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Official statistics are statistics published by government agencies or other public bodies such as international organizations as a public good. They provide quantitative or qualitative information on all major areas of citizens' lives, such as economic and social development, living conditions, health, education, and the environment.
GDP in practice: GDP is used as a macroeconomic indicator for measuring the performance of the national economy of the. country or state. It is also used for comparison of economies over time. For this comparison, it is important to include the change in. the value of money for different periods.