- International Monetary Fund. Statistics Dept.
- Published Date:
- February 2017
IMF COMMITTEE ON BALANCE OF PAYMENTS STATISTICS 2016 ANNUAL REPORT
February 15, 2017
The 2016 Annual Report of the IMF Committee on Balance of Payments Statistics (Committee) provides an overview of recent trends in global balance of payments and international investment position (IIP) statistics, summarizes the Committee’s work during 2016, and presents the work program of the Committee in the coming year.
During 2016, the IMF Statistics Department (STA), in consultation with the Committee, continued work in designing a strategy for countries with low statistical capacity for enhancing their external sector statistics (ESS) and in implementing the sixth edition of the Balance of Payments and International Investment Position Manual. On the availability of ESS for surveillance and analytical purposes, significant steps included an examination of the feasibility of implementing new enhancements to the IIP, as well as of increasing the frequency of the Coordinated Portfolio Investment Survey to quarterly. STA continued providing guidance on emerging conceptual and methodological issues.
In 2017, the top priorities of the Committee’s work program will be the provision of methodological guidance on emerging issues with a focus on topics identified in its research agenda; the implementation of a strategy to compile ESS in countries with low statistical capacity; advancing work on IIP enhancements to strengthen the balance sheet approach; and closing data gaps in particular through the coverage of special purpose entities in ESS.
The full set of papers presented at the Committee’s 2016 meeting is available at http://www.imf.org/external/pubs/ft/bop/2016/29.htm.
Louis Marc Ducharme
Prepared by Carlos Sánchez-Muñoz, Paul Austin, Alicia Hierro, and Tamara Razin of Statistics Department