Table 1. U.S. International Transactions [Millions of dollars] Line (Credits +; debits -) (1) 2008 2009 (p) Current account 1 Exports of goods and services and income receipts 2,591,233 2,115,929 2 Exports of goods and services 1,826,596 1,554,718 3 Goods, balance of payments basis (2) 1,276,994 1,045,543 4 Services (3) 549,602 509,175 5 Transfers under U.S. military agency sales contracts (4) 22,571 26,051 6 Travel 110,090 94,194 7 Passenger fares 31,623 26,878 8 Other transportation 58,945 44,935 9 Royalties and license fees (5) 91,599 84,418 10 Other private services (5) 233,529 231,336 11 U.S. government miscellaneous services 1,245 1,364 12 Income receipts 764,637 561,211 13 Income receipts on U.S.-owned assets abroad 761,593 558,256 14 Direct investment receipts 370,747 301,842 15 Other private receipts 385,940 251,623 16 U.S. government receipts 4,906 4,790 17 Compensation of employees 3,044 2,956 18 Imports of goods and services and income payments -3,168,938 -2,405,555 19 Imports of goods and services -2,522,532 -1,933,347 20 Goods, balance of payments basis (2) -2,117,245 -1,562,588 21 Services (3) -405,287 -370,759 22 Direct defense expenditures 36,452 -35,677 23 Travel -79,743 -73,077 24 Passenger fares -32,597 -25,996 25 Other transportation -72,143 -54,688 26 Royalties and license fees (5) -26,616 -23,858 27 Other private services (5) -153,267 -152,574 28 U.S. government miscellaneous services -4,469 -4,889 29 Income payments -646,406 -472,208 30 Income payments on foreign- owned assets in the United States -636,043 -462,163 31 Direct investment payments -120,862 -95,045 32 Other private payments -349,871 -235,015 33 U.S. government payments -165,310 -132,103 34 Compensation of employees -10 -10,045 35 Unilateral current transfers, net -128,363 -130,243 36 U.S. government grants (4) -36,003 -40,930 37 U.S. government pensions and other transfers -8,390 -9,359 38 Private remittances and other transfers (6) -83,970 -79,955 Capital account 39 Capital account transactions, net 953 -2,859 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -106 -237,454 41 U.S. official reserve assets -4,848 -52,256 42 Gold (7) 0 0 43 Special drawing rights -106 -48 44 Reserve position in the International Monetary Fund -3,473 -3,357 45 Foreign currencies -1,269 -669 46 U.S. government assets, other than official reserve assets -529,615 541,776 47 U.S. credits and other long-term assets -2,202 -3,768 48 Repayments on U.S. credits and other long-term assets (8) 2,354 2,117 49 U.S. foreign currency holdings and U.S. short-term assets -529,766 543,426 50 U.S. private assets 534,357 -726,974 51 Direct investment -332,012 -220,972 52 Foreign securities 60,761 -221,539 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 372,229 135,836 54 U.S. claims reported by U.S. banks and securities brokers (14) 433,379 -420,299 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 534,071 435,236 56 Foreign official assets in the United States 487,021 447,575 57 U.S. government securities 543,498 451,108 58 U.S. Treasury securities (9) 477,652 490,125 59 Other (10) 65,846 -39,017 60 Other U.S. government liabilities (11) 8,626 58,461 61 U.S. liabilities reported by U.S. banks and securities brokers -153,443 -71,588 62 Other foreign official assets (12) 88,340 9,594 63 Other foreign assets in the United States 47,050 -12,339 64 Direct investment 319,737 152,086 65 U.S. Treasury securities 196,619 37,620 66 U.S. securities other than U.S. Treasury securities -126,737 -6,614 67 U.S. currency 29,187 12,632 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns -45,167 26,965 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -326,589 -235,028 70 Financial derivatives, net -28,905 n.a. 71 Statistical discrepancy (sum of above items with sign reversed) 200,055 224,946 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -840,252 -517,045 73 Balance on services (lines 4 and 21) 144,316 138,416 74 Balance on goads and services (lines 2 and 19) -695,936 -378,628 75 Balance on income (lines 12 and 29) 118,231 89,003 76 Unilateral current transfers, net (line 35) -128,363 -130,243 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -706,068 -419,868 Not seasonally adjusted Line (Credits +; debits -) (1) 2008 I II Current account 1 Exports of goods and services and income receipts 645,378 678,730 2 Exports of goods and services 443,619 477,608 3 Goods, balance of payments basis (2) 311,581 337,116 4 Services (3) 132,038 140,492 5 Transfers under U.S. military agency sales contracts (4) 6,226 5,931 6 Travel 24,065 29,099 7 Passenger fares 7,078 7,735 8 Other transportation 14,183 15,519 9 Royalties and license fees (5) 21,563 25,195 10 Other private services (5) 58,624 56,707 11 U.S. government miscellaneous services 299 307 12 Income receipts 201,760 201,122 13 Income receipts on U.S.-owned assets abroad 200,996 200,355 14 Direct investment receipts 97,256 102,871 15 Other private receipts 103,024 96,756 16 U.S. government receipts 716 727 17 Compensation of employees 764 767 18 Imports of goods and services and income payments -767,973 -837,977 19 Imports of goods and services -603,146 -664,059 20 Goods, balance of payments basis (2) -509,145 -558,740 21 Services (3) -94,001 -105,319 22 Direct defense expenditures -8,769 -8,986 23 Travel -17,462 -22,972 24 Passenger fares -7,296 -8,722 25 Other transportation -17,232 -18,870 26 Royalties and license fees (5) -6,390 -6,398 27 Other private services (5) -35,768 -38,279 28 U.S. government miscellaneous services -1,083 -1,092 29 Income payments -164,827 -173,918 30 Income payments on foreign- owned assets in the United States -162,272 -171,483 31 Direct investment payments -25,889 -41,603 32 Other private payments -94,416 -87,061 33 U.S. government payments -41,967 -42,819 34 Compensation of employees -2,555 -2,434 35 Unilateral current transfers, net -33,906 -30,428 36 U.S. government grants (4) -10,335 -7,893 37 U.S. government pensions and other transfers -1,680 -2,014 38 Private remittances and other transfers (6) -21,891 -20,521 Capital account 39 Capital account transactions, net -637 -682 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -258,949 104,059 41 U.S. official reserve assets -276 -1,267 42 Gold (7) 0 0 43 Special drawing rights -29 -22 44 Reserve position in the International Monetary Fund 112 -955 45 Foreign currencies -359 -290 46 U.S. government assets, other than official reserve assets 3,268 -41,592 47 U.S. credits and other long-term assets -179 -1,106 48 Repayments on U.S. credits and other long-term assets (8) 490 497 49 U.S. foreign currency holdings and U.S. short-term assets 2,957 -40,983 50 U.S. private assets -261,941 146,918 51 Direct investment -97,240 -106,903 52 Foreign securities -47,870 -40,566 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 116,232 64,906 54 U.S. claims reported by U.S. banks and securities brokers (14) -233,063 229,481 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 425,368 4,205 56 Foreign official assets in the United States 208,646 178,826 57 U.S. government securities 185,239 169,365 58 U.S. Treasury securities (9) 106,005 76,220 59 Other (10) 79,234 93,145 60 Other U.S. government liabilities (11) 1,645 2,439 61 U.S. liabilities reported by U.S. banks and securities brokers -24,173 -29,697 62 Other foreign official assets (12) 45,935 36,719 63 Other foreign assets in the United States 216,722 -174,621 64 Direct investment 58,783 102,908 65 U.S. Treasury securities 16,127 18,947 66 U.S. securities other than U.S. Treasury securities -15,179 19,983 67 U.S. currency -6,750 230 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 73,211 -54,996 69 U.S. liabilities reported by U.S. banks and securities brokers (15) 90,530 -261,693 70 Financial derivatives, net -7,966 -2,355 71 Statistical discrepancy (sum of above items with sign reversed) -1,315 84,447 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -197,564 -221,624 73 Balance on services (lines 4 and 21) 38,037 35,173 74 Balance on goads and services (lines 2 and 19) -159,527 -186,451 75 Balance on income (lines 12 and 29) 36,933 27,204 76 Unilateral current transfers, net (line 35) -33,906 -30,428 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -156,501 -189,674 Not seasonally adjusted Line (Credits +; debits -) (1) 2008 III IV Current account 1 Exports of goods and services and income receipts 672,971 594,153 2 Exports of goods and services 478,003 427,366 3 Goods, balance of payments basis (2) 334,254 294,043 4 Services (3) 143,749 133,324 5 Transfers under U.S. military agency sales contracts (4) 5,120 5,295 6 Travel 32,831 24,095 7 Passenger fares 9,104 7,705 8 Other transportation 15,796 13,447 9 Royalties and license fees (5) 21,682 23,160 10 Other private services (5) 58,902 59,296 11 U.S. government miscellaneous services 313 326 12 Income receipts 194,969 166,787 13 Income receipts on U.S.