[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.