The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.
If you are looking for statistical figures, go from the definition to the statistics page.
Financial account
Financial balance sheets show intersectorial lending and borrowing relationships, i.e. each sector's debts to other sectors, as well as its receivables from other sectors. One sector's debt is another sector's receivable.
Financial balance sheets are classified into seven main categories which are subdivided into subcategories. The classification is consistent with the classification of financial transactions.
Statistics using the definition
Validity of the definition
- Valid
Source organisation
- EU
Related concepts
- Portfolio investment
- Financial derivatives
- Trade credits
- Central bank reserve assets
- Loans
- Balance of payments
- Other equity
- Other accounts receivables/payables
- Other investment
- Financial accounts
- Direct investment
- Deposits
- Foreign direct investment
- Insurance, pension and standardised guarantee schemes
- International investment position
The financial account describes how the surplus or the deficit in the current account is invested or financed to and from abroad, respectively. The financial account comprises changes in foreign direct investment, portfolio investment, other investment, financial derivatives and central bank reserve assets. The sub-items of other investments include loans and deposits, trade credits, other equity, SDR allocations, insurance, pension and standardised guarantee schemes, and other accounts receivable/payable. The sectoral breakdown conforms to the official classification applied, for example, in the system of national accounts.
Statistics using the definition
Validity of the definition
- Valid
The financial account describes how the surplus or the deficit in the current account is invested or financed to and from abroad, respectively. The financial account comprises changes in foreign direct investment, portfolio investment, other investment, financial derivatives and central bank reserve assets. The sub-items of other investments include loans and deposits, trade credits, other equity, SDR allocations, insurance, pension and standardised guarantee schemes, and other accounts receivable/payable. The sectoral breakdown conforms to the official classification applied, for example, in the system of national accounts.
Statistics using the definition
Validity of the definition
- 1 January 2014 - 12 July 2021
Source organisation
- IMF
Related concepts
- Financial derivatives
- Trade credits
- Central bank reserve assets
- Loans
- Balance of payments
- Other equity
- Other accounts receivables/payables
- Other investment
- Portfolio investment
- Financial accounts
- Direct investment
- Deposits
- Foreign direct investment
- Insurance, pension and standardised guarantee schemes
- International investment position
Source organisation
- IMF
Related concepts
- Financial derivatives
- Trade credits
- Central bank reserve assets
- Loans
- Balance of payments
- Other equity
- Other accounts receivables/payables
- Other investment
- Portfolio investment
- Financial accounts
- Direct investment
- Deposits
- Foreign direct investment
- Insurance, pension and standardised guarantee schemes
- International investment position
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