Developmentrelevance: The OECD has developed a four-way classification of exports: high, medium-high, medium-low and low-technology. The classification is based on the importance of expenditures on research and development relative to the gross output and value added of different types of industries that produce goods for export. Examples of high-technology industries are aircraft, computers, and pharmaceuticals; medium-high-technology includes motor vehicles, electrical equipment and most chemicals; medium-low-technology includes rubber, plastics, basic metals and ship construction; low-technology industries include food processing, textiles, clothing and footwear.

IndicatorName: High-technology exports (current US$)

Limitationsandexceptions: Because industrial sectors specializing in a few high-technology products may also produce low-technology products, the product approach is more appropriate for international trade. The method takes only R&D intensity into account, but other characteristics of high technology are also important, such as knowhow, scientific personnel, and technology embodied in patents. Considering these characteristics would yield a different list (see Hatzichronoglou 1997). The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.

Longdefinition: High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.

Source: United Nations, Comtrade database through the WITS platform.

Statisticalconceptandmethodology: High technology products are defined according to SITC Rev.4 as the sum of the following products: Aerospace, Computers-office machines, Electronics-telecommunications, Pharmacy, Scientific instruments, Electrical machinery, Chemistry, Non-electrical machinery, Armament. The following product codes are used: Aerospace: (714 - 71489 -71499)+7921+7922+7924+7925+79291+79293+87411; Computers-office machines: 75194+75195+752+75997; Electronics-communication: 76331+7638+(764-76493-76499)+7722+77261+77318+ 776 +89844+89846; Pharmacy: 5413+5415+5416+5421+5422; Scientific instruments: 774+871+87211+(874-87411-8742)+88111+88121+88411+88419+(8996-89965-89969); Electrical machinery: (7786-77861-777866-77869)+7787+77884; Chemistry: 52222+52223+52229+52269+525+531+57433+591; Non-electrical machinery: 71489+71499+7187+72847+7311+73131+73135+73142+73144+73151+73153+73161+73163+73165+73312+73314+73316+7359+73733+73735; Armament: 891 The list can also be accessed on the Eurostat website. This list, based on the OECD definition, contains technical products of which the manufacturing involved a high intensity of R&D. The original high-tech products classification is based on SITC Rev. 3 and is taken from Table 4 of Annex 2 of the 1997 working paper of Thomas Hatzichronouglou, OECD. In September 2019 the definition in the World Development Indicators database was updated to SITC Rev.4 from SITC Rev. 3. The data are in current U.S. dollars and are sourced from the UN's Comtrade database. The definition differs from the original list published on the Eurostat website (<https://ec.europa.eu/eurostat/cache/metadata/Annexes/htec_esms_an_5.pdf>) in that it takes the group of products 776 in its entirety to correct for the incompatibility between HS2022 and SITC4, resulting in missing data during the conversion process.


Aggregationmethod: Weighted average

Developmentrelevance:
The OECD has developed a four-way classification of exports: high, medium-high, medium-low and low-technology. The classification is based on the importance of expenditures on research and development relative to the gross output and value added of different types of industries that produce goods for export. Examples of high-technology industries are aircraft, computers, and pharmaceuticals; medium-high-technology includes motor vehicles, electrical equipment and most chemicals; medium-low-technology includes rubber, plastics, basic metals and ship construction; low-technology industries include food processing, textiles, clothing and footwear.

Industries of high and medium-high-technology intensity account for over two-thirds of total OECD manufacturing exports. Differences among countries are substantial; the share of high and medium-high-technology industries ranges from over 80 percent in Japan and Ireland to less than 10 percent in Iceland. Technology exports have grown rapidly in Iceland, Turkey and the eastern European countries, although most of these countries, with Hungary and the Czech Republic as exceptions, still focus primarily on low and medium-low-technology exports.

IndicatorName: High-technology exports (% of manufactured exports)

License_Type: CC BY-4.0

Limitationsandexceptions: Because industrial sectors specializing in a few high-technology products may also produce low-technology products, the product approach is more appropriate for international trade. The method takes only R&D intensity into account, but other characteristics of high technology are also important, such as knowhow, scientific personnel, and technology embodied in patents. Considering these characteristics would yield a different list (see Hatzichronoglou 1997).

Longdefinition: High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.

Periodicity: Annual

Statisticalconceptandmethodology:
The method for determining high-technology exports was developed by the Organisation for Economic Co-operation and Development in collaboration with Eurostat. It takes a "product approach" (rather than a "sectoral approach") based on R&D intensity (expenditure divided by total sales) for groups of products from Germany, Italy, Japan, the Netherlands, Sweden, and the United States.

The original high-tech products classification is based on SITC Rev. 3 and is taken from Table 4 of Annex 2 of the 1997 working paper of Thomas Hatzichronouglou, OECD. The methodology used to determine high-tech exports takes the "product approach" based on R&D intensity on products from Germany, Italy, Japan, the Netherlands, Sweden, and the United States.

