Data Dictionary: | World Development Indicators 2015 |
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Data Source: | Social Explorer; The World Bank |
Data set: Social Explorer Tables (SE)
Table: | T8. Gross Domestic Product - GDP (Current US$) [2] |
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Table Details
T8. | Gross Domestic Product - GDP (Current US$) | ||||||
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Relevant Documentation:
Excerpt from: | Social Explorer; World Development Indicators 2013: Technical Documentation |
World development Indicators: Technical Documentation -> Variable Descriptions -> GDP (Current US$) |
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Excerpt from: | Social Explorer; World Development Indicators 2013: Technical Documentation |
World development Indicators: Technical Documentation -> Variable Descriptions -> GDP (Annual % Growth) |
Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2005 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.