Concepts




Financial account


Financial balance sheets show intersectorial lending and borrowing relationships, i.e. each sector's debts to other sectors, as well as its receivables from other sectors. One sector's debt is another sector's receivable.

Financial balance sheets are classified into seven main categories which are subdivided into subcategories. The classification is consistent with the classification of financial transactions.



Statistics using the definition

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • EU

The financial account describes how the surplus or the deficit in the current account is invested or financed to and from abroad, respectively. The financial account comprises changes in foreign direct investment, portfolio investment, other investment, financial derivatives and central bank reserve assets. The sub-items of other investments include loans and deposits, trade credits, other equity, SDR allocations, insurance, pension and standardised guarantee schemes, and other accounts receivable/payable. The sectoral breakdown conforms to the official classification applied, for example, in the system of national accounts.



Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • IMF

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