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Balance of payments information


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. In other words, it is economic transactions between countries during a period of time. These financial transactions are made by individuals, firms and government bodies to compare receipts and payments arising out of trade of goods and services.

The balance of payments consists of three components: the current account, the capital account and financial account. The current account reflects a country's net income, while the capital account reflects the net change in ownership of national assets.

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percent of Sudan's total imports in 1999, as demand for imported refined products ended. An accurate presentation of Sudan's balance of payments—the summary...

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Visible balance

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