Submitted by giteam t3_yaje14 in dataisbeautiful
Ulyks t1_iu49kcg wrote
Reply to comment by BananaWitcher in [OC] GDP Breakdown by Economic Sectors (%) by giteam
On paper there is no private land but in reality there are a huge amount of land deals.
The government is buying out the farmers and selling the land to developers all the time.
Taxes aren't counted in GDP, that would be GDI.
GDP = consumption + investment + government spending +/- (exports - imports)
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