Published: 07.08.2015

In order to ensure that the sign convention for the balance of payments and the international investment position complies with the requirements of the Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6), as from 3 September 2015 the meaning of the positive (+) and negative (–) signs used with respect to data are as follows.

Credit (exports) and debit (imports) transactions on the current account or capital account are recorded with a positive sign (+), whereas net components ("Current account", "Goods", "Services", "Primary Income", "Secondary Income" and "Capital Account") are calculated by subtracting debit (imports) from credit (exports).

The positive (+) and negative (–) signs are used with respect to the financial account data as follows. An increase in assets (claims) and liabilities is recorded with a positive sign (+), while a respective decrease is indicated with a negative sign (–). Net components ("Financial Account", "Direct Investment", "Portfolio Investment", "Financial Derivatives" and "Other Investment") are calculated by subtracting liabilities from assets. "Direct Investment Abroad" is calculated by subtracting liabilities from claims, while "Direct Investment in Latvia" is calculated by subtracting claims from liabilities.

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