-owned assets abroad 194,204 166,038 14 Direct investment receipts 95,752 74,868 15 Other private receipts 97,196 88,964 16 U.S. government receipts 1,256 2,206 17 Compensation of employees 765 749 18 Imports of goods and services and income payments -846,599 -716,389 19 Imports of goods and services -684,619 -570,708 20 Goods, balance of payments basis (2) -576,158 -473,202 21 Services (3) -108,461 -97,506 22 Direct defense expenditures -9,784 -8,913 23 Travel -22,410 -16,899 24 Passenger fares -8,784 -7,795 25 Other transportation -19,483 -16,558 26 Royalties and license fees (5) -7,493 -6,334 27 Other private services (5) -39,377 -39,843 28 U.S. government miscellaneous services -1,130 -1,164 29 Income payments -161,980 -145,681 30 Income payments on foreign- owned assets in the United States -159,471 -142,816 31 Direct investment payments -29,903 -23,466 32 Other private payments -88,504 -79,890 33 U.S. government payments -41,064 -39,460 34 Compensation of employees -2,509 -2,866 35 Unilateral current transfers, net -32,052 -31,977 36 U.S. government grants (4) -8,568 -9,207 37 U.S. government pensions and other transfers -1,538 -3,158 38 Private remittances and other transfers (6) -21,946 -19,612 Capital account 39 Capital account transactions, net 2,967 -695 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) 22,567 132,217 41 U.S. official reserve assets -179 -3,126 42 Gold (7) 0 0 43 Special drawing rights -30 -25 44 Reserve position in the International Monetary Fund 256 -2,886 45 Foreign currencies -405 -215 46 U.S. government assets, other than official reserve assets -225,997 -265,293 47 U.S. credits and other long-term assets -475 -442 48 Repayments on U.S. credits and other long-term assets (8) 695 672 49 U.S. foreign currency holdings and U.S. short-term assets -226,217 -265,523 50 U.S. private assets 248,743 400,637 51 Direct investment -60,870 -66,999 52 Foreign securities 79,182 70,015 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 87,352 103,739 54 U.S. claims reported by U.S. banks and securities brokers (14) 143,079 293,882 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 120,270 -15,772 56 Foreign official assets in the United States 115,573 -16,024 57 U.S. government securities 105,920 82,974 58 U.S. Treasury securities (9) 116,479 178,948 59 Other (10) -10,559 -95,974 60 Other U.S. government liabilities (11) 1,642 2,900 61 U.S. liabilities reported by U.S. banks and securities brokers 9,797 -109,370 62 Other foreign official assets (12) -1,786 7,472 63 Other foreign assets in the United States 4,697 252 64 Direct investment 65,128 92,918 65 U.S. Treasury securities 80,049 81,496 66 U.S. securities other than U.S. Treasury securities -102,512 -29,029 67 U.S. currency 5,845 29,862 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 76,442 -139,824 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -120,255 -35,171 70 Financial derivatives, net -4,075 -14,509 71 Statistical discrepancy (sum of above items with sign reversed) 63,951 52,972 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -241,904 -179,160 73 Balance on services (lines 4 and 21) 35,287 35,818 74 Balance on goads and services (lines 2 and 19) -206,617 -143,341 75 Balance on income (lines 12 and 29) 32,989 21,105 76 Unilateral current transfers, net (line 35) -32,052 -31,977 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -205,680 -154,213 Not seasonally adjusted Line (Credits +; debits -) (1) 2009 I II Current account 1 Exports of goods and services and income receipts 499,388 511,272 2 Exports of goods and services 364,527 374,661 3 Goods, balance of payments basis (2) 244,070 248,891 4 Services (3) 120,457 125,769 5 Transfers under U.S. military agency sales contracts (4) 5,437 6,976 6 Travel 20,734 23,822 7 Passenger fares 6,696 6,486 8 Other transportation 10,441 10,704 9 Royalties and license fees (5) 18,897 22,874 10 Other private services (5) 57,939 54,589 11 U.S. government miscellaneous services 312 319 12 Income receipts 134,861 136,611 13 Income receipts on U.S.-owned assets abroad 134,120 135,873 14 Direct investment receipts 62,689 73,119 15 Other private receipts 68,995 61,673 16 U.S. government receipts 2,436 1,081 17 Compensation of employees 741 738 18 Imports of goods and services and income payments -554,995 -577,468 19 Imports of goods and services -439,427 -457,641 20 Goods, balance of payments basis (2) -353,710 -363,611 21 Services (3) -85,718 -94,029 22 Direct defense expenditures -8,454 -8,831 23 Travel -16,083 -20,082 24 Passenger fares -6,444 -6,661 25 Other transportation -12,966 -12,954 26 Royalties and license fees (5) -5,672 -5,984 27 Other private services (5) -34,993 -38,331 28 U.S. government miscellaneous services -1,105 -1,186 29 Income payments -115,567 -119,827 30 Income payments on foreign- owned assets in the United States -113,062 -117,479 31 Direct investment payments -10,531 -25,402 32 Other private payments -66,038 -58,782 33 U.S. government payments -36,493 -33,295 34 Compensation of employees -2,505 -2,348 35 Unilateral current transfers, net -30,910 -32,179 36 U.S. government grants (4) -8,342 -10,841 37 U.S. government pensions and other transfers -1,842 -1,832 38 Private remittances and other transfers (6) -20,727 -19,507 Capital account 39 Capital account transactions, net -710 -719 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) 88,456 33,873 41 U.S. official reserve assets -982 -3,632 42 Gold (7) 0 0 43 Special drawing rights -15 -8 44 Reserve position in the International Monetary Fund -754 -3,485 45 Foreign currencies -213 -139 46 U.S. government assets, other than official reserve assets 244,102 193,750 47 U.S. credits and other long-term assets -240 -1,947 48 Repayments on U.S. credits and other long-term assets (8) 464 432 49 U.S. foreign currency holdings and U.S. short-term assets 243,858 195,265 50 U.S. private assets -154,664 -156,245 51 Direct investment -46,539 -50,967 52 Foreign securities -36,201 -92,589 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 17,477 14,519 54 U.S. claims reported by U.S. banks and securities brokers (14) -89,401 -27,208 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) -68,842 16,728 56 Foreign official assets in the United States 70,892 124,299 57 U.S. government securities 118,565 120,661 58 U.S. Treasury securities (9) 118,309 123,713 59 Other (10) 256 -3,052 60 Other U.S. government liabilities (11) 2,720 1,228 61 U.S. liabilities reported by U.S. banks and securities brokers -51,891 -732 62 Other foreign official assets (12) 1,498 3,142 63 Other foreign assets in the United States -139,734 -107,571 64 Direct investment 22,766 39,089 65 U.S. Treasury securities 53,716 -22,755 66 U.S. securities other than U.S. Treasury securities -55,992 13,917 67 U.S. currency 11,816 -1,935 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns -8,270 43,003 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -163,770 -178,890 70 Financial derivatives, net 8,407 11,265 71 Statistical discrepancy (sum of above items with sign reversed) 59,206 37,227 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -109,640 -114,720 73 Balance on services (lines 4 and 21) 34,740 31,740 74 Balance on goads and services (lines 2 and 19) -74,901 -82,980 75 Balance on income (lines 12 and 29) 19,294 16,784 76 Unilateral current transfers, net (line 35) -30,910 -32,179 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -86,517 -98,375 Not seasonally adjusted Line (Credits +; debits -) (1) 2009 III (r) IV (p) Current account 1 Exports of goods and services and income receipts 536,207 569,063 2 Exports of goods and services 393,921 421,609 3 Goods, balance of payments basis (2) 262,030 290,552 4 Services (3) 131,891 131,057 5 Transfers under U.S. military agency sales contracts (4) 7,076 6,562 6 Travel 27,205 22,433 7 Passenger fares 7,223 6,472 8 Other transportation 11,396 12,394 9 Royalties and license fees (5) 20,360 22,287 10 Other private services (5) 58,276 60,532 11 U.S. government miscellaneous services 355 377 12 Income receipts 142,286 147,453 13 Income receipts on U.S.-owned assets abroad 141,555 146,707 14 Direct investment receipts 80,813 85,221 15 Other private receipts 60,021 60,934 16 U.S. government receipts 721 552 17 Compensation of employees 731 746 18 Imports of goods and services and income payments -619,670 -653,422 19 Imports of goods and services -505,488 -530,791 20 Goods, balance of payments basis (2) -408,619 -436,648 21 Services (3) -96,869 -94,143 22 Direct defense expenditures -9,215 -9,177 23 Travel -20,943 -15,969 24 Passenger fares -6,710 -6,181 25 Other transportation -14,120 -14,647 26 Royalties and license fees (5) -5,774 -6,427 27 Other private services (5) -38,872 -40,378 28 U.S. government miscellaneous services -1,235 -1,364 29 Income payments -114,182 -122,632 30 Income payments on foreign- owned assets in the United States -111,743 -119,879 31 Direct investment payments -25,031 -34,081 32 Other private payments -55,223 -54,972 33 U.S. government payments -31,489 -30,826 34 Compensation of employees -2,439 -2,753 35 Unilateral current transfers, net -35,780 -31,374 36 U.S. government grants (4) -12,743 -9,004 37 U.S. government pensions and other transfers -2,684 -3,001 38 Private remittances and other transfers (6) -20,353 -19,368 Capital account 39 Capital account transactions, net -718 -713 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -276,096 -83,688 41 U.S. official reserve assets -49,021 1,379 42 Gold (7) 0 0 43 Special drawing rights -47,720 -487 44 Reserve position in the International