[Economic Report of the President (1999)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



NATIONAL INCOME OR EXPENDITURE


[[Page 354]]


Table B-24.--Foreign transactions in the national income and product accounts, 1959-98
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
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Receipts from rest of the world                                          Payments to rest of the world
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Exports of goods and        Re-                 Imports of goods and       Pay-          Transfer payments  (net)
services            ceipts                      services            ments  ----------------------------------------    Net
Year or  quarter                          ----------------------------    of             -----------------------------    of                          From               foreign
Total\1\                               factor    Total                                 factor              From     govern-    From     invest-
Total   Goods\2\   Serv-      in-              Total    Goods\2\   Serv-     in-      Total    persons    ment      busi-     ment
ices\2\    come                                 ices\2\    come               (net)     (net)     ness
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959...........................................      25.0    20.6      16.5       4.2       4.3     25.0     22.3      15.3       7.0      1.5       2.4       0.4       1.8       0.1      -1.2

1960...........................................      30.2    25.3      20.5       4.8       5.0     30.2     22.8      15.2       7.6      1.8       2.4        .5       1.9        .1       3.2
1961...........................................      31.4    26.0      20.9       5.1       5.4     31.4     22.7      15.1       7.6      1.8       2.7        .5       2.1        .1       4.3
1962...........................................      33.5    27.4      21.7       5.7       6.1     33.5     25.0      16.9       8.1      1.8       2.8        .5       2.1        .1       3.9
1963...........................................      36.1    29.4      23.3       6.1       6.6     36.1     26.1      17.7       8.4      2.1       2.8        .6       2.1        .1       5.0
1964...........................................      41.0    33.6      26.7       6.9       7.4     41.0     28.1      19.4       8.7      2.4       3.0        .7       2.1        .2       7.5
1965...........................................      43.5    35.4      27.8       7.6       8.1     43.5     31.5      22.2       9.3      2.7       3.0        .8       2.1        .2       6.2
1966...........................................      47.2    38.9      30.7       8.2       8.3     47.2     37.1      26.3      10.7      3.1       3.2        .8       2.2        .2       3.9
1967...........................................      50.2    41.4      32.2       9.2       8.9     50.2     39.9      27.8      12.2      3.4       3.4       1.0       2.1        .2       3.5
1968...........................................      55.6    45.3      35.3      10.0      10.3     55.6     46.6      33.9      12.6      4.1       3.2       1.0       1.9        .3       1.7
1969...........................................      61.2    49.3      38.3      11.0      11.9     61.2     50.5      36.8      13.7      5.8       3.2       1.1       1.8        .3       1.8

1970...........................................      70.8    57.0      44.5      12.4      13.0     70.8     55.8      40.9      14.9      6.6       3.6       1.2       2.0        .4       4.9
1971...........................................      74.2    59.3      45.6      13.8      14.1     74.2     62.3      46.6      15.8      6.4       4.1       1.3       2.4        .4       1.3
1972...........................................      83.4    66.2      51.8      14.4      16.4     83.4     74.2      56.9      17.3      7.7       4.3       1.3       2.5        .5      -2.9
1973...........................................     115.6    91.8      73.9      17.8      23.8    115.6     91.2      71.8      19.3     11.1       4.6       1.4       2.5        .7       8.7
1974...........................................     152.6   124.3     101.0      23.3      30.3    152.6    127.5     104.5      22.9     14.6       5.4       1.2       3.2       1.0       5.1
1975...........................................     164.4   136.3     109.6      26.7      28.2    164.4    122.7      99.0      23.7     14.9       5.4       1.2       3.5        .7      21.4
1976...........................................     181.7   148.9     117.8      31.1      32.9    181.7    151.1     124.6      26.5     15.7       6.0       1.2       3.7       1.1       8.9
1977...........................................     196.6   158.8     123.7      35.1      37.9    196.6    182.4     152.6      29.8     17.2       6.0       1.2       3.4       1.4      -9.0
1978...........................................     233.5   186.1     145.4      40.7      47.4    233.5    212.3     177.4      34.8     25.3       6.4       1.3       3.8       1.4     -10.4
1979...........................................     300.3   228.7     184.0      44.7      70.4    300.3    252.7     212.8      39.9     37.5       7.5       1.4       4.1       2.0       2.6

