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.
The Deutsche Bundesbank produces the monthly balance of payments for the Federal Republic of Germany and publishes the results in a press release. A more detailed technical and regional breakdown is presented in the Statistical Supplement 3 "Balance of payments statistics" around 5-6 weeks after the end of the reporting month. The actual publication date for the monthly balance of payments is determined by the latest deadline for publication and is announced in the release schedule no later than Friday of the previous week.
When the balance of payments data of the reporting month are published, the corresponding data for the previous month are revised. Annual revisions for the previous reporting year and the three preceding years are made in the March Monthly Report. In the context of these retrospective monthly and annual revisions, particular consideration is given to late and correction reports, as well as to more recent information from secondary sources and preliminary estimates are either revised or replaced. Methodological adjustments, including those for earlier periods, are carried out at this point.
General information about publication dates and the revision policy as well as further Deutsche Bundesbank articles relating to balance of payments can be found in the right hand column under Publications.
The balance of payment statistics are published in the following formats:
- Time series database
- Press release
- Monthly Report
- Statistical Supplement 3 – Balance of payments statistics
- Special statistical publications
As part of the initiative pursued by international organisations to exchange data between institutions (Statistical Data and Metadata Exchange; SDMX), a global data structure definition (Data Structure Definition for Balance of Payments) has been introduced. Deutsche Bundesbank time series on the balance of payments and the international investment position will be published using the aforementioned harmonised time series keys SDMX.