Monetary Fund -1,098 1,980 45 Foreign currencies -203 -114 46 U.S. government assets, other than official reserve assets 57,736 46,187 47 U.S. credits and other long-term assets -616 -965 48 Repayments on U.S. credits and other long-term assets (8) 534 667 49 U.S. foreign currency holdings and U.S. short-term assets 57,818 46,485 50 U.S. private assets -284,811 -131,254 51 Direct investment -75,441 48,025 52 Foreign securities -46,967 -45,782 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 81,700 22,140 54 U.S. claims reported by U.S. banks and securities brokers (14) -244,103 -59,587 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 345,747 141,602 56 Foreign official assets in the United States 123,786 128,598 57 U.S. government securities 94,067 117,815 58 U.S. Treasury securities (9) 123,675 124,428 59 Other (10) -29,608 -6,613 60 Other U.S. government liabilities (11) 53,304 1,209 61 U.S. liabilities reported by U.S. banks and securities brokers -27,188 8,223 62 Other foreign official assets (12) 3,603 1,351 63 Other foreign assets in the United States 221,961 13,004 64 Direct investment 49,831 40,399 65 U.S. Treasury securities -8,896 15,555 66 U.S. securities other than U.S. Treasury securities 28,732 6,729 67 U.S. currency 4,179 -1,428 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 13,880 -21,648 69 U.S. liabilities reported by U.S. banks and securities brokers (15) 134,235 -26,603 70 Financial derivatives, net 11,496 n.a. 71 Statistical discrepancy (sum of above items with sign reversed) 38,813 58,531 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -146,589 -146,096 73 Balance on services (lines 4 and 21) 35,022 36,914 74 Balance on goads and services (lines 2 and 19) -111,567 -109,181 75 Balance on income (lines 12 and 29) 28,104 24,822 76 Unilateral current transfers, net (line 35) -35,780 -31,374 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -119,243 -115,733 Seasonally adjusted Line (Credits +; debits -) (1) 2008 I II Current account 1 Exports of goods and services and income receipts 654,217 671,886 2 Exports of goods and services 451,290 473,090 3 Goods, balance of payments basis (2) 315,637 332,876 4 Services (3) 135,653 140,214 5 Transfers under U.S. military agency sales contracts (4) 6,226 5,931 6 Travel 27,072 28,005 7 Passenger fares 7,522 7,950 8 Other transportation 14,541 15,601 9 Royalties and license fees (5) 22,633 23,212 10 Other private services (5) 57,359 59,209 11 U.S. government miscellaneous services 299 307 12 Income receipts 202,927 198,796 13 Income receipts on U.S.-owned assets abroad 202,163 198,028 14 Direct investment receipts 98,426 100,538 15 Other private receipts 103,024 96,756 16 U.S. government receipts 713 735 17 Compensation of employees 764 767 18 Imports of goods and services and income payments -800,185 -828,458 19 Imports of goods and services -633,943 -655,937 20 Goods, balance of payments basis (2) -534,482 -554,372 21 Services (3) -99,461 -101,565 22 Direct defense expenditures -6,769 -8,986 23 Travel -20,235 -20,109 24 Passenger fares -7,868 -8,029 25 Other transportation -17,956 -18,496 26 Royalties and license fees (5) -6,427 -6,537 27 Other private services (5) -37,122 -38,315 28 U.S. government miscellaneous services -1,083 -1,092 29 Income payments -166,241 -172,521 30 Income payments on foreign- owned assets in the United States -163,652 -169,951 31 Direct investment payments -27,269 -40,071 32 Other private payments -94,416 -87,061 33 U.S. government payments -41,967 -42,819 34 Compensation of employees -2,590 -2,571 35 Unilateral current transfers, net -33,330 -31,147 36 U.S. government grants (4) -10,335 -7,893 37 U.S. government pensions and other transfers -2,082 -2,097 38 Private remittances and other transfers (6) -20,913 -21,157 Capital account 39 Capital account transactions, net -637 -682 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -251,501 107,343 41 U.S. official reserve assets -276 -1,267 42 Gold (7) 0 0 43 Special drawing rights -29 -22 44 Reserve position in the International Monetary Fund 112 -955 45 Foreign currencies -359 -290 46 U.S. government assets, other than official reserve assets 3,268 -41,592 47 U.S. credits and other long-term assets -179 -1,106 48 Repayments on U.S. credits and other long-term assets (8) 490 497 49 U.S. foreign currency holdings and U.S. short-term assets 2,957 -40,983 50 U.S. private assets -254,493 150,202 51 Direct investment -89,792 -103,619 52 Foreign securities -47,870 -40,566 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 116,232 64,906 54 U.S. claims reported by U.S. banks and securities brokers (14) -233,063 229,481 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 426,058 2,003 56 Foreign official assets in the United States 208,646 178,826 57 U.S. government securities 185,239 169,365 58 U.S. Treasury securities (9) 106,005 76,220 59 Other (10) 79,234 93,145 60 Other U.S. government liabilities (11) 1,645 2,439 61 U.S. liabilities reported by U.S. banks and securities brokers -24,173 -29,697 62 Other foreign official assets (12) 45,935 36,719 63 Other foreign assets in the United States 217,412 -176,823 64 Direct investment 59,473 100,706 65 U.S. Treasury securities 16,127 18,947 66 U.S. securities other than U.S. Treasury securities -15,179 19,983 67 U.S. currency -6,750 230 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 73,211 -54,996 69 U.S. liabilities reported by U.S. banks and securities brokers (15) 90,530 -261,693 70 Financial derivatives, net -7,966 -2,355 71 Statistical discrepancy (sum of above items with sign reversed) 13,344 81,410 71a Of which: Seasonal adjustment discrepancy 14,659 -3,037 Memoranda: 72 Balance on goods (lines 3 and 20) -218,846 -221,496 73 Balance on services (lines 4 and 21) 36,192 38,649 74 Balance on goads and services (lines 2 and 19) -182,653 -182,847 75 Balance on income (lines 12 and 29) 36,686 26,274 76 Unilateral current transfers, net (line 35) -33,330 -31,147 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -179,298 -187,719 Seasonally adjusted Line (Credits +; debits -) (1) 2008 III IV Current account 1 Exports of goods and services and income receipts 673,383 591,747 2 Exports of goods and services 478,064 424,151 3 Goods, balance of payments basis (2) 337,912 290,569 4 Services (3) 140,152 133,583 5 Transfers under U.S. military agency sales contracts (4) 5,120 5,295 6 Travel 28,835 26,178 7 Passenger fares 8,254 7,896 8 Other transportation 15,621 13,182 9 Royalties and license fees (5) 23,069 22,685 10 Other private services (5) 58,940 58,021 11 U.S. government miscellaneous services 313 326 12 Income receipts 195,319 167,596 13 Income receipts on U.S.-owned assets abroad 194,554 166,847 14 Direct investment receipts 96,047 75,736 15 Other private receipts 97,196 88,964 16 U.S. government receipts 1,311 2,147 17 Compensation of employees 765 749 18 Imports of goods and services and income payments -825,200 -715,096 19 Imports of goods and services -664,006 -568,646 20 Goods, balance of payments basis (2) -559,002 -469,389 21 Services (3) -105,004 -99,257 22 Direct defense expenditures -9,784 -8,913 23 Travel -19,848 -19,551 24 Passenger fares -8,343 -8,357 25 Other transportation -18,924 -16,767 26 Royalties and license fees (5) -7,644 -6,007 27 Other private services (5) -39,331 -38,498 28 U.S. government miscellaneous services -1,130 -1,164 29 Income payments -161,194 -146,450 30 Income payments on foreign- owned assets in the United States -158,618 -143,823 31 Direct investment payments -29,050 -24,473 32 Other private payments -88,504 -79,890 33 U.S. government payments -41,064 -39,460 34 Compensation of employees -2,576 -2,627 35 Unilateral current transfers, net -32,361 -31,527 36 U.S. government grants (4) -8,568 -9,207 37 U.S. government pensions and other transfers -2,100 -2,113 38 Private remittances and other transfers (6) -21,693 -20,207 Capital account 39 Capital account transactions, net 2,967 -695 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) 29,322 114,730 41 U.S. official reserve assets -179 -3,126 42 Gold (7) 0 0 43 Special drawing rights -30 -25 44 Reserve position in the International Monetary Fund 256 -2,886 45 Foreign currencies 405 -215 46 U.S. government assets, other than official reserve assets -225,997 -265,293 47 U.S. credits and other long-term assets -475 -442 48 Repayments on U.S. credits and other long-term assets (8) 695 672 49 U.S. foreign currency holdings and U.S. short-term assets -226,217 -265,523 50 U.S. private assets 255,498 383,150 51 Direct investment -54,115 -84,486 52 Foreign securities 79,182 70,015 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 87,352 103,739 54 U.S. claims reported by U.S. banks and securities brokers (14) 143,079 293,882 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 117,897 -11,886 56 Foreign official assets in the United States 115,573 -16,024 57 U.S. government securities 105,920 82,974 58 U.S. Treasury securities (9) 116,479 178,948 59 Other (10) -10,559 -95,974 60 Other U.S. government liabilities (11) 1,642 2,900 61 U.S. liabilities reported by U.S. banks and securities brokers 9,797 -109,370 62 Other foreign official assets (12) -1,786 7,472 63 Other foreign assets in the United