Compilation of Balance of Payment Statistics (BPSCG)

related image
Deadline for the application has passed.
Course No.: HQ 17.02
Location: Washington, D.C., United States
Date: May 8, 2017-May 19, 2017 (2 Weeks)
Language: English

Target Audience:

Officials whose main responsibility is compiling balance of payments and/or international investment position statistics. Participants should be familiar with the methodology of the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6).


Participants should have a degree in economics, statistics, or equivalent experience.

Course Description:

This course, presented by the IMF's Statistics Department, provides practical advice on the compilation and dissemination of balance of payments and international investment position statistics based on the 2014 BPM6 Compilation Guide. The Compilation Guide is a companion document of the BPM6. The purpose of the course is to show how the conceptual framework described in BPM6 may be implemented in practice. The course consists of a series of discussions on the various compilation methods for the preparation of the international accounts. Lectures and class discussions focus on compilation practices, including data sources that can be used to compile the international accounts, as well as complex methodological and compilation issues related to specific components and other issues that cut across several accounts. Participants will have the opportunity to discuss problems encountered in their work in compiling the international accounts statistics in their countries.

Course Objectives:
Upon completion of this course, participants should be able to:
  • Improve their knowledge on compilation and dissemination of balance of payments and international investment position data according to the techniques provided in the Compilation Guide to implement BPM6.
  • Identify potential new data sources to be used to improve the compilation of balance of payments and international investment position statistics.
  • Discuss appropriate statistical techniques to deal with complex methodological and compilation issues.
  • Extract lessons from the experiences of other compilers.
  • Discuss the analytical use of balance of payments and international investment position statistics.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.