[Economic Report of the President (2005)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]

 
INTERNATIONAL STATISTICS

Table B-103.--U.S. international transactions, 1946-2004
[Millions of dollars; quarterly data seasonally adjusted. 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 \2\    account
tions\2\                     net                                        income
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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    -498,438   -111,037     -7,599        7,501        30,270    -80,864    171,742   -143,192     28,550     -26,654    -78,968
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        39,283    -39,093    133,766   -109,531     24,234     -33,133    -47,991
1993..................................................   456,943    -589,394   -132,451      1,385       19,714        41,156    -70,195    136,057   -110,741     25,316     -37,108    -81,987
1994..................................................   502,859    -668,690   -165,831      2,570       16,305        48,577    -98,379    166,521   -149,375     17,146     -36,799   -118,032
1995..................................................   575,204    -749,374   -174,170      4,600       21,772        51,533    -96,265    210,244   -189,353     20,891     -34,104   -109,478
1996..................................................   612,113    -803,113   -191,000      5,385       25,015        56,658   -103,942    226,129   -203,811     22,318     -38,583   -120,207
1997..................................................   678,366    -876,470   -198,104      4,968       22,152        62,806   -108,178    256,804   -244,195     12,609     -40,410   -135,979
1998..................................................   670,416    -917,103   -246,687      5,220       10,210        66,389   -164,868    261,308   -257,554      3,754     -48,443   -209,557
1999..................................................   683,965  -1,029,980   -346,015      2,593        7,085        73,085   -263,252    293,222   -280,037     13,185     -46,755   -296,822

2000..................................................   771,994  -1,224,408   -452,414        317        2,486        71,267   -378,344    350,449   -329,864     20,585     -55,684   -413,443
2001..................................................   718,712  -1,145,900   -427,188     -2,296       -3,254        70,046   -362,692    286,692   -263,120     23,572     -46,581   -385,701
2002..................................................   681,833  -1,164,728   -482,895     -7,158       -3,451        71,769   -421,735    266,799   -259,626      7,173     -59,382   -473,944
2003..................................................   713,122  -1,260,674   -547,552    -12,626      -10,303        73,973   -496,508    294,385   -261,106     33,279     -67,439   -530,668

2002: I...............................................   165,123    -273,520   -108,397     -1,574         -802        17,014    -93,759     63,455    -62,490        965     -17,411   -110,205
II..............................................   172,034    -291,395   -119,361     -1,882       -1,073        18,943   -103,373     67,306    -68,260       -954     -13,562   -117,889
III.............................................   174,371    -296,778   -122,407     -1,537         -901        17,929   -106,916     69,542    -68,199      1,343     -13,427   -119,000
IV..............................................   170,305    -303,035   -132,730     -2,165         -675        17,882   -117,688     66,496    -60,677      5,819     -14,980   -126,849

2003: I ..............................................   173,459    -311,402   -137,943     -2,905       -2,745        18,207   -125,386     67,677    -63,682      3,995     -16,815   -138,206
II .............................................   174,554    -310,087   -135,533     -3,215       -3,183        18,551   -123,380     68,893    -63,019      5,874     -16,369   -133,875
III ............................................   178,251    -312,886   -134,635     -3,047       -3,088        18,520   -122,250     73,785    -66,524      7,261     -16,639   -131,628
IV .............................................   186,858    -326,299   -139,441     -3,459       -1,287        18,693   -125,494     84,030    -67,879     16,151     -17,617   -126,960

2004: I...............................................   193,920    -344,688   -150,768     -3,534       -2,668        18,368   -138,602     83,528    -71,364     12,164     -20,726   -147,164
II..............................................   199,315    -362,895   -163,580     -3,475       -2,543        18,514   -151,084     88,419    -83,382      5,037     -18,344   -164,391
III p...........................................   204,610    -371,341   -166,731     -3,832       -2,922        18,143   -155,342     92,879    -87,598      5,281     -14,648  -164,709
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\1\ Adjusted from Census data for differences in valuation, coverage, and timing; excludes military.
\2\ 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, 1946-2004--Continued
[Millions of dollars; quarterly data seasonally adjusted. 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                   official  Other U.S.     U.S.                  Foreign     Other      items     adjustment
Total     reserve   Government   private    Total       official    foreign   with sign  discrepancy
assets\3\    assets      assets                assets     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         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     25,211  ...........
1991.............................       -4,479      -64,388      5,763       2,924    -73,075     110,808      17,389     93,420    -45,688  ...........
1992.............................         -557      -74,410      3,901      -1,667    -76,644     170,663      40,477    130,186    -47,705  ...........
1993.............................       -1,299     -200,552     -1,379        -351   -198,822     282,040      71,753    210,287      1,797  ...........
1994.............................       -1,723     -178,937      5,346        -390   -183,893     305,989      39,583    266,406     -7,297  ...........
1995.............................         -927     -352,264     -9,742        -984   -341,538     438,562     109,880    328,682     24,107  ...........
1996.............................         -654     -413,409      6,668        -989   -419,088     551,096     126,724    424,372    -16,826  ...........
1997.............................       -1,044     -485,475     -1,010          68   -484,533     706,809      19,036    687,773    -84,311  ...........
1998.............................         -740     -347,829     -6,783        -422   -340,624     423,569     -19,903    443,472    134,557  ...........
1999.............................       -4,843     -503,640      8,747       2,750   -515,137     740,210      43,543    696,667     65,095  ...........

2000.............................         -809     -569,798       -290        -941   -568,567   1,046,896      42,758  1,004,138    -62,846  ...........
2001.............................       -1,083     -366,768     -4,911        -486   -361,371     782,859      28,059    754,800    -29,307  ...........
2002.............................       -1,260     -198,014     -3,681         345   -194,678     768,246     113,990    654,256    -95,028  ...........
2003.............................       -3,079     -283,414      1,523         537   -285,474     829,173     248,573    580,600    -12,012  ...........

2002: I..........................         -281      -34,144        390         133    -34,667     165,989      12,801    153,188    -21,359      10,292
II.........................         -271     -133,373     -1,843          42   -131,572     229,135      53,312    175,823     22,398      -1,206
III........................         -361       21,574     -1,416         -27     23,017     150,075      17,720    132,355    -52,288     -14,052
IV.........................         -347      -52,069       -812         197    -51,454     223,047      30,157    192,890    -43,782       4,963

2003: I..........................         -406     -102,665         83          53   -102,801     246,105      48,986    197,119     -4,828      11,091
II.........................       -1,552     -110,962       -170         310   -111,102     218,553      65,245    153,308     27,836      -3,121
III........................         -821       -8,138       -611         483     -8,010     134,202      50,663     83,539      6,385     -13,418
IV.........................         -300      -61,647      2,221        -309    -63,559     230,311      83,679    146,632    -41,404       5,449

2004: I..........................         -396     -306,729        557         727   -308,013     445,348     127,864    317,484      8,941      11,839
II.........................         -324     -105,810      1,122          -2   -106,930     270,745      73,349    197,396       -220      -5,558
III p......................         -374     -133,176        429         183   -133,788     286,412      60,118    226,294     11,847    -15,068
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\3\ 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.