Term:
Sector classification
Definition:
In the 1993 SNA and the IMF Balance of Payments Manual, Version 5, (BPM5), institutional sectors are formed by the grouping of similar kinds of institutional units according to their economic objectives and functions.
Domain:
Finance
Source:
IMF, 2003, External Debt Statistics: Guide for Compilers and Users – Appendix III, Glossary, IMF, Washington DC