Understanding about Gross Domestic Product
βοΈ αααααΉαααααΆαα
– ααα·ααααααα»ααααα»αααα»α α¬α’αΆα
αααααααΆααααΆ ααα (ααΆααΆααΆα’αααααααα Gross Domestic Product, GDP) ααΊααΆαααααΆααααΌαα·αααααα»α¬αααααααααααααα·αααααα·ααα·αααααΆααααααΆααα’αααααα»ααααααααΈααααΆααααααα·αα‘αΎααα
α’αα‘α»ααααααΆααααΆααααΆαα½αα
– ααα·ααααααα»ααααα»αααα»αααααΌαααΆαα
ααααααΆαα
ααα½αα£ααΎααααα»ααα½αααααΈααΆαααααα½αααΆαα αα·ααααααααΎαααΈα‘ (Advance) αα·ααααααααΎαααΈα’ (Second) αα·ααα·ααααααααΎαααΈα£ (Third)α
– ααΆαααααΉααα»αααααααΈααααΆααα
ααΎααΌα
ααΆαα GDPα
– ααΌα
ααΆααCCI ααΆαααααΆααα
α»αααα α‘α α‘.α£ αα
αααα»αααααΈααΆ αααααΆααααααΆαααα»αα
α·ααααααααααααΆαααα ααααα’αΆαααα·ααα
ααΎααααααα·α
αα
ααΆααααΌαααΆαααΆαααααΆααα
α»αα
βοΈ ααααααααααΈααα·ααααααα»ααααα»αααα»α(GDP)
ααα·ααααααα»ααααα»αααα»α ααααΌαααΆαααααΎααααΆααααΎααααΈααααΆαααααααα
ααΎααααΆαααΆαααααααα·α
αα
αααααααΎααΆαααΆααααααα
ααΎαααααααΈααααΆααααααααα·α αα·αααααΆαααααααα»ααααα»αααα»ααα
αααα»αααααααααααααα½αα αααααααα
ααααααΊαα½αααααΆααααΈαα·ααα
ααααΌα
ααΆααααΆαααΆαααααααα·α
αα
αα
αααααααααα·α
αα
αα·ααΌ αα·αα·αααα·α α¬α’αΆααΈααα ααΎααααΈααααΎααΆααααααα
α
α·ααααα
ααΎααααααααΆαααααααα·α
αα
αααααα±ααΆααααα»αααΆααα·αα·ααα αα·αααααΆααααΈααα αΌαααΈααααΆααα
αα
α»ααααααα
*** ααα·ααααααα»ααααα»αααα»αααααΌαααΆαα ααααααΆαα ααα½αα£ααΎααααα»ααα½αααααΈααΆαααααα½αααΆαα αα·ααααααααΎαααΈα‘ (Advance) αα·ααααααααΎαααΈα’ (Second) αα·ααα·ααααααααΎαααΈα£ (Third)α
βοΈ ααΌααααα
GDP = ααΆαα
αΆαααΆααααα
αΆααααααααααααααΆαααααα +ααΆααα·αα·ααα +ααΆαα
αααΆααααααααα + (ααα·αααααΆαα
αα – ααα·αααααΆαα
αΌα)
βοΈ αααααΉαααααααα’αααΈααΌα
ααΆαα GDP
ααΆαααΎαα‘αΎα α¬ααΆαααα
α»αααααα·ααααααα»ααααα»αααα»αααα α’αΆα
ααα₯αααα·αααα
ααααααααΆααΆα
αααΎαααΌα
ααΆα
βοΈ ααΆαααααΉααα»αααααααΈααααΆααα
ααΎααΌα
ααΆαα GDP
α’ααααα·ααΆαααΆα
αααΎαααΆαααααΉααα»αααΆ ααΆαα
ααααααΆααα·αααααα GDP αααααα ααααα’αΆαααα·ααααα»ααααααααΉαααα
α»αααα α’.α % αα
αααα»αααααΈααΆαααΈαα½α αααααΆααααΈααΆαααΆαααααΆααα
α»α α’.α¦% αα
αααα»αααααΈααΆαααΈαα»αα αααααΆααααα»αα±ααααΆαααΆααααα½αααΆαααααααΆαααααΆααα’αααΈααΆαααααΆααα
α»αααααααααα·α
αα
αα·αα’αΆα
ααααΎα±ααααααΆαααα»ααααΆααααα»ααααα»αααααΆααα
α»ααααα»αααααααααααΈα α
ααααα―ααΌα
ααΆααααααααααααΌα
ααΆ ααΌα
ααΆαα CCI αα·αααΆαααΆαα
ααααα·ααααααα»ααααα»αααα’αΆα
αααα»αα±ααααΆαααΆαααααΆααα
α»ααα GDP αααααα
βοΈ ααα·ααααααα»ααααα»αααα»ααααααα ααααα’αΆαααα·ααα ααααΈααΆαααΈα‘
| ααΆααααααα | ααααΆαααα | αα·ααααααα αΆαα | |
| ααααααΆ | – | α’.α % | α’.α¦% |
| ααααΈααΆ | α’.α¦% | α’.α§% | α£.α’% |
βοΈ αααααΆαα½αα
ααα½ααααααααΎα±ααααΌα
ααΆαα GDP ααΆαααΆαααααΆααα
α»α
ααΌα
ααΆαα CCI ααΆαααααΆααα
α»αααα α‘α α‘.α£ αα
αααα»αααααΈααΆ αααααΆααααααΆαααα»αα
α·ααααααααααααΆαααα ααααα’αΆαααα·ααα
ααΎααααααα·α
αα
ααΆααααΌαααΆαααΆαααααΆααα
α»αα αααααΆαααααΎα±ααααΆααααααααΆαααααααΆαα
αΆαααΆααααα
αΆααααααααααααααΆαααααα ααααααΆααααα·αααΆαααααααααααα·α
αα
(Economyβs productivity) ααΆαα·ααααα
ααΎαααααΌαααΆα αα·αααΆαααααααααααα α
ααααα―ααΆαααΆαα
ααααα·ααααααα»ααααα»αααααΆαααΆαααα
α»αααα α’.α§%αααααα αααααΆααΆαααααααΆααα»αΆααα±ααααΆαααΆαααααΆααα
α»ααα GDP αααααΆαααααΆαα
αΆαααΆααααα
αΆααααααααααααααΆαααααα αα·αααΆαααΆαα
