The value of output of all sectors is then added to get the gross value of output at factor cost. Subtracting each sector's intermediate consumption from gross output value gives the GVA (=GDP) at factor cost. Adding indirect tax minus subsidies to GVA (GDP) at factor cost gives the "GVA (GDP) at producer prices".
The value of output of all sectors is then added to get the gross value of output at factor cost. Subtracting each sector's intermediate c.onsumption from gross output value gives the GVA (=GDP) at factor cost Adding indirect tax minus subsidies to GVA (GDP) at factor cost gives the "GVA (GDP) at producer prices".