Account | Year | Value |
---|---|---|
Balance on current a/c | 2023 | -905 |
Balance on goods and services | 2023 | -785 |
Balance on goods | 2023 | -1063 |
Balance on services | 2023 | 278 |
Balance on primary income (1) | 2023 | 67 |
Balance on secondary income (2) | 2023 | -188 |
Balance on capital a/c (3) | 2023 | -6 |
Net borrowing (-) from current a/c and capital a/c transactions (4) | 2023 | -912 |
Net borrowing (-) from financial a/c transactions (5) | 2023 | -924 |
FDI inflow | 2023 | 149 |
Statistical Discrepancy | 2023 | -12 |
Notes:
1. Primary income includes investment income (dividends,
interest)
2. Secondary income includes private and government
transfers (labor remittances, foreign aid)
3. The “capital account”
shown here is very different from KA (the standard capital account) and
happens to be relatively insignificant
4. Net borrowing can be
thought of as KA (negative number indicates capital inflow and KA
surplus)
5. The difference between the two Net borrowings is SD
NOTES
Data on international transactions is from BEA/International Data https://www.bea.gov/itable/international-transactions-services-and-investment-position
Data on Direct Investment & Multinational Enterprises (MNEs)
from https://www.bea.gov/itable/direct-investment-multinational-enterprises
flex-BEA-intl-accounts.Rmd