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ECONOMIC TERRITORY (OF A COUNTRY) – ESA

Statistics Directorate    
French Equivalent: Territoire économique (d’un pays) – SEC

Definition:
The economic territory of a country consists of the geographic territory administered by a government; within this territory, persons, goods, and capital circulate freely.
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Context:
In a maritime country, economic territory include islands that belong to the country and are subject to the same fiscal and monetary authorities as a mainland; goods and persons move freely to and from the mainland and the islands without any customs or migration formalities. The economic territory of a country includes the airspace, territorial waters, and continental shelf lying in international waters over which the country enjoys exclusive rights or over which it has, or claims to have, jurisdiction in respect of the right to fish or to exploit to fuel or minerals below the sea bed. The economic territory of a country also includes territorial enclaves in the rest of the world. (BPM para. 59).

The term economic territory means:

— the geographic territory administered by a government within which persons, goods, services and capital move freely;

-any free zones, including bonded warehouses and factories under customs control;

— the national air-space, territorial waters and the continental shelf lying in international waters, over which the country enjoys exclusive rights;

— territorial enclaves, i.e. geographic territories situated in the rest of the world and used, under international treaties or agreements between States, by general government agencies of the country (embassies, consulates, military bases, scientific bases etc.);

- deposits of oil, natural gas, etc. in international waters outside the continental shelf of the country, worked by units resident in the territory as defined in the preceding subparagraphs.

The economic territory does not include extraterritorial enclaves (i.e. the parts of the country's own geographic territory used by general government agencies of other countries, by the Institutions of the European Union or by international organisations under international treaties or agreements between States).

Source Publication:
ESA [2.05, 2.06]
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Cross References:
Economic territory (of a country) – SNA/UN

Version Indicator: ESA

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Friday, March 15, 2002