Capital stock (i48)

Definition: the capital stock is the sum of all economic assets that are used on a recurring or continuous basis in the production process for more than one year (section AN.11; Eurostat, 2013). The indicator measures the net capital stock (machinery, buildings, transport and communication infrastructure etc.). It is calculated by subtracting from the gross capital stock, all assets of which being valued at the prices that would have to be paid if the assets were purchased now, the cumulative value of depreciation and by adding gross investments. The indicator is expressed as a percentage of GDP. The National Accounts Institute calculates the indicator for Belgium. In order to be able to compare Belgium with neighboring countries, data from Eurostat are used.