Kokonaislisäarvo

Kokonaislisäarvo, also known as Gross Value Added (GVA), is a measure used in national accounts to calculate the total value of goods and services produced within a country's borders, including taxes on products but excluding taxes on income and subsidies. It is a key indicator of a country's economic performance and is often used to compare the economic output of different countries or regions.

GVA is calculated by subtracting the value of intermediate goods and services used in production from the total value of output. This process helps to avoid double-counting the value of goods and services that are used as inputs in the production of other goods and services. The resulting figure represents the net contribution of each sector to the overall economy.

Kokonaislisäarvo is typically reported in national currency and can be further broken down by industry or sector to provide more detailed insights into economic activity. It is an important metric for policymakers, businesses, and researchers as it provides a comprehensive view of a country's economic output and can help inform decisions related to economic policy, investment, and trade.

In addition to GVA, other related measures include Gross Domestic Product (GDP), which includes the value of goods and services produced by both domestic and foreign entities, and Net Domestic Product (NDP), which adjusts GDP for the depreciation of the capital stock. These measures, along with GVA, are essential tools for understanding and analyzing a country's economic performance.