Balance of Payments / International Investment Position
The collection, compilation and presentation of the Balance of Payments (BOP) statement of Malta has been the responsibility of the National Statistics Office (NSO) since 1954, the year when such data started to be published by the statistical authorities in Malta. Since 1993, the compilation process has been enhanced by the participation of the Central Bank of Malta. The Bank, through its Balance of Payments (Data Compilation Section), co-operates actively with the NSO in the collection, vetting and compilation of BoP data throughout the year. The BoP statement is compiled on a transactions basis. Both the current and the capital and financial accounts are published quarterly and annually.
The CBM has an additional role in the BoP compilation process. It collects data on cash-based transactions between residents and non-residents as recorded by the local banks on a monthly basis. It also collects and compiles data on the external financial assets and liabilities of the various sectors of the Maltese economy.
The NSO and CBM have shared competency in the compilation of the International Investment Position (IIP). In 1999, the NSO and CBM undertook to align BoP and related data with international standards. Data covering the years 1995 onwards have been revised and reclassified in accordance with the fifth edition of the IMF’s balance of payment’s manual (BPM5).
Click here for the BoP methodological notes