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This indicator measures the physical trade surplus or deficit of an economy. PTB equals imports minus exports. Physical trade balances may also be defined including hidden flows associated with imports and exports (for example on the basis of TMC accounts).

Source Publication:
United Nations, European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, World Bank, 2005, Handbook of National Accounting: Integrated Environmental and Economic Accounting 2003, Studies in Methods, Series F, No.61, Rev.1, Glossary, United Nations, New York, para. 3.209.

Statistical Theme: Environmental statistics

Created on Wednesday, July 6, 2005