Date : 30 . 08 . 1996

GROSS DOMESTIC PRODUCT CALCULATED BY INCOME APPROACH
BETWEEN YEARS 1987-1995


GDP which is currently being calculated quarterly by production and expenditure approaches is calculated by using income approach.

According to the results of this calculation, the share of production factors in GDP by current prices is as follws:


                     1987  1988  1989  1990  1991  1992  1993  1994  1995
                                     Factor Shares (%)

Labour Payments      20.7  21.5  24.0  27.2  31.9  31.7  30.9  25.5  22.2

Fixed Capital 
Consumption           7.0   7.4   6.5   5.9   6.2   6.1   5.7   7.0   6.5

Production and 
Import Taxes (Net)    8.1   7.8   7.6   8.6   8.6   8.7   9.3   8.5   9.9

Surplus              64.2  63.2  61.8  58.3  53.3  53.5  54.2  59.0  61.4

GDP                 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

During the period of 1987-1995, Payments to labour was lowest in 1987 and highest in 1991. The surplus composed of rental, interest, and profit gains always has the highest share.

The studies will continue to be reported in the earliest possible time with more detail. Further division of surplus into rental, interest and profit incomes is among the objectives of the study.