MLchartDataset catalogue

Base year

Term · Economic statistics · MLC-T-ECS-000148

Year used as a reference for comparison with another year.

Note: For example, 2016 is the base year for the 2016-26 employment projections. Employment in the base year is actual 2016 data, whereas employment in the target, or projection, year is projected.

Table 1. Record
IdentifierMLC-T-ECS-000148
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-000148",
  "term": "Base year",
  "field": "Economic statistics",
  "definition": "Year used as a reference for comparison with another year.\n\nNote: For example, 2016 is the base year for the 2016-26 employment projections. Employment in the base year is actual 2016 data, whereas employment in the target, or projection, year is projected.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/base-year/"
}

Record 148 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.