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BASIC PRICE – SNA

Statistics Directorate    
French Equivalent: Prix de base - SCN

Definition:
The basic price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any tax payable, and plus any subsidy receivable, on that unit as a consequence of its production or sale; it excludes any transport charges invoiced separately by the producer.

Context:
The amount received by the producer from the purchaser for a unit of good or service produced as output. It includes subsidies on products and other taxes on production. It excludes taxes on products, other subsidies on production, suppliers’ retail and wholesale margins, and separately invoiced transport and insurance charges. Basic prices are the prices most relevant for decision making by suppliers.

ILO, IMF, OECD, Eurostat, UNECE, World Bank, 2004, Producer Price Index Manual: Theory and Practice, International Monetary Fund, Washington DC

http://www.imf.org/external/np/sta/tegppi/index.htm.

Source Publication:
SNA 6.205, 15.28 [3.82].

Cross References:
Basic price – ESA
Basic price – OECD

Version Indicator: SNA

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Wednesday, March 27, 2013