Gross domestic product. The Economy is an annual publication by the Government of Newfoundland and Labrador (https://www.gov.nl.ca/) on the region’s economic performance. From data provided by Statistics Canada Department of Finance, The Economy 2020 reported the estimated Gross Domestic Product (GDP) (in $ millions) in 2018 for the following 12 industries: the services producing sector, wholesale trade, retail trade, transportation and warehousing, finance, insurance, real estate & business support services, professional, scientific, & technical services, educational services, health care & social assistance, information, culture & recreation, accommodation & food services, public administration, and other services. The data is listed in the accompanying table. In this data, GDP is expressed at basic prices, measuring payments made to the owners of factor inputs in production. This differs from GDP at market prices. The difference is attributable to taxes less subsidies on products and imports. Industry components may not sum to total due to independent rounding. BIODEG M02_MCCL3396_14_GE_C02.indd 79 29/09/2021 13:38 80 CHAPTER 2 ● Methods for Describing Sets of Data 17,167.5