| Concepts
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INDUSTRY: Group of all the parts of an institutional unit in its capacity as producer which are located in a single site or in closely located sites, and which contribute to the performance of an activity at the class level (four digits) of the NACE Rev. 2
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GROSS VALUE ADDED: The value generated by any unit engaged in a production activity corresponding to the balancing item of the production account, which includes output as resource and intermediate consumption as a use, before allowing for the comsumption of fixed capital.
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ECONOMIC TERRITORY: Territory that consists on: (a) the geographic territory administered by a government within which persons, goods, services and capital move freely; (b) any free zones, including bonded warehouses and factories under customs control; (c) the national air-space, territorial waters and the continental shelf lying in international waters, over which the country enjoys exclusive rights; (d) territorial enclaves (i.e. geographic territories situated in the rest of the world and used, under international treaties or agreements between States, by general government agencies of the country (embassies, consulates, military bases, scientific bases, etc.); (e) deposits of oil, natural gas, etc., in international waters outside the continental shelf of the country, worked by units resident in the territory as defined in the preceding subparagraphs.
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REFERENCE PERIOD: The length of time for which data are collected, e.g. a specific day, month or year.
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