Value added is a composite indicator of net operating income, adjusted for depreciation, amortisation and employee benefits, all components being recognised as such by the statistical unit during the reference period.
Its value is given by the formula:
+ Net turnover + Income from product- or turnover-related subsidies + Capitalised output ± Change in stock of goods - Total purchases of goods and services.
Further information
Related concepts
- Net turnover - EBS
- Value of output - EBS
- Total purchases of goods and services - EBS
- Change in stock of goods - EBS
Heading and section 'Source' to be removed if Eurostat is source.