[Economic Report of the President (2000)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



[[Page 422]]

INTERNATIONAL STATISTICS
 
Table B-101.--U.S. international transactions, 1946-99
[Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits (+), debits (^)]
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Goods\1\                            Services                              Income receipts and payments
-------------------------------------------------------------------------  Balance  --------------------------------- Unilateral   Balance
Net                                  on goods                                     current       on
Year or  quarter                                           Balance     military   Net travel and    Other       and                            Balance   transfers,   current
Exports    Imports    on goods    transac-   transportation  services,   services   Receipts   Payments  on income    net\3\     account
tions\2\\3\     receipts        net
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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     91,690    -56,572     35,118     -17,139     -6,177
1983................................................   201,799    -268,901    -67,102        -563        -4,227        14,124    -57,767     90,050    -53,703     36,347     -17,778    -39,198
1984................................................   219,926    -332,418   -112,492      -2,547        -8,438        14,404   -109,073    108,958    -73,977     34,981     -20,661    -94,753
1985................................................   215,915    -338,088   -122,173      -4,390        -9,798        14,483   -121,880     98,736    -73,156     25,580     -22,762   -119,062
1986................................................   223,344    -368,425   -145,081      -5,181        -8,779        19,254   -139,786     97,274    -81,907     15,368     -24,818   -149,236
1987................................................   250,208    -409,765   -159,557      -3,844        -8,010        18,658   -152,753    108,428    -94,273     14,155     -24,047   -162,645
1988................................................   320,230    -447,189   -126,959      -6,320        -3,013        20,836   -115,455    137,000   -118,452     18,548     -26,139   -123,046
1989................................................   362,120    -477,365   -115,245      -6,749         3,551        26,934    -91,509    161,566   -141,842     19,724     -27,116    -98,900

1990................................................   389,307    -498,337   -109,030      -7,599         7,501        29,189    -79,939    172,078   -143,649     28,429     -27,821    -79,332
1991................................................   416,913    -490,981    -74,068      -5,274        16,561        33,299    -29,484    149,558   -125,608     23,950       9,819      4,284
1992................................................   440,352    -536,458    -96,106      -1,448        19,969        40,559    -37,025    132,523   -110,253     22,269     -35,873    -50,629
1993................................................   456,832    -589,441   -132,609       1,385        19,714        41,571    -69,940    134,621   -111,445     23,176     -38,522    -85,286
1994................................................   502,398    -668,590   -166,192       2,570        16,305        48,922    -98,395    165,968   -150,061     15,907     -39,192   -121,680
1995................................................   575,845    -749,574   -173,729       4,600        21,772        49,818    -97,539    212,233   -192,823     19,410     -35,437   -113,566
1996................................................   612,057    -803,327   -191,270       4,707        24,969        57,276   -104,318    224,619   -207,409     17,210     -42,187   -129,295
1997................................................   679,715    -876,366   -196,651       5,863        21,948        64,110   -104,730    258,663   -255,432      3,231     -41,966   -143,465
1998................................................   670,246    -917,178   -246,932       4,314        10,405        67,931   -164,282    258,324   -270,529    -12,205     -44,075   -220,562

1997:
I.................................................   162,979    -212,187    -49,208       1,314         5,956        15,326    -26,612     61,603    -60,542      1,061      -9,347    -34,898
II................................................   169,895    -217,773    -47,878       2,096         5,465        16,128    -24,189     65,430    -63,218      2,212      -9,494    -31,471
III...............................................   173,447    -222,362    -48,915       1,509         5,387        16,296    -25,723     66,580    -66,376        204     -10,096    -35,615
IV................................................   173,394    -224,044    -50,650         944         5,143        16,362    -28,201     65,050    -65,297       -247     -13,030    -41,478

1998:
I.................................................   170,665    -225,541    -54,876       1,508         3,471        16,559    -33,338     66,458    -66,211        247      -9,927    -43,018
II................................................   165,198    -228,698    -63,500       1,428         2,997        17,114    -41,961     66,574    -67,127       -553      -9,886    -52,400
III...............................................   164,259    -229,228    -64,969         703         1,685        16,857    -45,724     62,209    -69,174     -6,965     -10,787    -63,476
IV................................................   170,124    -233,711    -63,587         675         2,251        17,399    -43,262     63,081    -68,014     -4,933     -13,474    -61,669

1999:
I.................................................   164,292    -238,495    -74,203         837         1,947        17,445    -53,974     64,028    -68,368     -4,340     -10,340    -68,654
II................................................   165,862    -250,274    -84,412         506         1,770        17,051    -65,085     66,857    -71,469     -4,612     -11,212    -80,909
III..............................................   173,578    -265,723    -92,145         407           826        17,087    -73,825     69,563    -74,483     -4,920     -11,204   -89,949
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\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.


