Italy IT: BOP: Reserves and Related Items

Italy IT: BOP: Reserves and Related Items data was reported at 2.911 USD bn in 2017. This records an increase from the previous number of -1.289 USD bn for 2016. Italy IT: BOP: Reserves and Related Items data is updated yearly, averaging 1.254 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 12.878 USD bn in 1997 and a record low of -24.449 USD bn in 1992. Italy IT: BOP: Reserves and Related Items data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Balance of Payments: Capital and Financial Account. Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. In BPM6, the headings of the financial account have been changed from credits and debits to net acquisition of financial assets and net incurrence of liabilities; i.e., all changes due to credit and debit entries are recorded on a net basis separately for financial assets and liabilities. Financial account balances are calculated as the change in assets minus the change in liabilities; signs are reversed from previous editions.

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What was Italy's Italy IT: BOP: Reserves and Related Items in 2016?

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