[Economic Report of the President (2001)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


INTERNATIONAL STATISTICS
 
Table B-103.--U.S. international transactions, 1946-2000

[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       net \3\    account
tions\2\                      net                                        income
-------------------------------------------------------------------------------------------\3\--------------------------------------------------------------------------------------------------
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     91,747    -56,583     35,164     -16,544     -5,536
1983................................................   201,799    -268,901    -67,102        -563        -4,227        14,124    -57,767     90,000    -53,614     36,386     -17,310    -38,691
1984................................................   219,926    -332,418   -112,492      -2,547        -8,438        14,404   -109,073    108,819    -73,756     35,063     -20,335    -94,344
1985................................................   215,915    -338,088   -122,173      -4,390        -9,798        14,483   -121,880     98,542    -72,819     25,723     -21,998   -118,155
1986................................................   223,344    -368,425   -145,081      -5,181        -8,779        20,502   -138,538     97,064    -81,571     15,494     -24,132   -147,177
1987................................................   250,208    -409,765   -159,557      -3,844        -8,010        19,728   -151,684    108,184    -93,891     14,293     -23,265   -160,655
1988................................................   320,230    -447,189   -126,959      -6,320        -3,013        21,725   -114,566    136,713   -118,026     18,687     -25,274   -121,153
1989................................................   362,120    -477,365   -115,245      -6,749         3,551        27,805    -90,638    161,287   -141,463     19,824     -26,169    -96,982

1990................................................   389,307    -498,337   -109,030      -7,599         7,501        30,270    -78,857    171,742   -143,192     28,550     -26,654    -76,961
1991................................................   416,913    -490,981    -74,068      -5,274        16,561        34,516    -28,266    149,214   -125,084     24,130      10,752      6,616
1992................................................   440,352    -536,458    -96,106      -1,448        19,969        41,918    -35,666    132,056   -109,101     22,954     -35,013    -47,724
1993................................................   456,832    -589,441   -132,609       1,385        19,714        42,562    -68,949    134,159   -110,255     23,904     -37,637    -82,681
1994................................................   502,398    -668,590   -166,192       2,570        16,305        50,278    -97,039    165,438   -148,744     16,694     -38,260   -118,605
1995................................................   575,845    -749,574   -173,729       4,600        21,772        51,410    -95,947    211,502   -190,955     20,547     -34,057   -109,457
1996................................................   612,057    -803,327   -191,270       5,385        25,015        58,757   -102,113    223,810   -204,934     18,876     -40,081   -123,318
1997................................................   679,702    -876,367   -196,665       5,138        22,152        63,443   -105,932    257,346   -251,160      6,186     -40,794   -140,540
1998................................................   670,324    -917,178   -246,854       5,387        10,145        64,424   -166,898    258,445   -264,656     -6,211     -44,029   -217,138
1999................................................   684,358  -1,029,917   -345,559       2,684         6,797        71,107   -264,971    276,165   -294,648    -18,483     -48,025   -331,479

1998:
I.................................................   170,609    -225,255    -54,646       1,728         3,419        15,886    -33,613     65,996    -64,979      1,017      -9,794    -42,390
II................................................   166,054    -228,675    -62,621       1,564         3,118        16,331    -41,608     66,506    -66,274        232     -10,099    -51,475
III...............................................   164,378    -228,942    -64,564         827         1,820        15,583    -46,334     62,469    -66,786     -4,317     -10,658    -61,309
IV................................................   169,283    -234,306    -65,023       1,268         1,788        16,619    -45,348     63,474    -66,617     -3,143     -13,474    -61,965

1999:
I.................................................   163,949    -236,973    -73,024         947         1,910        17,491    -52,676     63,396    -66,516     -3,120     -10,831    -66,627
II................................................   166,443    -250,427    -83,984       1,188         1,979        17,517    -63,300     66,697    -70,842     -4,145     -11,537    -78,982
III...............................................   173,881    -266,199    -92,318         318         1,428        17,854    -72,718     71,115    -76,650     -5,535     -11,396    -89,649
IV................................................   180,085    -276,318    -96,233         231         1,478        18,244    -76,280     74,959    -80,642     -5,683     -14,260    -96,223

