Professional Documents
Culture Documents
pa yments trends
Presented by:
Harsh Jain, M. Deepak,
Ashok Jaiswal
Balance of payments
• A balance of payment account is a statement of double
entry system of record of all economic
transactions( involving foreign payments) between
residents of a country and the rest of the world carried
out in specific period of time.
• Accounting framework and statistical record of all the
economic and Financial flows that take place over a
specified time period between residents of the reporting
country and rest of the world.
•
Purpose of balance of payments
§ It provides data for economic
analysis.
merchandi -9049 -11359 -14815 -15507 -13246 -17841 -12460 -11574 -10690 -13718 -33702 -51904 -63171 -42401
se
invisible 5680 5449 10196 10007 9208 13143 9794 14974 17035 27801 31232 42002 53405 31688
net
current -3369 -5910 -4619 -5500 -4038 -4698 -2666 3400 6345 14083 -2470 -9902 -9766 -10713
account
in us$ million
Current account
Capital account
§ Capital transfers related to purchase and sale of fixed
assets such as real estate.
§ It relates to :
Borrowing
Capital repayment
Sale of assets
Change in stock of gold
Change in reserve for foreign currency
Capital account
year 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 2002-2003 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008
capital 8013 2974 10437 9393 7867 10840 8409 8357 10640 17338 28629 24954 14594 17538
account
in us$ million
Capital account of India
Thank you