Fertilizer consumption (% of fertilizer production) World Development Indicators Fertilizer consumption measures the quantity of plant nutrients and is calculated as production plus imports minus exports. Fertilizer products cover nitrogenous, potash, and phosphate fertilizers (including ground rock phosphate). Traditional nutrients--animal and plant manures--are not included. Because some chemical compounds used for fertilizers have other industrial applications, the consumption data may overstate the quantity available for crops. Fertilizer consumption as a share of production shows the agriculture sector's vulnerability to import and energy price fluctuation. Most fertilizers that are commonly used in agriculture contain the three basic plant nutrients-nitrogen, phosphorus, and potassium. Some fertilizers also contain certain micronutrients such as zinc and other metals that are necessary for plant growth. Materials that are applied to the land primarily to enhance soil characteristics (rather than as plant food) are commonly referred to as soil amendments. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Fertilizer consumption (kilograms per hectare of arable land) World Development Indicators Fertilizer consumption measures the quantity of plant nutrients used per unit of arable land. Fertilizer products cover nitrogenous, potash, and phosphate fertilizers (including ground rock phosphate). Traditional nutrients--animal and plant manures--are not included. For the purpose of data dissemination, FAO has adopted the concept of a calendar year (January to December). Some countries compile fertilizer data on a calendar year basis, while others are on a split-year basis. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Agricultural land (sq. km) World Development Indicators Agricultural land refers to the land area that is arable, under permanent crops, and under permanent pastures. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. Land under permanent crops is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. Permanent pasture is land used for five or more years for forage, including natural and cultivated crops. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Climate Change Agricultural land (% of land area) World Development Indicators Agricultural land refers to the share of land area that is arable, under permanent crops, and under permanent pastures. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. Land under permanent crops is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. Permanent pasture is land used for five or more years for forage, including natural and cultivated crops. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Climate Change Environment Arable land (hectares) World Development Indicators Arable land (in hectares) includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Arable land (hectares per person) World Development Indicators Arable land (hectares per person) includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Arable land (% of land area) World Development Indicators Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. FAO electronic files and website, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Climate Change Environment Land under cereal production (hectares) World Development Indicators Land under cereal production refers to harvested area, although some countries report only sown or cultivated area. Cereals include wheat, rice, maize, barley, oats, rye, millet, sorghum, buckwheat, and mixed grains. Production data on cereals relate to crops harvested for dry grain only. Cereal crops harvested for hay or harvested green for food, feed, or silage and those used for grazing are excluded. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), uri: https://www.fao.org/faostat/en/#data/QCL, note: Item code F1717, publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Permanent cropland (% of land area) World Development Indicators Permanent cropland is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Rural land area where elevation is below 5 meters (sq. km) World Development Indicators Rural land area below 5m is the total rural land area in square kilometers where the elevation is 5 meters or less. Low Elevation Coastal Zone (LECZ) Urban-Rural Population and Land Area Estimates, Version 3, Center For International Earth Science Information Network (CIESIN) - Columbia University, uri: https://www.earthdata.nasa.gov/data/catalog/sedac-ciesin-sedac-lecz-urplaev3-3.00, publisher: NASA Socioeconomic Data and Applications Center (SEDAC), date published: 2021 Agriculture & Rural Development Climate Change Environment Rural land area where elevation is below 5 meters (% of total land area) World Development Indicators Rural land area below 5m is the percentage of total land where the rural land elevation is 5 meters or less. Low Elevation Coastal Zone (LECZ) Urban-Rural Population and Land Area Estimates, Version 3, Center For International Earth Science Information Network (CIESIN) - Columbia University, uri: https://www.earthdata.nasa.gov/data/catalog/sedac-ciesin-sedac-lecz-urplaev3-3.00, publisher: NASA Socioeconomic Data and Applications Center (SEDAC), date published: 2021 Agriculture & Rural Development Climate Change Environment Urban land area where elevation is below 5 meters (sq. km) World Development Indicators Urban land area below 5m is the total urban land area in square kilometers where the elevation is 5 meters or less. Low Elevation Coastal Zone (LECZ) Urban-Rural Population and Land Area Estimates, Version 3, Center For International Earth Science Information Network (CIESIN) - Columbia University, uri: https://www.earthdata.nasa.gov/data/catalog/sedac-ciesin-sedac-lecz-urplaev3-3.00, publisher: NASA Socioeconomic Data and