×

Economy > Balance of payments Stats: compare key data on Eritrea & India

Compare vs for  

Definitions

  • Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars."
  • Capital and financial account > Foreign direct investment > Net inflows in reporting econ: Foreign direct investment (net) shows the net change in foreign investment in the reporting country. Foreign direct investment is defined as investment that is made to acquire a lasting management interest (usually of 10 percent of voting stock) in an enterprise operating in a country other than that of the investor (defined according to residency), the investor's purpose being an effective voice in the management of the enterprise. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars."
  • Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars."
  • Capital and financial account > Profit remittances on FDI > Current US$: Profit remittances on foreign direct investment covers payments of direct investment income (debit side), which consist of income on equity (dividends, branch profits, and reinvested earnings) and income on the intercompany debt (interest). Data are in current U.S. dollars."
  • Current account > Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
  • Current account > Balances > Net trade in goods > US$: Net trade in goods is the difference between exports and imports of goods. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Trade in services is not included. Data are in current U.S. dollars."
  • Current account > Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Current account > Goods > Services and income > Exports of goods > Services > Income and wo: Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.
  • Current account > Goods > Services and income > Salary and investment income to foreigner: Income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars."
  • Current account > Transfers > Current transfers > Receipts > BoP > Current US$: Current transfers (receipts) are recorded in the balance of payments whenever an economy receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars."
  • Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
  • Foreign investment > Net > USD: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars."
  • Migrant capital transfers > Investment grants and debt forgiveness BoP > Current US$: Net capital account includes government debt forgiveness, investment grants in cash or in kind by a government entity, and taxes on capital transfers. Also included are migrants' capital transfers and debt forgiveness and investment grants by nongovernmental entities. Data are in current U.S. dollars."
  • Reserves and other items > Total > Reserves in months of imports: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services they could pay for [Reserves/(Imports/12)]."
  • Shares > Current US$ > DRS: Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars."
  • Current account > Balances > Net trade in goods and services > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
  • Current account > Goods > Services and income > Exports of goods > Services and income: Exports of goods, services and income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts. Data are in current U.S. dollars."
  • Reserves and other items > Total > Reserves minus gold > Current US$: Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars."
  • Current account > Goods > Services and income > Royalty and license fees > Receipts > BoP,: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars."
  • Reserves and other items > Total > Reserves > % of total external debt: International reserves to total external debt stocks.
  • Reserves and other items > Technical cooperation grants > Current US$: Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars."
  • Current account > Balances > Current account balance > % of GDP: Current account balance is the sum of net exports of goods, services, net income, and net current transfers."
  • Reserves and other items > Grants > Excluding technical cooperation > Current US$: Grants are defined as legally binding commitments that obligate a specific value of funds available for disbursement for which there is no repayment requirement. Data are in current U.S. dollars.
  • Current account > Transfers > Net current transfers > BoP > Current US$: Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars."
  • Current account > Goods > Services and income > Imports > Goods and services > Current : Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Current account > Transfers > Workers' remittances and compensation of employees > Receiv: Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year. Data are in current U.S. dollars."
  • Current account > Goods > Services and income > Income receipts > BoP > Current US$: Income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars."
  • Current account > Goods > Services and income > Communications > Computer > Etc. > % of ser: Communications, computer, information, and other services (% of service exports, BoP) cover international telecommunications and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; and government services not included elsewhere. Service exports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies."
  • Foreign investment > Net > % of GDP: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP."
  • Current account > Goods > Services and income > Goods > Exports > Current US$: Goods exports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from residents to nonresidents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
STAT Eritrea India HISTORY
Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $35,555.56
Ranked 169th.
$34.58 billion
Ranked 8th. 972483 times more than Eritrea

Capital and financial account > Foreign direct investment > Net inflows in reporting econ $35,555.56
Ranked 118th.
$34.58 billion
Ranked 3rd. 972478 times more than Eritrea

Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $-22,870,124.57
Ranked 91st.
$-620,894,921.56
Ranked 99th. 27 times more than Eritrea

Capital and financial account > Profit remittances on FDI > Current US$ 0.0
Ranked 89th.
0.0
Ranked 91st.

