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1991-06-22
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$Title{Table 11.: Summary of the Balance of Payments, 1975-79 (in millions of US dollars)}
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1975 1976 1977 1978 1979
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Exports ....................... 1,291 1,360 1,726 1,940 3,467
Imports ....................... -2,390 -2,100 -2,164 -1,600 -2,060
______ ______ ______ ______ ______
Trade Balance ............... -1,099 -740 -438 340 1,407
Services (net) ................ -487 -509 -545 -588 -913
Transfers (net) ............... 48 58 57 56 94
______ ______ ______ ______ ______
Current Account Balance ..... -1,538 -1,191 -926 -192 588
Direct and portfolio
investment (net) ............ 316 171 54 25 62
Loans to private sector (net) . 26 25 15 14 -32
Loans to public sector (net) .. 793 480 605 179 855
______ ______ ______ ______ ______
Long-term capital (net) ..... 1,135 676 674 218 885
Short-term capital (net) ...... -150 -388 -144 -76 81
Refinancing of debt (net) ..... 0 0 0 203 0
Errors and omissions .......... -23 37 18 -78 18
Changes in reserves ........... 576 867 348 -75 -1,572
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