The Balance of Payments (BOP) is a systematic record of a nation's total payments to foreign countries, including the price of imports and the outflow of capital and gold, along with the total receipts from abroad, including the price of exports and the inflow of capital and gold.
The overall balance of payments for the third quarter of 2009, excluding valuation changes, recorded a surplus of Rs 3,875 million.
Current Account
Provisional estimates for the third quarter of 2009 indicate that the current account deficit of the balance of payments narrowed to Rs 5,505 million from Rs. 8, 198 million registered in the third quarter of 2008.
Capital and Financial Account
The capital and financial account of the balance of payments, inclusive of reserve assets, recorded lower net inflows of Rs1, 752 million during the third quarter of 2009 compared to net inflows of Rs5, 760 million in the third quarter of 2008.
|
(Rs Million)
|
2004-2005
|
2005-2006
|
2006-2007
|
2007-2008
|
|
1 Current Account
|
-5,347
|
-10,356
|
-15745
|
-21964
|
|
A Goods and Services
|
-6887
|
-13,338
|
-23,827
|
-34519
|
|
Goods
|
-20041
|
-25690
|
-37,878
|
-55272
|
|
Exports
|
58371
|
68849
|
72,999
|
67844
|
|
Imports
|
-78412
|
-94539
|
-110,877
|
-123116
|
|
General Merchandise
|
-21209
|
-28210
|
-40,201
|
-58906
|
|
Credit
|
55501
|
63972
|
67,915
|
60951
|
|
Debit
|
-76710
|
-92182
|
-108,116
|
-119857
|
|
Goods procured in Ports by Carriers
|
1168
|
2520
|
2,323
|
3634
|
|
Credit
|
2870
|
4877
|
5,084
|
6893
|
|
Debit
|
-1702
|
-2357
|
-2,761
|
-3259
|
|
Non-monetary Gold
|
-189
|
-463
|
-458
|
-377
|
|
Services
|
13154
|
12352
|
14,051
|
20753
|
|
Credit
|
45278
|
48939
|
60,203
|
72856
|
|
Transportation
|
11429
|
11226
|
12,706
|
13180
|
|
Passenger
|
9440
|
9279
|
10,602
|
10957
|
|
Freight
|
814
|
847
|
645
|
855
|
|
Other
|
1175
|
1100
|
1,459
|
1368
|
|
Travel
|
24097
|
28571
|
36,243
|
43106
|
|
Business
|
10132
|
11250
|
12,896
|
15054
|
|
Personal
|
13965
|
17321
|
23,347
|
28052
|
|
Other Services
|
9752
|
9142
|
11,254
|
16570
|
|
Private
|
9426
|
8971
|
10,867
|
16306
|
|
Government
|
326
|
171
|
387
|
264
|
|
Debit
|
-32,124
|
-36587
|
-46,152
|
-52103
|
|
Transportation
|
-14054
|
-15942
|
-18,440
|
-18284
|
|
Passenger
|
-613
|
-611
|
-725
|
-947
|
|
Freight
|
-6656
|
-7680
|
-8,311
|
-9444
|
|
Other
|
-6785
|
-7651
|
-9,404
|
-7893
|
|
Travel
|
-7695
|
-8459
|
-11,442
|
-12006
|
|
Business
|
-398
|
-709
|
-443
|
-1121
|
|
Personal
|
-7297
|
-7750
|
-10,999
|
-10885
|
|
Other Services
|
-10375
|
-12186
|
-16,270
|
-21813
|
|
Private
|
-10176
|
-12010
|
-16,126
|
-21547
|
|
Government
|
-199
|
-176
|
-144
|
-266
|
|
B Income
|
-133
|
1341
|
5,057
|
8774
|
|
