The national accounts in 2019 National accounts - 2014 Base
Fixed capital and consumption of fixed capital in 2019 National accounts - 2014 Base
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Paru le :23/07/2020
Gross fixed capital
Net fixed capital
Consumption of fixed capital
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Fixed capital and consumption of fixed capital
Fixed capital measures the stock of fixed assets acquired in gross fixed capital formation during previous periods that are still used in the production process at the moment when the stock is measured. Fixed assets acquired in the past at different prices are reassessed at the price of new fixed assets of the same kind (replacement price), to obtain gross fixed capital at current price.
Fixed capital cosumption (P51c) measures, for a given period, the loss in value of the stock of fixed capital used by a producer, resulting from time, normal wear and tear, obsolescence or current accidental damages. Consumption of fixed capital is a cost of production.
Net fixed capital is equal to gross fixed capital less fixed capital consumption. It is the value that appears in the balance sheet accounts.
Fixed capital and consumption of fixed capital can be calculated for institutional sectors and branches of activity.
Avertissement
Methodology of the annual accounts
From May 30, 2018, INSEE publishes the national accounts in 2014 base.
The most significant changes concern the national economy's transactions with the rest of the world, as well as the estimations of flows of property income between resident agents (enterprises, households, general government, etc.) as well as between resident agents and the rest of the world.
This basic change is accompanied by some improvements that are described in the " The national accounts switch to 2014 base" folder and in the methodology sheets of the 2014 database.
Online, aids to understanding facilitate the reading of results (definitions, classification, glossary).
Presentation of the transition to the 2014 base of the national accounts
Folder
> The national accounts switch to 2014 base (pdf, 110 Ko)
> Gross National Income Inventory 2010 (pdf, 6000 Ko)
Sheet
> Estimates of property income flows in the 2014 base (pdf, 135 Ko)
> General government quarterly Maastricht debt (pdf, 154 Ko)