Term | Gross value added | 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. | Paragraphs | 1.6.;[2.172.];[ 6.4.];[6.222.] |
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