[Economic Report of the President (1997)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] [DOCID: f:erp_b101._] Economic Report of the President - - - - - - - - - - - - H. Doc. 105-002 [From the online service of the U.S. Government Printing Office] [wais.access.gpo.gov] INTERNATIONAL STATISTICS Table B-101.--U.S. international transactions, 1946-96 [Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits (+), debits (^)] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Goods\1\ Services Investment income -------------------------------------------------------------------------------- --------------------------------- Balance Payments Unilateral Balance Year or quarter Net travel and Other on goods Receipts on transfers, on Exports Imports Net Net military transportation services, and on U.S. foreign Net net\3\ current transactions\2\\3\ receipts net services assets assets in account abroad U.S. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1946......................................... 11,764 -5,067 6,697 -424 733 310 7,316 772 -212 560 -2,991 4,885 1947......................................... 16,097 -5,973 10,124 -358 946 145 10,857 1,102 -245 857 -2,722 8,992 1948......................................... 13,265 -7,557 5,708 -351 374 175 5,906 1,921 -437 1,484 -4,973 2,417 1949......................................... 12,213 -6,874 5,339 -410 230 208 5,367 1,831 -476 1,355 -5,849 873 1950......................................... 10,203 -9,081 1,122 -56 -120 242 1,188 2,068 -559 1,509 -4,537 -1,840 1951......................................... 14,243 -11,176 3,067 169 298 254 3,788 2,633 -583 2,050 -4,954 884 1952......................................... 13,449 -10,838 2,611 528 83 309 3,531 2,751 -555 2,196 -5,113 614 1953......................................... 12,412 -10,975 1,437 1,753 -238 307 3,259 2,736 -624 2,112 -6,657 -1,286 1954......................................... 12,929 -10,353 2,576 902 -269 305 3,514 2,929 -582 2,347 -5,642 219 1955......................................... 14,424 -11,527 2,897 -113 -297 299 2,786 3,406 -676 2,730 -5,086 430 1956......................................... 17,556 -12,803 4,753 -221 -361 447 4,618 3,837 -735 3,102 -4,990 2,730 1957......................................... 19,562 -13,291 6,271 -423 -189 482 6,141 4,180 -796 3,384 -4,763 4,762 1958......................................... 16,414 -12,952 3,462 -849 -633 486 2,466 3,790 -825 2,965 -4,647 784 1959......................................... 16,458 -15,310 1,148 -831 -821 573 69 4,132 -1,061 3,071 -4,422 -1,282 1960......................................... 19,650 -14,758 4,892 -1,057 -964 639 3,508 4,616 -1,238 3,379 -4,062 2,824 1961......................................... 20,108 -14,537 5,571 -1,131 -978 732 4,195 4,999 -1,245 3,755 -4,127 3,822 1962......................................... 20,781 -16,260 4,521 -912 -1,152 912 3,370 5,618 -1,324 4,294 -4,277 3,387 1963......................................... 22,272 -17,048 5,224 -742 -1,309 1,036 4,210 6,157 -1,560 4,596 -4,392 4,414 1964......................................... 25,501 -18,700 6,801 -794 -1,146 1,161 6,022 6,824 -1,783 5,041 -4,240 6,823 1965......................................... 26,461 -21,510 4,951 -487 -1,280 1,480 4,664 7,437 -2,088 5,350 -4,583 5,431 1966......................................... 29,310 -25,493 3,817 -1,043 -1,331 1,497 2,940 7,528 -2,481 5,047 -4,955 3,031 1967......................................... 30,666 -26,866 3,800 -1,187 -1,750 1,742 2,604 8,021 -2,747 5,274 -5,294 2,583 1968......................................... 33,626 -32,991 635 -596 -1,548 1,759 250 9,367 -3,378 5,990 -5,629 611 1969......................................... 36,414 -35,807 607 -718 -1,763 1,964 91 10,913 -4,869 6,044 -5,735 399 1970......................................... 42,469 -39,866 2,603 -641 -2,038 2,330 2,254 11,748 -5,515 6,233 -6,156 2,331 1971......................................... 43,319 -45,579 -2,260 653 -2,345 2,649 -1,303 12,707 -5,435 7,272 -7,402 -1,433 1972......................................... 49,381 -55,797 -6,416 1,072 -3,063 2,965 -5,443 14,765 -6,572 8,192 -8,544 -5,795 1973......................................... 71,410 -70,499 911 740 -3,158 3,406 1,900 21,808 -9,655 12,153 -6,913 7,140 1974......................................... 