2000:
I.................................................   183,728    -289,566   -105,838         252         1,549        18,920    -85,117     80,877    -85,241     -4,364     -12,024   -101,505
II................................................   191,783    -302,014   -110,231         268         2,296        19,069    -88,598     87,653    -91,756     -4,103     -12,270   -104,971
III .............................................   200,385    -315,801   -115,416         270         1,270        17,373    -96,503     86,810    -91,328     -4,518     -12,752   -113,773
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\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-103.--U.S. international transactions, 1946-2000--Continued
[Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits (+), debits (^)]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Financial account                                        Statistical
-----------------------------------------------------------------------------------       discrepancy
U.S.-owned assets abroad, net  [increase/    Foreign-owned assets in the U.S., -----------------------
Capital                 financial outflow (-)]               net  [increase/financial inflow     Total
Year or quarter            account    ------------------------------------------------                (+)]                 (sum of    Of  which:
transactions,                 U.S.                            -----------------------------------    the       Seasonal
net \2\                  official    Other U.S.     U.S.                  Foreign     Other      items     adjustment
Total       reserve    Government   private    Total       official    foreign   with sign  discrepancy
assets\2\    assets\2\    assets               assets \2\  assets     reversed)
---------------------------------------------------------------\5\---------------------------------------------  ---------------------------------------
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     -127,882       -4,965       -6,131   -116,786      96,589       3,593     92,997     36,630  ...........
1983..........................          209      -66,373       -1,196       -5,006    -60,172      88,694       5,845     82,849     16,162  ...........
1984..........................          235      -40,376       -3,131       -5,489    -31,757     117,752       3,140    114,612     16,733  ...........
1985..........................          315      -44,752       -3,858       -2,821    -38,074     146,115      -1,119    147,233     16,478  ...........
1986..........................          301     -111,723          312       -2,022   -110,014     230,009      35,648    194,360     28,590  ...........
1987..........................          365      -79,296        9,149        1,006    -89,450     248,634      45,387    203,247     -9,048  ...........
1988..........................          493     -106,573       -3,912        2,967   -105,628     246,522      39,758    206,764    -19,289  ...........
1989..........................          336     -175,383      -25,293        1,233   -151,323     224,928       8,503    216,425     47,101  ...........

1990..........................       -6,579      -81,234       -2,158        2,317    -81,393     141,571      33,910    107,661     23,204  ...........
1991..........................       -4,479      -64,388        5,763        2,924    -73,075     110,808      17,389     93,420    -48,557  ...........
1992..........................          612      -74,410        3,901       -1,667    -76,644     170,663      40,477    130,186    -49,141  ...........
1993..........................          -88     -200,552       -1,379         -351   -198,822     282,040      71,753    210,287      1,281  ...........
1994..........................         -469     -176,056        5,346         -390   -181,012     305,989      39,583    266,406    -10,859  ...........
1995..........................          372     -352,376       -9,742         -984   -341,650     465,684     109,880    355,804     -4,223  ...........
1996..........................          693     -413,923        6,668         -989   -419,602     571,706     126,724    444,982    -35,158  ...........
1997..........................          350     -488,940       -1,010           68   -487,998     756,962      18,876    738,086   -127,832  ...........
1998..........................          637     -335,436       -6,783         -422   -328,231     482,235     -20,127    502,362     69,702  ...........
1999..........................       -3,500     -430,187        8,747        2,751   -441,685     753,564      42,864    710,700     11,602  ...........

1998:
I...........................          149      -68,887         -444          -80    -68,363      86,840      10,967     75,873     24,288       5,720
II..........................          157     -141,617       -1,945         -483   -139,189     167,085     -10,235    177,320     25,850      -1,578
III.........................          155      -53,027       -2,025          188    -51,190      82,790     -46,651    129,441     31,391     -11,014
IV..........................          176      -71,904       -2,369          -47    -69,488     145,520      25,792    119,728    -11,827       6,872

1999:
I...........................          157      -21,555        4,068          118    -25,741     102,780       4,274     98,506    -14,755       5,514
II..........................          165     -170,842        1,159         -392   -171,609     272,008      -1,096    273,104    -22,349      -1,511
III.........................          171     -122,909        1,951         -686   -124,174     194,210      12,191    182,019     18,177      -9,739
IV..........................       -3,993     -114,882        1,569        3,711   -120,162     184,567      27,495    157,072     30,531       5,738

2000:
I...........................          166     -178,958         -554         -131   -178,273     236,535      22,015    214,520     43,762       5,724
II..........................          170      -92,424        2,020         -574    -93,870     245,149       6,346    238,803    -47,924      -2,515
III .......................          165      -77,204         -346          110    -76,968     200,169      11,625    188,544     -9,357      -9,691
--------------------------------------------------------------------------------------------------------------------------------------------------------
\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.