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New External Statistics Compilation Standards

April 30, 2014

The implementation of external statistics international standards is related to the new Balance of Payments and International Investment Position Manual (BPM6) prepared by the International Monetary Fund. On the basis of it, the Regulation of the European Central Bank and the Regulation of the European Commission have been prepared along with recommendations for the compilation of external statistics. The changes include new concepts, methodology and assessment methods to be applied. All of the European Union Members States are implementing these standards and in 2014 will publish the data prepared in accordance with the new Manual.   

Please be advised that on 20 June the Bank of Lithuania will publish the Balance of Payments and International Investment Position for Q1 2014 drawn up according to BPM6. For major changes under BPM6 as compared to BPM5 go here. The data for the relevant months will also be published and recalculated. 

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