High Technology Products List - SITC Rev. 3:
1 Aerospace 7921+7922+7923+7924+7925+79291+79293+(714-71489-71499)+87411
2 Computers-office machines 75113+75131+75132+75134+(752-7529)+75997
3 Electronics-telecommunications 76381+76383+(764-76493-76499)
+7722+77261+77318+77625+77627+7763+7764+7768+89879
4 Pharmacy 5413+5415+5416+5421+5422
5 Scientific instruments 774+8711+8713+8714+8719+87211+(874-87411-8742)
+88111+88121+88411+88419+89961+89963+89966+89967
6 Electrical machinery 77862+77863+77864+77865+7787+77884
7 Chemistry 52222+52223+52229+52269+525+531+57433+591
8 Non-electrical machinery 71489+71499+71871+71877+71878+72847+7311+73131+73135
+73142+73144+73151+73153+73161+73163+73165
+73312+73314+73316+7359+73733+73735
9 Armament 891

Topic: Infrastructure: Technology


Developmentrelevance: Trade in services differs from trade in goods because services are produced and consumed at the same time. Thus services to a traveler may be consumed in the producing country (for example, use of a hotel room) but are classified as imports of the traveler's country. In other cases services may be supplied from a remote location; for example, insurance services may be supplied from one location and consumed in another.

Limitationsandexceptions:
Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments.

Efforts are being made to improve the coverage, quality, and consistency of these data. Eurostat and the Organisation for Economic Co-operation and Development, for example, are working together to improve the collection of statistics on trade in services in member countries.

Still, difficulties in capturing all the dimensions of international trade in services mean that the record is likely to remain incomplete. Cross-border intrafirm service transactions, which are usually not captured in the balance of payments, have increased in recent years. An example is transnational corporations' use of mainframe computers around the clock for data processing, exploiting time zone differences between their home country and the host countries of their affiliates. Another important dimension of service trade not captured by conventional balance of payments statistics is establishment trade - sales in the host country by foreign affiliates. By contrast, cross-border intrafirm transactions in merchandise may be reported as exports or imports in the balance of payments.

Longdefinition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

Statisticalconceptandmethodology:
The balance of payments (BoP) is a double-entry accounting system that shows all flows of goods and services into and out of an economy; all transfers that are the counterpart of real resources or financial claims provided to or by the rest of the world without a quid pro quo, such as donations and grants; and all changes in residents' claims on and liabilities to nonresidents that arise from economic transactions. All transactions are recorded twice - once as a credit and once as a debit. In principle the net balance should be zero, but in practice the accounts often do not balance, requiring inclusion of a balancing item, net errors and omissions.

The concepts and definitions underlying the data are based on the sixth edition of the International Monetary Fund's (IMF) Balance of Payments Manual (BPM6). Balance of payments data for 2005 onward will be presented in accord with the BPM6. The historical BPM5 data series will end with data for 2008, which can be accessed through the World Development Indicators archives.

The complete balance of payments methodology can be accessed through the International Monetary Fund website (www.imf.org/external/np/sta/bop/bop.htm).

Topic: Private Sector & Trade: Exports


Longdefinition: Travel services (% of commercial service exports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging and meals and transport (within the economy visited).


IndicatorName: Voice and Accountability: Estimate

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5.

Othernotes: The Worldwide Governance Indicators (WGI) are a research dataset summarizing the views on the quality of governance provided by a large number of enterprise, citizen and expert survey respondents in industrial and developing countries. These data are gathered from a number of survey institutes, think tanks, non-governmental organizations, international organizations, and private sector firms. The WGI do not reflect the official views of the Natural Resource Governance Institute, the Brookings Institution, the World Bank, its Executive Directors, or the countries they represent. The WGI are not used by the World Bank Group to allocate resources.

Relatedsourcelinks: Worldwide Governance Indicators website (https://info.worldbank.org/governance/wgi/)

Source: Detailed documentation of the WGI, interactive tools for exploring the data, and full access to the underlying source data available at www.govindicators.org.The WGI are produced by Daniel Kaufmann (Natural Resource Governance Institute and Brookings Institution) and Aart Kraay (World Bank Development Research Group).  Please cite Kaufmann, Daniel, Aart Kraay and Massimo Mastruzzi (2010).  "The Worldwide Governance Indicators:  Methodology and Analytical Issues".  World Bank Policy Research Working Paper No. 5430 (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1682130).  The WGI do not reflect the official views of the Natural Resource Governance Institute, the Brookings Institution, the World Bank, its Executive Directors, or the countries they represent.

Topic: Public Sector: Policy & institutions


IndicatorName: Voice and Accountability: Number of Sources

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media.  Number of sources indicates the number of underlying data sources on which the aggregate estimate is based.


IndicatorName: Voice and Accountability: Percentile Rank

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.


IndicatorName: Voice and Accountability: Percentile Rank, Lower Bound of 90% Confidence Interval

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI. Percentile Rank Lower refers to lower bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Voice and Accountability: Percentile Rank, Upper Bound of 90% Confidence Interval

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Upper refers to upper bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Voice and Accountability: Standard Error

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Standard error indicates the precision of the estimate of governance.  Larger values of the standard error indicate less precise estimates.  A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.


Aggregationmethod: Sum

Developmentrelevance:
According to the Geneva Declaration on Armed Violence and Development, more than 526,000 people die each year because of the violence associated with armed conflict and large- and small-scale criminality. Recovery and rebuilding can take years, and the challenges are numerous: infrastructure to be rebuilt, persistently high crime, widespread health problems, education systems in disrepair, and unexploded ordnance to be cleared.