States 2,324 4,136 64 Direct investment 62,755 96,802 65 U.S. Treasury securities 80,049 81,496 66 U.S. securities other than U.S. Treasury securities -102,512 -29,029 67 U.S. currency 5,845 29,862 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 76,442 -139,824 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -120,255 -35,171 70 Financial derivatives, net 4,075 -14,509 71 Statistical discrepancy (sum of above items with sign reversed) 38,067 67,236 71a Of which: Seasonal adjustment discrepancy -25,884 14,264 Memoranda: 72 Balance on goods (lines 3 and 20) -221,090 -178,820 73 Balance on services (lines 4 and 21) 35,148 34,326 74 Balance on goads and services (lines 2 and 19) -185,942 -144,495 75 Balance on income (lines 12 and 29) 34,125 21,146 76 Unilateral current transfers, net (line 35) -32,361 -31,527 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -184,178 -154,875 Seasonally adjusted Line (Credits +; debits -) (1) 2009 I (r) II (r) Current account 1 Exports of goods and services and income receipts 507,291 506,204 2 Exports of goods and services 372,024 371,217 3 Goods, balance of payments basis (2) 249,108 245,868 4 Services (3) 122,917 125,349 5 Transfers under U.S. military agency sales contracts (4) 5,437 6,976 6 Travel 23,454 22,766 7 Passenger fares 7,114 6,629 8 Other transportation 10,777 10,638 9 Royalties and license fees (5) 20,075 20,829 10 Other private services (5) 55,748 57,193 11 U.S. government miscellaneous services 312 319 12 Income receipts 135,267 134,987 13 Income receipts on U.S.-owned assets abroad 134,526 134,249 14 Direct investment receipts 63,079 71,476 15 Other private receipts 68,995 61,673 16 U.S. government receipts 2,452 1,100 17 Compensation of employees 741 738 18 Imports of goods and services and income payments -581,287 -570,691 19 Imports of goods and services -464,244 -452,293 20 Goods, balance of payments basis (2) -373,107 -361,318 21 Services (3) -91,137 -90,975 22 Direct defense expenditures -8,454 -8,831 23 Travel -18,516 -17,466 24 Passenger fares -6,948 -6,095 25 Other transportation -13,898 -12,972 26 Royalties and license fees (5) -5,689 -6,133 27 Other private services (5) -36,527 -38,292 28 U.S. government miscellaneous services -1,105 -1,186 29 Income payments -117,044 -118,399 30 Income payments on foreign- owned assets in the United States -114,496 -115,911 31 Direct investment payments -11,965 -23,834 32 Other private payments -66,038 -58,782 33 U.S. government payments -36,493 -33,295 34 Compensation of employees -2,548 -2,488 35 Unilateral current transfers, net -30,185 -33,256 36 U.S. government grants (4) -8,342 -10,841 37 U.S. government pensions and other transfers -2,300 -2,342 38 Private remittances and other transfers (6) -19,543 -20,074 Capital account 39 Capital account transactions, net -710 -719 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) 94,092 36,762 41 U.S. official reserve assets -982 -3,632 42 Gold (7) 0 0 43 Special drawing rights -15 -8 44 Reserve position in the International Monetary Fund -754 -3,485 45 Foreign currencies -213 -139 46 U.S. government assets, other than official reserve assets 244,102 193,750 47 U.S. credits and other long-term assets -240 -1,947 48 Repayments on U.S. credits and other long-term assets (8) 484 432 49 U.S. foreign currency holdings and U.S. short-term assets 243,858 195,265 50 U.S. private assets -149,028 -153,356 51 Direct investment -40,903 -48,078 52 Foreign securities -36,201 -92,589 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 17,477 14,519 54 U.S. claims reported by U.S. banks and securities brokers (14) -89,401 -27,208 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) -67,583 14,648 56 Foreign official assets in the United States 70,892 124,299 57 U.S. government securities 118,565 120,661 58 U.S. Treasury securities (9) 118,309 123,713 59 Other (10) 256 -3,052 60 Other U.S. government liabilities (11) 2,720 1,228 61 U.S. liabilities reported by U.S. banks and securities brokers -51,891 -732 62 Other foreign official assets (12) 1,498 3,142 63 Other foreign assets in the United States -138,475 -109,651 64 Direct investment 24,025 37,009 65 U.S. Treasury securities 53,716 -22,755 66 U.S. securities other than U.S. Treasury securities -55,992 13,917 67 U.S. currency 11,816 -1,935 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns -8,270 43,003 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -163,770 -178,890 70 Financial derivatives, net 8,407 11,265 71 Statistical discrepancy (sum of above items with sign reversed) 69,976 35,787 71a Of which: Seasonal adjustment discrepancy 10,770 -1,441 Memoranda: 72 Balance on goods (lines 3 and 20) -123,999 -115,450 73 Balance on services (lines 4 and 21) 31,780 34,374 74 Balance on goads and services (lines 2 and 19) -92,219 -81,076 75 Balance on income (lines 12 and 29) 18,223 16,589 76 Unilateral current transfers, net (line 35) -30,185 -33,256 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -104,182 -97,743 Seasonally adjusted Line (Credits +; debits -) (1) 2009 III (r) IV (p) Current account 1 Exports of goods and services and income receipts 535,114 567,322 2 Exports of goods and services 392,800 418,679 3 Goods, balance of payments basis (2) 263,645 286,923 4 Services (3) 129,155 131,756 5 Transfers under U.S. military agency sales contracts (4) 7,076 6,562 6 Travel 23,782 24,192 7 Passenger fares 6,509 6,625 8 Other transportation 11,241 12,279 9 Royalties and license fees (5) 21,585 21,930 10 Other private services (5) 58,607 59,790 11 U.S. government miscellaneous services 355 377 12 Income receipts 142,315 148,642 13 Income receipts on U.S.-owned assets abroad 141,584 147,896 14 Direct investment receipts 80,810 86,477 15 Other private receipts 60,021 60,934 16 U.S. government receipts 753 485 17 Compensation of employees 731 746 18 Imports of goods and services and income payments -602,438 -651,138 19 Imports of goods and services -489,183 -527,627 20 Goods, balance of payments basis (2) -395,746 -432,418 21 Services (3) -93,437 -95,209 22 Direct defense expenditures -9,215 -9,177 23 Travel -18,560 -18,535 24 Passenger fares -6,350 -6,603 25 Other transportation -13,458 -14,360 26 Royalties and license fees (5) -5,954 -6,081 27 Other private services (5) -38,665 -39,090 28 U.S. government miscellaneous services -1,235 -1,364 29 Income payments -113,255 -123,511 30 Income payments on foreign- owned assets in the United States -110,757 -121,000 31 Direct investment payments -24,045 -35,202 32 Other private payments -55,223 -54,972 33 U.S. government payments -31,489 -30,826 34 Compensation of employees -2,498 -2,510 35 Unilateral current transfers, net -35,025 -31,777 36 U.S. government grants (4) -12,743 -9,004 37 U.S. government pensions and other transfers -2,353 -2,364 38 Private remittances and other transfers (6) -19,929 -20,408 Capital account 39 Capital account transactions, net -718 -713 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -269,192 -99,116 41 U.S. official reserve assets -49,021 1,379 42 Gold (7) 0 0 43 Special drawing rights -47,720 -487 44 Reserve position in the International Monetary Fund -1,098 1,980 45 Foreign currencies -203 -114 46 U.S. government assets, other than official reserve assets 57,736 46,187 47 U.S. credits and other long-term assets -616 -965 48 Repayments on U.S. credits and other long-term assets (8) 534 667 49 U.S. foreign currency holdings and U.S. short-term assets 57,818 46,485 50 U.S. private assets -277,907 -146,682 51 Direct investment -68,537 -63,453 52 Foreign securities -46,967 -45,782 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 81,700 22,140 54 U.S. claims reported by U.S. banks and securities brokers (14) -244,103 -59,587 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 343,388 144,782 56 Foreign official assets in the United States 123,786 128,598 57 U.S. government securities 94,067 117,815 58 U.S. Treasury securities (9) 123,675 124,428 59 Other (10) -29,608 -6,613 60 Other U.S. government liabilities (11) 53,304 1,209 61 U.S. liabilities reported by U.S. banks and securities brokers -27,188 8,223 62 Other foreign official assets (12) 3,603 1,351 63 Other foreign assets in the United States 219,602 16,184 64 Direct investment 47,472 43,579 65 U.S. Treasury securities -8,896 15,555 66 U.S. securities other than U.S. Treasury securities 28,732 6,729 67 U.S. currency 4,179 -1,428 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 13,880 -21,648 69 U.S. liabilities reported by U.S. banks and securities brokers (15) 134,235 -26,603 70 Financial derivatives, net 11,496 n.a. 71 Statistical discrepancy (sum of above items with sign reversed) 17,373 70,640 71a Of which: Seasonal adjustment discrepancy -21,440 12,108 Memoranda: 72 Balance on goods (lines 3 and 20) -132,101 -145,495 73 Balance on services (lines 4 and 21) 35,717 36,547 74 Balance on goads and services (lines 2 and 19) -96,383 -108,948 75 Balance on income (lines 12 and 29) 29,060 25,132 76 Unilateral current transfers, net (line 35) -35,025 -31,777 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -102,348 -115,593 See the footnotes on pages 60-61.
Table 1. U.S. international transactions.
Weinberg, Douglas B. ; Whitaker, Erin M.
