TABLE 1. BALANCE OF PAYMENTS (billions of $)
| Debits (Payments) | Credits (Receipts) |
Balance |
| CURRENT ACCOUNT | | | |
| Goods (Merchandise) | 200 |
140 | -60 |
| Services Excluding Capital Services |
30 |
50 | 20 |
| (tourism, shipping, insurance, etc.) | |
| |
| Gifts and Transfers | 10 |
5 | -5 |
| _______________ | _______________ |
_______________ |
| Trade Account Balance | 240 |
195 | -45 |
| Interest and Dividends | 30 |
10 | -20 |
| _______________ | _______________ |
_______________ |
| Debt Service Balance | 30 |
10 | -20 |
| _______________ | _______________ |
_______________ |
| Balance on Current Account | 270 |
205 | -65 |
| CAPITAL ACCOUNT | | | |
| Purchases of Assets from Foreign Residents | 20 |
| -20 |
| Sales of Assets to Foreign Residents |
| 85 | 85 |
| _______________ | _______________ |
_______________ |
| Balance on Capital Account | 20 |
85 | 65 |
| _______________ | _______________ |
_______________ |
| BALANCE | 290 |
290 | 0 |