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Title

The balance of payments records all economic transactions between resident and non-resident entities during a given period. This article presents data on the current and financial accounts of the balance of payments for the European Union (EU) and its Member States. Data are presented in regard to the compilation standard of the IMF’s sixth balance of payments manual (BPM6).

The balance of the current and capital accounts determines the exposure of an economy to the rest of the world , whereas the financial account explains how it is financed. Ideally, the balance of the current and capital accounts should equal the total net of the financial account, otherwise net errors and omissions were recorded. Articles on foreign direct investment (in chapter 4) provide more information on one component of the financial account, while an article on international trade in services focuses on one component of the current account.

Table, Figure or Map X: Full title of the Table, Figure or Map
Source: Eurostat (educ_ilang)

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Publications

Methodology

Legislation

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External links

See also

• Name of related Statistics Explained articles or online publication

Main tables

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Title(s) of second level folder (if any)

Title(s) of third level folder (if any)

Database

• Title of top Database folder, see:

Title(s) of second level folder (if any)

Title(s) of third level folder (if any)

Dedicated section

• Name of dedicated section

Publications

• Title of the publication

Publications in Statistics Explained (either online publications or Statistical articles) should be in 'See also' above

Methodology

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Legislation

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• See example of what should be issued hereafter
• Regulation (EU) No 1013/2016

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[[Category:<Subtheme category name(s)>|Name of the statistical article]] [[Category:<Statistical article>|Name of the statistical article]]