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Statistical processing

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National Accounts, Economic Statistics
Jonas Johansen Næsby
+45 3917 3477

jjn@dst.dk

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Fixed Capital Stock

The compilation of fixed capital is consistent with the investment series from the National Accounts with breakdown into industries, a fact which ensures consistency with the rest of the National Accounts. Buildings and transport equipment are completely or partly compiled using direct stock information from registers, which is seen as the most reliable compilation method. As buildings and transport equipment form the major part of fixed capital, it follows that the uncertainty on the total stock is reduced considerably. For the other variables, the PIM method or a combination of both methods is used.

Source data

The sources used for compiling fixed capital consist of different registers and statistics containing stock information, unit values and investment information. Among such registers and statistics are:

  • Administrative registers for motor vehicles, ships, aircrafts and rolling stocks
  • Central Register of Buildings and Dwellings
  • Central Business Register
  • Gross fixed capital formation from the National Accounts (by industry and by institutional sector)
  • Industrial Commodity Statistics
  • Agricultural Statistics
  • Foreign Trade Statistics
  • Statistics for public corporations
  • Producer Price Indices
  • Construction Cost Index

Frequency of data collection

Annual.

Data collection

Not relevant for these statistics.

Data validation

The data validation is carried out with a validation of primary data sources. The fixed capital data is secured to be consistent with the investment series from the National Accounts with breakdown into industries, a fact which ensures consistency with the rest of the National Accounts. Lastly there are performed a macro level validation of the results.

Data compilation

Buildings and transport equipment are completely or partly compiled using direct stock information from registers, which is seen as the most reliable compilation method. As buildings and transport equipment form the major part of fixed capital, it follows that the uncertainty on the total stock is reduced considerably. For the other variables, the PIM method or a combination of both methods is used.

Adjustment

No corrections of data are made besides the earlier mentioned corrections under "data validation" and "data compilation".