Statistical Terms Glossary

Net fixed capital formation consists of gross fixed capital formation less consumption of fixed capital

Number of tertiary students from abroad (inbound students) studying in a given country minus the number of students at the same level from a given country studying abroad (outbound students).

Total number of tertiary students from abroad (inbound students) studying in a given country minus the number of students at the same level of education from that country studying abroad (outbound students), expressed as a percentage of total tertiary enrolment in that country.

Difference between exports and imports of goods and services. Also referred to as net exports, or balance of imports and exports.

Net graduation rates is the percentage of persons within a virtual age cohort who obtain a tertiary qualification, thus being unaffected by changes in population size or typical graduation age. The net graduation rate is calculated by dividing the number of graduates by the population for each single year of age.

Net income from abroad is the difference between the total values of the primary incomes receivable from, and payable to, non-residents

New entrants to Grade 1 of primary education who are of the official primary school entrance age, expressed as a percentage of the population of the same age.

Average interest return on loans and investments less average rate of debt interest expense. Return on investments includes realized capital gains and losses.

The net international investment position is the stock of external assets minus the stock of external liabilities

The water that must be supplied through the irrigation system to ensure that the crop receives enough water for its normal crop production (irrigation consumptive water use + flooding of paddy fields + salt leaching).

Net lending is the net amount a unit or a sector has available to finance, directly or indirectly, other units or other sectors.

It is the balancing item in the capital account and is defined as: (Net saving plus capital transfers receivable minus capital transfers payable) minus (the value of acquisitions less disposals of non-financial assets, less consumption of fixed capital).

Negative net lending may also be described as “net borrowing".

From the viewpoint of a loan, the net flow is gross disbursements less principal repayments.

The balance of all physical flows from and to the national economic sphere.

The balance of all physical flows from and to the national environmental sphere.

The number of immigrants minus the number of emigrants over a period, divided by the person-years lived by the population of the receiving country over that period. It is expressed as average annual net number of migrants per 1,000 population.

Net national disposable income may be derived from net national income by adding all current transfers in cash or in kind receivable by resident institutional units from non-resident units and subtracting all current transfers in cash or in kind payable by resident institutional units to non-resident units.

Net national income (NNI) is the aggregate value of the balances of net primary incomes summed over all sectors is described as net national income.

Gross national income (GNI) less the consumption of fixed capital from GNI gives net national income (NNI) at market prices.

Rate of Bank or IFC loans in nonaccrual status. Interest due but not received less recoveries from previous years, divided by the interest received plus the net nonaccrual amount for the year.

Net non-life insurance premiums are total non-life insurance premiums less service charges payable to the insurance corporation.

In SEEA net operating surplus is interpreted as the return to capital, or the effect of time passing on the net present value.

Valuation method to value stocks of natural resources. It is obtained discounting future flows of economic benefits to the present period.

The nominal amount outstanding minus the sum of all future debt-service obligations (interest and principal) on existing debt discounted at an interest rate different from the contracted rate.

The value of the resource stock is calculated as the current rent per unit of resources times the size of the stock, under the assumption that the resource rent will rise at a rate equal to the rate of discount.

Net price refers to the valuation used in environmental accounting to estimate the economic value of a natural resource and its depletion. It is defined as the actual market price of a natural resource output minus all marginal exploitation costs including a normal return to capital

Purchases by resident households outside the economic territory of the country less purchases by non-residential households in the economic territory of the country.

The rate of return of an asset or portfolio over a specified time period, after discounting any fees of commissions.

Net recordings are combinations in which the values of some elementary items are offset against items on the other side of the account or which have an opposite sign are called net recordings