Statistical Terms Glossary

The amount of capital requirement per dollar of annual lending, equivalent to the average number of years a loan remains disbursed and outstanding.

Gross capital formation is measured by the total value of the gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables for a unit or sector

Gross capital stock refers to the cumulative flow of volume investments, corrected for retirement. In the gross stock, assets are treated as new until they are retired: it is assumed that they retain their full productive capacity until removed from the stock.

Gross capital stock is the value of all fixed assets still in use, at the actual or estimated current purchasers’ prices for new assets of the same type, irrespective of the age of the assets.

Total live weight of fish caught and available for further processing.

The total live weight of fish caught.

The interest received less prior years' recoveries divided by the interest received plus net nonaccruals for the year. The ratio shows the amount due and actually collected during the year (excluding any amount collected but overdue from prior years) and relates it to the amount that was contractually due during the current year. See also net collection ratio.

Sum of areas of all temporary crops grown.

Debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.

Is total intramural expenditure on research and development performed on the national territory during a given period.

Gross domestic product is an aggregate measure of production equal to the sum of the gross values added of all resident institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their output). The sum of the final uses of goods and services (all uses except intermediate consumption) measured in purchasers' prices, less the value of imports of goods and services, or the sum of primary incomes distributed by resident producer units.

Gross domestic product (GDP) at constant prices refers to the volume level of GDP. Constant price estimates of GDP are obtained by expressing values in terms of a base period.

In theory, the price and quantity components of a value are identified and the price in the base period is substituted for that in the current period. Two main methods are adopted in practice.

Gross domestic product (GDP) at current prices is GDP at prices of the current reporting period. Also known as nominal GDP

Expenditure-based gross domestic product is total final expenditures at purchasers’ prices (including the f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.

Income-based gross domestic product is compensation of employees, plus taxes less subsidies on production and imports, plus gross mixed income, plus gross operating surplus.

Output-based gross domestic product is the sum of the gross values added of all resident producers at basic prices, plus all taxes less subsidies on products.

Gross domestic product at market prices is the sum of the gross values added of all resident producers at market prices, plus taxes less subsidies on imports.

The GDP deflator (implicit price deflator for GDP) is calculated as GDP at current prices divided by GDP at “constant prices” (chained volume estimates or fixed-base volume estimates, depending on countries).

Defined as interest received on loans less interest paid on deposits plus other income (interest received on investments, gains or losses in foreign exchange operations and commissions and fees received and paid).

Number of students enrolled in a given level of education, regardless of age, expressed as a percentage of the official school-age population corresponding to the same level of education. For the tertiary level, the population used is the 5-year age group starting from the official secondary school graduation age.

Number of students enrolled in a given level of education, regardless of age, expressed as a percentage of the official school-age population corresponding to the same level of education. For the tertiary level, the population used is the 5-year age group starting from the official secondary school graduation age.

Total number of children enrolled in early childhood care and education programmes, regardless of age, expressed as a percentage of the population in the relevant official age group.

Total number of new entrants to a given level of education, regardless of age, expressed as a percentage of the population of theoretical entrance age to this level.

It is measured by value of acquisitions less disposals of new of existing fixed assets.

Gross fixed capital formation as defined by the European System of Accounts (ESA) consists of resident producers' acquisitions, less disposals, of fixed assets during a given period plus certain additions to the value of non-produced assets realised by the productive activity of producer or institutional units.

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

Gross graduation rates refer to the total number of graduates (the graduates themselves may be of any age) at the specified level of education divided by the population at the typical graduation age from the specified level. In many countries, defining a typical age of graduation is difficult, however, because graduates are dispersed over a wide range of ages.

Number of graduates regardless of age in a given level or programme, expressed as a percentage of the population at the theoretical graduation age for that level or programme.