"Public utility GDP (Utility GDP), also known as service industry GDP (Service GDP), refers to the goods and services produced by non-productive sectors such as public utilities, social services, education, medical care, and culture in a country or region. Total value. These industries all belong to the service industry, so the utility GDP can be regarded as the economic contribution of the service industry in a country or region.

Utilities GDP typically includes public services provided by governments, non-profit organizations, and private businesses. These services include but are not limited to social services such as police, fire protection, justice, environmental protection, postal services, water, electricity, gas and other public utilities, medical care, education, and culture. The calculation of Utilities GDP includes the total value of goods and services produced by these service industries.

The growth rate of Utilities GDP can be used to assess the contribution of the service industry in the national or regional economy. If the GDP growth rate of public utilities is high, it means that the service industry of the country or region is booming, injecting vitality into its economic growth. On the contrary, if the GDP growth rate of public utilities is low, it may indicate that the service industry in the country or region is developing slowly, and corresponding policies need to be formulated to promote the growth of the service industry.

The growth of public utility GDP can also improve the living standard and social welfare of the public. For example, if the public utility GDP of medical care, education and cultural services increases, it will have a positive impact on the social welfare level of the country or region. In addition, an increase in utility GDP can also lead to more employment opportunities and better working conditions.

It is important to note that Utilities GDP includes only the total value of goods and services in the non-productive sector. Therefore, it excludes goods and services produced by productive sectors such as manufacturing and agriculture. The GDP of public utilities is only an indicator in the economy of a country or region, and cannot fully represent the development of the entire economy. "