Compilation of Balance of Payments Statistics



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.