Applications Center (SEDAC), date published: 2021 Climate Change Urban Development Environment Urban land area where elevation is below 5 meters (% of total land area) World Development Indicators Urban land area below 5m is the percentage of total land where the urban land elevation is 5 meters or less. Low Elevation Coastal Zone (LECZ) Urban-Rural Population and Land Area Estimates, Version 3, Center For International Earth Science Information Network (CIESIN) - Columbia University, uri: https://www.earthdata.nasa.gov/data/catalog/sedac-ciesin-sedac-lecz-urplaev3-3.00, publisher: NASA Socioeconomic Data and Applications Center (SEDAC), date published: 2021 Climate Change Urban Development Environment Land area where elevation is below 5 meters (% of total land area) World Development Indicators Land area below 5m is the percentage of total land where the elevation is 5 meters or less. Low Elevation Coastal Zone (LECZ) Urban-Rural Population and Land Area Estimates, Version 3, Center For International Earth Science Information Network (CIESIN) - Columbia University, uri: https://www.earthdata.nasa.gov/data/catalog/sedac-ciesin-sedac-lecz-urplaev3-3.00, publisher: NASA Socioeconomic Data and Applications Center (SEDAC), date published: 2021 Climate Change Environment Forest area (sq. km) World Development Indicators Forest area is land under natural or planted stands of trees of at least 5 meters in situ, whether productive or not, and excludes tree stands in agricultural production systems (for example, in fruit plantations and agroforestry systems) and trees in urban parks and gardens. FAOSTAT, Food and Agriculture Organization of the United Nations (FAO), uri: https://www.fao.org/faostat/en/#data/RL, publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Climate Change Environment Forest area (% of land area) World Development Indicators Forest area (% of land area) is the share of total land area that is under natural or planted stands of trees of at least 5 meters in situ, whether productive or not, and excludes tree stands in agricultural production systems (for example, in fruit plantations and agroforestry systems) and trees in urban parks and gardens. FAOSTAT, Food and Agriculture Organization of the United Nations (FAO), uri: https://www.fao.org/faostat/en/#data/RL, publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Climate Change Environment Agricultural irrigated land (% of total agricultural land) World Development Indicators Agricultural irrigated land refers to agricultural areas purposely provided with water, including land irrigated by controlled flooding. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), uri: https://www.fao.org/faostat/en/#data/RL, publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Climate Change Average precipitation in depth (mm per year) World Development Indicators Average precipitation is the long-term average in depth (over space and time) of annual precipitation in the country. Precipitation is defined as any kind of water that falls from clouds as a liquid or a solid. FAOSTAT, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Climate Change Environment Land area (sq. km) World Development Indicators Land area is a country's total area, excluding area under inland water bodies, national claims to continental shelf, and exclusive economic zones. In most cases the definition of inland water bodies includes major rivers and lakes. FAOSTAT, Food and Agriculture Organization of the United Nations (FAO), uri: https://www.fao.org/faostat/en/#data/RL, publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Environment Rural land area (sq. km) World Development Indicators Rural land area in square kilometers, derived from urban extent grids which distinguish urban and rural areas based on a combination of population counts (persons), settlement points, and the presence of Nighttime Lights. Areas are defined as urban where contiguous lighted cells from the Nighttime Lights or approximated urban extents based on buffered settlement points for which the total population is greater than 5,000 persons. Low Elevation Coastal Zone (LECZ) Urban-Rural Population and Land Area Estimates, Version 2, Center For International Earth Science Information Network (CIESIN) - Columbia University, uri: https://www.earthdata.nasa.gov/data/catalog/sedac-ciesin-sedac-lecz-urplaev2-2.00, publisher: NASA Socioeconomic Data and Applications Center (SEDAC), date published: 2013 Agriculture & Rural Development Environment Urban land area (sq. km) World Development Indicators Urban land area in square kilometers, based on a combination of population counts (persons), settlement points, and the presence of nighttime lights. Areas are defined as urban where contiguous lighted cells from the nighttime lights or approximated urban extents based on buffered settlement points for which the total population is greater than 5,000 persons. Low Elevation Coastal Zone (LECZ) Urban-Rural Population and Land Area Estimates, Version 2, Center For International Earth Science Information Network (CIESIN) - Columbia University, uri: https://www.earthdata.nasa.gov/data/catalog/sedac-ciesin-sedac-lecz-urplaev2-2.00, publisher: NASA Socioeconomic Data and Applications Center (SEDAC), date published: 2013 Urban Development Environment Cereal production (metric tons) World Development Indicators Production data on cereals relate to crops harvested for dry grain only. Cereal crops harvested for hay or harvested green for food, feed, or silage and those used for grazing are excluded. