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Components of GDP

Elena Florentina

Created on November 23, 2023

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Components of Gross Domestic Product
Figure 7 : Development for real GDP, consumption expenditure, gross capital formation, exports and imports, EU, 2005-2022 (2005 = 100)
Table 5 : Investment at current market prices, 2005, 2013 and 2021 (% share of GDP)
Figure 10 : Gross fixed capital formation at current market prices, 2022 (% share of GDP)
Figure 9 : Expenditure components of GDP at current market prices, EU, 2022 (% share of GDP)
Percentage of each components of the US GDP (using expenditure approach) in 2022
Figure 8 : Real annual rate of change in expenditure components of GDP, EU, 2005-2022 (%)

Conclusion

- the household consumption = the most important components in the GDP (Europe + USA) - the government expenditures are relatively stable no matter the crisis - the investments are mostly made by the private sector - exports are above the imports