balance of payments
International transaction ledger
Balance of payments is a country's record of all economic transactions with the rest of the world over a period, typically a year.
It tracks money flowing in and out through trade, investments, and transfers.
A balance of payments deficit means more money left than entered; a surplus means the reverse.
Economists and policymakers watch it as an indicator of economic health and currency stability.
- current accountBank account for regular transactions
- invisiblesThings not visible
- capital flowsMovement of investment money
- hot moneyRapidly moving speculative funds
- tradeExchange of commodities
international trade · sovereign debt · exchange rates · capital account · currency devaluation · currency crisis · external debt · reserve currency · financial stability · remittances · BOP · mercantilism · exports · imports · central bank · reserves · IMF · floating
- financebank, CFO, banks, controller, finance
- global financeinternational banking, financial hubs, central banks, capital flows, exchange rates
- British EconomyBank of England, pound sterling, sterling, GDP, budget deficit
- economic problemsmarket failure, recession, inflation, deflation, stagflation
- International Financeoffshore accounts, foreign investments, currency reserves, foreign currency, exchange rates
- Postwar BritainAttlee, NHS, National Health Service, rationing, ration books
balance, balanced, imbalance, balancing, balances, payments, unbalance, counterbalance, rebalance