Capital stock and the consumption of fixed capital in the UK: 2019
Capital stocks and the consumption of fixed capital are estimated using the Perpetual Inventory Method (PIM). The PIM models capital stocks and capital consumption from estimates of gross fixed capital formation (GFCF). Capital stocks and the consumption of fixed capital estimates are produced annually and used by ONS in the compilation of the UK National and Economic Accounts and Public Sector Finances. These estimates are used to monitor economic performance and inform monetary and fiscal policy decisions, as well as for international comparisons.
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Official statistics are produced impartially and free from political influence.