VAB growth rate by volume

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Dataset information

Catalog

data.gov.be

Country of origin

Belgium

Updated

2022.05.11 00:00

Created

Available languages

French

Keywords

Valeur ajoutée brute : VAB, Activité économique

Datasource

Official portal for European data link

Quality scoring

325

Dataset description

This indicator is calculated by dividing the difference in GVA between year 1 and year 0 by the GVA of year 0. The result of the division is multiplied by 100 to express itself in %. Growth can be positive or negative. The reference year for prices is always the year preceding the most recent year. Gross value added is the difference between output and intermediate consumption by industry. It is the same as the sum of the revenue generated. Thus, the gross value added is equal to the sum of the following components: compensation of employees, consumption of fixed capital, net operating surplus/mixed income and other taxes minus subsidies on production.

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