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1991-06-22
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$Title{Table 9.: Belgium-Luxembourg Economic Union (BLEU) Balance of Payments on Transactions Basis, Selected Years, 1975-82 (in billions of Belgian francs)}
___________________________________________________________________________________
1975 1977 1979 1981 1982
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Trade balance ...................... -32.2 -110.1 -139.5 -175.8 -169.9
Commission processing .............. 15.8 40.9 47.4 41.5 54.2
Third-country trade ................ 16.8 25.7 18.5 25.0 24.3
Services
Transport ........................ 6.9 9.8 10.6 14.8 26.5
Foreign travel ................... -20.1 -26.1 -39.2 -46.9 -28.0
Portfolio and investment
income .......................... 16.4 19.2 10.4 -3.2 -9.6
Transactions of public authorities
not included elsewhere .......... 16.4 25.1 26.9 36.9 43.1
Other ............................ 9.8 20.2 3.9 0.5 -5.0
____ ____ ____ ____ ____
Total services ................ 29.4 48.2 12.6 2.1 27.0
Transfers
Public ........................... -19.8 -18.8 -18.3 -33.0 -44.9
Private .......................... -4.0 -5.8 -10.1 -15.3 -11.0
____ ____ ____ ____ ____
Total transfers ............... -23.8 -24.6 -28.4 -48.3 -55.9
Current account balance ............ 6.0 -19.9 -89.4 -155.5 -120.3
Long-term capital
Private .......................... -6.6 -10.0 17.8 95.3 -16.0
Public ........................... 3.3 -0.8 -2.5 43.0 78.8
____ ____ ____ ____ ____
Total long-term capital ....... -9.9 -10.8 15.3 138.3 62.8
Basic balance ...................... -3.9 -30.7 -74.1 -17.2 -57.5
Nonmonetary short-term
private capital .................. -14.2 9.7 -16.1 -102.8 -5.5
Nonmonetary short-term
public capital ................... 0.6 1.2 7.2 62.5 39.6
Errors and ommissions .............. 13.8 11.0 -11.3 -3.0 -2.6
____ ____ ____ ____ ____
Balance on nonmonetary
transactions ..................... -3.7 -8.8 -94.3 -60.5 -26.0
___________________________________________________________________________________
Change in National Bank of
Belgium's foreign
exchange reserves................. 18.0 -9.0 -31.0 -96.0 -38.0
___________________________________________________________________________________