Most countries emerging from conflict lack the capacity to rebuild the economy. Thus, capacity building is one of the first tasks for restoring growth and is linked to building peace and creating the conditions that lead to sustained poverty reduction. UN Peacekeepers serve in some of the most difficult and dangerous situations around the globe. United Nations Peacekeeping force, comprised of civilian, police and military personnel, helps countries torn by conflict create the conditions for lasting peace. In addition to maintaining peace and security, peacekeepers are increasingly charged with assisting in political processes; reforming judicial systems; training law enforcement and police forces; disarming and reintegrating former combatants; supporting the return of internally displaced persons and refugees.

The World Bank and other international development agencies can help, but countries with fragile situations have to build their own institutions tailored to their own needs. Peacekeeping operations in post-conflict situations have been effective in reducing the risks of reversion to conflict.

IndicatorName: Battle-related deaths (number of people)

Limitationsandexceptions:
An armed conflict is a contested incompatibility that concerns a government or territory where the use of armed force between two parties (one of them the government) results in at least 25 battle related deaths in a calendar year.

Data is from the Uppsala Conflict Data Program (UCDP) Battle-Related Deaths Dataset which focuses on the incompatibility and lists the country, as well as the battle location and territory where battle-related deaths are reported. When more than one country is listed in the dataset, the assignment of battle-related deaths is determined by the battle location. User can refer to the ICDP dataset where they have split the deaths for the actual location of the fighting when the fighting occurred on the disputed border.

Longdefinition: Battle-related deaths are deaths in battle-related conflicts between warring parties in the conflict dyad (two conflict units that are parties to a conflict). Typically, battle-related deaths occur in warfare involving the armed forces of the warring parties. This includes traditional battlefield fighting, guerrilla activities, and all kinds of bombardments of military units, cities, and villages, etc. The targets are usually the military itself and its installations or state institutions and state representatives, but there is often substantial collateral damage in the form of civilians being killed in crossfire, in indiscriminate bombings, etc. All deaths--military as well as civilian--incurred in such situations, are counted as battle-related deaths.

Shortdefinition: Battle-related deaths are deaths in battle-related conflicts between warring parties, usually involving armed forces. This includes traditional battlefield fighting, guerrilla activities, and all kinds of bombardments of military units, cities, and villages, etc. All deaths--military as well as civilian--incurred in such situations, are counted as battle-related deaths.

Source: Uppsala Conflict Data Program, http://www.pcr.uu.se/research/ucdp/.

Statisticalconceptandmethodology: During warfare, targets are usually the military and its installations or state institutions and state representatives, but there is often substantial collateral damage of civilians killed in crossfire, indiscriminate bombings, and other military activities. All deaths - civilian as well as military - incurred in such situations are counted as battle-related deaths.

Topic: Public Sector: Conflict & fragility


Developmentrelevance:
Although all persons affected by conflict and/or human rights violations suffer, displacement from one's place of residence may make the internally displaced particularly vulnerable. Following are some of the factors that are likely to increase the need for protection:

1) Internally displaced persons may be in transit from one place to another, may be in hiding, may be forced toward unhealthy or inhospitable environments, or face other circumstances that make them especially vulnerable.

2) The social organization of displaced communities may have been destroyed or damaged by the act of physical displacement; family groups may be separated or disrupted; women may be forced to assume non-traditional roles or face particular vulnerabilities. Internally displaced populations, and especially groups like children, the elderly, or pregnant women, may experience profound psychosocial distress related to displacement.

3) Removal from sources of income and livelihood may add to physical and psychosocial vulnerability for displaced people.

4) Schooling for children and adolescents may be disrupted.

5) Internal displacement to areas where local inhabitants are of different groups or inhospitable may increase risk to internally displaced communities; internally displaced persons may face language barriers during displacement.

6) The condition of internal displacement may raise the suspicions of or lead to abuse by armed combatants, or other parties to conflict.

7) Internally displaced persons may lack identity documents essential to receiving benefits or legal recognition; in some cases, fearing persecution, displaced persons have sometimes got rid of such documents.

8) According to the Internal Displacement Monitoring Centre (IDMC) tens of millions people around the world are displaced every year within their countries by conflict, human rights violations, natural disasters and climate change. Unlike refugees who cross national borders and benefit from an established system of international protection and assistance, those forcibly uprooted within their own countries, by armed conflict, large-scale development projects, systematic violations of human rights, or natural disasters, lack predictable structures of support. Internal displacement has become one of the more pressing humanitarian, human rights and security problems confronting affected countries and the international community at large.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

IndicatorName: Internally displaced persons, new displacement associated with conflict and violence (number of cases)

Limitationsandexceptions:
Please note that most of the figures are estimates. The definition highlights two issues:

1) The coercive or otherwise involuntary character of movement. The definition mentions some of the most common causes of involuntary movements, such as armed conflict, violence, human rights violations and disasters. These causes have in common that they give no choice to people but to leave their homes and deprive them of the most essential protection mechanisms, such as community networks, access to services, livelihoods. Displacement severely affects the physical, socio-economic and legal safety of people and should be systematically regarded as an indicator of potential vulnerability.

2) The fact that such movement takes place within national borders. Unlike refugees, who have been deprived of the protection of their state of origin, IDPs remain legally under the protection of national authorities of their country of habitual residence. IDPs should therefore enjoy the same rights as the rest of the population. The Guiding Principles on Internal Displacement remind national authorities and other relevant actors of their responsibility to ensure that IDPs' rights are respected and fulfilled, despite the vulnerability generated by their displacement.