98,306 -103,811 -5,505 165 -3,184 4,231 -4,292 27,587 -12,084 15,503 \4\-9,249 1,962 1975......................................... 107,088 -98,185 8,903 1,461 -2,812 4,854 12,404 25,351 -12,564 12,787 -7,075 18,116 1976......................................... 114,745 -124,228 -9,483 931 -2,558 5,027 -6,082 29,375 -13,311 16,063 -5,686 4,295 1977......................................... 120,816 -151,907 -31,091 1,731 -3,565 5,680 -27,246 32,354 -14,217 18,137 -5,226 -14,335 1978......................................... 142,075 -176,002 -33,927 857 -3,573 6,879 -29,763 42,088 -21,680 20,408 -5,788 -15,143 1979......................................... 184,439 -212,007 -27,568 -1,313 -2,935 7,251 -24,565 63,834 -32,961 30,873 -6,593 -285 1980......................................... 224,250 -249,750 -25,500 -1,822 -997 8,912 -19,407 72,606 -42,532 30,073 -8,349 2,317 1981......................................... 237,044 -265,067 -28,023 -844 144 12,552 -16,172 86,529 -53,626 32,903 -11,702 5,030 1982......................................... 211,157 -247,642 -36,485 112 -992 13,209 -24,156 86,200 -56,412 29,788 -17,075 -11,443 1983......................................... 201,799 -268,901 -67,102 -563 -4,227 14,124 -57,767 85,200 -53,700 31,500 -17,718 -43,985 1984......................................... 219,926 -332,418 -112,492 -2,547 -8,438 14,404 -109,073 104,756 -74,036 30,720 -20,598 -98,951 1985......................................... 215,915 -338,088 -122,173 -4,390 -9,798 14,483 -121,880 93,677 -73,087 20,590 -22,954 -124,243 1986......................................... 223,344 -368,425 -145,081 -5,181 -8,484 18,609 -140,136 91,976 -79,095 12,881 -24,833 -152,088 1987......................................... 250,208 -409,765 -159,557 -3,844 -7,613 18,097 -152,918 100,767 -91,302 9,465 -23,939 -167,392 1988......................................... 320,230 -447,189 -126,959 -6,320 -2,591 20,352 -115,518 129,070 -115,722 13,348 -26,266 -128,436 1989......................................... 362,120 -477,365 -115,245 -6,749 4,043 26,192 -91,758 152,517 -138,639 13,878 -27,696 -105,575 1990......................................... 389,307 -498,337 -109,030 -7,599 8,002 28,291 -80,336 160,300 -139,402 20,897 -35,219 -94,657 1991......................................... 416,913 -490,981 -74,068 -5,274 17,032 32,440 -29,872 137,003 -121,159 15,844 4,510 -9,518 1992......................................... 440,352 -536,458 -96,106 -1,448 20,484 38,805 -38,264 119,046 -107,851 11,195 -35,514 -62,583 1993......................................... 456,832 -589,441 -132,609 880 20,026 39,665 -72,039 119,900 -110,158 9,742 -37,640 -99,936 1994......................................... 502,463 -668,584 -166,121 1,963 16,711 43,068 -104,379 141,704 -145,863 -4,159 -39,866 -148,405 1995......................................... 575,940 -749,364 -173,424 3,585 18,361 46,415 -105,064 182,659 -190,674 -8,016 -35,075 -148,154 1994: I.......................................... 118,462 -155,301 -36,839 -38 4,016 10,159 -22,702 31,841 -30,678 1,163 -8,169 -29,708 II......................................... 122,909 -163,993 -41,084 367 4,221 10,614 -25,882 33,287 -33,923 -636 -9,507 -36,025 III........................................ 127,237 -171,652 -44,415 1,171 3,758 11,039 -28,447 37,212 -38,801 -1,589 -9,975 -40,011 IV......................................... 133,855 -177,638 -43,783 463 4,717 11,257 -27,346 39,368 -42,462 -3,094 -12,215 -42,655 1995: I.......................................... 138,551 -183,474 -44,923 628 3,770 11,010 -29,515 44,100 -45,000 -900 -8,639 -39,054 II......................................... 142,983 -190,910 -47,927 859 3,834 11,410 -31,824 46,779 -47,641 -862 -8,290 -40,976 III........................................ 144,984 -187,532 -42,548 1,120 5,087 12,006 -24,335 45,269 -49,630 -4,361 -8,992 -37,688 IV......................................... 149,422 -187,448 -38,026 978 5,670 11,987 -19,391 46,513 -48,403 -1,890 -9,154 -30,435 1996: I.......................................... 150,028 -192,758 -42,730 489 5,362 12,652 -24,227 47,497 -47,235 262 -10,904 -34,869 II......................................... 153,095 -200,091 -46,996 725 5,349 12,345 -28,577 48,010 -50,274 -2,264 -9,369 -40,210 IIIp....................................... 149,937 -201,530 -51,593 710 5,077 11,972 -33,834 48,303 -53,008 -4,705 -9,422 -47,961 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\Adjusted from Census data for differences in valuation, coverage, and timing; excludes military. \2\Quarterly data are not seasonally adjusted. \3\Includes transfers of goods and services under U.S. military grant programs. See next page for continuation of table. Table B-101.