Description

The aim of this work is to determine the Stock of Fixed Assets in Chile, consistent with the macroeconomic measurements of the System of National Accounts (SNA) of the United Nations. In agreement with the recommendations of revision 3 of the SNA, the Stock of Fixed Assets was determined, for the Chilean economy as a whole, at constant prices based 1986, and at current prices. For the calculation of the Stock of Fixed Assets at constant prices, the Perpetual Inventory Method was used, as proposed by the United Nations. This method accumulates the annual Gross Fixed Capital Formation by type of asset and deducts the normal depreciation of the Capital in the productive activity. Additionally, from the levels obtained at constant prices, the Stock of Fixed Assets at current prices was calculated applying appropriated indices of price. The results are referred to the series 1985 – 2000, and are divided in Stock of Capital at constant and at current prices