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HASSET Thesaurus

Concept information

SOCIO-ECONOMIC INDICATORS > ECONOMIC INDICATORS > GROSS NATIONAL EXPENDITURE
ECONOMICS > ECONOMIC INDICATORS > GROSS NATIONAL EXPENDITURE
ECONOMICS > EXPENDITURE > GROSS NATIONAL EXPENDITURE

Preferred term

GROSS NATIONAL EXPENDITURE  

Definition

  • TOTAL OF ALL EXPENDITURE OF ALL KINDS WITHIN THE ECONOMY, PUBLIC AND PRIVATE. IT IS USUALLY DIFFERENT FROM GROSS DOMESTIC PRODUCT (GDP) BECAUSE EXPENDITURES ON IMPORTS ARE INCLUDED, BUT EXPORTS (GOODS PRODUCED WITHIN THE ECONOMY BUT SOLD OUTSIDE OF IT) ARE NOT.

Broader concept

History note

  • TERM CREATED JANUARY 2008

Keyword search

URI

https://hasset.ukdataservice.ac.uk/3ffba027-77ef-4033-9f26-e5cd70acf545

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