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Glossaries (6)


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Gross capital formation

Gross fixed capital formation

Capital formation

Net fixed capital formation

Capital stock - gross

Gross capital stock

Foreigners admitted for family formation or reunification

Gross domestic product (GDP)

GNI (gross national income)


Gross adjusted disposable income

Gross domestic product - expenditure based

Gross domestic product - income based

Gross domestic product - output based

Gross domestic product at market prices

Gross national disposable income

Gross national income (GNI)

Gross national product (GNP)

Gross saving

Gross value added

Gross value added at basic prices

Gross value added at producers' prices

Real gross domestic income (real GDI)

Value added - gross

Capital account

Capital consumption (2 definitions)

Capital gains

Capital levies

Capital stock - net

Capital taxes

Capital transfer in cash

Capital transfer in kind

Capital transfers

Capital transfers - other

Consumption of fixed capital

Current taxes on capital

Net capital stock

Other capital taxes n.e.c.

Other capital transfers

Taxes on capital gains

Taxes on capital transfers

Taxes on financial and capital transactions

Environmentally-adjusted net Capital Formation (ECF)

Grossing / Netting

Grossing up

Capital Accumulation (environmental accounting)

Human Capital

Natural Capital

Net Capital Accumulation (NCA)

Normal return to capital

Final expenditure

Perpetual inventory method (PIM)

National expenditure

Final use quadrant

Goods and services account

Production boundary

GDP by types of expenditure


Own-account producers

Producers for own final use

NDP (net domestic product)

Net domestic product (NDP)

Aggregates of the SNA


Deductible VAT

Existing fixed asset

Fixed asset - existing

Major renovations or enlargements (of fixed assets)

VAT - deductible

GDP - income based


Genuine Saving

Land Improvement

Green GDP

Main aggregates


Other accumulation

GDP - output based

GDP at market prices

Other current taxes

Environmental Expenditures

Other subsidies on products

Principal activity

Subsidies on products - other

Taxes on products

User-pays Principle

Value added tax (VAT)

Net lending

GDP at current prices

GDP by kind of economic activities

Current transfers

Factor cost

Net value added

Other current taxes n.e.c.

Straight-line depreciation

Taxes on income

Unforeseen obsolescence

Value added - net


Double deflation

Flows in real terms

Production account

Genuine Progress Indicator (GPI)

Measure of Economic Welfare (MEW)

Volume Over Bark (VOB)

Shares of GDP


Dew Point


Ground-level Ozone

Nitrogen Oxide (NOx)

Hotelling Rent

Net Price

Resource rent

Change in real national net worth

Classification of the functions of government (COFOG)

Classification of the purposes of non-profit institutions (COPNI)

COFOG (classification of the functions of government)

COPNI (classification of the purposes of non-profit institutions)

Current taxes on income, wealth, etc

Distributive transactions

Economic production

Economic territory (of a country)

Holding gains


Informal sector

Intermediate consumption

Investment grants

Net value of a fixed asset

Other accumulation entries

Other changes in the volume of assets account

Other taxes on income n.e.c.

Other taxes on production


Transfer price

Written-down (net) value of a fixed asset

GDP at constant prices

Market Valuation

Other volume changes

Subsoil Assets

Gross capital formation   1 definition

Gross capital formation 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.

Source publication: System of National Accounts 1993

Paragraphs: 10.32.

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