Balance of Payments BPM6
< < >-< OECD.Stat
Open all groups and itemsClose all groups and itemsSend link via emailPrintOpen in stand alone windowClose this window
Click to expand Source
Click to collapse Source
Click to expand Contact person
Click to collapse Contact person
Click to expand Data Characteristics
Click to collapse Data Characteristics
Click to expand Unit of measure used
Click to collapse Unit of measure used
All series: Millions of US dollars or Millions of National Currency.
Click to expand Date last updated
Click to collapse Date last updated
24/11/2017 02:40:42
Click to expand Population & Scope
Click to collapse Population & Scope
Click to expand Statistical population
Click to collapse Statistical population
OECD countries will be published in this dataset as they move to the BPM6 standard. Please refer to Balance of Payments (MEI) dataset for Balance of Payments Statistics according to BPM5.
Click to expand Concepts & Classifications
Click to collapse Concepts & Classifications
Click to expand Key statistical concept
Click to collapse Key statistical concept
The balance of payments is a statistical statement that provides a systematic summary of economic transactions of an economy with the rest of the world, for a specific time period. The transactions are for the most part between residents and non-residents of the economy. A transaction is defined as an economic flow that reflects the creation, transformation, exchange, transfer, or extinction of economic value and involves changes in ownership, of goods or assets, the provision of services, labour or capital.

This dataset presents countries compiling balance of payments statistics in accordance with the 6th edition of the Balance of Payments and International Investment Position Manual published by the IMF (BPM6). Transactions include: the goods and services accounts, the primary income account (income account in BPM5), the secondary income account (transfers in BPM5), the capital account, and the financial account.
Changes in BPM6 compared to BPM5 are often a consequence of a stricter application of the change of ownership principle in particular in the goods and services accounts. They relate to transactions on goods and services (merchanting, goods for processing, Insurance), income (investment income), and financial operations (direct investment) .
Click to expand Other Aspects
Click to collapse Other Aspects
Click to expand Recommended uses and limitations
Click to collapse Recommended uses and limitations
All OECD countries, with the exception of Mexico, produce balance of payments according to BPM6. This will improve comparability across-countries.
As such the main purpose of this dataset is to provide relevant, reliable, consistent, comparable and timely aggregate BOP statistics for OECD member countries, key partner countries and some area totals for analytical purposes. Nevertheless one should pay attention to specific footnotes that point out any deviation from the standard definitions (see « i » attached to series).

In the financial account, for net value, a positive sign indicates a net flow from the domestic economy to the rest of the world (a lending to the rest of the world) and a negative sign, a net flow from the rest of the world to the domestic economy (i.e. a net borrowing from the rest of the world) .At the level of the sub items (investment abroad investment in the reporting economy etc.), a positive sign indicates an increase of the sub item under consideration and a negative sign a decrease. These conventions are imposed by the BPM6.
Balance of Payments BPM6Unit of measure used
All series: Millions of US dollars or Millions of National Currency.
Date last updated
24/11/2017 02:40:42
Contact person
OECD statistics contact: stat.contact@oecd.org

http://www.oecd.org/std
Statistical population
OECD countries will be published in this dataset as they move to the BPM6 standard. Please refer to Balance of Payments (MEI) dataset for Balance of Payments Statistics according to BPM5.
Key statistical concept
The balance of payments is a statistical statement that provides a systematic summary of economic transactions of an economy with the rest of the world, for a specific time period. The transactions are for the most part between residents and non-residents of the economy. A transaction is defined as an economic flow that reflects the creation, transformation, exchange, transfer, or extinction of economic value and involves changes in ownership, of goods or assets, the provision of services, labour or capital.

This dataset presents countries compiling balance of payments statistics in accordance with the 6th edition of the Balance of Payments and International Investment Position Manual published by the IMF (BPM6). Transactions include: the goods and services accounts, the primary income account (income account in BPM5), the secondary income account (transfers in BPM5), the capital account, and the financial account.
Changes in BPM6 compared to BPM5 are often a consequence of a stricter application of the change of ownership principle in particular in the goods and services accounts. They relate to transactions on goods and services (merchanting, goods for processing, Insurance), income (investment income), and financial operations (direct investment) .
Recommended uses and limitations
All OECD countries, with the exception of Mexico, produce balance of payments according to BPM6. This will improve comparability across-countries.
As such the main purpose of this dataset is to provide relevant, reliable, consistent, comparable and timely aggregate BOP statistics for OECD member countries, key partner countries and some area totals for analytical purposes. Nevertheless one should pay attention to specific footnotes that point out any deviation from the standard definitions (see « i » attached to series).

In the financial account, for net value, a positive sign indicates a net flow from the domestic economy to the rest of the world (a lending to the rest of the world) and a negative sign, a net flow from the rest of the world to the domestic economy (i.e. a net borrowing from the rest of the world) .At the level of the sub items (investment abroad investment in the reporting economy etc.), a positive sign indicates an increase of the sub item under consideration and a negative sign a decrease. These conventions are imposed by the BPM6.