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BEA Economic Analysis Dictionary
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Created By: U.S. Bureau of Economic Analysis

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Term of the day

Gross domestic income (GDI)

BEA Economic Analysis DictionaryBEA Economic Analysis Dictionary
 The costs incurred and the incomes earned in the production of gross domestic product (GDP). In theory, GDI should equal GDP, but in practice they differ because their components are estimated using largely independent and less-than-perfect source data. The difference between the two is termed the statistical discrepancy.
Source: U.S. Bureau of Economic Analysis
 

Popular Terms

Statistical discrepancy

Income payments on assets

Enterprise

FDIUS

Compensation of employees (paid)

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