Current account > Balances > Current account balance > Current US$ $-104,657,012.46
Ranked 71st.
$-26,625,761,171.01
Ranked 135th. 254 times more than Eritrea

Current account > Balances > Net trade in goods > US$ $-434,561,297.25
Ranked 88th.
$-78,816,268,503.09
Ranked 140th. 181 times more than Eritrea

Current account > Goods > Services and income > Exports > Goods and services > Current U $97.72 million
Ranked 148th.
$258.82 billion
Ranked 16th. 2649 times more than Eritrea

Current account > Goods > Services and income > Exports of goods > Services > Income and wo $106.86 million
Ranked 148th.
$321.15 billion
Ranked 16th. 3005 times more than Eritrea

Current account > Goods > Services and income > Salary and investment income to foreigner 10.54 million
Ranked 147th.
20.25 billion
Ranked 25th. 1920 times more than Eritrea

Current account > Transfers > Current transfers > Receipts > BoP > Current US$ $306.06 million
Ranked 80th.
$51.20 billion
Ranked 1st. 167 times more than Eritrea

Financial > Reserves 61.15 million
Ranked 30th.
-16,820,364,915.9
Ranked 137th.

Foreign investment > Net > USD 27.88 million
Ranked 108th.
19.72 billion
Ranked 4th. 708 times more than Eritrea

Migrant capital transfers > Investment grants and debt forgiveness BoP > Current US$ $569,827.55
Ranked 88th.
0.0
Ranked 101st.

Reserves and other items > Total > Reserves in months of imports 0.85
Ranked 140th.
9.81
Ranked 14th. 12 times more than Eritrea

Shares > Current US$ > DRS 0.0
Ranked 61st.
$21.11 billion
Ranked 3rd.

Current account > Balances > Net trade in goods and services > Current US$ $-402,025,655.07
Ranked 93th.
$-69,213,838,687.21
Ranked 141st. 172 times more than Eritrea

Current account > Goods > Services and income > Exports of goods > Services and income $106.86 million
Ranked 148th.
$272.56 billion
Ranked 17th. 2551 times more than Eritrea

Reserves and other items > Total > Reserves minus gold > Current US$ $57.90 million
Ranked 163th.
$265.18 billion
Ranked 6th. 4580 times more than Eritrea

Current account > Goods > Services and income > Royalty and license fees > Receipts > BoP, $94,115.12
Ranked 77th.
$192.56 million
Ranked 28th. 2046 times more than Eritrea

Reserves and other items > Total > Reserves > % of total external debt 6.02%
Ranked 105th.
119.77%
Ranked 16th. 20 times more than Eritrea

Reserves and other items > Technical cooperation grants > Current US$ $9.59 million
Ranked 107th.
$276.29 million
Ranked 8th. 29 times more than Eritrea

Current account > Balances > Current account balance > % of GDP -16.52%
Ranked 139th. 8 times more than India
-2.03%
Ranked 59th.

Reserves and other items > Grants > Excluding technical cooperation > Current US$ $108.67 million
Ranked 86th.
$1.17 billion
Ranked 10th. 11 times more than Eritrea

Current account > Transfers > Net current transfers > BoP > Current US$ $298.77 million
Ranked 54th.
$49.10 billion
Ranked 1st. 164 times more than Eritrea

Current account > Goods > Services and income > Imports > Goods and services > Current $499.74 million
Ranked 134th.
$328.04 billion
Ranked 13th. 656 times more than Eritrea

Current account > Transfers > Workers' remittances and compensation of employees > Receiv $3.28 million
Ranked 142nd.
$49.47 billion
Ranked 2nd. 15060 times more than Eritrea

Current account > Goods > Services and income > Income receipts > BoP > Current US$ $9.14 million
Ranked 138th.
$13.73 billion
Ranked 24th. 1503 times more than Eritrea

Current account > Goods > Services and income > Communications > Computer > Etc. > % of ser 25.86%
Ranked 79th.
70.16%
Ranked 6th. 3 times more than Eritrea

Foreign investment > Net > % of GDP 0.0
Ranked 156th.
2.64%
Ranked 82nd.

Current account > Goods > Services and income > Goods > Exports > Current US$ $36.81 million
Ranked 148th.
$168.22 billion
Ranked 18th. 4570 times more than Eritrea

SOURCES: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; x; World Bank, Global Development Finance.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; International Monetary Fund, International Financial Statistics and data files.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; World Bank staff estimates based on IMF balance of payments data.; International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, Global Development Finance, and World Bank and OECD GDP estimates.

Citation

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.

×