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Fred Arnold

1985–90 for all receiving countries. Projections for the 1990s, based on revised migration statistics of the World Bank (see box), indicate that total net immigration will decline only gradually to an annual level of 990,000 over 1990–95 and 890,000 over 1995–2000. The effect of these movements on national population estimates is small for most countries, since international migration is usually the least important component of changes in population size. International migration, however, may have an impact far greater than its absolute size would suggest because

International Monetary Fund

Overview 300 . This chapter discusses collections of data from individuals and households, which are groups of persons with common economic interests, for measurement of various household sector transactions in the BOP. The chapter describes migration statistics and similar statistics on movements of persons across national borders, surveys collecting data on travel expenditure, and other household surveys. 301 . Household sector transactions included in the BOP typically fall into the following categories. Expenditure on goods and services by persons

International Monetary Fund

Abstract

A companion document to the fifth edition of the Balance of Payments Manual, the Balance of Payments Compilation Guide shows how the conceptual framework described in the Manual may be implemented in practice. The primary purpose of the Guide is to provide practical guidance for using sources and methods to compile statistics on the balance of payments and the international investment position. the Guide is designed to assist balance of payments compilers and statisticians in understanding the relative strengths and weaknesses of various approaches. The material reflects the emergence of new data sources and adaptations in the application of statistical methodologies to changing circumstances. Discussed in the Guide are all of the tasks that a BOP compiler normally performs. Appendices contain a set of model BOP questionnaires and a set of model BOP publication tables. Relationships between the balance of payments statistics and relevant aspects of national accounts are covered as well.

International Monetary Fund

. Information on numbers of migrants should be available from migration statistics, which are discussed in chapter 7 . Data on the net worth of migrants could be obtained from periodic benchmark studies based on the types of sources described in paragraph 656. These benchmark estimates could be adjusted for inflation, exchange rate variations, and any other relevant factors. Development of a data model for estimating migrants’ transfers is comparable to that of the worker remittance data model described in paragraphs 639–640 of the previous chapter. Extrapolations and

Mr. Eduardo Valdivia-Velarde and Ms. Tamara Razin

payments. It describes migration statistics and similar statistics on movements of persons across national borders, surveys collecting data on travel expenditure, and other household surveys. The household sector transactions included in the balance of payments and the categories where they typically fall are presented in Table 3.3 . Table 3.3 . Recording of Household Transactions in Balance of Payments Category Recording Import of goods and services by households (e.g., via Internet) Is recorded in the current account under the