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ACCUMULATION

Statistics Directorate    
French Equivalent: Accumulation

Definition:
Accumulation is the acquisition of fixed assets, stocks of non-durable goods, land, mineral deposits and other non-reproducible tangible assets, financial assets, patents, copyrights and other tangible assets during a period of account less the incurrence of liabilities. This is gross accumulation. Net accumulation is gross accumulation during a period reduced by the consumption of fixed capital.

Source Publication:
The OECD Economic Outlook: Sources and Methods.

Hyperlink:
http://www.oecd.org/eco/outlook/sources-and-methods.htm

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Friday, March 28, 2014