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GROSS NATIONAL EXPENDITURE
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Scope note
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.
TERM CREATED JANUARY 2008
E25.08
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