Gross fixed capital formation: Difference between revisions
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imported>Doug Williamson (Create page. Source: ONS webpage https://www.ons.gov.uk/economy/grossdomesticproductgdp/articles/ashortguidetogrossfixedcapitalformationandbusinessinvestment/2017-05-25) |
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Revision as of 21:46, 7 August 2020
National accounts and macroeconomics.
(GFCF).
Gross fixed capital formation is a measure of aggregate capital expenditure in a country or other macroeconomic unit:
- Net of disposals of capital assets
- Before consumption of fixed capital (depreciation and amortisation).
It includes expenditure by the both the public and private sectors.
