March 18, 2010, 00:56 CET
External Sector
Balance of payments
The German balance of payments is a statistical statement that summarises, for a specific time period, all economic transactions between German residents and residents of foreign countries. Data are seasonally adjusted in order to eliminate seasonal effects from the developments of the current account (current account transactions).
External status
The external position of banks shows the assets and liabilities of the banks
in Germany and their foreign branches and subsidiaries vis-à-vis non-residents.
The external position of enterprises records the corresponding positions of
enterprises (in contrast to the external position of banks without
securities claims).
External position
The external position shows the Bundesbank’s assets and liabilities vis-à-vis non-residents. Germany’s foreign reserve assets, which are shown separately, are given special attention.
International investment position
The international investment position shows the value and the composition of Germany’s assets and liabilities vis-à-vis non-residents at a given point in time.
Foreign direct investment stocks
The survey on foreign direct investment (stock data) provides information on international capital links of domestic investors with enterprises abroad and of foreign investors with enterprises in Germany at yearends.
Price indicators
The indicators of price competitiveness of the German economy are designed to measure price developments in Germany in relation to those of foreign competitors, taking exchange rate changes into account.
