Difference between the inflow and outflow of money to a country at a given time
Not to be confused with Balance of trade.
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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international economics, the balanceofpayments (also known as balanceof international payments and abbreviated BOP or BoP) of a country is the difference...
part of the balanceofpayments and displays the flows of goods, services, primary income, and secondary income between residents and nonresidents of an...
the concept of net foreign assets relates to balanceofpayments identity. The net foreign asset (NFA) position of a country is the value of its net claims...
chronic balanceofpayments deficits, and thus is also called a balanceofpayments crisis. Often such a crisis culminates in a devaluation of the currency...
The BalanceofPayments Manual published by the International Monetary Fund provides accounting standards for balanceofpayments reporting and analysis...
Balanceof trade can be measured in terms of commercial balance, or net exports. Balanceof trade is the difference between the monetary value of a nation's...
monitor exchange rates and lend reserve currencies to nations with balanceofpayments deficits. Preparing to rebuild the international economic system...
and Who Gets? Explore the BalanceofPayments between States and the Federal Government". The Nelson A. Rockefeller Institute of Government. Retrieved December...
they experience balanceofpayments problems. The IMF works to stabilize and foster the economies of its member countries by its use of the fund, as well...
reflected in fundamental imbalances in the balanceofpayments on the current account, as some goals require an outflow of dollars from the United States, while...
British economy, during which Callaghan had to tackle both a chronic balanceofpayments deficit and various speculative attacks on the pound sterling, with...
budget balance can be broken down into the primary balance and interest payments on accumulated government debt; the two together give the budget balance. Furthermore...
deficits for more than 50 years. One single factor that undermines balanceofpayments is Australia's narrow export base. [citation needed][needs update]...
exchange rate eliminating inflation Balanceofpayments: When a country has a large international balanceofpayments deficit or trade deficit, it means...
dirigism, in the form of the Licence Raj. The end of the Cold War and an acute balanceofpayments crisis in 1991 led to the adoption of a broad economic liberalisation...
authority that are primarily available to balancepaymentsof the country, influence the foreign exchange rate of its currency, and to maintain confidence...
economic crisis was an economic crisis in India resulting from a balanceofpayments deficit due to excess reliance on imports and other external factors...
percent of Sudan's total imports in 1999, as demand for imported refined products ended. An accurate presentation of Sudan's balanceofpayments—the summary...
overall balanceofpayments. The visible balance is affected by changes in the volumes of imports and exports, and also by changes in the terms of trade...
little industry. All of these factors contribute to its heavy dependence on foreign assistance to help support its balanceofpayments and to finance development...
its currency. Most government payments are executed through electronic funds transfer. Electronic funds transfer at point of sale was introduced in 2020...
combination of timesheet based charges and equipment rental charges. Statement - A periodic customer statement includes opening balance, invoices, payments, credit...