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Balance of payments

The balance of payments records all economic transactions between residents and non-residents within a given time period and thus shows a country’s complex external trade links with the rest of the world.

Publication details

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.

Additional information

Note: Revisions to Statistical Supplement 3 "Balance of payments statistics", June 2018

As part of the regular revisions to the quarterly international investment position, new data from secondary sources have been included which have led to revisions to the balance of payments statistics. These are in particular BIS data on deposits of German non-banks at banks abroad and data on German external liabilities arising from euro banknote issuance.

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