1980...........................................     361.9   278.9     225.8      53.2      81.8    361.9    293.8     248.6      45.3     46.5       9.0       1.6       5.0       2.4      12.5
1981...........................................     399.5   302.8     239.1      63.7      95.6    399.5    317.8     267.8      49.9     60.9      13.4       5.2       5.0       3.2       7.4
1982...........................................     379.5   282.6     215.0      67.6      96.9    379.5    303.2     250.5      52.6     65.8      16.7       6.2       7.0       3.4      -6.1
1983...........................................     374.6   277.0     207.3      69.7      97.6    374.6    328.6     272.7      56.0     65.6      17.7       6.5       7.8       3.4     -37.3
1984...........................................     421.8   303.1     225.6      77.5     118.7    421.8    405.1     336.3      68.8     87.6      20.6       7.4       9.7       3.5     -91.5
1985...........................................     411.1   303.0     222.2      80.8     108.1    411.1    417.2     343.3      73.9     87.7      23.1       7.8      12.2       3.1    -116.9
1986...........................................     427.1   320.7     226.0      94.7     106.5    427.1    452.2     370.0      82.2     93.6      24.3       8.1      12.9       3.3    -142.9
1987...........................................     481.8   365.7     257.5     108.2     116.0    481.8    507.9     414.8      93.1    107.1      23.3       8.7      11.2       3.3    -156.4
1988...........................................     591.9   447.2     325.8     121.4     144.7    591.9    553.2     452.1     101.1    131.7      25.1       9.1      11.4       4.6    -118.1
1989...........................................     678.3   509.3     371.7     137.6     169.0    678.3    589.7     484.5     105.3    154.8      26.1       9.6      11.4       5.1     -92.4

1990...........................................     734.8   557.3     398.5     158.8     177.5    734.8    628.6     508.0     120.6    156.4      28.4       9.9      13.3       5.2     -78.6
1991...........................................     757.9   601.8     426.4     175.4     156.2    757.9    622.3     500.7     121.6    140.5     -12.1      10.4     -27.9       5.4       7.3
1992...........................................     777.3   639.4     448.7     190.7     137.9    777.3    669.0     544.9     124.1    126.8      32.0       9.6      16.6       5.8     -50.5
1993...........................................     809.4   658.6     459.7     198.9     150.8    809.4    719.3     592.8     126.5    132.1      36.6      13.3      17.3       6.0     -78.6
1994...........................................     897.7   721.2     509.6     211.6     176.5    897.7    812.1     676.8     135.3    168.3      37.3      14.2      16.4       6.8    -120.0
1995...........................................   1,044.6   819.4     583.8     235.6     225.2  1,044.6    903.3     757.6     145.7    207.6      34.2      15.7      11.4       7.1    -100.6
1996...........................................   1,109.3   873.8     618.3     255.5     235.5  1,109.3    965.0     809.0     156.0    223.1      40.4      16.9      16.2       7.3    -119.2
1997...........................................   1,230.9   965.4     688.3     277.1     265.5  1,230.9  1,058.8     888.3     170.4    273.5      39.5      18.9      12.7       8.0    -140.9

1993:I.........................................     792.7   647.1     451.2     195.8     145.6    792.7    693.7     570.8     122.9    122.1      31.1      13.1      12.6       5.5     -54.2
II.........................................     810.0   661.2     462.2     199.0     148.9    810.0    718.7     593.2     125.4    132.7      33.6      13.1      14.8       5.7     -74.9
III........................................     800.0   646.8     447.9     198.9     153.2    800.0    718.9     592.8     126.1    130.9      35.0      13.4      15.5       6.2     -84.9
IV.........................................     835.0   679.4     477.7     201.7     155.6    835.0    746.0     614.4     131.6    142.7      46.6      13.7      26.2       6.7    -100.4