Longdefinition: Internally displaced persons are defined according to the 1998 Guiding Principles (http://www.internal-displacement.org/publications/1998/ocha-guiding-principles-on-internal-displacement) as people or groups of people who have been forced or obliged to flee or to leave their homes or places of habitual residence, in particular as a result of armed conflict, or to avoid the effects of armed conflict, situations of generalized violence, violations of human rights, or natural or human-made disasters and who have not crossed an international border. "New Displacement" refers to the number of new cases or incidents of displacement recorded over the specified year, rather than the number of people displaced. This is done because people may have been displaced more than once.

Source: The Internal Displacement Monitoring Centre (http://www.internal-displacement.org/)

Statisticalconceptandmethodology: Internally displaced persons are "persons or groups of persons who have been forced or obliged to flee or to leave their homes or places of habitual residence, in particular as a result of or in order to avoid the effects of armed conflict, situations of generalized violence, violations of human rights or natural or human-made disasters, and who have not crossed an internationally recognized state border." Internally displaced people are often confused with refugees. Unlike refugees, internally displaced people remain under the protection of their own government, even if their reason for fleeing was similar to that of refugees. Refugees are people who have crossed an international border to find sanctuary and have been granted refugee or refugee-like status or temporary protection. For more information on methodology, please refer to the information published by IDMC: http://www.internal-displacement.org/database/


IndicatorName: Internally displaced persons, new displacement associated with disasters (number of cases)

Statisticalconceptandmethodology: Internally displaced persons are "persons or groups of persons who have been forced or obliged to flee or to leave their homes or places of habitual residence, in particular as a result of or in order to avoid the effects of armed conflict, situations of generalized violence, violations of human rights or natural or human-made disasters, and who have not crossed an internationally recognized state border." Internally displaced people are often confused with refugees. Unlike refugees, internally displaced people remain under the protection of their own government, even if their reason for fleeing was similar to that of refugees. Refugees are people who have crossed an international border to find sanctuary and have been granted refugee or refugee-like status or temporary protection.


IndicatorName: Internally displaced persons, total displaced by conflict and violence (number of people)

Longdefinition: Internally displaced persons are defined according to the 1998 Guiding Principles (http://www.internal-displacement.org/publications/1998/ocha-guiding-principles-on-internal-displacement) as people or groups of people who have been forced or obliged to flee or to leave their homes or places of habitual residence, in particular as a result of armed conflict, or to avoid the effects of armed conflict, situations of generalized violence, violations of human rights, or natural or human-made disasters and who have not crossed an international border. “People displaced” refers to the number of people living in displacement as of the end of each year, and reflects the stock of people displaced at the end of the previous year, plus inflows of new cases arriving over the year as well as births over the year to those displaced, minus outflows which may include returnees, those who settled elsewhere, those who integrated locally, those who travelled over borders, and deaths.

Statisticalconceptandmethodology: Internally displaced persons are "persons or groups of persons who have been forced or obliged to flee or to leave their homes or places of habitual residence, in particular as a result of or in order to avoid the effects of armed conflict, situations of generalized violence, violations of human rights or natural or human-made disasters, and who have not crossed an internationally recognized state border." Internally displaced people are often confused with refugees. Unlike refugees, internally displaced people remain under the protection of their own government, even if their reason for fleeing was similar to that of refugees. Refugees are people who have crossed an international border to find sanctuary and have been granted refugee or refugee-like status or temporary protection. “People displaced” refers to the number of people living in displacement as of the end of each year, and reflects the stock of people displaced at the end of the previous year, plus inflows of new cases arriving over the year as well as births over the year to those displaced, minus outflows which may include returnees, those who settled elsewhere, those who integrated locally, those who travelled over borders, and deaths.


Developmentrelevance:
In some regions, organized crime, drug trafficking and the violent cultures of youth gangs are predominantly responsible for the high levels of homicide. There has been a sharp increase in homicides in some countries, particularly in Central America, are making the activities of organized crime and drug trafficking more visible. Greater use of firearms is often associated with the illicit activities of organized criminal groups, which are often linked to drug trafficking.

Knowledge of the patterns and causes of violent crime are crucial to forming preventive strategies. Young males are the group most affected by violent crime in all regions, particularly in the Americas. Yet women of all ages are the victims of intimate partner and family-related violence in all regions and countries. Indeed, in many of them, it is within the home where a woman is most likely to be killed.

Data on intentional homicides are from the United Nations Office on Drugs and Crime (UNODC), which uses a variety of national and international sources on homicides - primarily criminal justice sources as well as public health data from the World Health Organization (WHO) and the Pan American Health Organization - and the United Nations Survey of Crime Trends and Operations of Criminal Justice Systems to present accurate and comparable statistics. The UNODC defines homicide as "unlawful death purposefully inflicted on a person by another person." This definition excludes deaths arising from armed conflict.

IndicatorName: Intentional homicides, female (per 100,000 female)

Limitationsandexceptions:
Statistics reported to the United Nations in the context of its various surveys on crime levels and criminal justice trends are incidents of victimization that have been reported to the authorities in any given country. That means that this data is subject to the problems of accuracy of all official crime data. The survey results provide an overview of trends and interrelationships between various parts of the criminal justice system to promote informed decision-making in administration, nationally and internationally.

