Gross Domestic Product

Gross Domestic Product (GDP) is a measure of the monetary value of all output (or production) by all firms, non-profit institutions, government bodies and households in a country for a specific timeperiod.

A distinction is made between nominal and real GDP. Nominal GDP measures output at current prices, whereas real GDP keeps prices constant. The relative change in real GDP is an important indicator of the performance of a countries economy and in media reports is often simply referred to as 'economic growth'.

1 - No Poverty2 - Zero Hunger3 - Good Health and Well-Being4 - Quality Education5 - Gender Equality6 - Clean Water and Sanitation7 - Affordable and Clean Energy8 - Decent Work and Economic Growth9 - Industry Innovation and Infrastructure10 - Reduced Inequalities11 - Sustainable Cities and Communities12 - Responsible Consumption and Production13 - Climate Action14 - Life Below Water15 - Life Land16 - Peace Justice and Strong Institutions17 - Partnerships Goals

Key Chart

News & Publications

International trade as a share of gross domestic product in selected Pacific economies

March 18, 2021
International trade as a share of the Gross Domestic Product (GDP), or trade-to-GDP ratio as it is more commonly referred to, gives an indication of the relative openness and importance of trade in a country.

2020 pocket statistical summary

September 15, 2020
Our 2020 pocket statistical summary has arrived, providing a quick overview of statistics for the people and economies of the Pacific Community’s (SPC’s) member countries.

The Economic and Social Impact of the COVID-19 Pandemic on the Pacific Island Economies

April 29, 2020
The ongoing COVID-19 Pandemic around the world has necessitated the Statistics Development Division (SDD) of the Pacific Community (SPC) to explore it’s impact on the Pacific Island economies.

Revenue Statistics in Asian and Pacific Economies, Meeting

April 1, 2019
The Revenue Statistics in Asian and Pacific Economies publication is jointly undertaken by the OECD Centre for Tax Policy and Administration and the OECD Development Centre with the co-operation of the Asian Development Bank (ADB) ...

PDH.stat datasets