National Gross Domestic Product (GDP) by Income and by Expenditure Accounts

Book value of non-farm inventories of economy, value

Book value of non-farm inventories refers to the valuation of inventories of raw materials, goods-in-process and finished products of non-farm businesses based on the value recorded in the books of the enterprise when the transaction took place.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

• Canadian chained (2007) dollars
  Data tables

  • Investment in inventories Table: 380-0069