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Macroeconomics

English-language economic definitions generated from approved international institutional sources.

balance of payments (b.o.p.)

25. August 2026

Balance of payments statistics show how an economy interacts financially with non-residents during a given period, covering relevant international receipts, payments and other transactions. They support assessment of external-sector developments, economic policymaking and comparisons across countries. Their compilation and presentation follow the internationally harmonised framework set out in the IMF's Balance of Payments and International… read more »

Balance of Payments and International Investment Position Manual (BPM6)

25. August 2026

BPM6 establishes internationally harmonized rules for measuring an economy’s external accounts. It covers cross-border flows, such as trade and financial transactions, as well as the foreign assets and liabilities recorded in the international investment position. Governments and central banks use these rules to produce comparable indicators of an economy’s external financial conditions.

capital accounts

25. August 2026

Capital accounts are a component of national or regional accounts that shows how an economy’s net worth changes through capital-related transactions. They connect net saving with net capital transfers and the net acquisition of non-financial assets, thereby indicating how available resources are used to build or acquire productive and other non-financial wealth. The account provides… read more »

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