Definition: Consumer durable

Category: SNA

A consumer durable is a good that may be used for purposes of consumption repeatedly or continuously over a period of a year or more.

This definition is used both in SNA 1993 (§ 9.38) and in SNA 2008 (§ 9.42). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
Created:
Updated: