Explore the differences between current and capital accounts and how they affect a nation's net income and asset-liability balance.

The balance of payments is a double-entry accounting system that's based on corresponding debits and credits. Its purpose is to record payments and receipts from the residents of one country with ...

Our eLibrary offers over 25,000 IMF publications in multiple formats. The 2022 Annual Report of the IMF Committee on Balance of Payments Statistics (the Committee) provides an overview of recent ...

The concept of balance-of-payments-constrained economic growth has long served as a vital framework for understanding how external imbalances can limit long-run economic expansion. This approach ...