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  Mentions légales
   
The Balance of Payments Indicators
CHELEM

The position of each country/area i in the international market of operation k is represented by its relative balance, which is given as a percentage by:

with:  representing the credits of country i for operation k;
 the debits of country i for operation k, and;
 world transactions in operation k.
where: with: width="22" height="18"> representing total world credits in operation k, and;
 total world debits in operation k.
   Market Position

For a country i and an operation k, the current balance is measured by:

with:  representing the GDP of country i;
 the credits of current operations of country i, and;
 the debits of current operations of country i.
  Contribution to the
Current balance
 
 
         
   
   
26 Balances