Home > Table 2.—Major Sources of Revisions, 1982–1999

Table 2.—Major Sources of Revisions, 1982–1999

[Millions of dollars]

(Credits +; debits –)/1/ 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
International transactions
Current account
Other private services receipts (line 10):
Revised .......... .......... .......... .......... 28,027 29,263 31,111 36,729 40,251 47,748 49,956 53,532 61,477 65,094 73,858 84,505 90,914 96,508
Changes due to financial services .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... –1,296 –2,425 –1,848
Changes due to expenditures of temporary nonagricultural workers .......... .......... .......... .......... 600 466 247 354 667 777 1,005 1,093 1,345 1,369 1,358 1,454 1,515 1,589
Changes due to expenditures of international organizations in the United States .......... .......... .......... .......... 647 604 606 517 415 441 355 –102 11 224 264 181 408 145
Changes due to expenditures of foreign embassies in the United States .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... –191 –211 –231 –218
Revisions due to updated source data .......... .......... .......... .......... .......... .......... 36 .......... .......... .......... .......... .......... .......... .......... 15 –1,189 –469 –2,517
Previously published .......... .......... .......... .......... 26,779 28,193 30,222 35,858 39,170 46,531 48,597 52,541 60,121 63,502 72,412 85,566 92,116 99,357
Direct investment receipts (line 14):
Revised 29,469 31,750 35,325 35,410 36,938 46,288 58,445 61,981 65,973 58,718 57,538 67,246 77,344 95,260 102,505 115,536 106,407 118,802
Changes due to improved estimates of current-cost adjustment 57 –50 –139 –194 –210 –244 –287 –279 –336 –344 –467 –462 –530 –731 –809 –1,192 785 1,010
Revisions due to updated source data .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... 933 2,776 1,109
Previously published 29,412 31,800 35,464 35,604 37,148 46,532 58,732 62,260 66,309 59,062 58,005 67,708 77,874 95,991 103,314 115,795 102,846 116,683
Other private income receipts (line 15):
Revised .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... 146,503 151,958
Previously published .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... 150,001 152,104
Dividends on foreign stocks:
Revised .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... 23,467 30,602
Changes to dividends due to revised yields based on 1997 outward portfolio benchmark survey final results .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... –5,011 –3,619
Revisions to dividends due to adjustments to account for undercoverage of securities transactions .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... 790 2,373
Revisions due to updated source data ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 2 848
Previously published ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 27,686 31,000
Interest on foreign bonds:
Revised ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 39,246 40,321
Changes to bond interest due to revised yields based on 1997 outward portfolio benchmark survey final results ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 990 –1,484
Revisions to bond interest due to adjustments to account for undercoverage of securities transactions ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 839 1,584
Revisions due to updated source data ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –157 4
Previously published ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 37,574 40,217
Other:
Revised ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 83,790 81,035
Revisions due to updated source data ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –951 148
Previously published ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 84,741 80,887
Other private services payments (line 27):
Revised ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –43,280 –49,051 –46,657
Changes due to financial services ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ............ ......... ......... ......... ......... 216 210 349
Revisions due to updated source data ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 411 –1,589 4,584
Previously published ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –43,909 –47,670 –51,591
Direct investment payments (line 31):
Revised –2,114 –4,120 –8,443 –6,945 –6,856 –7,676 –12,150 –7,045 –3,450 2,266 –2,189 –7,943 –22,150 –30,318 –33,093 –43,601 –38,679 –56,098
Changes due to improved estimates of current-cost adjustment –11 89 221 337 336 382 426 379 457 524 1,152 1,190 1,317 1,868 2,475 1,257 –136 632
Revisions due to updated source data ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 1,717 4,898 1,520
Previously published –2,103 –4,209 –8,664 –7,282 –7,192 –8,058 –12,576 –7,424 –3,907 1,742 –3,341 –9,133 –23,467 –32,186 –35,568 –46,575 –43,441 –58,250
Private remittances and other transfers (line 38):
Revised –8,207 –8,635 –9,479 –8,593 –9,877 –10,548 –12,028 –12,534 –13,070 –14,665 –14,650 –16,497 –18,726 –19,416 –20,214 –24,131 –26,454 –29,850
Changes due to revision of tax receipts 594 468 326 764 687 782 865 947 1,168 934 860 886 932 1,380 2,170 1,838 2,059 2,174
Revisions due to updated source data ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –628 –1,845 –2,394
Previously published –8,801 –9,103 –9,805 –9,357 –10,564 –11,330 –12,893 –13,481 –14,238 –15,599 –15,510 –17,383 –19,658 –20,796 –22,384 –25,341 –26,668 –29,630
Capital and financial account
Capital account
Capital account transactions, net (line 39):
Revised ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –3,500
Revisions due to revaluation of Panama Canal transfer ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –3,303
Revisions due to updated source data ......... ......... ......... ............ ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –25
Previously published ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... –172

See footnotes at the end of the table.