A User's Guide to the Bop and Iip: The Transition from Bpm5 to Bpm6

11 Pages Posted: 30 May 2017

See all articles by Francis E. Warnock

Francis E. Warnock

University of Virginia - Darden Business School; National Bureau of Economic Research (NBER)

Abstract

Balance of payments (BOP) accounting conventions, never straightforward, have been complicated recently by the introduction of new standards. This note presents a short description of BOP and international investment position (IIP) data. It refers to data for the United States, Brazil, and South Africa, but given that there are worldwide standards for countries that report BOP and IIP, it should provide guidance for understanding the data of just about any country. It is meant to be a resource that students can refer to time and time again as they gain a deeper understanding of BOP data.

Excerpt

UVA-GEM-0135

Rev. Mar. 6, 2017

A User's Guide to the BOP and IIP:

The Transition from BPM5 to BPM6

This note presents a short description of balance of payments (BOP) and international investment position (IIP) data. It refers to data for the United States, Brazil, and South Africa, but given that there are worldwide standards for countries that report BOP and IIP, it should provide guidance for understanding the data of just about any country.

Individual countries publish their own BOP and IIP data, but the easiest place to find the data is in various International Monetary Fund (IMF) databases available at . The IMF not only brings together BOP and IIP data for more than 100 countries, it also ensures consistency in the presentation of the data.

. . .

Keywords: current account, capital flow

Suggested Citation

Warnock, Francis E., A User's Guide to the Bop and Iip: The Transition from Bpm5 to Bpm6. Darden Case No. UVA-GEM-0135, Available at SSRN: https://ssrn.com/abstract=2974565 or http://dx.doi.org/10.2139/ssrn.2974565

Francis E. Warnock (Contact Author)

University of Virginia - Darden Business School ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-924-6076 (Phone)

HOME PAGE: http://faculty.darden.virginia.edu/warnockf/index.htm

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138-5398

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