National Accounts   |   Statistics Division

Latest Data Upload: December 2013
 

Glossary - Definition of Term

Term
Value added - gross
Definition Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.
 
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.
 

Back to top| Statistics Division Home| Contact Us| Search| Site Map
Copyright © United Nations, 2014