The degree to which different societies apportion the level of culpability to acts resulting in death is also subject to variation. Consequently, the comparison between countries and regions of "intentional homicide", or unlawful death purposefully inflicted on a person by another person, is also a comparison of the extent to which different countries deem that a killing be classified as such, as well as the capacity of their legal systems to record it. Caution should therefore be applied when evaluating and comparing homicide data.

Longdefinition: Intentional homicides, female are estimates of unlawful female homicides purposely inflicted as a result of domestic disputes, interpersonal violence, violent conflicts over land resources, intergang violence over turf or control, and predatory violence and killing by armed groups. Intentional homicide does not include all intentional killing; the difference is usually in the organization of the killing. Individuals or small groups usually commit homicide, whereas killing in armed conflict is usually committed by fairly cohesive groups of up to several hundred members and is thus usually excluded.

Source: UN Office on Drugs and Crime's International Homicide Statistics database.

Statisticalconceptandmethodology:
The definitions used to produce data are in line with the homicide definition used in the UNODC Homicide Statistics dataset. On the basis of these selection criteria and subject to data availability, a long and continuous time series including recent data on homicide counts and rates has been identified or created at country level. Data are adjusted to conform to the total number of victims of intentional homicide. The adjustment is carried out by applying the sex ratio of reported victims to the total number of victims of intentional homicide.

The intentional killing of a human being by another is the ultimate crime. Its indisputable physical consequences manifested in the form of a dead body also make it the most categorical and calculable. All existing data sources on intentional homicides, both at national and international level, stem from either criminal justice or public health systems. In the former case, data are generated by law enforcement or criminal justice authorities in the process of recording and investigating a crime event. In the latter, data are produced by health authorities certifying the cause of death of an individual.

Criminal justice data were collected through UNODC regular collections of crime data from Member States, through publicly available data produced by national government sources and from data compiled by other international and regional agencies, including from Interpol, Eurostat, the Organization of American States and UNICEF. Public health data on homicides were mainly derived from databases on deaths by cause disseminated by the World Health Organization (WHO).

The inclusion of recent data was given a higher priority in the selection process than the length of the time series (number of years covered). An analysis of official reports and research literature is regularly carried out to verify homicide data used by government agencies and the scientific community.

As a result of the data collection and validation process, in many countries several homicide datasets have become available from different or multiple sources. Therefore, data series have been selected to provide the most appropriate reference counts.


IndicatorName: Intentional homicides, male (per 100,000 male)

Longdefinition: Intentional homicides, male are estimates of unlawful male homicides purposely inflicted as a result of domestic disputes, interpersonal violence, violent conflicts over land resources, intergang violence over turf or control, and predatory violence and killing by armed groups. Intentional homicide does not include all intentional killing; the difference is usually in the organization of the killing. Individuals or small groups usually commit homicide, whereas killing in armed conflict is usually committed by fairly cohesive groups of up to several hundred members and is thus usually excluded.


IndicatorName: Intentional homicides (per 100,000 people)

Longdefinition: Intentional homicides are estimates of unlawful homicides purposely inflicted as a result of domestic disputes, interpersonal violence, violent conflicts over land resources, intergang violence over turf or control, and predatory violence and killing by armed groups. Intentional homicide does not include all intentional killing; the difference is usually in the organization of the killing. Individuals or small groups usually commit homicide, whereas killing in armed conflict is usually committed by fairly cohesive groups of up to several hundred members and is thus usually excluded.

Statisticalconceptandmethodology:
The definitions used to produce data are in line with the homicide definition used in the UNODC Homicide Statistics dataset. On the basis of these selection criteria and subject to data availability, a long and continuous time series including recent data on homicide counts and rates has been identified or created at country level. Data included in the dataset correspond to the original value provided by the source of origin, since no statistical procedure or modeling was used to change collected values or to create new or revised figures.

The intentional killing of a human being by another is the ultimate crime. Its indisputable physical consequences manifested in the form of a dead body also make it the most categorical and calculable. All existing data sources on intentional homicides, both at national and international level, stem from either criminal justice or public health systems. In the former case, data are generated by law enforcement or criminal justice authorities in the process of recording and investigating a crime event. In the latter, data are produced by health authorities certifying the cause of death of an individual.

Criminal justice data were collected through UNODC regular collections of crime data from Member States, through publicly available data produced by national government sources and from data compiled by other international and regional agencies, including from Interpol, Eurostat, the Organization of American States and UNICEF. Public health data on homicides were mainly derived from databases on deaths by cause disseminated by the World Health Organization (WHO).

The inclusion of recent data was given a higher priority in the selection process than the length of the time series (number of years covered). An analysis of official reports and research literature is regularly carried out to verify homicide data used by government agencies and the scientific community.

As a result of the data collection and validation process, in many countries several homicide datasets have become available from different or multiple sources. Therefore, data series have been selected to provide the most appropriate reference counts.


IndicatorName: Control of Corruption: Estimate

Longdefinition: Control of Corruption captures perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5.


IndicatorName: Control of Corruption: Number of Sources

Longdefinition: Control of Corruption captures perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests. Number of sources indicates the number of underlying data sources on which the aggregate estimate is based.


IndicatorName: Control of Corruption: Percentile Rank

Longdefinition: Control of Corruption captures perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests.  Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.