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), uri: https://www.fao.org/faostat/en/#data/QCL, publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Crop production index (2014-2016 = 100) World Development Indicators Crop production index shows agricultural production for each year relative to the base period 2014-2016. It includes all crops except fodder crops. Regional and income group aggregates for the FAO's production indexes are calculated from the underlying values in international dollars, normalized to the base period 2014-2016. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Food production index (2014-2016 = 100) World Development Indicators Food production index covers food crops that are considered edible and that contain nutrients. Coffee and tea are excluded because, although edible, they have no nutritive value. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Livestock production index (2014-2016 = 100) World Development Indicators Livestock production index includes meat and milk from all sources, dairy products such as cheese, and eggs, honey, raw silk, wool, and hides and skins. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Surface area (sq. km) World Development Indicators Surface area is a country's total area, including areas under inland bodies of water and some coastal waterways. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Environment Cereal yield (kg per hectare) World Development Indicators Cereal yield, measured as kilograms per hectare of harvested land, includes wheat, rice, maize, barley, oats, rye, millet, sorghum, buckwheat, and mixed grains. Production data on cereals relate to crops harvested for dry grain only. Cereal crops harvested for hay or harvested green for food, feed, or silage and those used for grazing are excluded. The FAO allocates production data to the calendar year in which the bulk of the harvest took place. Most of a crop harvested near the end of a year will be used in the following year. FAO electronic files and web site, Food and Agriculture Organization of the United Nations (FAO), uri: https://www.fao.org/faostat/en/#data/QCL, publisher: Food and Agriculture Organization of the United Nations (FAO) Agriculture & Rural Development Climate Change Trade in services (% of GDP) World Development Indicators Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Economy & Growth Private Sector Trade Communications, computer, etc. (% of service imports, BoP) World Development Indicators Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Trade Primary income payments (BoP, current US$) World Development Indicators Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Imports of goods and services (BoP, current US$) World Development Indicators Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Trade Insurance and financial services (% of service imports, BoP) World Development Indicators Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Private Sector Trade Goods imports (BoP, current US$) World Development Indicators Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Trade Service imports (BoP, current US$) World Development Indicators Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Trade Charges for the use of intellectual property, payments (BoP, current US$) World Development Indicators Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Science & Technology Imports of goods, services and primary income (BoP, current US$) World Development Indicators Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth External Debt Trade Transport services (% of service imports, BoP) World Development Indicators Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Trade Travel services (% of service imports, BoP) World Development Indicators Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Trade Foreign direct investment, net outflows (BoP, current US$) World Development Indicators Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars. Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; UN Conference on Trade and Development (UNCTAD); Official national sources Economy & Growth Financial Sector Foreign direct investment, net outflows (% of GDP) World Development Indicators Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP. Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; UN Conference on Trade and Development (UNCTAD); Official national sources Economy & Growth Financial Sector Secondary income, other sectors, payments (BoP, current US$) World Development Indicators Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Personal remittances, paid (current US$) World Development Indicators Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars. IMF balance of payments data, International Monetary Fund (IMF); Staff estimates, World Bank (WB) Economy & Growth Financial Sector Current account balance (BoP, current US$) World Development Indicators Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth External Debt Current account balance (% of GDP) World Development Indicators Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Economy & Growth Net financial account (BoP, current US$) World Development Indicators The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Net primary income (BoP, current US$) World Development Indicators Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Net trade in goods and services (BoP, current US$) World Development Indicators The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Trade Net trade in goods (BoP, current US$) World Development Indicators The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Trade Net errors and omissions (BoP, current US$) World Development Indicators Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Foreign direct investment, net (BoP, current US$) World Development Indicators Foreign direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the voting power is evidence of a direct investment relationship. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Economy & Growth Financial Sector