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Glossary of the 1993 SNA - Definition of Term

TermValue added - net
DefinitionNet value added is the value of output less the values of both intermediate consumption and consumption of fixed capital.
Paragraphs6.4.;6.222.;[1.6.]
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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