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Sample of Balance of Payments Account Credits (Inflows) Debits (Outflows) Net Balance Current Account - Goods and Services $32,352 $16,000 $16,352 - Goods $29,760 $14,747
Sample of Balance of Payments | |||
Account | Credits (Inflows) | Debits (Outflows) | Net Balance |
Current Account | |||
- Goods and Services | $32,352 | $16,000 | $16,352 |
- Goods | $29,760 | $14,747 | $15,013 |
- Services | $2,592 | $1,253 | $1,339 |
- Primary Income | $25,357 | $16,467 | $8,890 |
- Secondary Income | $3,249 | $115 | $3,134 |
Capital and Financial Account | |||
- Capital Account | -$150 | -$150 | $0 |
- Acquisitions/Disposals of Non-Produced Non-Financial Assets | $0 | $20 | -$20 |
- Capital Transfers | $0 | $130 | -$130 |
Financial Account | |||
- Direct Investment | $27,721 | $1,553 | $26,168 |
- Assets (Direct Investment) | $1,553 | $0 | $1,553 |
- Liabilities (Direct Investment) | $26,168 | $1,553 | $24,615 |
- Portfolio Investment | $574 | $50,751 | -$50,177 |
- Assets (Portfolio Investment) | -$50,751 | $0 | -$50,751 |
- Liabilities (Portfolio Investment) | $51,325 | $50,751 | $574 |
- Financial Derivatives | $151,988 | $35,891 | $116,097 |
- Assets (Financial Derivatives) | $35,891 | $0 | $35,891 |
- Liabilities (Financial Derivatives) | $151,988 | $35,891 | $116,097 |
- Other Investment | $12,450 | $2,225 | $10,225 |
- Assets (Other Investment) | $2,225 | $0 | $2,225 |
- Liabilities (Other Investment) | $12,450 | $2,225 | $10,225 |
- Reserve Assets | $242 | $0 | $242 |
Net Errors and Omissions | |||
Overall Balance of Payments | $77,053 | $53,603 | $23,450 |
Interpret each component of the balance of payments that you constructed in the spreadsheet above in great detail.
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