Table 1. U.S. International Transactions [Millions of dollars] Line (Credits +; debits -) (1) 2008 2009 (p) Current account 1 Exports of goods and services and income receipts 2,591,233 2,115,929 2 Exports of goods and services 1,826,596 1,554,718 3 Goods, balance of payments basis (2) 1,276,994 1,045,543 4 Services (3) 549,602 509,175 5 Transfers under U.S. military agency sales contracts (4) 22,571 26,051 6 Travel 110,090 94,194 7 Passenger fares 31,623 26,878 8 Other transportation 58,945 44,935 9 Royalties and license fees (5) 91,599 84,418 10 Other private services (5) 233,529 231,336 11 U.S. government miscellaneous services 1,245 1,364 12 Income receipts 764,637 561,211 13 Income receipts on U.S.-owned assets abroad 761,593 558,256 14 Direct investment receipts 370,747 301,842 15 Other private receipts 385,940 251,623 16 U.S. government receipts 4,906 4,790 17 Compensation of employees 3,044 2,956 18 Imports of goods and services and income payments -3,168,938 -2,405,555 19 Imports of goods and services -2,522,532 -1,933,347 20 Goods, balance of payments basis (2) -2,117,245 -1,562,588 21 Services (3) -405,287 -370,759 22 Direct defense expenditures 36,452 -35,677 23 Travel -79,743 -73,077 24 Passenger fares -32,597 -25,996 25 Other transportation -72,143 -54,688 26 Royalties and license fees (5) -26,616 -23,858 27 Other private services (5) -153,267 -152,574 28 U.S. government miscellaneous services -4,469 -4,889 29 Income payments -646,406 -472,208 30 Income payments on foreign- owned assets in the United States -636,043 -462,163 31 Direct investment payments -120,862 -95,045 32 Other private payments -349,871 -235,015 33 U.S. government payments -165,310 -132,103 34 Compensation of employees -10 -10,045 35 Unilateral current transfers, net -128,363 -130,243 36 U.S. government grants (4) -36,003 -40,930 37 U.S. government pensions and other transfers -8,390 -9,359 38 Private remittances and other transfers (6) -83,970 -79,955 Capital account 39 Capital account transactions, net 953 -2,859 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -106 -237,454 41 U.S. official reserve assets -4,848 -52,256 42 Gold (7) 0 0 43 Special drawing rights -106 -48 44 Reserve position in the International Monetary Fund -3,473 -3,357 45 Foreign currencies -1,269 -669 46 U.S. government assets, other than official reserve assets -529,615 541,776 47 U.S. credits and other long-term assets -2,202 -3,768 48 Repayments on U.S. credits and other long-term assets (8) 2,354 2,117 49 U.S. foreign currency holdings and U.S. short-term assets -529,766 543,426 50 U.S. private assets 534,357 -726,974 51 Direct investment -332,012 -220,972 52 Foreign securities 60,761 -221,539 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 372,229 135,836 54 U.S. claims reported by U.S. banks and securities brokers (14) 433,379 -420,299 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 534,071 435,236 56 Foreign official assets in the United States 487,021 447,575 57 U.S. government securities 543,498 451,108 58 U.S. Treasury securities (9) 477,652 490,125 59 Other (10) 65,846 -39,017 60 Other U.S. government liabilities (11) 8,626 58,461 61 U.S. liabilities reported by U.S. banks and securities brokers -153,443 -71,588 62 Other foreign official assets (12) 88,340 9,594 63 Other foreign assets in the United States 47,050 -12,339 64 Direct investment 319,737 152,086 65 U.S. Treasury securities 196,619 37,620 66 U.S. securities other than U.S. Treasury securities -126,737 -6,614 67 U.S. currency 29,187 12,632 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns -45,167 26,965 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -326,589 -235,028 70 Financial derivatives, net -28,905 n.a. 71 Statistical discrepancy (sum of above items with sign reversed) 200,055 224,946 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -840,252 -517,045 73 Balance on services (lines 4 and 21) 144,316 138,416 74 Balance on goads and services (lines 2 and 19) -695,936 -378,628 75 Balance on income (lines 12 and 29) 118,231 89,003 76 Unilateral current transfers, net (line 35) -128,363 -130,243 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -706,068 -419,868 Not seasonally adjusted Line (Credits +; debits -) (1) 2008 I II Current account 1 Exports of goods and services and income receipts 645,378 678,730 2 Exports of goods and services 443,619 477,608 3 Goods, balance of payments basis (2) 311,581 337,116 4 Services (3) 132,038 140,492 5 Transfers under U.S. military agency sales contracts (4) 6,226 5,931 6 Travel 24,065 29,099 7 Passenger fares 7,078 7,735 8 Other transportation 14,183 15,519 9 Royalties and license fees (5) 21,563 25,195 10 Other private services (5) 58,624 56,707 11 U.S. government miscellaneous services 299 307 12 Income receipts 201,760 201,122 13 Income receipts on U.S.-owned assets abroad 200,996 200,355 14 Direct investment receipts 97,256 102,871 15 Other private receipts 103,024 96,756 16 U.S. government receipts 716 727 17 Compensation of employees 764 767 18 Imports of goods and services and income payments -767,973 -837,977 19 Imports of goods and services -603,146 -664,059 20 Goods, balance of payments basis (2) -509,145 -558,740 21 Services (3) -94,001 -105,319 22 Direct defense expenditures -8,769 -8,986 23 Travel -17,462 -22,972 24 Passenger fares -7,296 -8,722 25 Other transportation -17,232 -18,870 26 Royalties and license fees (5) -6,390 -6,398 27 Other private services (5) -35,768 -38,279 28 U.S. government miscellaneous services -1,083 -1,092 29 Income payments -164,827 -173,918 30 Income payments on foreign- owned assets in the United States -162,272 -171,483 31 Direct investment payments -25,889 -41,603 32 Other private payments -94,416 -87,061 33 U.S. government payments -41,967 -42,819 34 Compensation of employees -2,555 -2,434 35 Unilateral current transfers, net -33,906 -30,428 36 U.S. government grants (4) -10,335 -7,893 37 U.S. government pensions and other transfers -1,680 -2,014 38 Private remittances and other transfers (6) -21,891 -20,521 Capital account 39 Capital account transactions, net -637 -682 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -258,949 104,059 41 U.S. official reserve assets -276 -1,267 42 Gold (7) 0 0 43 Special drawing rights -29 -22 44 Reserve position in the International Monetary Fund 112 -955 45 Foreign currencies -359 -290 46 U.S. government assets, other than official reserve assets 3,268 -41,592 47 U.S. credits and other long-term assets -179 -1,106 48 Repayments on U.S. credits and other long-term assets (8) 490 497 49 U.S. foreign currency holdings and U.S. short-term assets 2,957 -40,983 50 U.S. private assets -261,941 146,918 51 Direct investment -97,240 -106,903 52 Foreign securities -47,870 -40,566 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 116,232 64,906 54 U.S. claims reported by U.S. banks and securities brokers (14) -233,063 229,481 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 425,368 4,205 56 Foreign official assets in the United States 208,646 178,826 57 U.S. government securities 185,239 169,365 58 U.S. Treasury securities (9) 106,005 76,220 59 Other (10) 79,234 93,145 60 Other U.S. government liabilities (11) 1,645 2,439 61 U.S. liabilities reported by U.S. banks and securities brokers -24,173 -29,697 62 Other foreign official assets (12) 45,935 36,719 63 Other foreign assets in the United States 216,722 -174,621 64 Direct investment 58,783 102,908 65 U.S. Treasury securities 16,127 18,947 66 U.S. securities other than U.S. Treasury securities -15,179 19,983 67 U.S. currency -6,750 230 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 73,211 -54,996 69 U.S. liabilities reported by U.S. banks and securities brokers (15) 90,530 -261,693 70 Financial derivatives, net -7,966 -2,355 71 Statistical discrepancy (sum of above items with sign reversed) -1,315 84,447 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -197,564 -221,624 73 Balance on services (lines 4 and 21) 38,037 35,173 74 Balance on goads and services (lines 2 and 19) -159,527 -186,451 75 Balance on income (lines 12 and 29) 36,933 27,204 76 Unilateral current transfers, net (line 35) -33,906 -30,428 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -156,501 -189,674 Not seasonally adjusted Line (Credits +; debits -) (1) 2008 III IV Current account 1 Exports of goods and services and income receipts 672,971 594,153 2 Exports of goods and services 478,003 427,366 3 Goods, balance of payments basis (2) 334,254 294,043 4 Services (3) 143,749 133,324 5 Transfers under U.S. military agency sales contracts (4) 5,120 5,295 6 Travel 32,831 24,095 7 Passenger fares 9,104 7,705 8 Other transportation 15,796 13,447 9 Royalties and license fees (5) 21,682 23,160 10 Other private services (5) 58,902 59,296 11 U.S. government miscellaneous services 313 326 12 Income receipts 194,969 166,787 13 Income receipts on U.S.