Glossary A-Z
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B
background
Air quality monitoring stations are used as a reference (based on air quality) to other air quality monitoring stations.
Source : Environment
Source Detail : Compendium of Environment Statistics
balance of payments
The Balance Of Payments is a statistical statement that systematically summarises, for a specific time period, the economic transactions of an economy with the rest of the world.
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
balance of trade
The balance of trade is the difference between the value of exports and imports. When exports exceed imports it is recorded as a surplus while a deficit is registered when imports exceed exports.
Source : External Sector
Source Detail : Monthly External Trade Statistics
bamboo plantation
Bamboo is a widely used in the furniture manufacturing industry, handicrafts, container products, matting, pulp, paper, fuel, and construction as well as home appliances.
Source : Environment
Source Detail : Compendium of Environment Statistics
base period
The period that provides the weights for an index is described as the base period.
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
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