IndicatorName: Control of Corruption: Percentile Rank, Lower Bound of 90% Confidence Interval

Longdefinition: Control of Corruption captures perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests.  Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Lower refers to lower bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Control of Corruption: Percentile Rank, Upper Bound of 90% Confidence Interval

Longdefinition: Control of Corruption captures perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests.  Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Upper refers to upper bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Control of Corruption: Standard Error

Longdefinition: Control of Corruption captures perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests.   Standard error indicates the precision of the estimate of governance.  Larger values of the standard error indicate less precise estimates.  A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.


IndicatorName: Government Effectiveness: Estimate

Longdefinition: Government Effectiveness captures perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5.


IndicatorName: Government Effectiveness: Number of Sources

Longdefinition: Government Effectiveness captures perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies.  Number of sources indicates the number of underlying data sources on which the aggregate estimate is based.


IndicatorName: Government Effectiveness: Percentile Rank

Longdefinition: Government Effectiveness captures perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.


IndicatorName: Government Effectiveness: Percentile Rank, Lower Bound of 90% Confidence Interval

Longdefinition: Government Effectiveness captures perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Lower refers to lower bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Government Effectiveness: Percentile Rank, Upper Bound of 90% Confidence Interval

Longdefinition: Government Effectiveness captures perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Upper refers to upper bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Government Effectiveness: Standard Error

Longdefinition: Government Effectiveness captures perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies. Standard error indicates the precision of the estimate of governance.  Larger values of the standard error indicate less precise estimates.  A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.


IndicatorName: Political Stability and Absence of Violence/Terrorism: Estimate

Longdefinition: Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5.


IndicatorName: Political Stability and Absence of Violence/Terrorism: Number of Sources

Longdefinition: Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism.   Number of sources indicates the number of underlying data sources on which the aggregate estimate is based.


IndicatorName: Political Stability and Absence of Violence/Terrorism: Percentile Rank

Longdefinition: Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism.  Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.


IndicatorName: Political Stability and Absence of Violence/Terrorism: Percentile Rank, Lower Bound of 90% Confidence Interval

Longdefinition: Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism.  Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Lower refers to lower bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Political Stability and Absence of Violence/Terrorism: Percentile Rank, Upper Bound of 90% Confidence Interval

Longdefinition: Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism.  Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Upper refers to upper bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Political Stability and Absence of Violence/Terrorism: Standard Error

Longdefinition: Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism.  Standard error indicates the precision of the estimate of governance.  Larger values of the standard error indicate less precise estimates.  A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.


IndicatorName: Rule of Law: Estimate

Longdefinition: Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5.


IndicatorName: Rule of Law: Number of Sources

Longdefinition: Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Number of sources indicates the number of underlying data sources on which the aggregate estimate is based.


IndicatorName: Rule of Law: Percentile Rank

Longdefinition: Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.


IndicatorName: Rule of Law: Percentile Rank, Lower Bound of 90% Confidence Interval

Longdefinition: Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Lower refers to lower bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Rule of Law: Percentile Rank, Upper Bound of 90% Confidence Interval

Longdefinition: Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.    Percentile Rank Upper refers to upper bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Rule of Law: Standard Error

Longdefinition: Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Standard error indicates the precision of the estimate of governance.  Larger values of the standard error indicate less precise estimates.  A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.


IndicatorName: Regulatory Quality: Estimate

Longdefinition: Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5.


IndicatorName: Regulatory Quality: Number of Sources

Longdefinition: Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. umber of sources indicates the number of underlying data sources on which the aggregate estimate is based.


IndicatorName: Regulatory Quality: Percentile Rank

Longdefinition: Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.


IndicatorName: Regulatory Quality: Percentile Rank, Lower Bound of 90% Confidence Interval

Longdefinition: Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Lower refers to lower bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Regulatory Quality: Percentile Rank, Upper Bound of 90% Confidence Interval

Longdefinition: Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Upper refers to upper bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Regulatory Quality: Standard Error

Longdefinition: Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. Standard error indicates the precision of the estimate of governance.  Larger values of the standard error indicate less precise estimates.  A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.


IndicatorName: Voice and Accountability: Estimate

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5.


IndicatorName: Voice and Accountability: Number of Sources

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media.  Number of sources indicates the number of underlying data sources on which the aggregate estimate is based.


IndicatorName: Voice and Accountability: Percentile Rank

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.


IndicatorName: Voice and Accountability: Percentile Rank, Lower Bound of 90% Confidence Interval

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI. Percentile Rank Lower refers to lower bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Voice and Accountability: Percentile Rank, Upper Bound of 90% Confidence Interval

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank.  Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI.  Percentile Rank Upper refers to upper bound of 90 percent confidence interval for governance, expressed in percentile rank terms.


IndicatorName: Voice and Accountability: Standard Error

Longdefinition: Voice and Accountability captures perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. Standard error indicates the precision of the estimate of governance.  Larger values of the standard error indicate less precise estimates.  A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.


IndicatorName: Sub-National Malnutrition prevalence, weight for age (% of children under 5)

Longdefinition: Prevalence of child malnutrition is the percentage of children under age 5 whose weight for age is more than two standard deviations below the median for the international reference population ages 0-59 months. The data are based on the WHO's new child growth standards released in 2006.

Periodicity: Irregular; depending on survey data availability

Source: World Health Organization, Global Database on Child Growth and Malnutrition. Country-level data are unadjusted data from national surveys, and thus may not be comparable across countries. Adjusted, comparable data are available at http://www.who.int/nutgrowthdb/en. Aggregation is based on UNICEF, WHO, and the World Bank harmonized dataset (adjusted, comparable data) and methodology.

