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BALANCE OF PAYMENTS, CAPITAL ACCOUNT

Statistics Directorate    
Definition:
The major components of the capital account are:

- capital transfers, and
- acquisition/disposal of non-produced, non- financial assets.

Capital transfers consist of those involving transfers of ownership of fixed assets; transfers of funds linked to, or conditional upon, acquisition or disposal of fixed assets; or cancellation, without any counterparts being received in return, of liabilities by creditors. This item does not cover land in a specific economic territory.

Capital transfers include two components: (i) general government, subdivided into debt forgiveness and other, and (ii) other, subdivided into migrants' transfers, debt forgiveness, and other transfers.

Source Publication:
BPM, para. 175.

Cross References:
Balance of payments, capital and financial accounts

Hyperlink:
http://www.imf.org/external/np/sta/bop/BOPman.pdf

Statistical Theme: Financial statistics - Balance of payments

Created on Tuesday, September 25, 2001

Last updated on Wednesday, November 07, 2001