The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.

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General merchandise on a balance of payments (BOP) basis

The item General merchandise on a balance of payments (BOP) basis includes goods whose ownership is transferred between a domestic and foreign unit and that do not belong to another special category, such as goods under merchanting, non-monetary gold and are not part of a service. General merchandise is recorded at market value and is based on the free on board (FOB) principle.

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • IMF