This paper discusses that shipments to and from free-trade zones and bonded warehouses, exclusion of military and other confidential items and government goods, value thresholds for customs registration of shipments, returned goods, and other goods missed by customs (or surveys) are examples of coverage differences that can result in inconsistencies. As a result of reporting and processing lags, trade data for a given period are often released before all customs documents for the period have been processed. These data are sometimes not revised, or, if data are revised, errors are nevertheless made in assigning the date on which goods are shipped or received and the late data are assigned to the wrong month, quarter, and/or year. Errors can also be made in assigning a destination to exports and an origin to imports during customs clearances, or in cases when the ultimate destination is changed after the initial consignment during transshipment, the change is not incorporated into published statistics via the release of revised data.

This 2018 yearbook issue of International Financial Statistics (IFS) is a standard source of statistics on all aspects of international and domestic finance. The IMF publishes calculated effective exchange rates data only for countries that have given their approval. The country, euro area, and world tables provide measures of effective exchange rates, compiled by the IMF’s Research Department, Statistics Department, and area departments. The real effective exchange rate index in line rec is derived from the nominal effective exchange rate index, adjusted for relative changes in consumer prices. Consumer price indices, often available monthly, are used as a measure of domestic costs and prices for these countries.

This paper analyzes In the World and Regional Tables, missing data are estimated for countries by IMF staff to the extent possible. The estimation procedure is based largely on the use of the World Economic Outlook (WEO) database in BPM6 format. The BPM6-based WEO provides expanded data coverage for some series and facilitates an improved basis for estimation procedures used in BOPSY. However, data published in BOPSY may differ from balance-of-payments data published in the WEO mainly due to timing and estimation methodology differences. The following outlines the methodology used to gap-fill balance-of-payments data where country data are missing. For goods and services transactions, where data gaps exist in years prior to estimates are made by applying the growth rates derived from the WEO for the missing year(s) to the latest reported annual data (debits and credits). In cases where there are gaps for the entire period, WEO data are inserted directly.

The Direction of Trade Statistics yearbook gives seven years of data for about 184 countries and two sets of world and area summaries: world and area trade as seen by the reporting countries and as seen by the partner countries to those transactions. The yearbook is usually published in September.

The Direction of Trade Statistics yearbook gives seven years of data for about 184 countries and two sets of world and area summaries: world and area trade as seen by the reporting countries and as seen by the partner countries to those transactions. The yearbook is usually published in September.

The Direction of Trade Statistics yearbook gives seven years of data for about 184 countries and two sets of world and area summaries: world and area trade as seen by the reporting countries and as seen by the partner countries to those transactions. The yearbook is usually published in September.

The Direction of Trade Statistics yearbook gives seven years of data for about 184 countries and two sets of world and area summaries: world and area trade as seen by the reporting countries and as seen by the partner countries to those transactions. The yearbook is usually published in September.