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Economic Interpret

We publish a lot of energy data regularly. These data include six areas, economic, energy, electricity, oil, natural gas, renewable energy. To better help users understand the energy data, here we put some data interpret. Please contact us if you still have any questions about the data.


Economic

Gross domestic product (GDP) is the standard measure of the value of final goods and services produced by a country during a period minus the value of imports. GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons.

GDP, Economic

Value added is the difference between the total sales revenue of an industry and the total cost of components, materials, and services purchased from other firms within a reporting period (usually one year). It is the industry's contribution to the gross domestic product (GDP) and is the basis on which value added tax is computed.

Value added, Economic