Update of the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6)

The IMF Statistics Department has launched the update of the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) targeting to publish an updated version of the Manual (BPM7) by March 2025. The BPM6 update is being coordinated with the update of the System of National Accounts 2008 (2008 SNA), which was officially launched by the United Nations Statistical Commission (UNSC) also with a target release date of March 2025.

Key elements of the BPM6 Update process and the timetable were endorsed by the IMF’s Committee on Balance of Payments Statistics (BOPCOM) at its Thirty-Third Meeting in March 2020.

The two phases of the update process are:

  • Phase I (March 2020–March 2022): finalization of the detailed research on the issues identified in the Compendium of Research Issues and discuss how they would impact the new version of the Manual (BPM7) and
  • Phase II (April 2022–March 2025): finalization of the Annotated Outline and drafting of the chapters/appendixes of the BPM7, and extensive consultations about the proposed changes;

Task Teams (TTs)/joint TTs have been established to advise BOPCOM and the Inter‑secretariat Working Group on National Accounts (ISWGNA) on research issues relevant to the BPM6 and the 2008 SNA Update.

bmp6 

Further information

This website will be updated from time to time to provide information on the revision process, and to seek comments on (i) key proposals of the TTs dedicated to addressing specific research issues; (ii) the draft BPM7 Annotated Outline; and (iii) draft BPM7 Chapters and appendixes. General and specific questions and comments are welcomed and should be sent to STABPM6Update@imf.org.