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Metadata Glossary
What's New
Quarterly External Debt Statistics GDDS was updated on April 16, 2024
Quarterly External Debt Statistics SDDS was updated on April 16, 2024
Environment Social and Governance (ESG) Data was updated on April 16, 2024
World Development Indicators was updated on March 28, 2024
Metadata Glossary
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Code
2.01.01.02.nabase
Indicator Name
National Accounts Base Year
Short definition
National accounts base year is the year used as the base period for constant price calculations in the country's national accounts.
Long definition
National accounts base year is the year used as the base period for constant price calculations in the country's national accounts. It is recommended that he base year of constant price estimates be changed periodically to reflect changes in economic structure and relative prices.
Source
World Bank: World Development Indicator (Primary Data Documentation)
Topic
Statistical Capacity Indicator (SCI)
Statistical concept and methodology
Score is 1 if annual chain linking has been adopted or the base year is within the last 10 years. For assessment it will be looked back 10 years starting the year before current.
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