Gross Domestic Product etc - 13

1.33 There are several other terms which need to be defined in the context
of national accounts. For ready reference the Glossary of Main Terms used in
NAS given in this publication may be referred to.

Economic performance indicators

Indicators                                                         Interpretation

GDP rate of growth                                            The performance of the economy
GDP per capita                                                  The level of economic development in
                                                                          comparison to other countries
Compensation of employees per work hour          Labour cost
Compensation of employees/gross value added    Income share of employees in GDP
Operating surplus/ gross value added                   Income share of capital in GDP
Gross capital formation / GDP                             Investment rate of the nation
Saving/GDP                                                        Saving rate of the nation
Saving/gross fixed capital formation                     Domestic funding of investment
Saving of an institutional sector/ total saving         Contribution of each sector to total saving
Saving of households/disposable income of          Saving rate of households
households
[Reproduced from CSO publication

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