Balance of Payments and International Investment Position Statistics (BOP-IIPx)
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- Balance of Payments and International Investment Position Statistics (BOP-IIPx)
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Bibliographic details
- Session: OL 26.114
- Location: Course conducted online
- Dates: May 1, 2026 - April 15, 2027 (50 weeks)
- Delivery method: Online Training
- Primary language: French
- Status: Apply online by April 1, 2027
Overview
- Session No.: OL 26.114
- Location: Course conducted online
- Date: May 1, 2026 - April 15, 2027 (50 weeks)
- Delivery Method: Online Training
- Primary Language: French
- Level: Basic-level course laying the foundation for the intermediate BOP and IIP statistics course
Target audience and qualifications
- Target Audience:
- Those interested in learning the fundamentals of compiling external accounts that cover balance of payments (BOP) and international investment position (IIP) statistics according to internationally accepted standards.
- Open to those who compile, or plan to compile, BOP and IIP statistics.
- Qualifications:
- Some knowledge of economics and statistics or equivalent experience is helpful.
Course description
- The course covers the fundamentals needed to compile the external accounts.
- Introduces the conceptual statistical framework for BOP and IIP as presented in the Balance of Payments and International Investment Position Statistics Manual, sixth edition (BPM6), which is harmonized with other macroeconomic statistical frameworks.
- Participants learn about the current, capital, and financial account balances, and how they reflect their economy's interaction with the rest of the world.
- Covers basic concepts, definitions, and classifications, along with the principal accounting rules (including valuation and time of recording) relevant for the compilation of the external accounts.
- Discusses the functional categories, including direct investment.
- Emphasizes the need to integrate the BOP with the IIP for compiling comprehensive, internationally comparable statistics.
- Notes: The course is being updated to include the changes introduced by the Integrated Balance of Payments and International Investment Position Manual, Seventh Edition (BPM7).
Course objectives
Upon completion of the course, participants should be able to:
- Explain the external accounts framework of the BOP and IIP and relevant indicators, such as the current, capital, and financial accounts balances, and net IIP.
- Apply core concepts and definitions relevant to the external accounts, such as residence, economic territory, predominant center of economic interest, and accounting rules.
- Classify cross-border transactions and positions according to international standards.
- Record the main components of the current account, including goods, services, primary (earned) income, and secondary (transfer) income, as well as the capital account.
- Identify transactions in financial assets and liabilities and their link to investment income.
- Explain the direct investment framework and its role in the economy, including as a source of financing.
- Recognize the need to integrate the BOP with the IIP to produce consistent and coherent data.
Related IMF training context
- The IMF offers online training to government officials and the public.
- Examples of other IMF training offerings (titles and modalities listed by the IMF for context): Integrating Basel III Liquidity Standards with ILAAP; Climate in Macroeconomic Framework (CMF); Big Data for Macroeconomic Statistics (BDMS); Financial Development and Financial Inclusion (FDFI).