Glossary:Basic price

The basic price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any tax payable, and plus any subsidy receivable, by the producer as a consequence of its production or sale. It excludes any transport charges invoiced separately by the producer.

Related concepts

• Producer's price
• Purchaser's price

Source

• The 2008 SNA, European Commission, IMF, OECD, UN, World Bank, 2009, Chapter VI: The production account, point 6.51