ααααα·ααααααα»ααααα»ααααααΆααααααα½ααα
αααα»αααΆαααααΆαα GDPα ααΌα
αααα αα·αα·αααα·ααα½ααααααα½ααα·αα·ααααα
ααΎααααααΆα ααααααΆααααΌα
ααΆααααααααα·α
αα
αααααααα ααΎααααΈααα½αααΆαααΆααααααΉαααΆααααα
αααΆαααα
ααΎααααΆαααΆαααααααα·α
αα
α
βοΈ αααααΊααΆααα·ααααααα»ααααα»αααα»α (GDP) αααααααααΆαααααααααααα»αααααααα’ααααΆααα½αααΆαα
– US GDP (7% Q4 2021 Vs. -1.6% Q1 2022)
– Japan GDP (1.1% Q3 2022 Vs. -0.3% Q4 2022)
– UK GDP (5.5% Q2 2021 Vs. -0.3% Q3 2022)
– New Zealand GDP (17.4% Q2 2021 Vs. -0.3% Q3 2021)
– Canada GDP (1.6% Q4 2021 Vs. 0.0% Q4 2022)
| English Version |
βοΈ Key Takeaways
– Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by a country or countries.
– Remember, there are 3 versions of GDP released monthly: advance, second release, and third release.
– The market expectation for the U.S. GDP.
– The consumer confidence index fell to 101.3 in March may affect consumer spending and the economy’s productivity, especially supply and demand dynamics.
βοΈ Understand about GDP
The important indicator, gross domestic product, is used to assess how well the economy is doing by measuring the market value of domestic goods and services over a period of time. This aims to guide policymakers, investors, or businesses to make decisions about economic policies, investment opportunities, and market trends.
*** Remember, there are 3 versions of GDP released monthly: advance, second release, and third release.
βοΈ Formula
GDP = Consumer spending + Investment + Government spending + (Export-Import).
βοΈ Further Insights
The increase or decrease in GDP may influence other factors such as:
βοΈ The market expectation for the U.S. GDP
Many analysts expect the U.S. GDP data release this month to surge to 2.0% in the first quarter, down from 2.6% in the previous quarter. If the forecast is confirmed, then this may raise concerns about the economic slowdown and weaken the domestic dollar temporarily. Other indicators, such as the CCI and exports, can also provide insights into the health of the economy and may help explain a decline in GDP.
βοΈ U.S. GDP Q1 Advance
| Actual | Forecast | Previous | |
| April | – | 2.0% | 2.6% |
| March | 2.6% | 2.7% | 3.2% |
βοΈ The explanation for a decline in GDP
The consumer confidence index fell to 101.3 in March, which may affect consumer spending and the economy’s productivity, especially supply and demand dynamics. The same effect was applied by the decline in exports, which dropped by 2.7%. This may further cause the GDP to slip a bit as the GDPβs component is made up of consumer spending and net exports. Therefore, it is important to monitor other potential news and indicators to gain a comprehensive understanding of the state of the economy.
βοΈ In a span of 2 years, the GDP for the major countries is listed below from peak to the lowest point:
– US GDP (7% Q4 2021 Vs. -1.6% Q1 2022)
– Japan GDP (1.1% Q3 2022 Vs. -0.3% Q4 2022)
– UK GDP (5.5% Q2 2021 Vs. -0.3% Q3 2022)
– New Zealand GDP (17.4% Q2 2021 Vs. -0.3% Q3 2021)
– Canada GDP (1.6% Q4 2021 Vs. 0.0% Q4 2022)