Balance of payments

Economics.

(BOP).

A financial statement prepared for a country summarising the flow of goods, services and funds, inwards and outwards, between the residents of that country and the residents of the rest of the world during a particular period.

See also

• Balance
• Capital account
• Exchange controls
• Financial statements
• Gross domestic product
• Invisibles balance
• Onshore
• Protectionism
• Visibles balance