Displaying Application Statistics 
Use
Application statistics enable you to analyze resource consumption in more detail than using the
workload statistics.Using special calls within the ABAP code, the system collects statistics for individual parts of an application. Whereas the workload statistics analyze a complete dialog step, application statistics analyze the resources that an individual function consumes within a dialog step (such as price determination). In some cases, the application statistics can replace an SQL trace.

The statistics collected by the application statistics are generally the same as the standard workload statistics (response time and so on).
Prerequisites
To use the application statistics, special function calls must be implemented in the application programs. Application statistics cannot be collected without these calls. In addition, the following profile parameters must be set as indicated:
stat/as_level=1 and stat/as_collect=2. The application statistics collector ( RSSTAT87 ) must be scheduled using table TCOLL . You must also activate the individual components of the application statistics by calling Transaction ST03N and choosing Collector & Perf. Database ® Parameter & Reorg. ® Statistics records ® Application statistics.Procedure

If no application statistics are available for the given instance / time period, the system does not display the icon for the application statistics.
See also:
Workload Monitor