Topic: Health: Nutrition


IndicatorName: Sub-National Prevalence of overweight (% of children under 5)

Longdefinition: Prevalence of overweight children is the percentage of children under age 5 whose weight for height is more than two standard deviations above the median for the international reference population of the corresponding age as established by the WHO's new child growth standards released in 2006.


IndicatorName: Sub-National Malnutrition prevalence, height for age (% of children under 5)

Longdefinition: Prevalence of child malnutrition is the percentage of children under age 5 whose height for age (stunting) is more than two standard deviations below the median for the international reference population ages 0-59 months. For children up to two years old height is measured by recumbent length. For older children height is measured by stature while standing. The data are based on the WHO's new child growth standards released in 2006.


IndicatorName: Sub-National Prevalence of wasting (% of children under 5)

Limitationsandexceptions: UNICEF, WHO and the World Bank, recommend not using the data for wasting and severe wasting indicators to make inter-temporal comparisons.  Wasting and severe wasting indicators are very responsive to infection and changes in food availability. A child’s weight relative to its height can drop quickly but also bounce back up with appropriate interventions or a stabilization of a crisis.  Malnutrition prevalence estimates are generated from household surveys that only allow for a snapshot view at one short point in time (usually a few months long).  In addition, surveys do not capture the duration of wasting and averages during the year are unavailable.  Wasting and severe wasting thus, show fluctuations across surveys that do not necessarily reflect the whole spectrum of possible variability.  A more appropriate way to have accurate estimates for these conditions would be to use annual incidence (i.e., number of cases that occur in a population during a given year). However, estimates of incidence at national or even regional level do not exist.  Therefore, the estimates of prevalence are a proxy and should be interpreted with caution as even the presented confidence intervals may or may not span over the fluctuations that have occurred. Contrary to wasting and severe wasting, the prevalence estimates of stunting, underweight, and overweight are more stable and less reactive to rapid changes in the conditions children live in.

Longdefinition: Wasting prevalence is the proportion of children under five whose weight for height is more than two standard deviations below the median for the international reference population ages 0-59.


IndicatorName: Sub-National Prevalence of severe wasting, weight for height (% of children under 5)

Longdefinition: Severe wasting prevalence is the proportion of children under five whose weight for height is more than three standard deviations below the median for the international reference population ages 0-59.


Aggregationmethod: Gap-filled total

Dataset: International Debt Statistics

IndicatorName: Imports of goods, services and primary income (current US$)

Longdefinition: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and primary income (factor) payments. Data are in current U.S. dollars.

Shortdefinition: Imports of goods, services and primary income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook.

Topic: Economic Policy & Debt: Balance of payments: Current account: Goods, services & income


IndicatorName: Current account balance (current US$)

Longdefinition: Current account balance shows the difference between the sum of exports and income receivable and the sum of imports and income payable (exports and imports refer to both goods and services, while income refers to both primary and secondary income).

Topic: Economic Policy & Debt: Balance of payments: Current account: Balances


IndicatorName: Grants, excluding technical cooperation (current US$)

Longdefinition: Grants are defined as legally binding commitments that obligate a specific value of funds available for disbursement for which there is no repayment requirement. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

Topic: Economic Policy & Debt: Balance of payments: Reserves & other items


IndicatorName: Technical cooperation grants (current US$)

Longdefinition: Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars.


IndicatorName: Exports of goods, services and primary income (current US$)

Longdefinition: Exports of goods, services and income is the sum of goods (merchandise) exports, exports of (nonfactor) services and primary income (factor) receipts. Data are in current U.S. dollars.

Shortdefinition: Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts. Data are in current U.S. dollars.


Generalcomments: Note: Data starting from 2005 are based the sixth edition of the IMF's Balance of Payments Manual (BPM6).

IndicatorName: Foreign direct investment, net inflows in reporting economy (DRS, current US$)

Longdefinition: Foreign direct investment (net) shows the net change in foreign investment in the reporting country. Foreign direct investment is defined as investment that is made to acquire a lasting management interest (usually of 10 percent of voting stock) in an enterprise operating in a country other than that of the investor (defined according to residency), the investor's purpose being an effective voice in the management of the enterprise. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars.

Shortdefinition: Foreign direct investment is net inflows of investment to acquire a lasting interest in or management control over an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvested earnings, other long-term capital, and short-term capital, as shown in the balance of payments. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments, supplemented by data from United Nations Conference on Trade and Development and official national sources. Data starting from 2005 are based the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Topic: Economic Policy & Debt: Balance of payments: Capital & financial account


IndicatorName: Primary income on FDI (current US$)

Longdefinition: Primary income on foreign direct investment covers payments of direct investment income (debit side), which consist of income on equity (dividends, branch profits, and reinvested earnings) and income on the intercompany debt (interest). Data are in current U.S. dollars.


IndicatorName: Portfolio investment, equity (DRS, current US$)

Longdefinition: Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook. Data starting from 2005 are based the sixth edition of the IMF's Balance of Payments Manual (BPM6).


IndicatorName: Personal transfers and compensation of employees, received (current US$)

Longdefinition: Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual(BPM6): personal transfers and compensation of employees. Data are in current U.S. dollars.

