Balance of payment image

The Balance of Payment (BOP)

The Balance of Payment (BOP)

 

The Balance of Payment (BOP)

Accounting Systems (U.S.BOP,1993 (in billions of dollars)

Current Account
Goods
Exports +$ 456.9
Imports -$ 589.4
Balance of Merchandise Trade -$ 132.6
Services
Exports + $ 184.8
Imports -$  128.0
Balance of Service Trade + $   56.8
Investment income
Received + $ 113.9
Paid -$  109.9
Balance on Investment Income + $ 4.00
Unilateral Transfer(Net)( – means outward gifts greater than inword) -$ 32.1
Balance of Current Account -$ 103.9
Capital Account
Portfolio, Short-Term(Net Inflow) + S 78.7
Portfolio, Long-Term(Net Inflow)
New Foreign Investment in U.S + S 162.0
New Foreign Investment Abroad -$  120.00
Foreign Direct Investment
New Foreign Direct Investment in U.S + S 21.4
New U.S Direct Foreign Investment Abroad -$ 57.9
Balance on Capital Account + $ 84.2
Official Reserves Account -$ 1.4
Errors and Omissions + $ 21.1
Net Balance 0