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Release: Volume Index of Capital Services (experimental), Estimates for 1950 to 2008 and new quarterly estimates

Released: 13 July 2010

Categories: Economy, Prices, Output and Productivity, Productivity Measures, Volume of Capital Services

Frequency of release: Annually

Language: English

Geographical coverage: UK

Geographical breakdown: UK and GB

Survey name(s): Quarterly Survey of Capital Expenditure

Volume index of capital services (VICS) is a measure of capital input to economic production which takes account of the quality and use of the capital stock across time and different types of assets. VICS weights together the growth of the net stock of assets using a user cost of capital, rather than prices as does the National Accounts. The results can then be used in multi-factor productivity analysis.

Content from the Office for National Statistics.
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