[[Page 423]]


Table B-101.--U.S. international transactions, 1946-99--Continued
[Millions of dollars; quarterly data seasonally adjusted, except as noted]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Financial account                                        Statistical
-----------------------------------------------------------------------------------       discrepancy
U.S.-owned assets abroad, net  [increase/    Foreign-owned assets in the U.S., -----------------------
capital outflow (-)]                 net  [increase/capital inflow      Total
Year or quarter             Capital  ------------------------------------------------                (+)]                 (sum of    Of  which:
account\2\                 U.S.                            -----------------------------------    the       Seasonal
official    Other U.S.     U.S.                  Foreign     Other      items     adjustment
Total       reserve    Government   private    Total       official    foreign   with sign  discrepancy
assets\2\\5\   assets\2\    assets                assets\2\  assets     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.............................  ..........     -8,470        3,348       -1,589    -10,229       6,359       6,908       -550       -219  ...........
1971.............................  ..........    -11,758        3,066       -1,884    -12,940      22,970      26,879     -3,909     -9,779  ...........
1972.............................  ..........    -13,787          706       -1,568    -12,925      21,461      10,475     10,986     -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      35,341      10,546     24,796     -2,558  ...........
1975.............................  ..........    -39,703         -849       -3,474    -35,380      17,170       7,027     10,143      4,417  ...........
1976.............................  ..........    -51,269       -2,558       -4,214    -44,498      38,018      17,693     20,326      8,955  ...........
1977.............................  ..........    -34,785         -375       -3,693    -30,717      53,219      36,816     16,403     -4,099  ...........
1978.............................  ..........    -61,130          732       -4,660    -57,202      67,036      33,678     33,358      9,236  ...........
1979.............................  ..........    -64,915            6       -3,746    -61,176      40,852     -13,665     54,516     24,349  ...........

1980.............................  ..........    -85,815       -7,003       -5,162    -73,651      62,612      15,497     47,115     20,886  ...........
1981.............................  ..........   -113,054       -4,082       -5,097   -103,875      86,232       4,960     81,272     21,792  ...........
1982.............................         199   -127,825       -4,965       -6,131   -116,729      96,578       3,593     92,986     37,224  ...........
1983.............................         209    -66,423       -1,196       -5,006    -60,222      88,783       5,845     82,938     16,630  ...........
1984.............................         235    -40,515       -3,131       -5,489    -31,896     117,973       3,140    114,833     17,059  ...........
1985.............................         315    -44,946       -3,858       -2,821    -38,268     146,452      -1,119    147,570     17,242  ...........
1986.............................         301   -111,933          312       -2,022   -110,224     230,345      35,648    194,696     30,524  ...........
1987.............................         365    -79,540        9,149        1,006    -89,694     249,016      45,387    203,629     -7,196  ...........
1988.............................         493   -106,860       -3,912        2,967   -105,915     246,948      39,758    207,190    -17,535  ...........
1989.............................         336   -175,662      -25,293        1,233   -151,602     225,307       8,503    216,804     48,920  ...........

1990.............................      -6,579    -81,570       -2,158        2,317    -81,729     142,028      33,910    108,118     25,454  ...........
1991.............................      -4,479    -64,732        5,763        2,924    -73,419     111,332      17,389     93,944    -46,405  ...........
1992.............................         612    -74,877        3,901       -1,667    -77,111     171,815      40,477    131,338    -46,921  ...........
1993.............................         -88   -201,014       -1,379         -351   -199,284     283,230      71,753    211,477      3,157  ...........
1994.............................        -469   -176,586        5,346         -390   -181,542     307,306      39,583    267,723     -8,571  ...........
1995.............................         372   -330,675       -9,742         -984   -319,949     467,552     109,880    357,672    -23,683  ...........
1996.............................         672   -380,762        6,668         -989   -386,441     574,847     127,390    447,457    -65,462  ...........
1997.............................         292   -465,296       -1,010           68   -464,354     751,661      18,119    733,542   -143,192  ...........
1998.............................         617   -292,818       -6,784         -429   -285,605     502,637     -21,684    524,321     10,126  ...........

1997:
I..............................         135   -144,665        4,480          -76   -149,069     185,303      27,524    157,779     -5,875       4,724
II.............................          56    -91,124         -236         -298    -90,590     152,767      -6,177    158,944    -30,228        -682
III............................          19   -112,578         -730          377   -112,225     188,126      23,260    164,866    -39,952     -10,546
IV.............................          82   -116,929       -4,524           65   -112,470     225,466     -26,488    251,954    -67,141       6,500

1998:
I..............................         143    -59,599         -444          -81    -59,074      96,817      11,004     85,813      5,657       5,915
II.............................         160   -120,517       -1,945         -483   -118,089     162,466     -10,551    173,017     10,291         528
III............................         148    -62,097       -2,026          185    -60,256      93,547     -46,489    140,036     31,878     -10,582
IV.............................         166    -50,607       -2,369          -50    -48,188     149,805      24,352    125,453    -37,695       4,144

1999:
I..............................         166    -15,148        4,068          119    -19,335      88,860       4,708     84,152     -5,224       5,264
II.............................         178   -154,713        1,159         -392   -155,480     274,271        -628    274,899    -38,827         276
III...........................         166   -101,483        1,950         -673   -102,760     207,153      12,106    195,047    -15,887     -10,209
--------------------------------------------------------------------------------------------------------------------------------------------------------
\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.