Open Data

Real Gross Domestic Product at Market Prices, Annual Percent Change, Canada and Alberta

Description

This Alberta Official Statistic describes the percentage change in real gross domestic product at market prices (in chained 2007 dollars) for both Alberta and Canada for the period 2009–2014. The Provincial and Territorial Gross Domestic Product by Income and by Expenditure Accounts program produces annual estimates of selected aggregates of the Income and Expenditure Accounts, by province and territory: gross domestic product, final domestic demand, household income and government sector accounts.

Tags
AOS Alberta Official Statistics Gross Domestic Product official statistic

Title and Dataset Information

Alternative Title

None

Date Modified

2016-11-24

Update Frequency

Annual

Publisher / Creator Information

Publisher

Treasury Board and Finance

Subject Information

Start Date

1981-01-01

End Date

2015-12-31

Spatial Coverage

Alberta, Canada

Resource Dates

Date Created

2016-11-24

Date Added to catalogue

2015-05-13T19:27:14.810154

Date Issued

2013-05-28

Date Modified

2016-11-24

Date Archived

N/A

Audience information

Identifiers

External Identifier

N/A

Usage / Licence

Usage Considerations

Historical (Comprehensive) Revision Beginning in October 2012, the Canadian System of National Accounts has been undergoing a historical (comprehensive) revision to incorporate updated international national accounting standards, as well as conceptual, classification, presentational and major statistical changes. As part of this revision, estimates of gross domestic product (GDP) have been revised at both the national and provincial/territorial levels. At the moment, revised estimates back to 1981 are available. GDP estimates for years prior to 1981 will be released at a later date. Target population The Canadian economy (households, non-profit institutions serving households, financial corporations, non-financial corporations and non-residents). Quality evaluation Data are analyzed for time series consistency, links to current economic events, issues arising from the source data, and with respect with coherence. As well, the discrepancy between the estimates of income- and expenditure-side GDP is assessed. Data accuracy The accounts are designed as a double-entry system in which the income- and expenditure-based GDP totals should, in principle, be identical. In fact, a difference virtually always arises between them due to errors in the source data, imperfect estimation techniques, and discrepancies in the time at which the incomes and expenditures are recorded. The size of the discrepancy, which stems from the estimation procedure, is one gauge of the system's overall reliability. However, it is a partial and quite insufficient gauge. Another quality measure is how well real expenditure-side GDP compares to the real GDP by Industry measure. No direct measures of the margin of error in the estimates can be calculated. The quality of the estimates can be inferred from analysis of revisions and from a subjective assessment of the data sources and methodology used in the preparation of the estimates.

Contact

Contact Name

Office of Statistics and Information

Contact Other

N/A