Open Data

Alberta Gross Domestic Product (GDP) for Agri-Food Industries In Chained (2007) Dollars


This product provides the Economic Indicator of Alberta Gross Domestic Product (GDP) for Agri-Food Industries in Chained (2007) Dollars for a seven-year period. Year-over-year Annual Percent Change between year 2010 to 2014 of the Alberta CGP for Agriculture and Food Manufacturing Industries are included.

Agri-Food Agriculture Statistics Yearbook GDP Gross Domestic Product

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Agriculture and Forestry

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Alberta Agriculture Statistics - Economic Indicators is compiled by the Alberta Agriculture and Forestry, Statistics and Data Development Branch. Data Source from Statistics Canada, CANSIM Database Table Number 379-0030. This does not constitute an endorsement by Statistics Canada of this product. Note: - The totals for agri-food industries shown in this table include agriculture industries and food manufacturing industries. -For the gross domestic product (GDP) by industry refer to CANSIM table 379-0031. - The official measure of GDP published by Statistics Canada is expressed in Chained Fisher 2007 reference dollars. The Chained Fisher measure is an aggregation formula that more accurately weights the contribution of each industry in the total economy (or an aggregate of sum set of elemental industries) according to more current weights instead of weights from some fixed year in the past. To arrive at the Chained Fisher measure, a Chained index of change for each industry and for any chosen aggregate of industries is first derived, individually; the aggregates are not a simple sum of the component industries. This index is then converted to a dollar series by choosing a ""reference year"" (2007) for the dollar units. The dollar series is then built up by applying the index to the reference year dollar and thereby presenting the changes expressed in the index into dollars. So, while the Chained Fisher measure provides a much better valuation of each industry in the current year, this measure does not come without its own set of drawbacks. One drawback is that time series expressed in Chained Fisher units cannot be added up. To obtain aggregates, summing of the components must be done at a much earlier phase in the calculation. For example, the total for crop and animal production is calculated as one estimation, then the separate totals for crop production and livestock production are estimated. View Additional information on the survey or statistical program related to this information: Gross Domestic Product by Industry - Provincial and Territorial (Annual) - 1303


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