Economic statistics - 01.10.1979, Page 13

V. Balance of Payments
Table 1. Balance of Payments Summary
Milliards Trade account Serv.
of krónur Exports Imports Balance balance
1965 5.5 5.3 0.2 _
1966 6.0 6.3 -0.3 _
1967 4.2 6.5 -2.3 -
1968 4.7 7.3 -2.6 _
1969 9.4 9.3 0.1 0.3
1970 12.9 12.5 0.4 0.3
1971 13.1 17.5 -4.3 0.5
1972 16.7 18.8 -2.1 0.3
1973 26.0 29.1 -3.1 0.5
1974 32.9 47.6 -14.7 -0.8
1975 47.4 68.0 -20.6 -0.8
1976' 73.5 78.1 -4.6 0.2
1977 101.9 112.4 -10.5 0.8
1978 176.3 168.3 8.0 0.4
Current account Long- lerm foreign SDR's, errors and Capital Overall balance Average of rale pr.
balance credit omiss. balance paym. U.S.S
0.2 0.2 -0.1 0.1 0.3 42.9
-0.3 0.6 -0.3 0.3 42.9
-2.3 0.5 0.7 1.2 -1.1 42.9
-2.6 0.9 0.9 1.8 -0.8 56.9
0.4 1.2 0.1 1.3 1.7 87.9
0.7 -0.7 1.2 0.5 1.2 87.9
-3.9 2.9 2.5 5.4 1.5 87.6
-1.8 2.7 -0.2 2.5 0.7 87.1
-2.6 3.6 - 3.6 1.0 89.7
-15.5 9.0 0.9 9.9 -5.6 99.8
-21.4 15.2 1.4 16.6 -4.8 153.6
-4.4 10.8 -3.0 7.8 3.4 181.9
-9.7 19.3 -3.6 15.7 6.0 198.8
-8.4 14.5 -8.4 6.1 14.5 271.5
Table 2. Long-Term Foreign Debt
Jan. - June
Milliards of krónur, end of period 1973 1974 1975 1976 1977 1978 1978 1979
1 Long-term foreign debt total 20.9 41.4 73.7 95.9 134.3 236.1 165.7 262.3
11 Public sector 12.3 23.2 41.9 57.1 86.7 154.7 107.1 176.1
111 Treasury 7.9 13.4 21.9 31.6 51.6 91.8 65.2 104.2
112 Government enterprises . . 3.8 7.7 15.6 20.5 27.8 47.3 32.8 55.7
113 Municipalities 0.6 2.1 4.4 5.1 7.2 15.6 9.2 16.2
12 Financial instit 4.5 8.9 18.0 23.6 26.7 45.1 33.9 47.0
121 Central Bank 0.2 1.4 3.6 5.6 4.3 5.7 5.1 5.0
122 Commercial banks .... 1.4 3.4 8.2 9.2 12.9 21.5 16.4 23.8
123 Inv. credit funds 2.9 4.1 6.2 8.7 9.5 17.9 12.5 18.3
1231 Dev. Fund 2.0 2.9 4.5 7.0 7.6 13.9 10.1 13.9
1232 Fish. Loan Fund .... 0.8 1.2 1.6 1.8 1.9 4.0 2.3 4.3
13 Private sector 4.1 9.3 13.2 15.2 20.9 36.3 24.7 39.1
131 Fishing vessels 0.8 3.2 4.1 3.7 5.1 7.2 6.1 8.0
132 Fishing industry 0 0.1 0.1 0.1 0.1 0.2 0.2 0.2
133 Other ship loans 1.0 2.9 3.7 4.6 7.4 9.0 7.9 9.7
134 Aircraft 1.2 1.2 2.7 4.3 4.1 4.9 4.4 4.7
135 Other 1.0 1.9 2.6 2.5 4.2 15.0 6.1 16.6
Rate pr. U.S. dollar 83.6 118.3 170.6 189.5 212.8 317.7 258.9 343.6
Debt service burden as a ratio of total export revenue 9.1 11.2 14.2 13.8 13.7 13.3
Table 3. Foreign Exchange Transactions of the Banking System* Jan. - August
Milliards of krónur 1973 1974 1975 1976 1977 1978 1978** 1979
1 Foreign exchange purchases . . 32.5 46.5 72.7 101.3 134.8 222.1 166.5 205.4
2 Foreign exchange sale 31.5 52.7 77.3 97.6 128.9 207.5 182.0 194.9
3 Net purchases of the banks . . 0.9 -6.2 -4.6 3.6 5.8 14.6 -15.5 10.4
* Based on average exchange rates in each period. ** Based on exchange rates in the corresponding period in 1979.
11