Credit
|
1803
|
7868
|
19350
|
26049
|
|
Compensation of Employees
|
19
|
23
|
21
|
21
|
|
Direct Investment Income
|
88
|
186
|
28
|
211
|
|
Portfolio Investment Income
|
60
|
130
|
180
|
346
|
|
Other Investment Income
|
1636
|
7529
|
19,121
|
25471
|
|
Monetary Authorities
|
1606
|
1226
|
2,071
|
2672
|
|
General Government
|
0
|
0
|
0
|
0
|
|
Other
|
30
|
6303
|
17,050
|
22799
|
|
Debit
|
-1936
|
-6527
|
-14,293
|
-17275
|
|
Compensation to Employees
|
-266
|
-278
|
-336
|
-334
|
|
Direct Investment Income
|
-471
|
-994
|
-2,547
|
-1880
|
|
Portfolio Investment Income
|
-279
|
-698
|
-1,124
|
-2047
|
|
Other Investment Income
|
-920
|
-4557
|
-10,286
|
-13014
|
|
Monetary Authorities
|
-16
|
-19
|
-15
|
-6
|
|
General Government
|
-229
|
-281
|
-277
|
-329
|
|
Other
|
-675
|
-4257
|
-9,994
|
-12679
|
|
C Current Transfers
|
1673
|
1641
|
3,025
|
3781
|
|
Credit
|
4885
|
4820
|
6745
|
8694
|
|
Private
|
4414
|
4265
|
6390
|
8279
|
|
Government
|
471
|
555
|
355
|
415
|
|
Debit
|
-3212
|
-3179
|
-3720
|
-4913
|
|
Private
|
-3034
|
-2953
|
-3583
|
-4783
|
|
Government
|
-178
|
-226
|
-137
|
-130
|
|
2. Capital and Financial Account
|
3386
|
4159
|
5,345
|
12571
|
|
D Capital Account
|
-28
|
-98
|
-50
|
-49
|
|
Migrants Transfers
|
-28
|
-98
|
-50
|
-49
|
|
E Financial Account
|
3414
|
4257
|
5,395
|
12620
|
|
Direct Investment
|
-887
|
578
|
6,610
|
6211
|
|
Abroad
|
-826
|
-986
|
-767
|
-2386
|
|
In Mauritius
|
-61
|
1564
|
7,377
|
8597
|
|
Portfolio Investment
|
-325
|
-1679
|
2,451
|
-3220
|
|
Assets
|
-1135
|
-2674
|
-3,126
|
-3230
|
|
Equity Securities
|
-1009
|
-2674
|
-3,126
|
-3230
|
|
Debt Securities
|
-126
|
0
|
0
|
0
|
|
Liabilities
|
810
|
995
|
5,577
|
10
|
|
Equity Securities
|
624
|
1320
|
1,066
|
2114
|
|
Debt Securities
|
186
|
-325
|
4,511
|
-2104
|
|
Other Investment
|
1493
|
2339
|
2,937
|
18739
|
|
Assets
|
-6210
|
-8846
|
-16,341
|
-39698
|
|
General Government
|
0
|
0
|
0
|
0
|
|
Banks
|
-5087
|
-7105
|
-13,523
|
-39486
|
|
Other Sectors:Long-term
|
0
|
0
|
0
|
0
|
|
Other Sectors-Short –term
|
-1123
|
-1741
|
-2,818
|
-212
|
|
Liabilities
|
7703
|
11185
|
19,278
|
58437
|
|
General Government
|
212
|
-824
|
1,579
|
1500
|
|
Banks
|
1136
|
1409
|
16
|
43639
|
|
Other Sectors: Long-term
|
-957
|
-987
|
2,484
|
557
|
|
Other Sectors-short-term
|
7312
|
11587
|
15,199
|
12741
|
|
Reserve Assets
|
3133
|
3019
|
-6603
|
-9110
|
|
Monetary Gold
|
0
|
0
|
0
|
0
|
|
Special Drawing Rights
|
-16
|
-19
|
-15
|
-14
|
|
Reserve Position in the Fund
|
-44
|
490
|
231
|
-4
|
|
Foreign Exchange
|
3192
|
2548
|
-6819
|
-9093
|
|
Other Claims
|
1
|
0
|
0
|
0
|
|
3. Net Errors and Omissions
|
1961
|
6197
|
10,400
|
9393
|
Last Updated on: 19-04-2010
