Business, Legal & Accounting Glossary
The percentage of the GDP which is due to depreciation. GDP minus capital consumption allowance equals net national product. The capital consumption allowance measures the amount of expenditure that a country needs to undertake to simply maintain, as opposed to grow, its productivity.
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Definitions for Capital Consumption Allowance are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 4 Views.