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State Domestic Product
State Domestic Product, or SDP, is the total value of goods and services produced during any financial year within the geographical boundaries of a ''state''. Also called the ''state income'', SDP is always calculated or estimated in monetary terms, and is instrumental in the evaluation of per capita income. ''State'' here refers to a country subdivision, as in the states of the United States and the states of India State most commonly refers to: * State (polity), a centralized political organization that regulates law and society within a territory **Sovereign state, a sovereign polity in international law, commonly referred to as a country ** Nation state, .... While GDP gives a good estimate of the entire nation's output, SDP provides more detailed economic details about subnational territories. See also * Gross State Product Gross state product State government finances in India {{India-econ-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Year
A fiscal year (also known as a financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally with the reporting period not aligning with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Per Capita Income
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey. This allows the calculation of per capita income for both the country as a whole and specific regions or demographic groups. However, comparing per capita income across different countries is often difficult, since methodologies, definitions and data quality can vary greatly. Since the 1990s, the OECD has conducted regular surveys among its 38 member countries using a standardized methodology and set of questions. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is also often used to measure a country's standard of living. When used to compare income levels of different countries, it is usually expressed using a commonly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Country Subdivision
ISO 3166-2 is part of the ISO 3166 standard published by the International Organization for Standardization (ISO), and defines codes for identifying the principal subdivisions (e.g., provinces or states) of all countries coded in ISO 3166-1. The official name of the standard is ''Codes for the representation of names of countries and their subdivisions – Part 2: Country subdivision code''. It was first published in 1998. The purpose of ISO 3166-2 is to establish an international standard of short and unique alphanumeric codes to represent the relevant administrative divisions and dependent territories of all countries in a more convenient and less ambiguous form than their full names. Each complete ISO 3166-2 code consists of two parts, separated by a hyphen: * The first part is the ISO 3166-1 alpha-2 code of the country; * The second part is a string of up to three alphanumeric characters, which is usually obtained from national sources and stems from coding systems alrea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
States And Union Territories Of India
India is a federalism, federal union comprising 28 federated state, states and 8 union territory, union territories, for a total of 36 subnational entities. The states and union territories are further subdivided into 800 List of districts in India, districts and smaller administrative divisions of India, administrative divisions by the respective subnational government. The states of India are self-governing administrative divisions, each having a State governments of India, state government. The governing powers of the states are shared between the state government and the Government of India, union government. On the other hand, the union territories are directly governed by the union government. History 1876–1919 The British Raj was a very complex political entity consisting of various imperial divisions and states and territories of varying autonomy. At the time of its establishment in 1876, it was made up of 584 princely state, constituent states and the prov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross State Product
Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer units in the region, and analogous to national gross domestic product. The GRDP includes regional estimates on the three major sectors including their sub-sectors, namely: * Raw material sector: Agriculture, animal husbandry, fishery, and forestry. * Industry sector: Construction, electricity, manufacturing, mining, quarrying, and water. * Service sector: Communication, finance, private government services, property management, real estate sales, storage, trade, and transport. "The GRDP is usually presented in nominal and real terms. Nominal GRDP measures the value of the outputs of the economy at current prices. Real GRDP referred to as GRDP at constant prices, measures the value of an economy's output using the prices of a fixed base ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
