When conducting an economic analysis of the activities of any enterprise, specialists have to deal with a certain system of indicators. One of them is the specific gravity. In economics, this is an indicator that reflects the weight of a financial phenomenon.
General definition
Economic indicators serve as micromodels of various phenomena in the financial activities of both the state as a whole and the business entity in particular. They undergo various fluctuations and changes in connection with the reflection of the dynamics and contradictions of all the processes taking place, they can both approach and move away from their main purpose - to evaluate and measure the essence of a particular economic phenomenon. That is why the analyst should always remember the goals and objectives of the research using indicators to evaluate various aspects of the activities of enterprises.
Among the many economic indicators, summarized in a certain system, it is necessary to highlight the following:
- natural and value, which depend on the selected meters;
- qualitative and quantitative;
- volumetric and specific.
It is the latter type of indicators that will be given special attention in this article.
Share in the economy
This is a relative and derivative indicator of its volumetric counterparts. The specific weight is considered to be the output per employee, the amount of inventories in days, the level of expenses per ruble of sale, etc. Relative indicators such as structure, dynamics, implementation of the plan, and development intensity are also widely used.
The share in the economy is the relative share of individual elements in the sum of all its components.
As an important relative indicator, the value of coordination is considered to be considered as a comparison of the individual structural parts of a single whole. An example is a comparison in the passive part of the balance sheet of a business entity of borrowed and own capital.
Thus, the share in the economy is an indicator that has a certain meaning with its value for analysis and control. However, as with any relative indicator, it is characterized by a certain limitation. Therefore, the specific gravity in the economy, the calculation formula of which is contained in any thematic textbook, is advisable to consider in conjunction with other economic parameters. It is this approach that will allow an objective and comprehensive study of the economic activities of business entities in a certain area.
Calculation Method
The answer to the question of how to find the specific weight in the economy depends on which sphere needs to be considered. In any case, this is the ratio of the private indicator to the general. For example, the share of value added tax revenues in total tax revenues is calculated as the ratio of VAT paid by business entities to the total amount of income from all taxes. In a similar way, the share of tax revenues in the revenue of the federal budget of the Russian Federation is calculated, only direct revenues from taxes are accepted as a private indicator, and the total amount of budget revenues for a specific period (for example, a year) is taken directly.
unit of measurement
What is the proportion in the economy? Of course, in percent. The unit of measurement follows from the very formulation of this concept. This is a relative indicator, so it is calculated in fractions or percent.
