Difference between revisions of "Balance Of Payments Account"
From Open Risk Manual
Wiki admin (talk | contribs) (Created blank page) |
Wiki admin (talk | contribs) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
| + | == Definition == | ||
| + | '''Balance Of Payments Account''' is the difference between all money flowing into a region in a particular period of time and the outflow of money to the rest of the world. | ||
| + | The balance of payments has been an integral part of the UN system of national accounts since the 1950s.<ref>United Nations, System of National Accounts, 2008</ref> | ||
| + | |||
| + | == Usage == | ||
| + | In the [[Use Table]], transactions are recorded at [[Purchaser Prices]]. In the [[Supply Table]], domestic production is recorded at [[Basic Prices]] and imports by type of product at cost, insurance and freight (CIF) prices. In the [[System of National Accounts]] and the balance of payments, total imports of goods are valued at free on board (FOB) prices. | ||
| + | |||
| + | == See Also == | ||
| + | * [[Social Accounting Matrix]] | ||
| + | |||
| + | == References == | ||
| + | <references/> | ||
| + | |||
| + | [[Category:EEIO]] | ||
Latest revision as of 15:51, 16 November 2023
Contents
Definition
Balance Of Payments Account is the difference between all money flowing into a region in a particular period of time and the outflow of money to the rest of the world.
The balance of payments has been an integral part of the UN system of national accounts since the 1950s.[1]
Usage
In the Use Table, transactions are recorded at Purchaser Prices. In the Supply Table, domestic production is recorded at Basic Prices and imports by type of product at cost, insurance and freight (CIF) prices. In the System of National Accounts and the balance of payments, total imports of goods are valued at free on board (FOB) prices.
See Also
References
- ↑ United Nations, System of National Accounts, 2008
