Balance, calculated as the difference between income and expenditure on services, such as transportation and travel services, insurances, earnings and interest income from international capital movements.
Comprises transportation services, income and expenditure on travel services, insurances, licences, earnings and interest income from international capital movements.
the difference in value over a period of time of a country's imports and exports of services and payments of property incomes
Comprises transportation services, income and expenditure on travel services, insurance's, licensees, earnings and interest income from international capital movements.
The invisible balance or balance of trade on services is that part of the balance of trade that refers to services and other products that do not result in the transfer of physical objects. Examples include consulting services, tourism, and patent license revenues. This figure is usually generated by tertiary industry.