1994:I.........................................     839.6   678.5     475.7     202.8     161.1    839.6    755.1     622.4     132.8    144.2      31.9      14.0      11.2       6.7     -91.6
II.........................................     878.3   710.1     499.2     210.9     168.3    878.3    797.9     663.8     134.1    159.3      33.6      14.1      12.9       6.6    -112.5
III........................................     914.4   732.6     518.9     213.7     181.9    914.4    836.0     699.2     136.9    176.1      36.5      14.2      15.7       6.7    -134.2
IV.........................................     958.2   763.7     544.6     219.0     194.6    958.2    859.2     721.7     137.5    193.5      47.3      14.4      25.8       7.1    -141.8

1995:I.........................................   1,004.7   787.8     563.1     224.7     216.9  1,004.7    882.5     740.3     142.2    198.4      34.5      15.2      11.9       7.4    -110.7
II.........................................   1,030.8   803.4     574.2     229.3     227.4  1,030.8    911.4     766.1     145.3    205.0      32.4      14.8      10.8       6.9    -118.0
III........................................   1,059.7   835.1     593.3     241.7     224.6  1,059.7    909.6     762.5     147.1    216.2      34.0      15.6      11.2       7.2    -100.1
IV.........................................   1,083.1   851.5     604.8     246.7     231.6  1,083.1    909.9     761.6     148.2    210.9      35.9      17.2      11.6       7.0     -73.5

1996:I.........................................   1,086.3   856.6     609.9     246.7     229.7  1,086.3    932.3     780.2     152.1    210.0      41.8      15.8      19.0       7.0     -97.8
II.........................................   1,092.3   863.0     609.5     253.4     229.3  1,092.3    957.0     802.7     154.2    215.2      35.0      16.6      11.0       7.4    -114.9
III........................................   1,096.1   861.4     612.6     248.9     234.7  1,096.1    976.9     818.3     158.6    229.5      35.9      16.6      11.8       7.4    -146.2
IV.........................................   1,162.4   914.2     641.2     273.0     248.2  1,162.4    993.8     834.8     159.0    237.6      48.9      18.5      22.8       7.6    -118.0

1997:I.........................................   1,183.3   930.2     661.4     268.8     253.1  1,183.3  1,023.5     859.1     164.4    255.6      35.1      18.0       9.5       7.6    -130.9
II.........................................   1,229.4   961.1     682.9     278.2     268.3  1,229.4  1,047.9     879.2     168.7    269.4      36.0      18.2       9.9       8.0    -123.9
III........................................   1,256.0   981.7     700.2     281.5     274.3  1,256.0  1,076.4     902.7     173.6    283.0      37.6      19.5       9.9       8.1    -141.0
IV ........................................   1,254.9   988.6     708.9     279.7     266.3  1,254.9  1,087.4     912.4     174.9    285.9      49.4      19.8      21.5       8.1    -167.8

1998:I.........................................   1,243.6   973.3     694.5     278.8     270.3  1,243.6  1,097.1     920.9     176.2    285.1      37.0      19.2       9.9       7.9    -175.6
II.........................................   1,220.2   949.6     668.8     280.8     270.6  1,220.2  1,108.9     931.8     177.1    289.3      36.8      19.9       9.0       7.9    -214.8
III........................................   1,201.2   936.2     663.3     272.9     265.0  1,201.2  1,101.7     924.7     177.0    292.1      39.1      20.0      11.2       8.0    -231.6
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\1\Includes capital grants received by the United States (net), not shown separately. See Table B-32 for data.
\2\Certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment were
reclassified from goods to services.

Source: Department of Commerce, Bureau of Economic Analysis.