Term:
Net Additions to Stock (NAS)
Definition:
This indicator measures the physical growth rate of an economy. New materials are added to the economy’s stock each year (gross additions) in buildings and other infrastructure, and materials incorporated into new durable goods such as cars, industrial machinery and household appliances, while old materials are removed from stock as buildings are demolished and durable goods disposed of (in economy wide material flow accounting).
Domain:
Environment
Source:
OECD Glossary