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Table 7.3 : Balance of Payments - invisibles on current account ($ m) 1970-71 to 1994-95
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(Including Grants) 1970
-71
1980
-81
1990
-91
1991
-92
1992
-93
1993
-94
1994
-95
1. Foreign travel
Receipts 49 1221 1456 1977 2098 2222 2365
Payments 24 114 392 465 385 497 818
Net 25 1107 1064 1512 1713 1725 1547
2. Transportation
Receipts 145 457 983 939 982 1433 1696
Payments 105 450 1093 1289 1485 1765 1863
Net 40 7 (110) (350) (503) (332) (167)
3. Insurance
Receipts 16 64 111 108 158 124 152
Payments 16 43 88 126 146 195 181
Net 0 21 23 (18) 12 (71) (29)
4. Investment income
Receipts 66 917 368 221 376 395 886
Payments 404 592 4120 4051 3799 3665 4317
of which: interest & service (272) (367) (2763) (2590) (2412) (2605) (2690)
Net (339) 325 (3752) (3830) (3423) (3270) (3431)
5. Government not included elsewhere
Receipts 40 111 15 17 75 30 10
Payments 31 60 173 119 100 153 165
Net 9 51 (158) (102) (25) (123) (155)
6. Miscellaneous
Receipts 42 951 1986 1981 1417 1455 1912
Payments 105 840 1825 1816 1485 2119 2506
Net (63) 111 161 165 (68) (664) (594)
7. Transfer payments
a) Official
Receipts 96 755 462 461 364 373 421
Payments 9 5 1 1 1 5 5
Net 88 750 461 460 363 368 416
b) Private
Receipts 209 2707 2083 3798 3864 5287 8112
Payments 18 15 14 15 12 22 19
Net 191 2692 2069 3783 3852 5265 8093
Total invisibles
Receipts 662 7183 7464 9502 9334 11319 15554
% yoy - - - 27.3 (1.8) 21.3 37.4
Payments 711 2119 7706 7882 7413 8421 9874
% yoy - - - 2.3 (6.0) 13.6 17.3
Net Receipts (49) 5064 (242) 1620 1921 2898 5680
% yoy - - - - 18.6 50.9 96.0

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