+48 459 89 251
40 792
+168 636 130 551
+38 085
UK balance of payments: 1996 (£ millions)
CAPITAL ACCOUNT (Transactions in UK external assets and liabilities)
5. Short-term capital flows a) Net deposits in UK from abroad and borrowing from abroad by UK residents b) Net deposits abroad by UK residents and UK lending to overseas residents Short-term capital balance
+38 085 +509
2 1 9 8
UK balance of payments: 1996 (£ millions)
TOTAL CURRENT + CAPITAL ACCOUNTS Total current account Total capital account Total current + capital accounts
6. Reserves (drawing on + adding to )
Net transactions in external assets and liabilities (capital account balance)
+48 45168 636 130 551
2. Trade in services a) Exports b) Imports Balance on trade in services
Balance on trade in goods and services
3. Other income flows Investment income balance Transfers balance
1. Trade in goods a) Exports b) Imports Balance on trade in goods
2. Trade in services a) Exports b) Imports Balance on trade in services
Balance on trade in goods and services
CURRENT ACCOUNT
1. Trade in goods a) Exports b) Imports Balance on trade in goods
+166 340
178 938 12 598
UK balance of payments: 1996 (£ millions)
CURRENT ACCOUNT
Balance of payments and exchange rates
Balance of payments and exchange rates
The balance of payments account
(example of UK balance of payments)
UK balance of payments: 1996 (£ millions)
4. Long-term capital transactions a) Net investment in UK from abroad b) Net UK investment abroad Long-term capital balance
5. Short-term capital flows a) Net deposits in UK from abroad and borrowing from abroad by UK residents b) Net deposits abroad by UK residents and UK lending to overseas residents Short-term capital balance
4. Long-term capital transactions a) Net investment in UK from abroad b) Net UK investment abroad Long-term capital balance
+48 459 89 251
40 792
UK balance of payments: 1996 (£ millions)
Current account balance
+166 340
178 938 12 598
+50 807
43 665 +7 142
5 456
+9 652 4 631
435
UK balance of payments: 1996 (£ millions)
CAPITAL ACCOUNT (Transactions in UK external assets and liabilities)
+166 340
178 938 12 598
+50 807
43 665 +7 142
5 456
UK balance of payments: 1996 (£ millions)
CURRENT ACCOUNT
1. Trade in goods a) Exports b) Imports Balance on trade in goods
7. Balancing item Overall balance of payments
435 2 198 2 633 +2 633
CAPITAL ACCOUNT (Transactions in UK external assets and liabilities)
4. Long-term capital transactions a) Net investment in UK from abroad b) Net UK investment abroad Long-term capital balance