-owned assets abroad 194,204 166,038 14 Direct investment receipts 95,752 74,868 15 Other private receipts 97,196 88,964 16 U.S. government receipts 1,256 2,206 17 Compensation of employees 765 749 18 Imports of goods and services and income payments -846,599 -716,389 19 Imports of goods and services -684,619 -570,708 20 Goods, balance of payments basis (2) -576,158 -473,202 21 Services (3) -108,461 -97,506 22 Direct defense expenditures -9,784 -8,913 23 Travel -22,410 -16,899 24 Passenger fares -8,784 -7,795 25 Other transportation -19,483 -16,558 26 Royalties and license fees (5) -7,493 -6,334 27 Other private services (5) -39,377 -39,843 28 U.S. government miscellaneous services -1,130 -1,164 29 Income payments -161,980 -145,681 30 Income payments on foreign- owned assets in the United States -159,471 -142,816 31 Direct investment payments -29,903 -23,466 32 Other private payments -88,504 -79,890 33 U.S. government payments -41,064 -39,460 34 Compensation of employees -2,509 -2,866 35 Unilateral current transfers, net -32,052 -31,977 36 U.S. government grants (4) -8,568 -9,207 37 U.S. government pensions and other transfers -1,538 -3,158 38 Private remittances and other transfers (6) -21,946 -19,612 Capital account 39 Capital account transactions, net 2,967 -695 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) 22,567 132,217 41 U.S. official reserve assets -179 -3,126 42 Gold (7) 0 0 43 Special drawing rights -30 -25 44 Reserve position in the International Monetary Fund 256 -2,886 45 Foreign currencies -405 -215 46 U.S. government assets, other than official reserve assets -225,997 -265,293 47 U.S. credits and other long-term assets -475 -442 48 Repayments on U.S. credits and other long-term assets (8) 695 672 49 U.S. foreign currency holdings and U.S. short-term assets -226,217 -265,523 50 U.S. private assets 248,743 400,637 51 Direct investment -60,870 -66,999 52 Foreign securities 79,182 70,015 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 87,352 103,739 54 U.S. claims reported by U.S. banks and securities brokers (14) 143,079 293,882 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 120,270 -15,772 56 Foreign official assets in the United States 115,573 -16,024 57 U.S. government securities 105,920 82,974 58 U.S. Treasury securities (9) 116,479 178,948 59 Other (10) -10,559 -95,974 60 Other U.S. government liabilities (11) 1,642 2,900 61 U.S. liabilities reported by U.S. banks and securities brokers 9,797 -109,370 62 Other foreign official assets (12) -1,786 7,472 63 Other foreign assets in the United States 4,697 252 64 Direct investment 65,128 92,918 65 U.S. Treasury securities 80,049 81,496 66 U.S. securities other than U.S. Treasury securities -102,512 -29,029 67 U.S. currency 5,845 29,862 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 76,442 -139,824 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -120,255 -35,171 70 Financial derivatives, net -4,075 -14,509 71 Statistical discrepancy (sum of above items with sign reversed) 63,951 52,972 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -241,904 -179,160 73 Balance on services (lines 4 and 21) 35,287 35,818 74 Balance on goads and services (lines 2 and 19) -206,617 -143,341 75 Balance on income (lines 12 and 29) 32,989 21,105 76 Unilateral current transfers, net (line 35) -32,052 -31,977 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -205,680 -154,213 Not seasonally adjusted Line (Credits +; debits -) (1) 2009 I II Current account 1 Exports of goods and services and income receipts 499,388 511,272 2 Exports of goods and services 364,527 374,661 3 Goods, balance of payments basis (2) 244,070 248,891 4 Services (3) 120,457 125,769 5 Transfers under U.S. military agency sales contracts (4) 5,437 6,976 6 Travel 20,734 23,822 7 Passenger fares 6,696 6,486 8 Other transportation 10,441 10,704 9 Royalties and license fees (5) 18,897 22,874 10 Other private services (5) 57,939 54,589 11 U.S. government miscellaneous services 312 319 12 Income receipts 134,861 136,611 13 Income receipts on U.S.-owned assets abroad 134,120 135,873 14 Direct investment receipts 62,689 73,119 15 Other private receipts 68,995 61,673 16 U.S. government receipts 2,436 1,081 17 Compensation of employees 741 738 18 Imports of goods and services and income payments -554,995 -577,468 19 Imports of goods and services -439,427 -457,641 20 Goods, balance of payments basis (2) -353,710 -363,611 21 Services (3) -85,718 -94,029 22 Direct defense expenditures -8,454 -8,831 23 Travel -16,083 -20,082 24 Passenger fares -6,444 -6,661 25 Other transportation -12,966 -12,954 26 Royalties and license fees (5) -5,672 -5,984 27 Other private services (5) -34,993 -38,331 28 U.S. government miscellaneous services -1,105 -1,186 29 Income payments -115,567 -119,827 30 Income payments on foreign- owned assets in the United States -113,062 -117,479 31 Direct investment payments -10,531 -25,402 32 Other private payments -66,038 -58,782 33 U.S. government payments -36,493 -33,295 34 Compensation of employees -2,505 -2,348 35 Unilateral current transfers, net -30,910 -32,179 36 U.S. government grants (4) -8,342 -10,841 37 U.S. government pensions and other transfers -1,842 -1,832 38 Private remittances and other transfers (6) -20,727 -19,507 Capital account 39 Capital account transactions, net -710 -719 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) 88,456 33,873 41 U.S. official reserve assets -982 -3,632 42 Gold (7) 0 0 43 Special drawing rights -15 -8 44 Reserve position in the International Monetary Fund -754 -3,485 45 Foreign currencies -213 -139 46 U.S. government assets, other than official reserve assets 244,102 193,750 47 U.S. credits and other long-term assets -240 -1,947 48 Repayments on U.S. credits and other long-term assets (8) 464 432 49 U.S. foreign currency holdings and U.S. short-term assets 243,858 195,265 50 U.S. private assets -154,664 -156,245 51 Direct investment -46,539 -50,967 52 Foreign securities -36,201 -92,589 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 17,477 14,519 54 U.S. claims reported by U.S. banks and securities brokers (14) -89,401 -27,208 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) -68,842 16,728 56 Foreign official assets in the United States 70,892 124,299 57 U.S. government securities 118,565 120,661 58 U.S. Treasury securities (9) 118,309 123,713 59 Other (10) 256 -3,052 60 Other U.S. government liabilities (11) 2,720 1,228 61 U.S. liabilities reported by U.S. banks and securities brokers -51,891 -732 62 Other foreign official assets (12) 1,498 3,142 63 Other foreign assets in the United States -139,734 -107,571 64 Direct investment 22,766 39,089 65 U.S. Treasury securities 53,716 -22,755 66 U.S. securities other than U.S. Treasury securities -55,992 13,917 67 U.S. currency 11,816 -1,935 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns -8,270 43,003 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -163,770 -178,890 70 Financial derivatives, net 8,407 11,265 71 Statistical discrepancy (sum of above items with sign reversed) 59,206 37,227 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -109,640 -114,720 73 Balance on services (lines 4 and 21) 34,740 31,740 74 Balance on goads and services (lines 2 and 19) -74,901 -82,980 75 Balance on income (lines 12 and 29) 19,294 16,784 76 Unilateral current transfers, net (line 35) -30,910 -32,179 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -86,517 -98,375 Not seasonally adjusted Line (Credits +; debits -) (1) 2009 III (r) IV (p) Current account 1 Exports of goods and services and income receipts 536,207 569,063 2 Exports of goods and services 393,921 421,609 3 Goods, balance of payments basis (2) 262,030 290,552 4 Services (3) 131,891 131,057 5 Transfers under U.S. military agency sales contracts (4) 7,076 6,562 6 Travel 27,205 22,433 7 Passenger fares 7,223 6,472 8 Other transportation 11,396 12,394 9 Royalties and license fees (5) 20,360 22,287 10 Other private services (5) 58,276 60,532 11 U.S. government miscellaneous services 355 377 12 Income receipts 142,286 147,453 13 Income receipts on U.S.-owned assets abroad 141,555 146,707 14 Direct investment receipts 80,813 85,221 15 Other private receipts 60,021 60,934 16 U.S. government receipts 721 552 17 Compensation of employees 731 746 18 Imports of goods and services and income payments -619,670 -653,422 19 Imports of goods and services -505,488 -530,791 20 Goods, balance of payments basis (2) -408,619 -436,648 21 Services (3) -96,869 -94,143 22 Direct defense expenditures -9,215 -9,177 23 Travel -20,943 -15,969 24 Passenger fares -6,710 -6,181 25 Other transportation -14,120 -14,647 26 Royalties and license fees (5) -5,774 -6,427 27 Other private services (5) -38,872 -40,378 28 U.S. government miscellaneous services -1,235 -1,364 29 Income payments -114,182 -122,632 30 Income payments on foreign- owned assets in the United States -111,743 -119,879 31 Direct investment payments -25,031 -34,081 32 Other private payments -55,223 -54,972 33 U.S. government payments -31,489 -30,826 34 Compensation of employees -2,439 -2,753 35 Unilateral current transfers, net -35,780 -31,374 36 U.S. government grants (4) -12,743 -9,004 37 U.S. government pensions and other transfers -2,684 -3,001 38 Private remittances and other transfers (6) -20,353 -19,368 Capital account 39 Capital account transactions, net -718 -713 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -276,096 -83,688 41 U.S. official reserve assets -49,021 1,379 42 Gold (7) 0 0 43 Special drawing rights -47,720 -487 44 Reserve position in the International Monetary