[Economic Report of the President (2007)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] INTERNATIONAL STATISTICS Table B-103.--U.S. international transactions, 1946-2006 [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 -5,275 16,560 34,516 -31,136 149,214 -125,085 24,131 9,904 2,897 1992.................................................. 439,631 -536,528 -96,897 -1,448 19,969 39,163 -39,212 133,767 -109,532 24,235 -35,100 -50,078 1993.................................................. 456,943 -589,394 -132,451 1,383 19,714 41,040 -70,311 136,057 -110,741 25,316 -39,811 -84,805 1994.................................................. 502,859 -668,690 -165,831 2,570 16,305 48,463 -98,493 166,521 -149,375 17,146 -40,265 -121,612 1995.................................................. 575,204 -749,374 -174,170 4,600 21,772 51,414 -96,384 210,244 -189,353 20,891 -38,074 -113,567 1996.................................................. 612,113 -803,113 -191,000 5,385 25,015 56,535 -104,065 226,129 -203,811 22,318 -43,017 -124,764 1997.................................................. 678,366 -876,470 -198,104 4,968 22,152 63,035 -107,949 256,804 -244,195 12,609 -45,062 -140,402 1998.................................................. 670,416 -917,103 -246,687 5,220 10,210 66,651 -164,606 261,819 -257,554 4,265 -53,187 -213,528 1999.................................................. 683,965 -1,029,980 -346,015 2,593 7,085 73,051 -263,286 293,925 -280,037 13,888 -50,428 -299,826 2000.................................................. 771,994 -1,224,408 -452,414 317 2,486 72,052 -377,559 350,918 -329,864 21,054 -58,645 -415,150 2001.................................................. 718,712 -1,145,900 -427,188 -2,296 -3,254 69,943 -362,795 288,251 -263,120 25,131 -51,295 -388,959 2002.................................................. 682,422 -1,164,720 -482,298 -7,158 -4,245 72,633 -421,068 270,652 -258,443 12,209 -63,587 -472,446 2003.................................................. 713,415 -1,260,717 -547,302 -12,527 -11,553 76,485 -494,897 303,062 -266,469 36,593 -69,210 -527,514 2004.................................................. 807,516 -1,472,926 -665,410 -13,832 -12,800 80,746 -611,296 374,913 -347,321 27,592 -81,582 -665,286 2005.................................................. 894,631 -1,677,371 -782,740 -11,024 -12,492 89,526 -716,730 474,647 -463,353 11,293 -86,072 -791,508 2005: I............................................... 214,189 -397,457 -183,268 -2,863 -4,124 22,147 -168,108 108,697 -105,076 3,621 -27,237 -191,724 II............................................... 222,591 -410,811 -188,220 -2,803 -2,831 21,796 -172,058 112,681 -110,687 1,994 -23,194 -193,258 III.............................................. 224,947 -423,693 -198,746 -2,300 -2,598 21,853 -181,792 122,081 -114,240 7,841 -9,464 -183,415 IV............................................... 232,904 -445,410 -212,506 -3,057 -2,940 23,729 -194,774 131,192 -133,351 -2,159 -26,176 -223,109 2006: I............................................... 244,512 -452,481 -207,969 -3,239 -2,740 22,808 -191,140 139,966 -142,482 -2,516 -19,542 -213,198 II............................................... 252,843 -463,441 -210,598 -3,514 -3,044 24,042 -193,114 156,038 -158,195 -2,157 -21,856 -217,127 III p............................................ 262,069 -480,681 -218,612 -3,798 -2,328 24,420 -200,318 160,791 -164,573 -3,782 -21,450 -225,550 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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, 1946-2006--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 -64,389 5,763 2,923 -73,075 110,809 17,388 93,421 -44,840 ........... 1992............................. -557 -74,410 3,901 -1,667 -76,644 170,663 40,476 130,185 -45,617 ........... 1993............................. -1,299 -200,551 -1,379 -351 -198,823 282,041 71,753 210,288 4,617 ........... 1994............................. -1,723 -178,937 5,346 -390 -183,893 305,989 39,583 266,406 -3,717 ........... 1995............................. -927 -352,264 -9,742 -984 -341,538 438,562 109,880 328,682 28,196 ........... 1996............................. -735 -413,409 6,668 -989 -419,088 551,096 126,724 424,372 -12,188 ........... 1997............................. -1,027 -485,475 -1,010 68 -484,533 706,809 19,036 687,773 -79,905 ........... 1998............................. -766 -353,829 -6,783 -422 -346,624 423,569 -19,903 443,472 144,554 ........... 1999............................. -4,939 -504,062 8,747 2,750 -515,559 740,210 43,543 696,667 68,617 ........... 2000............................. -1,010 -560,523 -290 -941 -559,292 1,046,896 42,758 1,004,138 -70,213 ........... 2001............................. -1,270 -382,616 -4,911 -486 -377,219 782,859 28,059 754,800 -10,014 ........... 2002............................. -1,470 -294,646 -3,681 345 -291,310 797,813 115,945 681,868 -29,251 ........... 2003............................. -3,321 -326,424 1,523 537 -328,484 864,769 278,275 586,494 -7,510 ........... 2004............................. -2,261 -867,802 2,805 1,710 -872,317 1,450,221 387,809 1,062,412 85,128 ........... 2005............................. -4,351 -426,801 14,096 5,539 -446,436 1,212,250 199,495 1,012,755 10,410 ........... 2005: I.......................... -2,691 -87,391 5,331 2,591 -95,313 224,128 18,965 205,163 57,678 13,192 II.......................... -589 -196,376 -797 989 -196,568 346,179 74,613 271,566 44,044 -4,862 III......................... -557 -132,380 4,766 1,501 -138,647 388,592 33,983 354,609 -72,240 -17,549 IV.......................... -514 -10,656 4,796 459 -15,911 253,350 71,934 181,416 -19,071 9,219 2006: I.......................... -1,756 -355,978 513 1,049 -357,540 527,498 75,697 451,801 43,434 10,437 II.......................... -1,003 -211,375 -560 1,765 -212,580 364,576 75,869 288,707 64,929 -3,040 III p....................... -551 -223,769 1,006 287 -225,062 400,161 80,775 319,386 49,709 -14,324 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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.