Full Form of GFCF
| Full Form: | Gross Fixed Capital Formation |
|---|---|
| Category: | Governmental |
| Sub Category: | Governmental |
What is GFCF Full Form?
GFCF full form is Gross Fixed Capital Formation.
What is Gross Fixed Capital Formation?
Gross fixed capital formation (GFCF) is a macroeconomic concept used in official national accounts such as the United Nations System of National Accounts National Income and Product Accounts and the European System of Accounts (ESA). The concept dates back to the National Bureau of Economic Research studies of Simon Kuznets of capital formation in the 1930s, and standard measures for it were adopted in the 1950s. Statistically it measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises) less disposals of fixed assets.
Similar Forms From Other Categories
Full Form of GFCF
| Full Form: | Gross Fixed Capital Formation |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Governmental |
What is GFCF Full Form?
GFCF is full form Gross Fixed Capital Formation
What is Gross Fixed Capital Formation?
Gross fixed capital formation is a macroeconomic concept used in official national accounts such as the United Nations System of National Accounts, National Income and Product Accounts and the European System of Accounts.
Full Form of GFCF
| Full Form: | Gross Fixed Capital Formation |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Governmental |
What is GFCF Full Form?
GFCF is full form Gross Fixed Capital Formation
What is Gross Fixed Capital Formation?
Gross fixed capital formation is a macroeconomic concept used in official national accounts such as the United Nations System of National Accounts, National Income and Product Accounts and the European System of Accounts.