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[C] - Production and value added for non-market services
Description Output consists of the products created during the accounting period. The production account can be used to obtain one of the most important balancing items in the system – value added, or the value generated by any unit engaged in a production activity – and a vital aggregate: gross domestic product. Value added is economically significant for both the institutional sectors and the industries. Other non-market producers are local KAUs or institutional units whose major part of output is provided free or at not economically significant prices.
Eurostat type of process classification National Account statistical compilation
First production year 1970