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GROSS VALUE ADDED AT FACTOR COST

Statistics Directorate    
Definition:
Gross value added at factor cost is GVA at market prices less any indirect taxes plus any subsidies.

Source Publication:
Services: Statistics on Value Added and Employment, OECD, 2000 edition, Introduction, page 13.

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Monday, November 12, 2001