Concept selected: Gross investment in tangible goods

Definition

Investment during the reference period in all tangible goods. Included are new and existing tangible capital goods, whether bought from third parties, acquired under a financial lease contract (i.e. the right to use a durable good in exchange for rental payments over a predetermined and protracted term) or produced for own use (i.e. Capitalised production of tangible capital goods), having a useful life of more than one year including non-produced tangible goods such as land. The threshold for the useful life of a good that can be capitalised may be increased according to company accounting practices where these practices require a greater expected useful life than the 1 year threshold indicated above.

Source

Commission Regulation (EC) No 250/2009 of 11 March 2009 implementing Regulation (EC) No 295/2008 of the European Parliament and of the Council as regards the definitions of characteristics, the technical format for the transmission of data, the double reporting requirements for NACE Rev.1.1 and NACE Rev.2 and derogations to be granted for structural business statisticsMore information

Topic

• Financial and insurance
• Economic accounts

Statistical operations (links to the Inventory of Statistical Operations)

• 30048 - Structural Business Statistics: Industrial Sector
• 30177 - Structural Business Statistics: Services Sector
• 30232 - Structural Business Statistics: Trade Sector

Concepts associated

• Gross investment in construction and alteration of buildings (15 14 0)
• Gross investment in existing buildings and structures (15 13 0)
• Gross investment in land (15 12 0)
• Gross investment in machinery and equipment (15 15 0)
• Investment in equipment and plant for pollution control and special anti-pollution accessories (mainly "end-of-pipe" equipment) (21 11 0)
• Investment in equipment and plant linked to cleaner technologies ("integrated technology") (21 12 0)