GDP (Nominal-LCU, billions)

French translation: PIB. Unités monétaires (de devises) locales

08:13 Mar 29, 2017
English to French translations [PRO]
Bus/Financial - Economics
English term or phrase: GDP (Nominal-LCU, billions)
The above is part of a table "Economic and financial indicators". The following item is "GDP (current US$, billions)".

I don't know what the "LCU" stands for and cannot find anything about it.
Thanks for your help
Mireille BOULANGER
France
French translation:PIB. Unités monétaires (de devises) locales
Explanation:
LCU = Local currency unit
Selected response from:

Geraldine Njonkou
Cameroon
Grading comment
Merci
4 KudoZ points were awarded for this answer



Summary of answers provided
4PIB. Unités monétaires (de devises) locales
Geraldine Njonkou
4PIB (nominal, en milliards de la monnaie locale/nationale)
Francois Boye


Discussion entries: 1





  

Answers


18 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
gdp (nominal-lcu, billions)
PIB. Unités monétaires (de devises) locales


Explanation:
LCU = Local currency unit


    Reference: http://donnees.banquemondiale.org/indicateur/PA.NUS.PPP
    https://www.researchgate.net/post/Which_GDP_is_better_for_an_economic_analysis
Geraldine Njonkou
Cameroon
Meets criteria
Specializes in field
Native speaker of: French
PRO pts in category: 4
Grading comment
Merci
Notes to answerer
Asker: Merci Géraldine, avec le nom complet j'ai pu vérifier l'acronyme, c'est bon.


Peer comments on this answer (and responses from the answerer)
neutral  Francois Boye: The expression 'gdp (nominal-lcu, billions)' means that the GDP data available are evaluated using current prices denominated in a country's currency. So your attachment is irrelevant.
4 days
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
gdp (nominal-lcu, billions)
PIB (nominal, en milliards de la monnaie locale/nationale)


Explanation:
PIB = Produit Intérieur Brut

Nominal = le PIB est évalué à prix courants

LCU = Local currency unit = unité de monnaie locale.

I prefer the expression 'unite de monnaie nationale' because the concept of LCU is always applied to national accounts.

Francois Boye
United States
Local time: 02:25
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PRO pts in category: 116
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