Glossary:Gross capital formation
From Statistics Explained
Gross capital formation in the national accounts is measured by the total value of the gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables for a unit or sector.
By deducting consumption of fixed capital net capital formation is arrived at.
Related concepts
Sources
- United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993, § 10.32
- Eurostat: European System of Accounts - ESA 1995, §§ 3.100-3.101, Office for Official Publications of the European Communities, Luxembourg, 1996
- OECD
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