Rising prices are not the reason for the general annual growth of GDP in various countries. Because each country has its own statistical "base year". Calculate the GDP of other years according to the commodity prices in the base year. In this way, the interference of price fluctuations on GDP statistics can be ruled out. This is why we can see that there is often such a sentence in the national statistical bulletin: at a constant price for a certain year.

The current base year of China is 2000. In other words, the statistics of other years are based on the price level in 2000.

GDP (gross domestic product) is the final result of the production activities of all permanent units in a country (or region) in a certain period of time. GDP is the core index of national economic accounting, and it is also an important index to measure the economic situation and development level of a country or region.

On June 8, 20021,10, the National Bureau of Statistics released data. According to preliminary accounting, the GDP in the first three quarters was 202 1 and 3 1 billion yuan, which increased by 9.8% year-on-year and 5.2% on average compared with the first half of the year.

In February of 20021,17, the National Bureau of Statistics announced that, after final verification, in 2020, the current gross domestic product will be1kloc-0/356.7 billion yuan, which is 2.41900 million yuan less than the preliminary accounting.

major feature

limit

(1) Because GDP uses market prices to evaluate goods and services, it does not include the value of almost all activities outside the market. In particular, GDP ignores the value of domestically produced goods and services.

(2)GDP does not include environmental quality. Imagine that the government has abolished all environmental controls, so enterprises can produce goods and services without considering the pollution they cause. In this case, GDP will increase, but welfare is likely to decline. The deterioration of air and water quality is greater than the welfare benefits brought by more production.

(3)GDP does not involve income and distribution. Per capita GDP tells us the average situation of everyone, but behind the average amount is the huge difference in personal income.

Therefore, in most cases, but not all cases, GDP is a good indicator to measure economic welfare.

(4) The concept of 4)GDP comes from the principle that exchange generates wealth. The basic conditions of this principle are: first, the exchange must be voluntary, second, the exchange must not hinder the third party, and third, the exchange must really take place between two clear property rights subjects.

Assuming that these three conditions are not met, the accuracy of the obtained GDP value may be greatly reduced, or the GDP data will be flawed. For example, forced trading GDP, GDP that hinders others, GDP created by exports, GDP generated by investment, GDP brought by consumption, and so on. Will affect the total effective accumulation of GDP.

similarity

China's National Accounting System (2002) adopted the basic accounting principles, contents and methods of the United Nations National Accounting System (SNA) 1993, so the GDP data is internationally comparable.

The historical data of quarterly GDP was revised after the national economic census was carried out or the calculation method and classification standard changed, so the quarterly GDP time series since 1992 1 quarter is comparable.