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Archive of methodological explanations for the news release:


Gross fixed capital formation


Status: 10.10.2012


This report contains data on Gross Fixed Capital Formation in the Republic of Macedonia for 2011. The data on GFCF are published according to the purpose of investment, technical composition and type of ownership.

Sources

For publishing this report the following data sources are used:

Annual statistical survey on GFCF (INV.01);

The calculation of data on GFCF by entities which do not have status of a legal person is based on State Statistical Office data;

The commodity flow method is used for calculation of GFCF in the part of machinery and equipment.

Reference period

The response rate for the annual survey on GFCF (INV.01) in the reference period 1.01-31.12.2011 was 81.7%, covering all enterprises with more than 10 employees.

Methodology

The methodology used for calculation of GFCF is in accordance with the recommendations of SNA (System of National Accounts) 93 and ESA (European System of Accounts) 95.

The value of GFCF, calculated according to the sources mentioned above, is an item for calculation of Gross Domestic Product according to the expenditure approach. For analysis of GFCF, the National Classification of Activities NKD Rev.2 and the Classification of Products by Activity (CPA) are used.
   


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