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GDP at Market Prices - Gross Domestic Product - Euro Zone
The European Central Bank releases several economic indicators for the Euro Area; these indicators include the Inflation Rate, Monetary aggregate M3, Unit labor costs, Labor productivity, Current account balance as a percentage of the GDP, Currency in circulation, Gross outstanding debt, unemployment level and GDP at market prices.
The last economic indicator is what this trading item gets from the ECB website. The Gross domestic product at market prices is the total sum of services and goods produced in a country. The valuation uses the actual prices paid by buyers after applying taxes and subsidies. The GDP can also be defined as the sum of gross values added of all producers (Resident producers) plus taxes and less subsidies (on imports).
The Gross domestic product or GDP at market prices is calculated for the Euro zone and has several adjustments, including seasonality. The economic indicator is released each quarter; historical data retrieved by this trading item spans from 1995 to present.
The ticker symbol associated with the GDP at market prices is ^GDP_MarketPrices_Euro.
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