Fund -1,098 1,980 45 Foreign currencies -203 -114 46 U.S. government assets, other than official reserve assets 57,736 46,187 47 U.S. credits and other long-term assets -616 -965 48 Repayments on U.S. credits and other long-term assets (8) 534 667 49 U.S. foreign currency holdings and U.S. short-term assets 57,818 46,485 50 U.S. private assets -284,811 -131,254 51 Direct investment -75,441 48,025 52 Foreign securities -46,967 -45,782 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 81,700 22,140 54 U.S. claims reported by U.S. banks and securities brokers (14) -244,103 -59,587 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 345,747 141,602 56 Foreign official assets in the United States 123,786 128,598 57 U.S. government securities 94,067 117,815 58 U.S. Treasury securities (9) 123,675 124,428 59 Other (10) -29,608 -6,613 60 Other U.S. government liabilities (11) 53,304 1,209 61 U.S. liabilities reported by U.S. banks and securities brokers -27,188 8,223 62 Other foreign official assets (12) 3,603 1,351 63 Other foreign assets in the United States 221,961 13,004 64 Direct investment 49,831 40,399 65 U.S. Treasury securities -8,896 15,555 66 U.S. securities other than U.S. Treasury securities 28,732 6,729 67 U.S. currency 4,179 -1,428 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 13,880 -21,648 69 U.S. liabilities reported by U.S. banks and securities brokers (15) 134,235 -26,603 70 Financial derivatives, net 11,496 n.a. 71 Statistical discrepancy (sum of above items with sign reversed) 38,813 58,531 71a Of which: Seasonal adjustment discrepancy ... ... Memoranda: 72 Balance on goods (lines 3 and 20) -146,589 -146,096 73 Balance on services (lines 4 and 21) 35,022 36,914 74 Balance on goads and services (lines 2 and 19) -111,567 -109,181 75 Balance on income (lines 12 and 29) 28,104 24,822 76 Unilateral current transfers, net (line 35) -35,780 -31,374 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -119,243 -115,733 Seasonally adjusted Line (Credits +; debits -) (1) 2008 I II Current account 1 Exports of goods and services and income receipts 654,217 671,886 2 Exports of goods and services 451,290 473,090 3 Goods, balance of payments basis (2) 315,637 332,876 4 Services (3) 135,653 140,214 5 Transfers under U.S. military agency sales contracts (4) 6,226 5,931 6 Travel 27,072 28,005 7 Passenger fares 7,522 7,950 8 Other transportation 14,541 15,601 9 Royalties and license fees (5) 22,633 23,212 10 Other private services (5) 57,359 59,209 11 U.S. government miscellaneous services 299 307 12 Income receipts 202,927 198,796 13 Income receipts on U.S.-owned assets abroad 202,163 198,028 14 Direct investment receipts 98,426 100,538 15 Other private receipts 103,024 96,756 16 U.S. government receipts 713 735 17 Compensation of employees 764 767 18 Imports of goods and services and income payments -800,185 -828,458 19 Imports of goods and services -633,943 -655,937 20 Goods, balance of payments basis (2) -534,482 -554,372 21 Services (3) -99,461 -101,565 22 Direct defense expenditures -6,769 -8,986 23 Travel -20,235 -20,109 24 Passenger fares -7,868 -8,029 25 Other transportation -17,956 -18,496 26 Royalties and license fees (5) -6,427 -6,537 27 Other private services (5) -37,122 -38,315 28 U.S. government miscellaneous services -1,083 -1,092 29 Income payments -166,241 -172,521 30 Income payments on foreign- owned assets in the United States -163,652 -169,951 31 Direct investment payments -27,269 -40,071 32 Other private payments -94,416 -87,061 33 U.S. government payments -41,967 -42,819 34 Compensation of employees -2,590 -2,571 35 Unilateral current transfers, net -33,330 -31,147 36 U.S. government grants (4) -10,335 -7,893 37 U.S. government pensions and other transfers -2,082 -2,097 38 Private remittances and other transfers (6) -20,913 -21,157 Capital account 39 Capital account transactions, net -637 -682 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -251,501 107,343 41 U.S. official reserve assets -276 -1,267 42 Gold (7) 0 0 43 Special drawing rights -29 -22 44 Reserve position in the International Monetary Fund 112 -955 45 Foreign currencies -359 -290 46 U.S. government assets, other than official reserve assets 3,268 -41,592 47 U.S. credits and other long-term assets -179 -1,106 48 Repayments on U.S. credits and other long-term assets (8) 490 497 49 U.S. foreign currency holdings and U.S. short-term assets 2,957 -40,983 50 U.S. private assets -254,493 150,202 51 Direct investment -89,792 -103,619 52 Foreign securities -47,870 -40,566 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 116,232 64,906 54 U.S. claims reported by U.S. banks and securities brokers (14) -233,063 229,481 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 426,058 2,003 56 Foreign official assets in the United States 208,646 178,826 57 U.S. government securities 185,239 169,365 58 U.S. Treasury securities (9) 106,005 76,220 59 Other (10) 79,234 93,145 60 Other U.S. government liabilities (11) 1,645 2,439 61 U.S. liabilities reported by U.S. banks and securities brokers -24,173 -29,697 62 Other foreign official assets (12) 45,935 36,719 63 Other foreign assets in the United States 217,412 -176,823 64 Direct investment 59,473 100,706 65 U.S. Treasury securities 16,127 18,947 66 U.S. securities other than U.S. Treasury securities -15,179 19,983 67 U.S. currency -6,750 230 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 73,211 -54,996 69 U.S. liabilities reported by U.S. banks and securities brokers (15) 90,530 -261,693 70 Financial derivatives, net -7,966 -2,355 71 Statistical discrepancy (sum of above items with sign reversed) 13,344 81,410 71a Of which: Seasonal adjustment discrepancy 14,659 -3,037 Memoranda: 72 Balance on goods (lines 3 and 20) -218,846 -221,496 73 Balance on services (lines 4 and 21) 36,192 38,649 74 Balance on goads and services (lines 2 and 19) -182,653 -182,847 75 Balance on income (lines 12 and 29) 36,686 26,274 76 Unilateral current transfers, net (line 35) -33,330 -31,147 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -179,298 -187,719 Seasonally adjusted Line (Credits +; debits -) (1) 2008 III IV Current account 1 Exports of goods and services and income receipts 673,383 591,747 2 Exports of goods and services 478,064 424,151 3 Goods, balance of payments basis (2) 337,912 290,569 4 Services (3) 140,152 133,583 5 Transfers under U.S. military agency sales contracts (4) 5,120 5,295 6 Travel 28,835 26,178 7 Passenger fares 8,254 7,896 8 Other transportation 15,621 13,182 9 Royalties and license fees (5) 23,069 22,685 10 Other private services (5) 58,940 58,021 11 U.S. government miscellaneous services 313 326 12 Income receipts 195,319 167,596 13 Income receipts on U.S.-owned assets abroad 194,554 166,847 14 Direct investment receipts 96,047 75,736 15 Other private receipts 97,196 88,964 16 U.S. government receipts 1,311 2,147 17 Compensation of employees 765 749 18 Imports of goods and services and income payments -825,200 -715,096 19 Imports of goods and services -664,006 -568,646 20 Goods, balance of payments basis (2) -559,002 -469,389 21 Services (3) -105,004 -99,257 22 Direct defense expenditures -9,784 -8,913 23 Travel -19,848 -19,551 24 Passenger fares -8,343 -8,357 25 Other transportation -18,924 -16,767 26 Royalties and license fees (5) -7,644 -6,007 27 Other private services (5) -39,331 -38,498 28 U.S. government miscellaneous services -1,130 -1,164 29 Income payments -161,194 -146,450 30 Income payments on foreign- owned assets in the United States -158,618 -143,823 31 Direct investment payments -29,050 -24,473 32 Other private payments -88,504 -79,890 33 U.S. government payments -41,064 -39,460 34 Compensation of employees -2,576 -2,627 35 Unilateral current transfers, net -32,361 -31,527 36 U.S. government grants (4) -8,568 -9,207 37 U.S. government pensions and other transfers -2,100 -2,113 38 Private remittances and other transfers (6) -21,693 -20,207 Capital account 39 Capital account transactions, net 2,967 -695 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) 29,322 114,730 41 U.S. official reserve assets -179 -3,126 42 Gold (7) 0 0 43 Special drawing rights -30 -25 44 Reserve position in the International Monetary Fund 256 -2,886 45 Foreign currencies 405 -215 46 U.S. government assets, other than official reserve assets -225,997 -265,293 47 U.S. credits and other long-term assets -475 -442 48 Repayments on U.S. credits and other long-term assets (8) 695 672 49 U.S. foreign currency holdings and U.S. short-term assets -226,217 -265,523 50 U.S. private assets 255,498 383,150 51 Direct investment -54,115 -84,486 52 Foreign securities 79,182 70,015 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 87,352 103,739 54 U.S. claims reported by U.S. banks and securities brokers (14) 143,079 293,882 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 117,897 -11,886 56 Foreign official assets in the United States 115,573 -16,024 57 U.S. government securities 105,920 82,974 58 U.S. Treasury securities (9) 116,479 178,948 59 Other (10) -10,559 -95,974 60 Other U.S. government liabilities (11) 1,642 2,900 61 U.S. liabilities reported by U.S. banks and securities brokers 9,797 -109,370 62 Other foreign official assets (12) -1,786 