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VALUE ADDED AT FACTOR COST

Statistics Directorate    
Definition:
Value added at factor cost is the gross income from operating activities after adjusting for operating subsidies and indirect taxes. It can be calculated from turnover, plus capitalised production, plus other operating income, plus or minus the changes in stocks, minus the purchases of goods and services, minus other taxes on products which are linked to turnover but not deductible, minus the duties and taxes linked to production.

Source Publication:
Statistics in focus: Industry, trade and services; Theme 4 – 7/2001 - Distributive trades statistics, Eurostat, Methodological Notes, page 7.

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Monday, November 19, 2001