Table 2 
Current account – Seasonally adjusted 

Current account – Seasonally adjusted
  First quarter 2023 Second quarter 2023 Third quarter 2023 Fourth quarter 2023 First quarter 2024 2022 2023
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
Current account receipts 299,865 297,391 303,046 307,337 309,030 1,143,281 1,207,640
Goods and services 242,257 236,962 241,515 244,354 242,340 952,159 965,088
Goods 194,682 187,621 191,793 194,226 191,703 779,188 768,322
Services 47,575 49,340 49,722 50,128 50,637 172,970 196,765
Travel 12,401 13,179 13,361 12,982 12,760 36,520 51,923
Transportation 4,933 4,889 4,882 4,962 5,033 18,849 19,665
Commercial services 29,788 30,822 31,042 31,765 32,426 115,915 123,418
Government services 454 451 436 418 419 1,687 1,760
Primary income 52,713 55,585 57,004 58,386 61,488 172,943 223,688
Compensation of employees 288 285 286 285 294 1,124 1,144
Investment income 52,425 55,300 56,718 58,101 61,194 171,819 222,545
Direct investment 29,426 29,820 29,137 30,010 30,541 107,637 118,393
Interest 2,863 2,973 2,977 3,240 3,638 9,994 12,052
Profits 26,564 26,847 26,160 26,770 26,903 97,643 106,341
Portfolio investment 12,528 13,125 13,268 14,185 15,187 45,364 53,106
Interest on debt securities 5,260 5,726 5,839 6,397 6,640 17,984 23,222
Dividends on equity and investment fund shares 7,269 7,399 7,429 7,788 8,546 27,379 29,884
Other investment 10,470 12,356 14,313 13,906 15,467 18,819 51,045
Secondary income 4,895 4,845 4,528 4,596 5,202 18,180 18,864
Private transfers 1,307 1,338 1,375 1,358 1,365 4,829 5,378
Government transfers 3,588 3,507 3,153 3,238 3,837 13,350 13,486
Current account payments 303,581 304,153 309,040 311,845 314,395 1,153,593 1,228,619
Goods and services 243,411 244,752 243,724 246,327 247,085 948,468 978,214
Goods 193,122 193,322 191,659 192,072 192,806 759,482 770,175
Services 50,289 51,430 52,065 54,255 54,279 188,986 208,039
Travel 12,294 12,849 13,464 14,167 13,998 37,259 52,774
Transportation 8,732 8,803 8,342 8,774 9,045 36,078 34,651
Commercial services 28,809 29,308 29,780 30,838 30,762 113,867 118,735
Government services 453 469 480 476 475 1,782 1,878
Primary income 51,512 53,161 59,535 59,548 61,575 182,966 223,754
Compensation of employees 1,802 1,844 1,886 1,921 1,955 6,885 7,453
Investment income 49,709 51,316 57,649 57,627 59,621 176,081 216,301
Direct investment 16,443 14,729 17,246 15,401 17,919 72,268 63,819
Interest 875 886 897 865 806 3,224 3,523
Profits 15,568 13,843 16,349 14,536 17,113 69,044 60,296
Portfolio investment 22,670 23,586 24,955 25,724 25,709 76,771 96,935
Interest on debt securities 15,269 16,314 17,634 18,442 18,599 48,294 67,658
Dividends on equity and investment fund shares 7,401 7,272 7,321 7,282 7,110 28,478 29,276
Other investment 10,596 13,002 15,448 16,502 15,993 27,041 55,547
Secondary income 8,658 6,241 5,782 5,970 5,734 22,159 26,651
Private transfers 6,531 4,154 3,766 3,860 4,049 14,107 18,311
Government transfers 2,127 2,087 2,016 2,110 1,685 8,052 8,340
Current account balances -3,716 -6,762 -5,994 -4,508 -5,365 -10,312 -20,980
Goods and services -1,154 -7,790 -2,209 -1,973 -4,745 3,691 -13,126
Goods 1,560 -5,700 134 2,154 -1,104 19,706 -1,852
Services -2,714 -2,090 -2,343 -4,127 -3,641 -16,016 -11,274
Travel 107 330 -103 -1,185 -1,238 -739 -851
Transportation -3,800 -3,915 -3,459 -3,812 -4,012 -17,229 -14,986
Commercial services 979 1,513 1,263 927 1,664 2,047 4,682
Government services 0 -18 -43 -57 -56 -95 -119
Primary income 1,202 2,425 -2,531 -1,162 -88 -10,023 -66
Compensation of employees -1,514 -1,559 -1,600 -1,636 -1,661 -5,761 -6,309
Investment income 2,716 3,984 -931 474 1,573 -4,261 6,243
Direct investment 12,983 15,091 11,891 14,609 12,622 35,369 54,574
Interest 1,987 2,087 2,080 2,375 2,833 6,770 8,529
Profits 10,996 13,004 9,811 12,234 9,790 28,599 46,045
Portfolio investment -10,142 -10,461 -11,687 -11,539 -10,523 -31,408 -43,828
Interest on debt securities -10,009 -10,588 -11,795 -12,044 -11,958 -30,309 -44,436
Dividends on equity and investment fund shares -132 127 108 505 1,436 -1,098 608
Other investment -126 -646 -1,135 -2,596 -527 -8,223 -4,502
Secondary income -3,763 -1,397 -1,254 -1,374 -532 -3,980 -7,787
Private transfers -5,224 -2,816 -2,391 -2,502 -2,684 -9,278 -12,933
Government transfers 1,461 1,419 1,137 1,129 2,152 5,298 5,145
Source(s):
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