As a rule, rising production of goods and services, which is often considered positive and desirable, is associated with higher consumption of energy and resources. This increased consumption can only be partly offset by improved energy and material efficiency.
GDP has been growing faster than the population in real terms since 1996. This means that the added value per head has increased over this period. A slight downturn occurred in the early 1990s due to the recession.
- Related indicators
Gross domestic product (GDP) is the most common indicator of a country's economic performance. It measures the market value of all the end products and services which a country produces in one year (termed added value).
The GDP is compiled regularly by the Federal Statistical Office as part of the National Accounts. To calculate the indicator, the GDP at current prices is divided by the average resident population. That figure is derived from the annual population statistics (ESPOP) issued by the SFSO.