7,472 63 Other foreign assets in the United States 2,324 4,136 64 Direct investment 62,755 96,802 65 U.S. Treasury securities 80,049 81,496 66 U.S. securities other than U.S. Treasury securities -102,512 -29,029 67 U.S. currency 5,845 29,862 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 76,442 -139,824 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -120,255 -35,171 70 Financial derivatives, net 4,075 -14,509 71 Statistical discrepancy (sum of above items with sign reversed) 38,067 67,236 71a Of which: Seasonal adjustment discrepancy -25,884 14,264 Memoranda: 72 Balance on goods (lines 3 and 20) -221,090 -178,820 73 Balance on services (lines 4 and 21) 35,148 34,326 74 Balance on goads and services (lines 2 and 19) -185,942 -144,495 75 Balance on income (lines 12 and 29) 34,125 21,146 76 Unilateral current transfers, net (line 35) -32,361 -31,527 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -184,178 -154,875 Seasonally adjusted Line (Credits +; debits -) (1) 2009 I (r) II (r) Current account 1 Exports of goods and services and income receipts 507,291 506,204 2 Exports of goods and services 372,024 371,217 3 Goods, balance of payments basis (2) 249,108 245,868 4 Services (3) 122,917 125,349 5 Transfers under U.S. military agency sales contracts (4) 5,437 6,976 6 Travel 23,454 22,766 7 Passenger fares 7,114 6,629 8 Other transportation 10,777 10,638 9 Royalties and license fees (5) 20,075 20,829 10 Other private services (5) 55,748 57,193 11 U.S. government miscellaneous services 312 319 12 Income receipts 135,267 134,987 13 Income receipts on U.S.-owned assets abroad 134,526 134,249 14 Direct investment receipts 63,079 71,476 15 Other private receipts 68,995 61,673 16 U.S. government receipts 2,452 1,100 17 Compensation of employees 741 738 18 Imports of goods and services and income payments -581,287 -570,691 19 Imports of goods and services -464,244 -452,293 20 Goods, balance of payments basis (2) -373,107 -361,318 21 Services (3) -91,137 -90,975 22 Direct defense expenditures -8,454 -8,831 23 Travel -18,516 -17,466 24 Passenger fares -6,948 -6,095 25 Other transportation -13,898 -12,972 26 Royalties and license fees (5) -5,689 -6,133 27 Other private services (5) -36,527 -38,292 28 U.S. government miscellaneous services -1,105 -1,186 29 Income payments -117,044 -118,399 30 Income payments on foreign- owned assets in the United States -114,496 -115,911 31 Direct investment payments -11,965 -23,834 32 Other private payments -66,038 -58,782 33 U.S. government payments -36,493 -33,295 34 Compensation of employees -2,548 -2,488 35 Unilateral current transfers, net -30,185 -33,256 36 U.S. government grants (4) -8,342 -10,841 37 U.S. government pensions and other transfers -2,300 -2,342 38 Private remittances and other transfers (6) -19,543 -20,074 Capital account 39 Capital account transactions, net -710 -719 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) 94,092 36,762 41 U.S. official reserve assets -982 -3,632 42 Gold (7) 0 0 43 Special drawing rights -15 -8 44 Reserve position in the International Monetary Fund -754 -3,485 45 Foreign currencies -213 -139 46 U.S. government assets, other than official reserve assets 244,102 193,750 47 U.S. credits and other long-term assets -240 -1,947 48 Repayments on U.S. credits and other long-term assets (8) 484 432 49 U.S. foreign currency holdings and U.S. short-term assets 243,858 195,265 50 U.S. private assets -149,028 -153,356 51 Direct investment -40,903 -48,078 52 Foreign securities -36,201 -92,589 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 17,477 14,519 54 U.S. claims reported by U.S. banks and securities brokers (14) -89,401 -27,208 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) -67,583 14,648 56 Foreign official assets in the United States 70,892 124,299 57 U.S. government securities 118,565 120,661 58 U.S. Treasury securities (9) 118,309 123,713 59 Other (10) 256 -3,052 60 Other U.S. government liabilities (11) 2,720 1,228 61 U.S. liabilities reported by U.S. banks and securities brokers -51,891 -732 62 Other foreign official assets (12) 1,498 3,142 63 Other foreign assets in the United States -138,475 -109,651 64 Direct investment 24,025 37,009 65 U.S. Treasury securities 53,716 -22,755 66 U.S. securities other than U.S. Treasury securities -55,992 13,917 67 U.S. currency 11,816 -1,935 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns -8,270 43,003 69 U.S. liabilities reported by U.S. banks and securities brokers (15) -163,770 -178,890 70 Financial derivatives, net 8,407 11,265 71 Statistical discrepancy (sum of above items with sign reversed) 69,976 35,787 71a Of which: Seasonal adjustment discrepancy 10,770 -1,441 Memoranda: 72 Balance on goods (lines 3 and 20) -123,999 -115,450 73 Balance on services (lines 4 and 21) 31,780 34,374 74 Balance on goads and services (lines 2 and 19) -92,219 -81,076 75 Balance on income (lines 12 and 29) 18,223 16,589 76 Unilateral current transfers, net (line 35) -30,185 -33,256 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -104,182 -97,743 Seasonally adjusted Line (Credits +; debits -) (1) 2009 III (r) IV (p) Current account 1 Exports of goods and services and income receipts 535,114 567,322 2 Exports of goods and services 392,800 418,679 3 Goods, balance of payments basis (2) 263,645 286,923 4 Services (3) 129,155 131,756 5 Transfers under U.S. military agency sales contracts (4) 7,076 6,562 6 Travel 23,782 24,192 7 Passenger fares 6,509 6,625 8 Other transportation 11,241 12,279 9 Royalties and license fees (5) 21,585 21,930 10 Other private services (5) 58,607 59,790 11 U.S. government miscellaneous services 355 377 12 Income receipts 142,315 148,642 13 Income receipts on U.S.-owned assets abroad 141,584 147,896 14 Direct investment receipts 80,810 86,477 15 Other private receipts 60,021 60,934 16 U.S. government receipts 753 485 17 Compensation of employees 731 746 18 Imports of goods and services and income payments -602,438 -651,138 19 Imports of goods and services -489,183 -527,627 20 Goods, balance of payments basis (2) -395,746 -432,418 21 Services (3) -93,437 -95,209 22 Direct defense expenditures -9,215 -9,177 23 Travel -18,560 -18,535 24 Passenger fares -6,350 -6,603 25 Other transportation -13,458 -14,360 26 Royalties and license fees (5) -5,954 -6,081 27 Other private services (5) -38,665 -39,090 28 U.S. government miscellaneous services -1,235 -1,364 29 Income payments -113,255 -123,511 30 Income payments on foreign- owned assets in the United States -110,757 -121,000 31 Direct investment payments -24,045 -35,202 32 Other private payments -55,223 -54,972 33 U.S. government payments -31,489 -30,826 34 Compensation of employees -2,498 -2,510 35 Unilateral current transfers, net -35,025 -31,777 36 U.S. government grants (4) -12,743 -9,004 37 U.S. government pensions and other transfers -2,353 -2,364 38 Private remittances and other transfers (6) -19,929 -20,408 Capital account 39 Capital account transactions, net -718 -713 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-)) -269,192 -99,116 41 U.S. official reserve assets -49,021 1,379 42 Gold (7) 0 0 43 Special drawing rights -47,720 -487 44 Reserve position in the International Monetary Fund -1,098 1,980 45 Foreign currencies -203 -114 46 U.S. government assets, other than official reserve assets 57,736 46,187 47 U.S. credits and other long-term assets -616 -965 48 Repayments on U.S. credits and other long-term assets (8) 534 667 49 U.S. foreign currency holdings and U.S. short-term assets 57,818 46,485 50 U.S. private assets -277,907 -146,682 51 Direct investment -68,537 -63,453 52 Foreign securities -46,967 -45,782 53 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns 81,700 22,140 54 U.S. claims reported by U.S. banks and securities brokers (14) -244,103 -59,587 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+)) 343,388 144,782 56 Foreign official assets in the United States 123,786 128,598 57 U.S. government securities 94,067 117,815 58 U.S. Treasury securities (9) 123,675 124,428 59 Other (10) -29,608 -6,613 60 Other U.S. government liabilities (11) 53,304 1,209 61 U.S. liabilities reported by U.S. banks and securities brokers -27,188 8,223 62 Other foreign official assets (12) 3,603 1,351 63 Other foreign assets in the United States 219,602 16,184 64 Direct investment 47,472 43,579 65 U.S. Treasury securities -8,896 15,555 66 U.S. securities other than U.S. Treasury securities 28,732 6,729 67 U.S. currency 4,179 -1,428 68 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns 13,880 -21,648 69 U.S. liabilities reported by U.S. banks and securities brokers (15) 134,235 -26,603 70 Financial derivatives, net 11,496 n.a. 71 Statistical discrepancy (sum of above items with sign reversed) 17,373 70,640 71a Of which: Seasonal adjustment discrepancy -21,440 12,108 Memoranda: 72 Balance on goods (lines 3 and 20) -132,101 -145,495 73 Balance on services (lines 4 and 21) 35,717 36,547 74 Balance on goads and services (lines 2 and 19) -96,383 -108,948 75 Balance on income (lines 12 and 29) 29,060 25,132 76 Unilateral current transfers, net (line 35) -35,025 -31,777 77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) (13) -102,348 -115,593 See the footnotes on pages 60-61.