Aside from Luxembourg, average household consumption expenditure per inhabitant in PPS terms was also relatively high in 2019 in Austria (PPS 19 990) and Germany (PPS 19 450). ©

Income from taxes on production and imports increased each and every year between 2009 and 2019, resulting in growth of 43.1 % overall. Real gross domestic product (GDP) decreased at an annual rate of 31.7 percent in the second quarter of 2020, according to the “second” estimate released by the Bureau of Economic Analysis. Organisation for Economic It was highest by far in Ireland (45.6 %), while Hungary (28.6 %), Czechia (26.2 %) and Estonia (26.1 %) also recorded shares above 25.0 %.

A similar situation was recorded for business services with the exception of a modest decline of 0.2 % in 2012, for public administration, defence, education, human health and social work activities except for no change in 2012 and a small decline of 0.1 % in 2013, and for distributive trades, transport, accommodation and food services except for a decline of 0.5 % in 2013. An official website of the United States government

Real gross domestic product (GDP) decreased at an annual rate of 31.7 percent in the second quarter of 2020, according to the “second” estimate released by the Bureau of Economic Analysis. Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period.

National accounts can be used for various types of analysis and evaluation. GDP is the value of the goods and services produced in the United States. This indicator is less suited for comparisons over time, as developments are not only caused by real growth, but also by changes in prices and PPPs. The relative position of individual countries can be expressed through a comparison with the EU-27 average, with this set to equal 100 (see the right hand half of Table 2). Based on this measure, the highest value among the EU Member States was recorded for Luxembourg, where GDP per inhabitant in PPS was about 2.6 times as high as the EU-27 average in 2019 (which is partly explained by the importance of cross-border workers from Belgium, France and Germany).

Austria recorded the slowest increase in household consumption expenditure per inhabitant, up on average by 0.4 % each year during the period from 2014 to 2019, while increases averaging less than 1.0 % each year were also recorded in Luxembourg (0.5 %) and Greece (0.8 %).

One of the main uses of national accounts data relates to the need to support European economic policy decisions and the achievement of The Directorate-General for Economic and Financial Affairs also produces the European Commission’s macroeconomic The analysis of public finances through national accounts is another well-established use of these statistics.

In 2019, all activities across the EU-27 reported growth in their gross value added compared with 2018, except for industry.

Gross domestic product (GDP), the featured measure of U.S. output, is the market value of the goods and services produced by labor and property located in the United States.For more information, see the Guide to the National Income and Product Accounts of the United States (NIPA) and … Snapshot of data for a fixed period (data will not change even if updated on the site) Data within the national accounts domain encompasses information on GDP components, employment, final consumption aggregates and savings. The main aggregates of national accounts are compiled from institutional units, namely non-financial or financial corporations, Data within the national accounts domain encompasses information on GDP components, employment, final consumption aggregates and savings.



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