Definition: Discount rate

Category: National accounts

Interest rate used to convert a future income stream to its present value. http://ec.europa.eu/eurostat/ramon/statmanuals/files/oecd_measuring_capital_2001_en.pdf United Nations; European Union; Food and Agriculture Organization of the United Nations (FAO); International Monetary Fund (IMF); Organisation for Economic Co-operation and Development (OECD); The World Bank, "System of Environmental-Economic Accounting 2012 - Central Framework", New York, 2014
Source:
Organisation for Economic Co-operation and Development (OECD), "Measuring Capital - OECD Manual: Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services", Annex 1: Glossary of technical terms used in the Manual, Paris, 2001
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