--U.S. international transactions, 1946-96--Continued [Millions of dollars; quarterly data seasonally adjusted, except as noted] -------------------------------------------------------------------------------------------------------------------------------------------------------- U.S. assets abroad, net [increase/capital Foreign assets in the U.S., net Statistical outflow (-)] [increase/capital inflow (+)] discrepancy --------------------------------------------------------------------------------- Allocations ----------------------- of special Total Year or quarter U.S. drawing (sum of Of which: official Other U.S. U.S. Foreign Other rights the Seasonal Total reserve Government private Total official foreign (SDRs) items adjustment assets\2\\5\ assets assets assets\2\ assets with sign discrepancy reversed) -------------------------------------------------------------------------------------------------------------------------------------------------------- 1946.............................. ......... -623 .......... ......... ......... ......... ......... ........... ......... ........... 1947.............................. ......... -3,315 .......... ......... ......... ......... ......... ........... ......... ........... 1948.............................. ......... -1,736 .......... ......... ......... ......... ......... ........... ......... ........... 1949.............................. ......... -266 .......... ......... ......... ......... ......... ........... ......... ........... 1950.............................. ......... 1,758 .......... ......... ......... ......... ......... ........... ......... ........... 1951.............................. ......... -33 .......... ......... ......... ......... ......... ........... ......... ........... 1952.............................. ......... -415 .......... ......... ......... ......... ......... ........... ......... ........... 1953.............................. ......... 1,256 .......... ......... ......... ......... ......... ........... ......... ........... 1954.............................. ......... 480 .......... ......... ......... ......... ......... ........... ......... ........... 1955.............................. ......... 182 .......... ......... ......... ......... ......... ........... ......... ........... 1956.............................. ......... -869 .......... ......... ......... ......... ......... ........... ......... ........... 1957.............................. ......... -1,165 .......... ......... ......... ......... ......... ........... ......... ........... 1958.............................. ......... 2,292 .......... ......... ......... ......... ......... ........... ......... ........... 1959.............................. ......... 1,035 .......... ......... ......... ......... ......... ........... ......... ........... 1960.............................. -4,099 2,145 -1,100 -5,144 2,294 1,473 821 ........... -1,019 ........... 1961.............................. -5,538 607 -910 -5,235 2,705 765 1,939 ........... -989 ........... 1962.............................. -4,174 1,535 -1,085 -4,623 1,911 1,270 641 ........... -1,124 ........... 1963.............................. -7,270 378 -1,662 -5,986 3,217 1,986 1,231 ........... -360 ........... 1964.............................. -9,560 171 -1,680 -8,050 3,643 1,660 1,983 ........... -907 ........... 1965.............................. -5,716 1,225 -1,605 -5,336 742 134 607 ........... -457 ........... 1966.............................. -7,321 570 -1,543 -6,347 3,661 -672 4,333 ........... 629 ........... 1967.............................. -9,757 53 -2,423 -7,386 7,379 3,451 3,928 ........... -205 ........... 1968.............................. -10,977 -870 -2,274 -7,833 9,928 -774 10,703 ........... 438 ........... 1969.............................. -11,585 -1,179 -2,200 -8,206 12,702 -1,301 14,002 ........... -1,516 ........... 1970.............................. -9,337 2,481 -1,589 -10,229 6,359 6,908 -550 867 -219 ........... 1971.............................. -12,475 2,349 -1,884 -12,940 22,970 26,879 -3,909 717 -9,779 ........... 