 582 + 61 + 62 + 631) ICT Manufacturing (261 + 262 + 263 + 264 + 268) ICT Services (951 + 465 + 582 + 61 + 62 + 631) Until 2007, definition of the ICT sector is based on NACE Rev. 1.1 classification as follows: ICT Total (30 + 313 + 32 + 332 + 333 + 5184 + 5186 + 642 + 72) ICT Manufacturing (30 + 313 + 32 + 332 + 333) ICT Services (5184 + 5186 + 642 + 72) Total value added at factor cost (source: National Accounts, all branches) Value added at factor cost is defined as Gross value added (at basic prices) minus Other taxes less other subsidies on production. Due to change of the ICT sector definition as a consequence of change of the underlying classification, data for 2008 are not comparable with data published for previous years.

The indicator includes “Gross investment in tangible goods”, “Number of persons employed” and “Value added at factor costs” in the following three sectors: the recycling sector, repair and reuse sector and rental and leasing sector. The recycling, repair and reuse and rental and leasing sectors are defined and approximated in terms of economic activity branches of the NACE Rev. 2 classification. The following NACE codes have been selected to compute this indicator: (see list of codes selected). This indicator is collected within the frame of the Structural Business Statistics (SBS), as required in Commission Regulation N° 250/2009. The following definitions are taken from Structural Business Statistics (SBS) framework: Gross investment in tangible goods is defined as investment during the reference year in all tangible goods. Included are new and existing tangible capital goods, whether bought from third parties or produced for own use (i.e. capitalised production of tangible capital goods), having a useful life of more than one year including non-produced tangible goods such as land. Investments in intangible and financial assets are excluded. Jobs are expressed in number of persons employed and as a percentage of total employment. Number of persons employed is defined as the total number of persons who work in the observation unit, i.e. the firm (inclusive of working proprietors, partners working regularly in the unit and unpaid family workers), as well as persons who work outside the unit who belong to it and are paid by it - e.g. sales representatives, delivery personnel, repair and maintenance teams. It excludes manpower supplied to the unit by other enterprises, persons carrying out repair and maintenance work in the enquiry unit on behalf of other enterprises, as well as those on compulsory military service. Value added at factor costs is the gross income from operating activities after adjusting for operating subsidies and indirect taxes. It can be calculated as the sum of turnover, capitalized production, other operating income, increases minus decreases of stocks, and deducting the following items: purchases of goods and services, other taxes on products which are linked to turnover but not deductible, duties and taxes linked to production. Value adjustments (such as depreciation) are not subtracted.

Gross domestic product (GDP) is a measure for the economic activity. It refers to the value of the total output of goods and services produced by an economy, less intermediate consumption, plus net taxes on products and imports. GDP per capita is calculated as the ratio of GDP to the average population in a specific year. Basic figures are expressed in purchasing power standards (PPS), which represents a common currency that eliminates the differences in price levels between countries to allow meaningful volume comparisons of GDP. The values are also offered as an index calculated in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Please note that this index is intended for cross-country comparisons rather than for temporal comparisons. Finally, the disparities indicator offered for EU aggregates is calculated as the coefficient of variation of the national figures. This time series offers a measure of the convergence of economic activity between the EU Member States.

Gross domestic product (GDP) is a measure of the economic activity, defined as the value of all goods and services produced less the value of any goods or services used in their creation. The calculation of the annual growth rate of GDP volume is intended to allow comparisons of the dynamics of economic development both over time and between economies of different sizes. For measuring the growth rate of GDP in terms of volumes, the GDP at current prices are valued in the prices of the previous year and the thus computed volume changes are imposed on the level of a reference year; this is called a chain-linked series. Accordingly, price movements will not inflate the growth rate.

The indicator is calculated as the ratio of real GDP to the average population of a specific year. GDP measures the value of total final output of goods and services produced by an economy within a certain period of time. It includes goods and services that have markets (or which could have markets) and products which are produced by general government and non-profit institutions. It is a measure of economic activity and is also used as a proxy for the development in a country’s material living standards. However, it is a limited measure of economic welfare. For example, neither does GDP include most unpaid household work nor does GDP take account of negative effects of economic activity, like environmental degradation.

20.1. Source data

GVA (gross value added) is an indicator of the economic activity of a country or a region. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Several years ago Eurostat has started to collect real growth rates of regional GVA at NUTS level 2 fom those Member States which calculate this already. The indicator is part of the ESA 2010 data transmission programme, but the transmission will be obligatory only as from the end of 2017.

GDP (gross domestic product) is an indicator of the output of a country or a region. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Expressing GDP in PPS (purchasing power standards) eliminates differences in price levels between countries. Calculations on a per inhabitant basis allow for the comparison of economies and regions significantly different in absolute size. GDP per inhabitant in PPS is the key variable for determining the eligibility of NUTS 2 regions in the framework of the European Union's structural policy.

GDP (gross domestic product) is an indicator of the output of a country or a region. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Expressing GDP in PPS (purchasing power standards) eliminates differences in price levels between countries. Calculations on a per inhabitant basis allow for the comparison of economies and regions significantly different in absolute size. GDP per inhabitant in PPS is the key variable for determining the eligibility of NUTS 2 regions in the framework of the European Union's structural policy.

GDP (gross domestic product) is an indicator of the output of a country or a region. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Expressing GDP in PPS (purchasing power standards) eliminates differences in price levels between countries. Calculations on a per inhabitant basis allow for the comparison of economies and regions significantly different in absolute size. GDP per inhabitant in PPS is the key variable for determining the eligibility of NUTS 2 regions in the framework of the European Union's structural policy.

GDP (gross domestic product) is an indicator of the output of a country or a region. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Expressing GDP in PPS (purchasing power standards) eliminates differences in price levels between countries. Calculations on a per inhabitant basis allow for the comparison of economies and regions significantly different in absolute size. GDP per inhabitant in PPS is the key variable for determining the eligibility of NUTS 2 regions in the framework of the European Union's structural policy.

Resource productivity is gross domestic product (GDP) divided by domestic material consumption (DMC). DMC measures the total amount of materials directly used by an economy. It is defined as the annual quantity of raw materials extracted from the domestic territory of the focal economy, plus all physical imports minus all physical exports. For the calculation of resource productivity, Eurostat uses GDP either in unit 'EUR in chain-linked volumes' (to the reference year 2010 at 2010 exchange rates) or in unit 'PPS' (Purchasing Power Standard). Consequently, the indicator is expressed: i) in euro per kg, for comparing the changes in one country over time; ii) in PPS per kg, for comparing different countries in one specific year. It is also calculated as an index on year 2000, for comparing countries in different years.