Time of recording and valuation of actual final consumption

(d) the introduction of a new concept of final consumption: Actual Final Consumption;

As a consequence, total actual final consumption is equal to total final consumption expenditure.

Consequently, the actual final consumption of general government corresponds only to collective final consumption.

Time of recording and valuation of actual final consumption .

See section Household Actual Final Consumption under Satellite Accounts and Special Studies.

Its value is identical for all sectors, regardless of whether it is obtained by subtracting final consumption expenditure from disposable income or by subtracting actual final consumption from adjusted disposable income.

For general government and households, the use of income account has two versions corresponding to the two different definitions of final consumption, i.e. the final consumption expenditure and the actual final consumption.

Acquisitions (actual final consumption) are valued at the purchasers' prices for the units that incur the expenditures.

Acquisitions (actual final consumption) are valued at the purchasers' prices for the units that incur the expenditures.