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PRODUCT/OUTPUT APPROACH
Agricultural
Forestry
Mining & Quarrying
Fishing
Manufacturing
Construction
Electricity, gas and water
Wholesale and retail trade, accommodations and restaurants
Finance, insurance, real estate and business services
Government services
Other services
Transport, storage and communication
Banking & Tourism
Livestock
USES OF NATIONAL INCOME
• STANDARD OF LIVING INDICATORS
• GOVERNMENT PLANNING
• SECTORAL CONTRIBUTIONS
• INTERNATIONAL COMPARISONS
PROBLEMS CALCULATING NATIONAL INCOME
• NON-MONETIZED ECONOMY
• UNDERGROUND ECONOMY
• NON- MARKET TRANSACTIONS
• PROBLEMS OF EXPERTISE AND MODERN MACHINERY
• PROBLEMS OF DOUBLE COUNTING