Component 6: Net value of the costs and benefits of consumer durables

Definition

This component shows the difference between annual expenditure for consumer durables and the monetized annual benefits of the stock of consumer durables (in prices of 2010).

Effect on the NWI:

Description and meaning of the component

The component corrects the welfare calculation by the time-lag between expenditure for consumer durables and their subsequent use.

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Development of the component

Net value of the costs and benefits of consumer durables

(in prices of 2010)

billion Euro

© FEST/FFU

Sources: Statistisches Bundesamt, graphic account by FEST/FFU