Intermediate goods and services are excluded in the calculation of GDP.

Name: Intermediate goods and services are excluded in the calculation of GDP.
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Intermediate goods and services, such as raw materials and unfinished products, are not included in the calculation of GDP because they are already accounted for in the value of the final goods and services produced. Only the final goods and services that are sold to the end-user are included in the calculation of GDP.

Intermediate Goods and Services Are Excluded in the Calculation of GDP