1972.............................. -14,497 -4 -1,568 -12,925 21,461 10,475 10,986 710 -1,879 ........... 1973.............................. -22,874 158 -2,644 -20,388 18,388 6,026 12,362 ........... -2,654 ........... 1974.............................. -34,745 -1,467 \4\366 -33,643 34,241 10,546 23,696 ........... -1,458 ........... 1975.............................. -39,703 -849 -3,474 -35,380 15,670 7,027 8,643 ........... 5,917 ........... 1976.............................. -51,269 -2,558 -4,214 -44,498 36,518 17,693 18,826 ........... 10,455 ........... 1977.............................. -34,785 -375 -3,693 -30,717 51,319 36,816 14,503 ........... -2,199 ........... 1978.............................. -61,130 732 -4,660 -57,202 64,036 33,678 30,358 ........... 12,236 ........... 1979.............................. -66,054 -1,133 -3,746 -61,176 38,752 -13,665 52,416 1,139 26,449 ........... 1980.............................. -86,967 -8,155 -5,162 -73,651 58,112 15,497 42,615 1,152 25,386 ........... 1981.............................. -114,147 -5,175 -5,097 -103,875 83,032 4,960 78,072 1,093 24,992 ........... 1982.............................. -122,335 -4,965 -6,131 -111,239 92,418 3,593 88,826 ........... 41,359 ........... 1983.............................. -61,573 -1,196 -5,006 -55,372 83,380 5,845 77,534 ........... 22,179 ........... 1984.............................. -36,313 -3,131 -5,489 -27,694 113,932 3,140 110,792 ........... 21,331 ........... 1985.............................. -39,889 -3,858 -2,821 -33,211 141,183 -1,119 142,301 ........... 22,950 ........... 1986.............................. -106,753 312 -2,022 -105,044 226,111 35,648 190,463 ........... 32,729 ........... 1987.............................. -72,617 9,149 1,006 -82,771 242,983 45,387 197,596 ........... -2,974 ........... 1988.............................. -100,087 -3,912 2,967 -99,141 240,265 39,758 200,507 ........... -11,743 ........... 1989.............................. -168,744 -25,293 1,259 -144,710 218,490 8,503 209,987 ........... 55,830 ........... 1990.............................. -74,011 -2,158 2,307 -74,160 122,192 33,910 88,282 ........... 46,476 ........... 1991.............................. -57,881 5,763 2,911 -66,555 94,241 17,389 76,853 ........... -26,843 ........... 1992.............................. -68,622 3,901 -1,657 -70,866 154,285 40,477 113,808 ........... -23,080 ........... 1993.............................. -194,609 -1,379 -342 -192,889 250,996 72,153 178,843 ........... 43,550 ........... 1994.............................. -150,695 5,346 -341 -155,700 285,376 40,253 245,123 ........... 13,724 ........... 1995.............................. -307,856 -9,742 -280 -297,834 424,462 109,757 314,705 ........... 31,548 ........... 1994: I............................... -36,897 -59 399 -37,237 83,235 11,036 72,199 ........... -16,630 5,105 II.............................. -28,627 3,537 491 -32,655 45,889 9,166 36,723 ........... 18,763 274 III............................. -25,569 -165 -288 -25,116 83,619 19,785 63,834 ........... -18,039 -6,490 IV.............................. -59,603 2,033 -943 -60,693 72,632 266 72,366 ........... 29,626 1,107 1995: I............................... -61,747 -5,318 -154 -56,275 90,995 21,822 69,173 ........... 9,806 6,519 II.............................. -108,299 -2,722 -179 -105,398 115,421 37,380 78,041 ........... -33,854 -266 III............................. -39,595 -1,893 252 -37,954 118,816 39,186 79,630 ........... -41,533 -7,407 IV.............................. -98,214 191 -199 -98,206 99,229 11,369 87,860 ........... 29,420 1,153 1996: I............................... -68,750 17 -152 -68,615 99,471 52,021 47,450 ........... 4,148 6,279 II.............................. -50,726 -523 -353 -49,850 100,549 13,566 86,983 ........... -9,613 -801 IIIp............................ -54,676 7,489 72 -62,237 123,999 23,642 100,357 ........... -21,362 -8,699 -------------------------------------------------------------------------------------------------------------------------------------------------------- \4\Includes extraordinary U.S. Government transactions with India. \5\Consists of gold, special drawing rights, foreign currencies, and the U.S. reserve position in the International Monetary Fund (IMF). Source: Department of Commerce, Bureau of Economic Analysis.