## Release of New Standards for Macroeconomic Statistics (BPM7)

_Policy Papers, July 11, 2025_

## Source details

**Canonical URL:** [Release of New Standards for Macroeconomic Statistics (BPM7)](https://www.imf.org/en/publications/policy-papers/issues/2025/07/10/release-of-new-standards-for-macroeconomic-statistics-bpm7-568453)

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## Bibliographic details
- Published: July 11, 2025
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798229015073.007

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### Overview
- On March 20, 2025, the IMF released the seventh edition of the Integrated Balance of Payments and International Investment Position Manual (BPM7, the Manual), updating global standards for external sector statistics.
- The edition addresses significant changes in the global economy, including evolving economic interconnectedness, digitalization, and financial innovations.

### Update process and collaboration
- The Manual’s update process involved extensive collaboration with IMF member countries and users of balance of payments statistics.
- Member countries and users were able to actively contribute to the development and refinement of the standards and provide their opinions before the updates received official endorsement.

### Implementation strategy and IMF support
- The IMF has developed a comprehensive strategy to support implementation.
- The Statistics Department will:
  - actively communicate the changes;
  - assist countries in adopting the standards through intensive training and technical assistance.

### Coordination with System of National Accounts
- The release of BPM7 coincides with the release of the updated System of National Accounts, 2025 (2025 SNA), ensuring harmonized standards across macroeconomic statistical domains.

### Target implementation window and policy objective
- IMF member countries are encouraged to implement both standards within a target implementation window of 2029–2030 to enhance the quality and comparability of macroeconomic data, thereby facilitating informed policy decisions.

### Key subjects and keywords
- Subject: Economic and financial statistics, External position, External sector statistics, International investment position
- Keywords: BOP statistician, country implementation plan, External sector statistics, Global, IMF committee on balance of payments statistic, IMF support, International investment position, program monitoring, transparency policy

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- **Policy Paper**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2025/07/10/release-of-new-standards-for-macroeconomic-statistics-bpm7-568453_