Definition: Transaction value

Category: ESA 1995

Financial transactions are recorded at the transaction values, that is, the values in national currency at which the financial assets and/or liabilities involved are created, liquidated, exchanged or assumed between institutional units, or between them and the rest of the world, on the basis of commercial considerations only. http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view