Go to Statistics Portal

BALANCE OF PAYMENTS, FINANCIAL ACCOUNT

Statistics Directorate    
Definition:
The financial account is one of the two major components under the financial and capital account. The major components of the financial account are:
- direct investment
- portfolio investment
- other investment
- reserve assets

The financial account records an economy’s transaction in external financial assets and liabilities. The major classifications in the financial account are:

- Functional type of investment (direct investment, portfolio investment, other investment, and reserve assets);
- Assets (residents’ financial claims on non resident) and liabilities non resident financial claims on resident);
- Instrument of investment (e.g. equity, debt);
- Sector of the domestic transactor (general government, monetary authorities, banks and other sectors).

Source Publication:
BPM paras. 176-180.

Cross References:
Balance of payments, capital account
Balance of payments, capital and financial accounts - BPM

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 Tuesday, March 26, 2013