Table 3.—Major Sources of Revisions, 1986-97

[Millions of dollars]

(Credits +; debits -)/1/ 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997
International transactions
Current account
Other transportation receipts (line 7):
Revised 15,438 17,027 19,311 20,526 22,042 22,631 21,531 21,958 23,754 26,081 26,074 26,911
Changes due to trucking freight charges -255 -283 -287 -380 -459 -503
Changes due to reclassification of operational leasing -346 -444 -500 -579 -703 -701 -832 -809 -900 -951 -1,131 -1,248
Revisions due to updated source data 447 466
Previously published 15,784 17,471 19,811 21,106 22,745 23,331 22,616 23,050 24,941 27,412 27,216 28,194
Royalties and license fees receipts (line 8):
Revised 20,841 21,695 26,712 30,289 32,823 33,676
Changes due to reclassification of computer software royalties 1,125 1,322 1,489 1,720 2,129 2,399
Changes due to 1994 U.S. direct investment benchmark 2,483 (/2/) (/2/) (/2/)
Revisions due to updated source data 60 69 79 1,186 720 1,008
Previously published 19,656 20,304 22,661 27,383 29,974 30,269
Other private services receipts (line 9):
Revised 27,687 29,186 31,253 36,875 40,341 47,821 50,022 53,975 61,880 65,555 73,073 84,465
Changes due to reclassification of operational leasing 384 485 544 671 801 797 853 834 925 978 1,281 1,422
Changes due to reclassification of computer software royalties -1,125 -1,322 -1,489 -1,720 -2,129 -2,399
Changes due to 1994 U.S. direct investment benchmark 1,392 (/2/) (/2/) (/2/)
Revisions due to updated source data -54 -41 -553 352 2,761
Previously published 27,303 28,701 30,709 36,204 39,540 47,024 50,294 54,517 61,093 66,850 73,569 82,681
Income on U.S. direct investment abroad (line 12):
Revised 72,391 93,164 99,802 109,407
Changes due to 1994 benchmark survey 998 (/2/) (/2/) (/2/)
Changes due to reclassification of financial intermediaries -608 -1,118 -1,517 -2,143
Revisions due to updated source data 1,090 3,933 2,429 2,323
Previously published 70,911 90,349 98,890 109,227
Other private income receipts (line 13):
Revised 65,977 60,353 81,230 105,967 108,733 128,845
Changes to bond interest income due to 1994 outward portfolio benchmark -2,695 -608 -758 /3/610 /3/32
Changes to nonbank income due to reclassification of financial intermediaries 1,993 4,236 /3/4,468 /3/4,106
Changes to bank income due to change in foreign currency methodology -849 -447 347 653 /3/771 /3/840
Revisions due to updated source data 18 589
Previously published 66,826 63,495 79,498 101,836 102,866 123,278
Other transportation payments (line 21):
Revised -17,766 -19,010 -20,891 -22,172 -24,966 -24,975 -23,767 -24,524 -26,019 -27,034 -27,403 -28,949
Changes due to trucking freight charges 789 867 836 807 788 746
Changes due to reclassification of operational leasing 50 47 78 89 202 229 336 355 401 407 335 301
Revisions due to updated source data -73 -225
Previously published -17,817 -19,057 -20,969 -22,260 -25,168 -25,204 -24,894 -25,746 -27,255 -28,249 -28,453 -29,771
Royalties and license fees payments (line 22):
Revised -5,161 -5,032 -5,852 -6,919 -7,854 -9,411
Changes due to reclassification of computer software royalties -72 -202 -161 -292 -162 -466
Changes due to 1994 U.S. direct investment benchmark -159 (/2/) (/2/) (/2/)
Revisions due to updated source data -11 28 -124 -370 -1,433
Previously published -5,089 -4,819 -5,560 -6,503 -7,322 -7,512
Other private services payments (line 23):
Revised -14,834 -18,047 -19,106 -20,636 -24,590 -28,328 -25,381 -29,580 -34,588 -39,823 -43,138 -48,421
Changes due to reclassification of operational leasing -50 -47 -78 -89 -202 -229 -336 -355 -401 -407 -343 -425
Changes due to reclassification of computer software royalties 72 202 161 292 162 466
Changes due to 1994 U.S. direct investment benchmark -1,064 (/2/) (/2/) (/2/)
Revisions due to updated source data -50 -70 -146 -423 -161 -914
Previously published -14,785 -17,999 -19,028 -20,548 -24,387 -28,098 -25,066 -29,356 -33,138 -39,285 -42,796 -47,548
Income on foreign direct investment in the United States (line 26):
Revised -20,621 -30,195 -33,641 -45,674
Changes due to reclassification of financial intermediaries 406 204 -462 1,308
Revisions due to updated source data -873 -54 -1,047 -5,455
Previously published -20,154 -30,345 -32,132 -41,527
Other private income payments (line 27):
Revised -95,508 -82,452 -63,079 -57,804 -76,450 -97,004 -97,901 -113,959
Changes to dividend income due to 1994 inward portfolio benchmark -130 -200 -230 -247 -752 -897 /3/-774 /3/158
Changes to bond interest income due to 1994 inward portfolio benchmark 111 811 4,048 5,559 4,658 7,274 /3/8,327 /3/10,076
Changes to nonbank income due to reclassification of financial intermediaries -2,163 -3,396 /3/-3,542 /3/-4,563
Changes to bank income due to change in foreign currency methodology 157 -75 -578 -1,537 /3/-1,751 /3/-1,790
Revisions due to updated source data -58 -128
Previously published -95,489 -83,063 -67,054 -63,041 -77,614 -98,448 -100,103 -117,712
U.S. Government income payments (line 28):
Revised -40,770 -40,872 -39,081 -39,376 -44,192 -57,370 -67,418 -87,472
Changes due to 1994 inward portfolio benchmark 591 1,295 1,938 2,714 4,670 5,245 5,002 4,787
Changes due to change in interest methodology -319 -638 -539 -529 -1,843 -1,336 -1,078 -1,394
Revisions due to updated source data 216
Previously published -41,042 -41,529 -40,480 -41,561 -47,019 -61,279 -71,342 -91,081
Unilateral transfers, net (line 29):
Revised -34,669 5,032 -35,230 -38,142 -39,391 -34,638 -40,577 -39,691
Changes due to institutional remittances methodology -434 -595 -664 -805 -822
Revisions due to updated source data -81 -90 -38 429 49 72 196 -343
Previously published -34,588 5,122 -35,192 -38,137 -38,845 -34,046 -39,968 -38,526

See footnotes at the end of the table.