Table 2 
Current account – Seasonally adjusted 

Current account – Seasonally adjusted
  First quarter 2022 Second quarter 2022 Third quarter 2022 Fourth quarter 2022 First quarter 2023 2021 2022
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
Current account receipts 264,795 293,193 285,898 290,831 297,597 941,100 1,134,716
Goods and services 220,845 243,153 238,931 237,459 236,941 775,822 940,388
Goods 183,339 203,306 197,917 194,655 193,680 636,398 779,216
Services 37,506 39,847 41,014 42,804 43,261 139,423 161,171
Travel 6,106 7,742 8,444 9,389 9,650 18,123 31,682
Transportation 4,182 4,815 4,944 5,022 4,879 14,842 18,963
Commercial services 26,854 26,922 27,257 28,019 28,342 105,041 109,052
Government services 364 368 368 374 390 1,417 1,474
Primary income 39,706 45,350 42,439 48,477 55,575 150,173 175,970
Compensation of employees 274 278 282 288 299 1,043 1,122
Investment income 39,432 45,072 42,156 48,189 55,277 149,131 174,849
Direct investment 25,678 29,214 23,386 25,289 28,005 97,564 103,566
Interest 2,212 2,378 2,571 2,715 2,902 8,798 9,876
Profits 23,466 26,836 20,814 22,574 25,104 88,766 93,690
Portfolio investment 10,928 11,160 11,607 12,050 12,430 42,605 45,745
Interest on debt securities 4,183 4,331 4,519 4,952 5,083 15,698 17,984
Dividends on equity and investment fund shares 6,745 6,829 7,088 7,099 7,347 26,907 27,761
Other investment 2,826 4,698 7,164 10,849 14,841 8,962 25,537
Secondary income 4,244 4,690 4,529 4,895 5,081 15,105 18,358
Private transfers 1,195 1,228 1,266 1,319 1,337 4,566 5,008
Government transfers 3,049 3,462 3,263 3,576 3,743 10,539 13,350
Current account payments 260,864 288,360 295,713 298,884 303,763 947,849 1,143,822
Goods and services 216,061 238,577 242,192 239,417 240,334 776,863 936,247
Goods 175,326 193,933 195,495 192,577 192,388 631,703 757,332
Services 40,735 44,643 46,697 46,841 47,946 145,160 178,915
Travel 4,926 7,745 9,760 9,767 10,539 9,895 32,198
Transportation 8,305 9,610 9,217 8,989 9,002 26,973 36,121
Commercial services 27,072 26,839 27,276 27,640 27,954 106,596 108,828
Government services 432 449 443 444 451 1,696 1,769
Primary income 39,615 44,587 47,880 53,387 57,936 150,471 185,469
Compensation of employees 1,663 1,697 1,740 1,785 1,807 6,365 6,885
Investment income 37,952 42,890 46,140 51,601 56,130 144,106 178,583
Direct investment 16,210 18,427 18,122 17,347 19,217 65,099 70,105
Interest 720 732 758 777 738 3,031 2,987
Profits 15,490 17,695 17,363 16,570 18,479 62,068 67,118
Portfolio investment 16,622 17,937 20,767 21,757 22,534 63,177 77,083
Interest on debt securities 10,201 11,105 12,578 14,313 15,169 39,771 48,197
Dividends on equity and investment fund shares 6,421 6,832 8,189 7,445 7,365 23,406 28,886
Other investment 5,120 6,525 7,252 12,497 14,379 15,829 31,395
Secondary income 5,188 5,197 5,641 6,080 5,492 20,515 22,105
Private transfers 3,438 3,571 3,513 3,532 3,622 13,546 14,053
Government transfers 1,750 1,625 2,128 2,548 1,870 6,969 8,052
Current account balances 3,931 4,832 -9,815 -8,053 -6,166 -6,749 -9,105
Goods and services 4,784 4,576 -3,261 -1,958 -3,393 -1,041 4,140
Goods 8,013 9,373 2,421 2,078 1,292 4,695 21,885
Services -3,229 -4,796 -5,683 -4,036 -4,685 -5,736 -17,744
Travel 1,180 -3 -1,315 -378 -889 8,228 -516
Transportation -4,123 -4,795 -4,273 -3,966 -4,123 -12,132 -17,158
Commercial services -219 84 -19 379 388 -1,554 224
Government services -68 -81 -75 -71 -60 -279 -295
Primary income 91 763 -5,442 -4,910 -2,361 -298 -9,498
Compensation of employees -1,389 -1,420 -1,458 -1,497 -1,508 -5,323 -5,764
Investment income 1,480 2,182 -3,984 -3,413 -853 5,025 -3,735
Direct investment 9,468 10,787 5,264 7,942 8,788 32,465 33,461
Interest 1,492 1,646 1,813 1,938 2,164 5,766 6,889
Profits 7,976 9,141 3,451 6,004 6,624 26,698 26,572
Portfolio investment -5,694 -6,778 -9,160 -9,707 -10,104 -20,572 -31,338
Interest on debt securities -6,018 -6,775 -8,059 -9,361 -10,086 -24,073 -30,212
Dividends on equity and investment fund shares 324 -3 -1,101 -346 -18 3,501 -1,126
Other investment -2,295 -1,827 -88 -1,648 462 -6,868 -5,857
Secondary income -944 -506 -1,112 -1,185 -412 -5,410 -3,747
Private transfers -2,243 -2,343 -2,247 -2,213 -2,285 -8,980 -9,045
Government transfers 1,299 1,837 1,135 1,028 1,873 3,569 5,298
Source(s):
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