[Economic Report of the President (2002)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] Table B-103. -- INTERNATIONAL STATISTICS Table B-103.--U.S. international transactions, 1946-2001 [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 -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................................................ 359,916 -477,665 -117,749 -6,749 3,551 27,805 -93,142 161,287 -141,463 19,824 -26,169 -99,486 1990................................................ 387,401 -498,435 -111,034 -7,599 7,501 30,270 -80,861 171,742 -143,192 28,550 -26,654 -78,965 1991................................................ 414,083 -491,020 -76,937 -5,274 16,561 34,516 -31,135 149,214 -125,084 24,130 10,752 3,747 1992................................................ 439,631 -536,528 -96,897 -1,448 19,969 41,918 -36,457 132,056 -109,101 22,954 -35,013 -48,515 1993................................................ 456,943 -589,394 -132,451 1,385 19,714 42,562 -68,791 134,159 -110,255 23,904 -37,637 -82,523 1994................................................ 502,859 -668,690 -165,831 2,570 16,305 50,278 -96,678 165,438 -148,744 16,694 -38,260 -118,244 1995................................................ 575,204 -749,374 -174,170 4,600 21,772 51,410 -96,388 211,502 -190,955 20,547 -34,057 -109,898 1996................................................ 612,113 -803,113 -191,000 5,385 25,015 58,757 -101,843 225,846 -204,859 20,987 -40,081 -120,937 1997................................................ 678,366 -876,485 -198,119 4,968 22,152 63,234 -107,765 260,558 -251,808 8,750 -40,794 -139,809 1998................................................ 670,416 -917,112 -246,696 5,265 10,145 64,458 -166,828 259,238 -265,440 -6,202 -44,427 -217,457 1999................................................ 684,553 -1,029,987 -345,434 2,586 7,113 73,897 -261,838 285,302 -298,915 -13,613 -48,913 -324,364 2000................................................ 772,210 -1,224,417 -452,207 500 3,180 72,788 -375,739 352,866 -367,658 -14,792 -54,136 -444,667 1999: I................................................. 164,716 -238,709 -73,993 1,031 2,108 17,982 -52,872 64,893 -67,418 -2,525 -11,051 -66,448 II................................................ 166,267 -250,557 -84,290 1,220 1,887 18,317 -62,866 68,703 -71,619 -2,916 -11,596 -77,378 III............................................... 173,045 -264,777 -91,732 296 1,566 18,735 -71,135 73,506 -78,673 -5,167 -11,761 -88,063 IV................................................ 180,525 -275,944 -95,419 39 1,552 18,860 -74,968 78,202 -81,204 -3,002 -14,504 -92,474 2000: I................................................. 185,142 -292,547 -107,405 139 929 19,015 -87,322 82,389 -88,046 -5,657 -11,924 -104,903 II................................................ 191,558 -303,229 -111,671 528 1,571 18,788 -90,784 89,253 -94,142 -4,889 -12,461 -108,134 III............................................... 199,273 -313,884 -114,611 -212 177 17,306 -97,340 88,739 -93,624 -4,885 -13,080 -115,305 IV................................................ 196,237 -314,757 -118,520 45 500 17,682 -100,293 92,486 -91,844 642 -16,673 -116,324 2001: I................................................. 194,942 -307,462 -112,520 -187 584 17,100 -95,023 85,532 -90,553 -5,021 -11,734 -111,778 II................................................ 185,864 -293,522 -107,658 -151 -331 17,597 -90,543 76,878 -81,873 -4,995 -12,038 -107,576 III ............................................. 173,775 -279,603 -105,828 -652 332 28,561 -77,587 70,447 -75,485 -5,038 -12,355 -94,980 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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, 1946-2001--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) ---------------------------------------------------------------\4\--------------------------------------------- --------------------------------------- 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 -1,467 366 -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 49,605 ........... 1990.......................... -6,579 -81,234 -2,158 2,317 -81,393 141,571 33,910 107,661 25,208 ........... 1991.......................... -4,479 -64,388 5,763 2,924 -73,075 110,808 17,389 93,420 -45,688 ........... 1992.......................... 612 -74,410 3,901 -1,667 -76,644 170,663 40,477 130,186 -48,350 ........... 1993.......................... -88 -200,552 -1,379 -351 -198,822 282,040 71,753 210,287 1,123 ........... 1994.......................... -469 -176,056 5,346 -390 -181,012 305,989 39,583 266,406 -11,220 ........... 1995.......................... 372 -352,376 -9,742 -984 -341,650 465,684 109,880 355,804 -3,782 ........... 1996.......................... 693 -413,923 6,668 -989 -419,602 586,038 126,724 459,314 -51,871 ........... 1997.......................... 350 -487,599 -1,010 68 -486,657 759,290 19,036 740,254 -132,232 ........... 1998.......................... 678 -359,632 -6,783 -422 -352,427 504,464 -19,948 524,412 71,947 ........... 1999.......................... -3,491 -437,067 8,747 2,751 -448,565 813,744 43,551 770,193 -48,822 ........... 2000.......................... 705 -580,952 -290 -944 -579,718 1,024,218 37,619 986,599 696 ........... 1999: I........................... 158 -43,657 4,068 118 -47,843 130,758 4,164 126,594 -20,811 6,425 II.......................... 167 -170,707 1,159 -392 -171,474 278,047 -736 278,783 -30,129 -711 III......................... 173 -114,931 1,951 -686 -116,196 172,119 12,721 159,398 30,702 -10,320 IV.......................... -3,989 -107,769 1,569 3,711 -113,049 232,820 27,402 205,418 -28,588 4,602 2000: I........................... 173 -198,105 -554 -127 -197,424 256,782 22,498 234,284 46,053 8,501 II.......................... 173 -93,573 2,020 -572 -95,021 250,007 6,447 243,560 -48,473 -2,380 III......................... 175 -107,727 -346 114 -107,495 222,108 12,247 209,861 749 -9,977 IV.......................... 184 -181,548 -1,410 -359 -179,779 295,321 -3,573 298,894 2,367 3,856 2001: I........................... 173 -243,120 190 21 -243,331 346,660 4,898 341,762 8,065 8,821 II.......................... 177 -72,175 -1,343 -786 -70,046 226,581 -20,879 247,460 -47,007 -1,835 III ....................... 182 -15,383 -3,559 23 -11,847 52,111 16,814 35,297 58,070 -8,617 -------------------------------------------------------------------------------------------------------------------------------------------------------- \4\ 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.