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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 current balance in 2013 as a percentage of GDP was 1.6%. Germany for 2013 was 238.61, and 2014 was 285.82 with each quarter between 2013 Q1 through 2015 Q2 ranging from a low of 54.13 in Q3 2013 to a high of 68.89 in Q1 2014. Germany's current account balance in Q2 2015 was up to 68.39. The current balance in Q2 as a percentage of GDP was 8.2%.
The Balance of Payments Manual published by the International Monetary Fund provides accounting standards for balance of payments reporting and analysis for many countries. . The United States Bureau of Economic Analysis adheres to this stand
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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 income , the capital account reflects net change in ownership of national assets .
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3. Update your account balance regularly. In your check registry, always determine your available balance. This way, you’ll know what you have left to spend before going to the store, initiating ...