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Definition: Land improvement


Land improvements are the result of actions that lead to major improvements in the quantity, quality or productivity of land, or prevent its deterioration (§ 10.79). 

Activities such as land clearance, land contouring, creation of wells and watering holes that are integral to the land in question are to be treated as resulting in land improvements. Activities such as the creation of seawalls, dykes, dams and major irrigation systems which are in the vicinity of the land but not integral to it, which often affect land belonging to several owners and which are often carried out by government, result in assets that are to be classified as structures (§ 10.79).
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