Balance of Payments

The balance of payments (BOP) is a statement of all transactions made between entities in one country and the rest of the world over a defined period of time, such as a quarter or a year. These transactions are made by individuals, firms and government bodies and record the value of the country's transactions in goods, services, primary and secondary income. Balance Of payments also records changes in a country's financial claims on assets, and liabilities to the rest of the world.

Balance of payments provides detailed information concerning the demand and supply of a country's currency.

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News & Publications

Regional classification of occupations and jobs common in Pacific Island countries and territories just released

June 15, 2016
SDD has released the Pacific Standard Classification of Occupations 2016 (PACSCO 2016).

18th Oceania Customs Organisation (OCO) Annual Conference

June 11, 2016
The 18th OCO Annual Conference was held in Funafuti, Tuvalu from 1 to 3 June 2016.