Statistics glossary

The concepts that begin with the selected letter along with their definition are listed below. Click "Further information" to be directed to the page where detailed information about the concept is located. You can use the links above if you want to change the start letter.

O

  • OBS

    Acronym corresponding to Social Welfare Work (Obra Benéficio Social in Spanish)

  • OECD

    Acronym for Organization for Economic Co-operation and Development (websiteOpens in new window).

  • Official interest rates of the European Central Bank

    The official interest rates of the European Central Bank are the interest rates set and used by that institution within the operational framework established to maintain price stability in the euro area.

    Further information

  • OFI

    See Other Monetary Financial Institutions

  • OM

    Acronym corresponding to Ministerial Order

  • OOAA

    Acronym corresponding to autonomous agencies ('Organismos Autónomos')

  • OPEC

    Acronym for Organization of the Petroleum Exporting Countries. This organization is composed of the following countries: Angola, Saudi Arabia, Algeria, Congo, United Arab Emirates, Gabon, Equatorial Guinea, Iran, Iraq, Kuwait, Libya, Nigeria, and Venezuela.

  • ORS

    See Other resident sectors

  • Other accounts receivable/payable, excluding trade credits

    Financial assets derived from the time lags between the occurrence of distribution operations or financial operations in the secondary market and the corresponding payments.

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  • Other deposits

    Other deposits are deposits other than transferable deposits; they cannot be used to make payments except at maturity or after an agreed notice period, and they are not exchangeable for cash or transferable deposits without significant restriction or penalty.

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  • Other equity

    The category of other equity holdings includes all types of equity holdings except those classified in the subcategories of listed shares and unlisted shares.

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  • Other financial intermediaries

    Institutional subsector of the economy comprised of financial institutions primarily engaged in financial intermediation through the acquisition of liabilities other than cash, deposits, or investment fund shares, and those related to insurance, pension, and standardized guarantee systems. These are primarily non-monetary financial intermediaries that conduct long-term financing activities.

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  • Other investment

    Functional category of the financial account of the Balance of Payments (BoP) and the International Investment Position (IIP) that records, by exclusion, financial assets and liabilities vis-à-vis non-residents not accounted for as direct investment, portfolio investment, financial derivatives, or reserves

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  • Other Monetary Financial Institutions

    Institutional grouping of financial entities whose main activity is to accept deposits or close substitutes, except for the national central bank (Banco de España in the case of the Spanish economy).

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  • Other non-Monetary Financial Institutions

    Sectoral aggregate comprised of those non-monetary financial institutions other than non-monetary investment funds, insurance companies, and pension funds.

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  • Other resident sectors

    "Other resident sectors" is a residual institutional grouping that includes those sectors resident in the economy that are neither “General Government" nor “monetary financial institutions" (in the case of the sectorization scheme used for monetary analysis) or part of the “credit system" (in the case of the sectorization scheme used in supervisory statements)

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  • Other volume changes / other changes in volume

    They are all those changes in the value of an asset or liability that are not the result of transactions or revaluations.

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