Shortdefinition: Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual (BPM6): personal transfers and compensation of employees. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data. Data starting from 2005 are based the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Topic: Economic Policy & Debt: Balance of payments: Current account: Transfers


IndicatorName: CB, bilateral (AMT, current US$)

Longdefinition: Central bank bilateral debt includes Central bank debt with bilateral creditors. The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. The monetary authority, normally the agency that issues currency and holds the country’s international reserves.Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.

Topic: Economic Policy & Debt: External debt: Amortization


IndicatorName: PPG, bilateral (AMT, current US$)

Longdefinition: Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: GG, bilateral (AMT, current US$)

Longdefinition: General government bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: OPS, bilateral (AMT, current US$)

Longdefinition: Other public sector bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PRVG, bilateral (AMT, current US$)

Longdefinition: Private sector guaranteed by Public Sector bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PS, bilateral (AMT, current US$)

Longdefinition: Public sector bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: CB, bilateral concessional (AMT, current US$)

Longdefinition: Central bank bilateral debt includes Central bank debt with bilateral creditors. The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. The monetary authority, normally the agency that issues currency and holds the country’s international reserves.Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PPG, bilateral concessional (AMT, current US$)

Longdefinition: Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: GG, bilateral concessional (AMT, current US$)

Longdefinition: General goverment bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: OPS, bilateral concessional (AMT, current US$)

Longdefinition: Other public sector bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PRVG, bilateral concessional (AMT, current US$)

Longdefinition: Private sector guaranteed by Public Sector  bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PS, bilateral concessional (AMT, current US$)

Longdefinition: Public sector bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: Principal repayments on external debt, central bank (PPG) (AMT, current US$)

Longdefinition: Central bank  long-term debt are aggregated. The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. The monetary authority, normally the agency that issues currency and holds the country’s international reserves.  Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.


IndicatorName: Principal repayments on external debt, general government sector (PPG) (AMT, current US$)

Longdefinition: General government long-term debt are aggregated. General government debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.


IndicatorName: Principal repayments on external debt, public sector (PPG) (AMT, current US$)

Longdefinition: Public sector long-term debt are aggregated. Public sector debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.


IndicatorName: IMF repurchases (AMT, current US$)

Longdefinition: IMF repurchases are total repayments of outstanding drawings from the General Resources Account during the year specified, excluding repayments due in the reserve tranche. Data are in current U.S. dollars.


IndicatorName: Principal repayments on external debt, long-term + IMF (AMT, current US$)

Longdefinition: Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. This item includes principal repayments on long-term debt and IMF repurchases. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. IMF repurchases are total repayments of outstanding drawings from the General Resources Account during the year specified, excluding repayments due in the reserve tranche. To maintain comparability between data on transactions with the IMF and data on long-term debt, use of IMF credit outstanding at the end of year (stock) is converted to dollars at the SDR exchange rate in effect at the end of year. Repurchases (flows) are converted at the average SDR exchange rate for the year in which transactions take place. Data are in current U.S. dollars.


IndicatorName: Principal repayments on external debt, long-term (AMT, current US$)

Longdefinition: Principal repayments on long-term debt are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.


IndicatorName: Principal repayments on external debt, other public sector (PPG) (AMT, current US$)

Longdefinition: Other public sector long-term debt are aggregated. Other public sector debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.


IndicatorName: Principal repayments on external debt, private nonguaranteed (PNG) (AMT, current US$)

Longdefinition: Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.


IndicatorName: Principal repayments on external debt, public and publicly guaranteed (PPG) (AMT, current US$)

Longdefinition: Public and publicly guaranteed long-term debt are aggregated. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.


IndicatorName: PPG, IBRD (AMT, current US$)

Longdefinition: Public and publicly guaranteed debt outstanding from the International Bank for Reconstruction and Development (IBRD) is nonconcessional. Nonconcessional debt excludes loans with an original grant element of 35 percent or more. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PPG, IDA (AMT, current US$)

Longdefinition: Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: CB, multilateral (AMT, current US$)

Longdefinition: Central bank multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. The monetary authority, normally the agency that issues currency and holds the country’s international reserves. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PPG, multilateral (AMT, current US$)

Longdefinition: Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: GG, multilateral (AMT, current US$)

Longdefinition: General government multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: OPS, multilateral (AMT, current US$)

Longdefinition: Other public sector multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PRVG, multilateral (AMT, current US$)

Longdefinition: Private sector guaranteed by Public Sector  include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PS, multilateral (AMT, current US$)

Longdefinition: Public sector multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: CB, multilateral concessional (AMT, current US$)

Longdefinition: Central bank multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. The monetary authority, normally the agency that issues currency and holds the country’s international reserves. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PPG, multilateral concessional (AMT, current US$)

Longdefinition: Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: GG, multilateral concessional (AMT, current US$)

Longdefinition: General government multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: OPS, multilateral concessional (AMT, current US$)

Longdefinition: Other public sector multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PRVG, multilateral concessional (AMT, current US$)

Longdefinition: Private sector guaranteed by Public Sector multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: PS, multilateral concessional (AMT, current US$)

Longdefinition: Public sector multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.


IndicatorName: CB, official creditors (AMT, current US$)

Longdefinition: Central bank debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments.  The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. The monetary authority, normally the agency that issues currency and holds the country’s international reserves. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.