The basic balance calculation in the balance of payments is based on long-term capital receipts and expenditures in the current account and capital account.

The balance of payments statement can comprehensively reflect a country’s international balance of payments status, balance of payments structure, and increases and decreases in reserve assets. It is used to formulate foreign economic policies and analyze the basic economy that affects the balance of international payments. factors and provide the basis for taking corresponding control measures. According to the International Monetary Fund's "Balance of Payments Manual" (Fifth Edition), the standard components of the balance of payments include two basic parts: current account, capital and financial account.

Extended information:

The balance of international payments system records every international economic transaction in accordance with the double-entry accounting principle of "everything borrowed must be credited, and loans must be equal". This accounting principle requires that each transaction be recorded on both the debit side and the credit side. The credit side records the decrease in assets and the increase in liabilities; the debit side records the increase in assets and the decrease in liabilities.

Analysis of the balance of payments structure can reveal the status and role of each item in the balance of payments, identify problems and causes from structural changes, and provide a basis for guiding foreign economic activities.

Baidu Encyclopedia-Balance of Payments