Balance of payments

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Notion

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Science and technology

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What Wikipedia says

In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.

Excerpt from the Wikipedia article “Balance of payments”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Kieran, based on the idea by Peace01234, CC BY-SA 3.0, via Wikimedia Commons.