OEO Ontology

Overview / Open Energy Ontology / Class - gross value added
Label: gross value added

Definition:
Gross value added is a quantity value that is the value of goods and services produced in a sector of an economy, measuring that sector's contribution to gross domestic product (GDP). It is calculated as the monetary value of products and services produced, less the value of intermediate consumption.

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Definition:
A quantity value is an information content entity defined by a numeral together with a unit of measurement to quantify an entity.