Definicija: provides information not only on international trade in goods (generally the largest category), but also on international transactions in services, income and current transfers. For all these transactions, the balance of payments registers the value of credits (exports) and debits (imports).

Definicija: provides information not only on international trade in goods (generally the largest category), but also on international transactions in services, income and current transfers. For all these transactions, the balance of payments registers the value of credits (exports) and debits (imports).

Definicija: a negative balance – shows that a country is spending abroad more than it is earning from transactions with other economies, and is therefore a net debtor towards the rest of the world

Definicija: a negative balance – shows that a country is spending abroad more than it is earning from transactions with other economies, and is therefore a net debtor towards the rest of the world