Balance of Payments is a statistical statement summarising the economic transactions between the residents of Slovak Republic and the residents of the rest of the world during a reporting period.
Balance of Payments is compiled monthly in a cumulative form.
In addition, each enterprise with foreign assets or liabilities at the reference date that exceed one million SKK is required under Slovak law to provide monthly report. The external trade data record the physical movement of goods, which are valued at market prices and recorded at the time of crossing the frontier of Slovak Republic. Data for 1993 include the coupons of Slovak shareholders in Czech enterprises, which Slovak shareholders obtained without payments after the split of Czechoslovakia into the Czech Republic and the Slovak Republic. Data for 1994 and 1995 include the repayment of liabilities in respect of a branch of a bank of the Czech Republic, located in the Slovak Republic. Data for 1996 represent the debt forgiveness from the International Investment Bank, Moscow.