Gross Value Added

From iCulturalDiplomacy
Revision as of 11:33, 26 March 2014 by Horvath (talk | contribs) (Created page with "====== Gross Value Added ====== Gross Value Added (GVA) is a measure in economics that refers to the grand total of all revenues compiled from a country’s production of goo...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search
Gross Value Added

Gross Value Added (GVA) is a measure in economics that refers to the grand total of all revenues compiled from a country’s production of goods and services minus any intermediate consumption. The GVA is calculated by adding the Gross Domestic Product and subsidies received while subtracting the taxes paid. The GVA is used to cover expenses such as wages, salaries and dividends, savings and indirect taxes.

Retrieved from "https://www.i-c-d.de/index.php?title=Gross_Value_Added&oldid=1403"