Forest accounts is a statistical framework that treats forests both as a natural resource and as an economic asset from a macroeconomic perspective. The forest accounting framework links physical indicators of forests (forest land area, timber stock, increment, and timber harvesting) with corresponding monetary indicators, as well as with economic indicators (output, costs, and value added). In calculating output and value added, the forest accounting methodology also takes into account the value of growing timber. Methodology and information can be found in reports "Description of the
