Changes to publications
Changeover from Q1 2014
The current account and international investment position will be published according to the new statistical standards from 2014. The presentation, methodology and content of the balance of payments will change significantly in future, and the new data will not be comparable with today’s publications. The structure of the current account will be refined (cf. draft tables for BOP and IIP).
Waiving of 2013 annual report for balance of payments and international investment position
As it would only be possible to compile a publication according to the old standard for the year 2013, the SNB will not publish a 2013 Swiss balance of payments annual report in 2014. From 2015, the 2014 current account and international investment position – as well as all successive editions – will be published as per the new standard.
Gradual introduction of changes
From Q1 2014 (publication at the end of June 2014), the current account and international investment position will formally be published in line with the structure set out under BPM6. The current account will also include the results of the revised surveys for 2012 and 2013. The only exception here will be income from direct investment, which will be presented according to the current methodology until the new financial account surveys have been introduced.
From Q3 2014, the results of the revised financial account surveys, including investment income on direct investment, will be integrated into the balance of payments.
From Q1 2015, most of the balance of payments components will be broken down geographically. Portfolio investment, derivative financial instruments, reserve assets and the international investment position will not be included in the geographical breakdown.