Middle Eastern and North Africa Compared by Economy > National accounts > Local currency at current prices > Aggregate indicators > GDP > Current LCU
DEFINITION:
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
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