Open Data

Real Gross Domestic Product for Primary Agriculture Industries, Alberta and Canada

Description

This Alberta Official Statistic presents annual per cent change for Alberta and Canada real Gross Domestic Product (GDP) for Primary Agriculture Industries, 2008-2014. Gross Domestic Product (GDP) is a measure of the economic production which takes place within a geographical area. The term "gross" in GDP means that capital consumption costs, that is the costs associated with the depreciation of capital assets (buildings, machinery and equipment), are included. The production estimates are prepared for 215 separate industries using the North American Industrial Classification System (NAICS). Real GDP is gross domestic product adjusted for price changes. By taking out the impact of fluctuation in prices, real GDP allows people to more accurately measure the changes in total output and service for a jurisdiction. GDP measures are part of the Canadian System of National Accounts (SNA). The SNA provides a conceptually integrated framework of statistics for studying the state and behavior of the Canadian economy. The accounts are centered on the measurement of activities associated with the production of goods and services, the sales of goods and services in final markets, the supporting financial transactions, and the resulting wealth positions.

Tags
AOS Alberta Official Statistics GDP Gross Domestic Product Primary Agriculture Industries

Title and Dataset Information

Date Modified

2015-05-15

Update Frequency

Annual

Publisher / Creator Information

Publisher

Agriculture and Forestry

Subject Information

Start Date

2008-01-01

End Date

2014-12-31

Spatial Coverage

Alberta, Canada

Resource Dates

Date Created

2015-05-13

Date Added to catalogue

2015-05-13T19:25:54.485376

Date Issued

2013-05-28

Date Modified

2015-05-15

Audience information

Identifiers

Usage / Licence

Usage Considerations

The data are used by Agriculture and Agri-food Canada and other federal departments to develop and administer agricultural policies. This information is also used by provincial departments for production and price analysis and for economic research. The target population consists of all establishments in Canada. The establishment is the level at which the accounting data required to measure production is available. The establishment, as a statistical unit, is defined as the most homogeneous unit of production for which the business maintains accounting records from which it is possible to assemble all the data elements required to compile the full structure of the gross value of production (total sales or shipments, and inventories), the cost of materials and services, and labour and capital used in production. Data were collected from other Statistics Canada surveys and/or other sources. Weaknesses in source data arise mainly from the following: a) undercoverage; b) inappropriate concepts and definitions. The GDP measures rely heavily on a wealth of information from various areas of Statistics Canada, from other federal departments and agencies, from provincial governments departments, and from private industry sources. This large amount of information is compiled, integrated and analyzed as part of the complex process of arriving at GDP by industry. No direct measures of the margin of error in the estimates can be calculated. Data reliability ratings are a product of data integration and analysis inherent in the compilation of GDP by industry. They rely both on the quantitative attributes of the data sources used, such as sample size, response rate and coefficient of variation, and on the expert judgment of analysts who undertake data integration of these various sources.

Contact

Contact Name

Office of Statistics and Information

Contact Email

osi.support@gov.ab.ca