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Country foreign exchange reserves minus external debt. In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.
The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. According to World Bank, ″the current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.″. Data are based on the sixth edition of the IMF 's Balance of Payments ...
The current account is an important indicator of an economy's speed. It is defined as the sum of the balance of trade (goods and services exports minus imports), net income from abroad, and net current transfers. A positive current account balance indicates the nation is a net lender to the rest of the world, while a negative current account ...
The accounts also include property income recorded as both resources for receipts and uses for payments. The balance of this account is the gross balance of primary income for each sector. If the gross balance of primary income is aggregated across all sectors of the UK economy, the result is gross national income.
The UN World Bank cites the IMF as the source for their data on Current Account Balance, and so is not included separately on this page. The second list includes only countries for which the CIA World Factbook lists 2015 estimates for both Current Account Balance and GDP.
The UK's exports of financial and business services make a significant positive contribution towards the country's balance of payments. Paternoster Square , home of the London Stock Exchange London is a major centre for international business and commerce and is one of the three "command centres" of the global economy (alongside New York City ...
Capital account. In macroeconomics and international finance, the capital account, also known as the capital and financial account, records the net flow of investment into an economy. It is one of the two primary components of the balance of payments, the other being the current account. Whereas the current account reflects a nation's net ...
Advisories. Owner. European Union. Website. www .cmfb .org -->. Committee on Monetary, Financial and Balance of Payments Statistics ( CMFB) is an advisory committee for the European Commission ( Eurostat) and European Central Bank for cooperation between the statistical and central banking community in the Europe Union.