Blomberg Martet Concepte KNOWLEDGE CHECK Outline Transcript Economie indicators introdus The origins of GOP The origins of GDP. Part 2 The origins of GDP. Part 3 The origins of ODP. Part 4 Knowledge check Economic statistics Essential economie indication Sectional Summary In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. What does this event reflect about the nature of GDP? Because the GDP is official, its numbers are not subject to interpretation Governments are required to change GDP calculations every five years. Vi If the measurement of economic activity evolves, GDP can change. Inputs to GDP are all qualitative, not quantitative.