Detailed Outline of the BOP Statement and Sub Accounts


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DETAILED OUTLINE OF THE BOP STATEMENT & SUB ACCOUNTS

Balance of Payments is the summary of all the transactions between the residents of one country and rest of the world for a given period of time, usually one year. A BOP statement (revised) includes the following sub accounts, as shown in the table below.

Items

Credits

Debits

Net

  1. Current Account

  1. Merchandise

  1. Private

  1. Government

  1. Invisibles

  1. Travel

  1. Transportation

  1. Insurance

  1. Investment Income

  1. Government (not included elsewhere)

  1. Miscellaneous

  1. Transfer Payments

  1. Official

  1. Private

Total Current Account (1+2+3)

 

 

 

 

  1. Capital Account

  1. Private

  1. Long Term

  1. Short Term

  1. Banking

  1. Official

  1. Loans

  1. Amortisation

  1. Miscellaneous

Total Capital Account (1+2+3)

 

 

 

 

  1. IMF

  1. SDR Allocation

  1. Capital Account, IMF & SDR Allocation (B+C+D)

  1. Total Current Account, Capital Account, IMF & SDR Allocation (A+E)

 

  1. Errors & Omissions

  1. Reserves and Monetary Gold


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