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Country vs country: Japan and United States compared: Economy > Balance of payments > Current account > Goods > Services and income stats

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Definitions

  • 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."
  • 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."
  • 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.
  • 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."
  • Goods > Exports > Current US$: Goods exports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from residents to nonresidents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Imports > Goods and services > Current : Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Income receipts > BoP > Current US$: 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."
  • 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."
  • 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."
STAT Japan United States HISTORY
Communications > Computer > Etc. > % of ser 62.91%
Ranked 15th. 28% more than United States
49.17%
Ranked 31st.

Exports > Goods and services > Current U $673.62 billion
Ranked 5th.
$1.57 trillion
Ranked 2nd. 2 times more than Japan

Exports of goods > Services > Income and wo $850.26 billion
Ranked 6th.
$2.16 trillion
Ranked 2nd. 3 times more than Japan

Exports of goods > Services and income $848.83 billion
Ranked 6th.
$2.16 trillion
Ranked 2nd. 3 times more than Japan

Goods > Exports > Current US$ $545.28 billion
Ranked 5th.
$1.07 trillion
Ranked 4th. 97% more than Japan

Imports > Goods and services > Current $650.36 billion
Ranked 6th.
$1.95 trillion
Ranked 2nd. 3 times more than Japan

Income receipts > BoP > Current US$ $175.22 billion
Ranked 6th.
$588.20 billion
Ranked 2nd. 3 times more than Japan

Royalty and license fees > Receipts > BoP, $21.70 billion
Ranked 3rd.
$89.79 billion
Ranked 1st. 4 times more than Japan

Salary and investment income to foreigner 43.88 billion
Ranked 17th.
466.78 billion
Ranked 2nd. 11 times more than Japan

SOURCES: x; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

Citation

"Economy > Balance of payments > Current account > Goods > Services and income: Japan and United States compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Japan/United-States/Economy/Balance-of-payments/Current-account/Goods/Services-and-income