Statistical yearbook of Lithuania (edition 2019)
Balance of payments
Data provided by the Bank of Lithuania
Source: Bank of Lithuania https://www.lb.lt/en/lb-statistics
Balance of payments is a statistical statement that systematically summarises, for a specific time period, the economic transactions of an economy with the rest of the world (transactions between residents and non‑residents). A transaction itself is defined as an economic flow that reflects the creation, transformation, exchange, transfer or extinction of economic value.
Credit and debit records in the current and capital accounts are shown with positive signs, except for those cases when the transaction has a negative value, for example, reinvested loss. In the financial account, positive figures signify a growth in assets or liabilities, negative figures – a decline in them. Balancing indicators such as current account balance or net lending (net borrowing) will always be treated as a difference between credit and debit or assets (net acquisition of financial assets) and liabilities (net incurrence of liabilities).
Balance of payments (quarterly)
Source: Bank of Lithuania https://www.lb.lt/en/balance-of-payments-quarterly
International investment position is a statistical statement that shows at a point in time the value of financial assets of residents and the liabilities to non-residents. The net international investment position (the stock of external financial assets minus the stock of external liabilities) shows the net lender/borrower status of an economy, and with non-financial assets included – the net worth of economy.
International investment position (quarterly)
Source: Bank of Lithuania https://www.lb.lt/en/international-investment-position-2
For further terms, see the Dictionary of Statistical Terms.