Indicator database

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    Turnover from innovation

    This indicator is defined as the ratio of turnover from products new to the enterprise and new to the market as a % of total turnover. It is based on the Community innovation survey and covers at least all enterprises with 10 or more employees.

    Retrieved from, http://ec.europa.eu/eurostat/web/products-datasets/-/tsdec340, January 15, 2015

    Investment by institutional sectors

    The percentage of GDP that is used for gross investment in the economy. It includes investment in the acquisition, improvement of, or additions to fixed assets held by government, business and household sectors.

    Foreign direct investment, net inflows (% of GDP)

    "Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP."

    Intangible fixed assets (net)

    Intangible fixed assets (net) are immaterial assets (e.g. computer software).
    The concept and the numbers are based on National Accounts and a component of total fixed assets (net).
    (for more information: Eurostat, http://ec.europa.eu/eurostat/cache/metadata/en/nama_esms.htm, 23-01-2015)

    Total fixed assets (net)

    Total fixed assets (net) is a concept of the annual national accounts. It is the sum of the following asset types:
    "Cultivated assets (AN.1114), Transport equipment (AN.11131), Other machinery and equipment (AN.11132), Dwellings (AN.1111), Other buildings and structures (AN.1112), Intangible fixed assets (AN.112).

    More detailed information can be found in annex 7.1 of ESA95." (Eurostat, http://ec.europa.eu/eurostat/cache/metadata/en/nama_esms.htm, 22-01-2015)

    Total wealth estimate ($)

    "The Wealth of Nations dataset provides country level data on comprehensive wealth, adjusted net saving, and non-renewable resource rents indicators, as published in "The Changing Wealth of Nations" (2011)."
    (World Bank, http://data.worldbank.org/data-catalog/wealth-of-nations, 23-01-2015)

    "Total wealth is present value of future consumption that is sustainable, discounted at a rate of time preference of 1.5 percent, over 25 years.

    Depletion Adjusted Saving (DAS) =

    GDP per capita (current US$)

    "GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars."

    (Worldbank, http://data.worldbank.org/indicator/NY.GDP.PCAP.CD, 2014-12-11)