Edexcel GCSE Statistics · 1ST0
Specification 2d.01 · Paper 1, Paper 2
Revise: Index numbersGross Domestic Product (GDP) measures the total value of goods and services produced within a country during a specified period. Goods include manufactured products and food; services include transport, repairs and haircuts. GDP itself is not an index number, but its values can be converted into indices to compare economic activity over time.