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Statistics glossary

b.o.p.

See balance of payments (b.o.p.)

balance of payments (b.o.p.)

A statistical system through which economic transactions occurring during specific time periods between an economy and the rest of the world can be summarised in a systematic way. The IMF’s Balance of Payments and International Investment Position Manual (BPM6) provides conceptual guidelines for compiling balance of payments statistics according to international standards. See also capital account (in a b.o.p. context), current account (in a b.o.p. context), financial account (in a b.o.p. context)

Balance of Payments and International Investment Position Manual (BPM6)

The sixth edition of the IMF’s standard framework for statistics on the transactions and positions between an economy and the rest of the world.

BPM6

See Balance of Payments and International Investment Position Manual (BPM6)