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CENTRE OF ECONOMIC INTEREST

Statistics Directorate    
French Equivalent: Centre of economic interest

Definition:
An institutional unit has a centre of economic interest within a country when there exists some location – dwelling, place of production, or other premises – within the economic territory of the country on, or from, which the unit engages and intends to continue engaging, either indefinitely or over a finite but long period of time, in economic activities and transactions on a significant scale. The locations need not to be fixed so long as it remains within the economic territory.

Context:
Also SNA 14.12 [4.15].

Source Publication:
BPM para. 62.

Hyperlink:
http://www.imf.org/external/np/sta/bop/BOPman.pdf

Statistical Theme: Financial statistics - Balance of payments

Created on Tuesday, September 25, 2001

Last updated on Monday, March 03, 2003