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Glossary of the 1993 SNA - Definition of Term

TermGross value added at basic prices
DefinitionGross value added at basic prices is output valued at basic prices less intermediate consumption valued at purchasers' prices.
Paragraphs6.226.;15.37.;[6.231.]
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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