Bank of South Sudan
  • Contact Us
    +211 912351190
  • Our Address
    South Sudan, Juba, P.O.Box 136
  • Working Hours
    Mon - Fri 8:30 - 17:00

New to site?


Login

Lost password? (X)

Already have an account?


Signup

(X)
Farooq

Balance of Payments

HomeResearch & StatisticsBalance of Payments

Balance of Payments

Overview

Balance of payment is a statistical summary of all transactions in an economy between resident and non-resident in a given period. These transactions or exchanges have to cross the border and change ownership as precondition to be recorded as balance of payment transactions. The objective of recording balance of payment is primarily to understand the performance of the reporting economy to the rest of the world i.e. how the economy relates to the rest of the world. The balance of payment statement is subdivided in to three major accounts namely current, capital, and financial accounts. Each of these accounts records specific item according to the international system of accounts. Generally the balance of payment statement has to be balanced, however imbalances occur due to data source issues and recording as well as compiler’s skills. The bank of South Sudan started recording balance of payment statistics in 2014 after having had technical assistance missions from the International Monetary Fund. So far the bank had shared or submitted four (4) statements to the IMF

Balance of Payments for Republic of South Sudan 2017

Balance of Payments for Republic of South Sudan 2016

Balance of Payments for Republic of South Sudan 2015

Balance of Payments for Republic of South Sudan 2014