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Balance of payments

The German balance of payments is a detailed statistical statement that summarises the economic transactions conducted between residents and non-residents over a given period. In addition, it constitutes an important part of the consolidated balances of payments of the euro area and the European Union.

Publication details

The Deutsche Bundesbank produces the monthly balance of payments for the Federal Republic of Germany and publishes the results in the Statistical Supplement 3 "Balance of payments statistics".

Methodological notes

In the balance of payments, the economic transactions of an economy are systematically aggregated with the rest of the world for a certain period of time. T

Data sources

The collection of the data required to compile the balance of payments does not follow a standardised procedure, but instead is organised pragmatically in Germany as a modular system.

Additional information

Note: Revisions to Statistical Supplement 3 "Balance of payments statistics", September 2017

Special revisions regarding the quarterly international investment position and the balance of payments statistics were carried out which incorporate new data from secondary sources. These are generally BIS data on deposits of German non-banks at banks abroad and data on German external liabilities arising from euro banknote issuance.