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Difference BoP - Foreign Trade...

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Difference BoP - Foreign Trade...


Differences between Balance of Payments and Foreign Trade Statistics

Balance of Payments (BOP) and Foreign Trade statistics (FTS), both provide data for the external trade in goods of a given country; the two data sets generally do not show the same figures. The two data sources have very different detail and serve different users’ needs. Different methodologies are the main reason for the differences between the two data sets. This paper provides a summary of the main methodological differences between the two data sets and describes all the adjustments that have to be made by BOP compilers to go from FTS to BOP data. The results of a recent survey of the main adjustment practices in EU member states and candidate countries are also provided.

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KS-DB-04-001-EN.pdf KS-DB-04-001-EN.pdf (288.95 KB, 11,311 views)

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Last Modified:Monday, March 28, 2011
Last Modified By: Editor NK
Type: INFO
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